• 2019 June 13 11:03

    Damen Marine Components acquires WK Hydraulics

    On 1st of April 2019, Damen Marine Components (DMC) acquired the assets of WK Hydraulics, a specialist maritime hydraulics systems manufacturer located in Barendrecht, the Netherlands. DMC and WK Hydraulics already overlap in areas such as steering gear and hydraulic power units, however WK Hydraulics also brings particular experience in the building of larger, customised hydraulic systems for winches, cranes, bow thrusters and other applications.

    The WK Hydraulics product portfolio additionally includes towing pins, wire and chain stoppers, and equipment to flush large hydraulic systems, which will be new to DMC’s current product range. However, these will fit in well alongside its core rudder, steering gear, winch and nozzle systems.

    DMC and WK Hydraulics have worked together on projects in the past, and in today’s highly competitive market the management of WK Hydraulics recognised the benefits of taking that relationship a stage further by becoming part of a larger entity. Its goal was to broaden its business model from being purely focused on hydraulic systems to becoming a supplier of drive systems in all their different forms. This required bringing in additional skills and resources in disciplines such as electronics and PLC technology, which could only happen if WK Hydraulics gained access to greater resources than it can currently command. This ambition in turn fits neatly with that of DMC to become a 'competence centre' covering the entire hydraulics sector.

    “WK Hydraulics will deliver on all its contracts under its own brand until the end of March,” says Peter Kok, its managing director. “After that, our product range will be sold under the Damen Marine Components or the Van der Velden Marine Systems brand names. The transition will be complete when we join the DMC team at its new facility at Hardinxveld, which is currently under construction. Support for users of our existing systems will continue without interruption.”

    Steef Staal, managing director of Damen Marine Components, added, “WK Hydraulics has always been an important supplier and indeed partner for Damen Shipyards. With DMC now moving to extend its product portfolio, we identified the need to enhance our capabilities in hydraulics and hydraulic-driven deck gear. WK Hydraulics is ideally positioned to fill that gap. We are very happy to welcome the complete WK Hydraulic staff and their skills and knowledge. We are looking forward to a successful future together.”

    Damen Shipyards Group
    Damen Shipyards Group operates 36 shipbuilding and repair yards, employing 12,000 people worldwide. Damen has delivered more than 6,500 vessels in more than 100 countries and delivers around 175 vessels annually to customers worldwide. Based on its unique, standardised ship-design concept Damen is able to guarantee consistent quality.

    Damen’s focus on standardisation, modular construction and keeping vessels in stock leads to short delivery times, low ‘total cost of ownership’, high resale values and reliable performance. Furthermore, Damen vessels are based on thorough R&D and proven technology.

    Damen offers a wide range of products, including tugs, workboats, naval and patrol vessels, high speed craft, cargo vessels, dredgers, vessels for the offshore industry, ferries, pontoons and superyachts.

    For nearly all vessel types Damen offers a broad range of services, including maintenance, spare parts delivery, training and the transfer of (shipbuilding) know-how. Damen also offers a variety of marine components, such as nozzles, rudders, winches, anchors, anchor chains and steel works.

    Damen Shiprepair & Conversion (DSC) has a worldwide network of eighteen repair and conversion yards of which twelve are located in North West Europe. Facilities at the yards include more than 50 floating (and covered) drydocks, including the longest, 420 x 80 metres, and the widest, 405 x 90 metres, as well as slopes, ship lifts and indoor halls. Projects range from the smallest simple repairs through Class’ maintenance to complex refits and the complete conversion of large offshore structures. DSC completes around 1,300 repair and maintenance jobs annually, both at yards as well as in ports and during voyage.




