• 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.




2017 December 11

12:24 Gdansk, Poland to host Transport Week 2018 on March 6-8
12:01 JNPT records growth of 5.76% in container handling DPD share up at 34.73 per cent
11:48 Marine environment protection in Southeast Asia gets fresh backing from Norad
11:33 IMO took part in Salvage & Wreck London 2017 Conference
11:09 Vroon holds naming ceremony for VOS Stone
10:46 RF Transport Ministry starts drafting a bill to divide work between providers of pilotage services
10:22 Brent Crude futures price down 0.43% to $63.13, Light Sweet Crude – down 0.4% to $57.13
10:00 DNV GL presents GTT and TECHNOLOG with GASA statement for exoskeleton LNG tanks
09:59 Throughput of port HaminaKotka (Finland) up 10.4% to 13.36 mln t in 11M’17
09:40 Throughput of port Ventspils (Latvia) up 9% to 18.5 mln t in 11M’17
09:34 China Merchants Port officially operates Hambantota Port
09:17 Baltic Dry Index up to 1,702 points

2017 December 9

06:36 Hapag-Lloyd to increase rates for all cargoes and all container types from North East Asia to Australia
06:35 British Ports looking for cross border trade solutions as the UK and EU pass first big hurdle in the Brexit negotiations
06:30 Polarcus secures funding for 3D broadband project in Australia
04:11 CMA CGM GROUP completes the acquisition of MERCOSUL Line and strengthens its service offering in South America

2017 December 8

21:46 Neptumar agency successfully completes challenging two-phased delivery of project cargo from China to St. Petersburg
18:17 Yamal LNG loads first batch of LNG on Christophe de Margerie tanker
18:06 Wison multifunctional LNG Distributor granted AiP by DNV GL
17:06 China Classification Society signs Framework Agreement with MAN
16:58 Sredne-Nevsky Shipyard is ready to lay down yet another mine countermeasures vessel for RF Navy (photo)
16:27 Ice-class ships Spasatel Demidov, Admiral Lazarev and Admiral Serebryakov will assist vessels in the Kerch Strait this winter (photo)
16:05 MAN PrimeServ China signs Service Station Agreement with Zhoushan Xinya Shipyard
15:36 CMA CGM premium service to optimize CO2 emissions
15:34 Morsviazsputnik and Qiwi Blockchain Technology signed cooperation agreement (photo)
15:10 Port of Liepaja (Latvia) handled 6 mln t of cargo in 11M’17, up 18% Y-o-Y
14:46 ABB opens first ABB Ability™ Collaborative Operation Center in China
14:19 ABB AbilityTM extended with digital turbocharging solutions for marine
13:48 Sovcomflot’s Christophe de Margerie named Engineering Project of the Year at 2017 Platts Global Energy Awards
13:43 Jumbo signs LOI to order new LNG powered offshore construction vessel
13:25 Bunker prices go down at the port of Novorossiysk, Russia (graph)
13:01 Teekay Tankers announces management change
12:30 Le Havre, France hosts "Women in Port Management" course
12:01 Port of Virginia posts results for Nov 2017
11:43 LUKOIL starts drilling of first production well at Filanovsky field's Phase 2
11:22 FESCO transported 21 000 tons of cargo to northern Russia
11:01 BMT awarded new funding for autonomous navigation
10:40 Brent Crude futures price up 0.06% to $62.24, Light Sweet Crude – up 0.02% to $56.7
10:19 Bunker prices go down at the Port of Saint-Petersburg, Russia (graph)
10:01 Diana Shipping announces time charter contract for m/v Boston
09:38 Murmansk Sea Fishing Port handled 308,800 t in 11M’17, up 8.8% (photo)
09:20 Baltic Dry Index up to 1,679 points
09:13 Wärtsilä Linesafe for propeller shafts revolutionises bearing design
08:12 Ports of Long Beach and Los Angeles ask for proposals to reduce vessels’ at-berth emissions
07:11 ME-GI/ME-LGI dual-fuel engines hit 100,000 operating hours
06:12 ABS Executive lays out vision for future of shipping
05:12 Fincantieri launches new cruise ship “Nieuw Statendam”
04:13 London leads with first Air Quality Strategy for a UK port
03:13 CSSC GWS smart ship project achieves LR cyber-enabled ship (CES) descriptive notes
02:13 DNV GL presents GTT and TECHNOLOG with GASA statement for exoskeleton LNG tanks
01:24 SBM Offshore awarded turnkey contract for Statoil’s Johan Castberg turret mooring system

2017 December 7

18:15 MABUX Weekly Report: Rising oil production in the U.S. may pressure bunker prices
18:11 Throughput of port Riga (Latvia) down 6.7% to 31.11 mln t in 11M’17
17:50 Antwerp will host European Environmental Ports Conference on 16-17 May 2018
17:28 The Port of Gdansk gets yet another EU subsidy
17:05 Crowley’s newest LNG-fueled ConRo ship launched at VT Halter Marine
16:35 Prosafe extends standstill agreement with Cosco
16:16 Port Bronka presents railway-yard project for Russia to take over dry bulk cargo flows (photo)
16:05 OOCL introduces Japan Vietnam Service
15:37 Wärtsilä enters joint project agreement for shuttle tanker development