• 2017 November 19 17:31

    Wison signs MOU with Shanghai Electric for medium large floating LNG power solution

    Wison Offshore & Marine ("Wison") today announced it has signed a Memorandum of Understanding ("MOU") on strategic cooperation with Shanghai Electric Power Generation Group ("Shanghai Electric"), the company said in its press release.

    Two parties will join their efforts in medium to large-scale floating LNG power generation barge, with regards to its product development, global marketing and technical services. Such collaboration aims to promote the commercialization of this new electrification solution while opening up a series of further cooperation in power sector between Wison and Shanghai Electric.
     
    The strategic tie-up builds on Wison's unique experience and integration capability in floating LNG facilities combined with Shanghai Electric's leading edge in core gas power equipment and EPC services for international power projects. Based on the Floating LNG Storage Regasification and Power Generation("FSRP") solution developed by Wison earlier on, both parties will join forces to build up capabilities throughout FSRP project life cycle from product development, marketing, project financing, facility construction, to operation and maintenance, with a view to accelerate commercialization of this innovative solution in global market. The parties will focus on developing medium large-scale FSRP, and study the application of Shanghai Electric's world class gas turbine technology and integrated generation set solution to the FSRPs, such that the product’s economy and reliability can be further enhanced. While Wison already received Approval in Principle for its 50MW FSRP from Bureau Veritas in July, today's strategic move signifies Wison has taken a solid step towards medium large scale FSRP development.
     
    Wison is committed to providing cost-effective LNG infrastructure solutions for natural gas industry and end-users. As the EPCIC contractor for world's first Floating LNG Storage and Re-gasification("FSRU") barge, Wison eyes FSRP as a critical extension of its LNG product portfolio, that is advantageous in project capital cost and lead time to comparable on-shore solutions. Mr. CUI Ying, CEO of Wison Offshore & Marine said, "Wison is greatly honored to join hands with Shanghai Electric, a worldwide market leader to develop FSRP products. It's no doubt the complimentary strengths and resources of the two companies can facilitate our path forward in commercializing floating LNG power, which in turn will solidify a leading position in this emerging market."
     
    Shanghai Electric is highly positioned in technological R&D, equipment supply, investment and management of power infrastructure with impressive track record. The company's existing order backlog in power station of over RMB70 billion ranks top amongst the peers internationally. Its high profile gas turbine portfolio is further strengthened by the long-term cooperation with Italian Ansaldo Energia, a well-known heavy duty gas turbine manufacturer. "Cooperation with Wison on floating LNG power station coincides with our effort to accelerate developing gas turbine business. Such innovative concept is a new attempt for marine application of heavy duty gas turbines. I very much look forward to the "win-win" cooperation on international markets." Mr. CAO Min, President of Shanghai Electric Power Generation Group commented on the collaboration with Wison.
     
    Both parties have a buoyant view over power demands fueled by global economy which is largely driven by growth in developing countries, and clean power in particular has promising long-term prospects. Alongside gas-fired power, Wison and Shanghai Electric will also launch discussions on coordinating efforts to develop deep water wind power technologies, as well as to seek investment and operational opportunities in power sector, in the hope of making high value-added contribution to the energy security and development in regions with thirst for affordable clean power.




2018 November 14

12:33 USC: aircraft carrier Admiral Kuznetsov to be out of repair on time
12:01 NYK introduces its initiatives of green bond
11:55 Clean water projects receive $3 mln from Long Beach Board of Harbor Commissioners
11:28 Navigation on Neva arms in Saint-Petersburg to close on November 15
10:45 IMO holds training for OSR officials in Myanmar
10:21 Brent Crude futures price down 0.29% to $65.28, Light Sweet Crude – down 0.45% to $55.44
10:02 GTT notified by Hyundai Heavy Industries for the tank design of a new LNG Carrier
09:59 STX receives AiP from LR for LNG-fuelled 50k dwt MR tanker
09:40 Bunker prices at the Port of Saint-Petersburg, Russia returned to September level (graph)
09:17 Baltic Dry Index is down to 1,064 points