2019 October 15

18:37 MOL conducts tabletop drill based on an incident simulation involving containership
18:07 Fincantieri announces delivery of the fourth Royal Princess class ship at the Monfalcone shipyard
17:55 Tatarstan and Gazprom sign action plan for implementation of pilot project on using LNG powered ships
17:36 Keppel delivers fourth jackup rig to Borr Drilling
17:06 Maritime and Port Authority of Singapore revokes Inter-Pacific Petroleum Pte Ltd’s bunker craft operator licence
16:49 Hudson Shipping Lines joins the Trident Alliance as a member
16:26 PGNiG: a new oil and gas discovery in the Norwegian Sea
15:32 Port of Kiel announces conclusion of cruise season with turnover of cruise passengers having grown by 33.6% YoY
15:04 TechnipFMC awarded subsea contract for PetroVietnam Gas’ Nam Con Son 2 Phase 2 Gas pipeline development in Vietnam
14:35 Deltamarin provides RMC with design services for the Tallink ferry project
14:31 Port of HaminaKotka and Steveco jointly constructed pulp terminal in Kotka’s Mussalo Harbour
13:57 Shore power to improve air quality and reduce noise in Port and City of Tallinn
13:20 “Wind Barriers at the Freeport of Riga” project receives Annual Riga Architecture Award
12:54 Krasnoye Sormovo delivers Pola Pelagia, yet another dry cargo carrier of Project RSD59
12:18 Bunker prices are flat at the Far East ports of Russia (graph)
11:55 Khabarovsk Shipyard launched pontoon dock gate for city protection against floods
11:09 Amendments to IMO's Ballast Water Management Convention enter into force on 13 October 2019
10:56 Trade Port Posiet handled 4.4 million tonnes of cargo in 9M’2019, up 4% YoY
10:37 World Maritime University delivered its Maritime Business Integrity and Corruption Awareness Seminar
10:09 Hapag-Lloyd announces rates from East Asia to North Europe and Mediterranean
09:38 Brent Crude futures price is down 0.76% to $58.9, Light Sweet Crude – down 0.67% to $53.23
09:32 MABUX: Bunker market this morning, Oct 15
09:22 Baltic Dry Index is down to 1,916 points
09:14 Jan De Nul helps to boost Mauritania’s iron ore export
08:59 CMA CGM announces FAK rates from Asia to North Africa

2019 October 14

18:06 Neptune Energy acquires North Sea assets from Energean
17:57 Rosatom set to have its plan for development of NSR infrastructure till 2035 to be approved by RF Gov't before year end
17:35 2020 Bulkers enters into a time charter agreement for Bulk Shanghai
17:21 Bronka port to handle cargo of up to 500 tonnes
17:05 CMA CGM announces FAK rates from Asia to the Mediterranean
16:50 Names given to first two super trawlers of Russian Fishery Company
16:35 Sasol invests in first South African-owned chemical tanker through Nduna Maritime
16:05 Norsepower signs service agreement with Wärtsilä to strengthen global wind propulsion service network
15:53 Teekay Corporation announces 3.5-year contract for the Hummingbird Spirit FPSO
15:42 Mexico sets high priority on IMO legal conventions
15:13 Rotterdam container placed on ‘Noah’s Train’
14:15 Philippine Ports Authority hires additional port police personnel
13:56 Some services in Russian ports to be excluded from the list of regulated services
13:11 Journey to 2050, Decarbonization, Digitalization and the Future of Safety Debated at ABS Taiwan Committee
12:38 Average wholesale prices for М-100 HFO down to RUB 12,473 in RF spot market
12:15 Cunard and Fincantieri start the construction of new cruise ship
11:22 IMO’s training workshop on handling of dangerous goods held in San José, Costa Rica
11:00 MARSA App to improve marine traffic and vessel service management for vessels calling at Abu Dhabi Ports
10:09 Greek Committee of Planning and Development of Ports approves € 611.8 mln investment plan for port of Piraeus
09:57 North Sea Port on course for new annual record
09:34 Brent Crude futures price is down 0.51% to $60.2, Light Sweet Crude – down 0.59% to $54.38
09:16 Baltic Dry Index is down to 1,924 points
09:00 Rederij de Jong team up with Wouter Kleiss and Mathijs van Schaik to form new company in the Port of Rotterdam
08:58 LR celebrates twenty years of leadership in naval classification
08:23 MABUX: Bunker Market this morning, Oct 14

2019 October 13

16:12 DHS, USCG extend limited contract relief for Offshore Patrol Cutter
15:39 CMA CGM to implement PSS for Douala, Cameroon
14:33 Okeanis Eco Tankers announces acquisition of Suezmax newbuilding duo
13:42 Pentland Ferries' new ship arrives to deliver most environmentally-friendly ferry service in Scontland
11:22 Global Energy to take over long-term operation of Nigg Oil Terminal
10:56 ICE announces new milestones in TTF and JKM trading

2019 October 12

16:35 HII expands Shipbuilder Academy program
14:29 Robert Allan design of two fire-floats delivered to Bangladesh shipyard
12:23 POSH announces acquisition of equity stake in Dolphin's Pacific Workboats
11:41 Sea trials begin for the second CCG's Offshore Fisheries Science Vessel built at Seaspan's Vancouver Shipyards