2018 November 13

18:06 Navios Containers seeks to list on a U.S. stock exchange
17:53 BIMCO adopts 2020 bunker clauses
17:34 CMA CGM to revamp its CIMEX 2K2 service
17:11 Nevsky Shipyard takes part in «Transport of Russia» exhibition
16:56 NOVATEK shipped first LNG cargo to CNOOC
16:34 KOTUG and Petroconsult join forces to establish KOTUG PETRO Maritime (KPM)
16:20 Training on oil spill preparedness and response held for countries in eastern Africa
16:04 Diana Shipping announces the sale of a Panamax dry bulk vessel
15:55 Throughput of port Kavkaz in 10M’18 grew by 19% Y-o-Y to 42.6 million tonnes
15:34 Royal IHC wins KNVTS Ship of the Year for SCHELDT RIVER
15:03 Damco launches a dedicated warehouse for Barry Callebaut and inaugurates a new facility in the heart of Poland
14:41 MAN Cryo to design and deliver LNG regasification terminal
14:25 LUKOIL reports preliminary operating data for Q3 and 9M’2018
14:03 COSCO Shipping Heavy Industry and GTT sign agreement for LNG carrier repairs
13:42 Alfa Laval wins two orders to supply Framo pumping systems to oil platforms in the North Sea
13:13 HH Ferries Group officially inaugurates two battery-powered passenger ferries
12:48 BIMCO launches survey to highlight biofouling management
12:24 HHLA container throughput up by 1.0 percent in the first nine months of 2018
12:07 Torqeedo reveals new products for electric mobility on the water
11:51 Bunker prices are still high in the Far East ports of Russia (graph)
11:22 Throughput of port Riga (Latvia) in 10M’18 climbed by 6.5% Y-o-Y to 29.9 million tonnes
10:53 RF Navy's training ship Perekop returns from distant cruise
10:29 Brent Crude futures price down 1.04% to $69.39, Light Sweet Crude – down 1.33% to $59.13
10:10 ABP invests £1 million in Port of Lowestoft as part of energy hub vision
09:44 National maritime transport policy training held for Mexican officials
09:16 Baltic Dry Index is down to 1,125 points
09:07 Valencia Containerised Freight Index rises 2.57% and stands at 1,105.61 points
08:07 ERMA FIRST obtains USCG type approval for ballast water treatment system using FILTREX filters
07:18 Long Beach cargo volumes up 5.4 percent in October 2018

2018 November 12

18:01 Major ASW ship Severomorsk of RF Navy's Northern Fleet participates in Russian-Japanese exericse in the Gulf of Aden
17:42 Maritime Administration of Ukraine announced selection of 13 seaport captains
17:04 Maersk Line announces FAK rates from Northern Europe to Middle East and ISC
16:56 Danish shipyard orders large equipment package from Rolls-Royce
16:54 Wan Hai Lines orders 20 new vessels
16:50 Throughput of Rostov-on-Don port in 10M’18 up 18% Y-o-Y to 21.1 million tonnes
16:34 CMA CGM announces GRR from Asia to South Africa
16:22 RF Ministry of Industry and Trade announces tender for R&D and designing of marine systems and technologies
16:04 Bigger share of modal split envisaged for inland shipping in the Baltic Sea Region
15:51 RF Ministry of Industry and Trade announces tender for documentation on construction of Leader icebreaker
15:34 IMRF and The Nautical Institute sign MOU
15:20 Port of Liepaja (Latvia) handled 6.24 million tonnes of cargo in 10M'18, up 19% Y-o-Y
15:04 Yang Ming reports its financial results for 2018 Q3
14:46 Sea Port of Saint-Petersburg completes New Leaders project
14:31 ClassNK and TÜV Rheinland sign partnership agreement for cybersecurity services
14:03 Maersk Line announces rates from North Europe to Far East Asia
13:47 ICTSI plans to invest over P5 billion in Iloilo ports
13:28 Baltiysky Zavod shipyard loaded reactors onto nuclear-powered icebreaker Ural, second serial ship of Project 22220
12:40 Average wholesale prices for М-100 HFO down to RUB 20,508 in RF spot market
11:57 Reduced Klaipeda seaport charges for container ships to boost shipping development
11:34 IMO supports equal opportunities for women in fisheries