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Wednesday, 28 December 2016 14:37

Shipyards Struggling with Financial Difficulties

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Hyundai Heavy Industries (HHI), Samsung Heavy Industries (010140.KS) (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME) are struggling with setting their business goals for next year. The three shipyards are facing poor business circumstances in 2017, especially when it comes to their finances. Daewoo Shipbuilding Marine Engineering (DSME) will try to achieve this year's profits amounting to about USD 6.2 trillion. The shipyard is expected to receive orders worth USD 10.8 billion, but these have been postponed until June. Hyundai Heavy Industries (HHI) as DSME plans to achieve a target in the amount of USD 9.5 trillion. HHI, DSME and SHI are projecting some losses for next year. These shipyards have earned about USD 1.9 billion in 1997 and 2017 could be similar.
Tuesday, 27 December 2016 08:06

The first methanol - fueled tanker

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The first methanol-fuel tanker, Lindanger, was manufactured by the Hynudai Mipo shipyard in Ulsan, South Korea. The newly built vessel is the first methanol-fuelled vessel ever. It features a Hyundai - B&W 6G50ME-9.3 ME-LGI two-stroke 10,320 kW engine and can be propelled by methanol, fuel oil, diesel fuel, and gas fuel. Lindanger is the first of 7 vessels in the series which will be authorised by Waterfront Shipping by the end of 2016. Width: 32.2m Depth: 19.1 m Capacity: 49.999 dwt Speed: 15.8 knots Main engine: Hyundai - B&W 6G50ME-9.3 LGI Power: 10.320 kW at 100 rpm
Friday, 23 December 2016 13:52

Electric drive by the end of 2017

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Two ferries that will sail to Denmark and Sweden will use electric powered propulsion by the end of 2017. The Öresund Dry Docks, in Landskrona, Sweden, have been selected to modernize the two ferries. M/F Tycho Brahe and M/F Aurora will be equipped with a 4.16 MW battery during February of 2017. When the batteries are empties, they will be charged at stations, which charge about 1200 kWh in a very short time period. The ferry is charged when it enters port. During the 20 active minutes between the ports, the batteries are depleted by about 30% of their capacity. The full capacity of the batteries on each ferry amounts to 4,160 kWh. The ferries will operate between Denmark and Sweden, using only battery power, and will transport about 7.4 million passengers and 1.9 million vehicles annually.
Thursday, 22 December 2016 14:49

Safe transport with MAN buses

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Riding a bus is relaxing when it comes to the skiing season. In many regions, the 2016/2017 season has already begun. Hundreds and thousands of winter sports fans will go to the mountains, and many of them are getting there by bus. MAN buses feature detailed equipment, from ski carriers to the best tyres available. In order to get the passengers to their destination, both the company and the drivers must be prepared. Rolf Lechner, MAN ProfiDrive instructor trains drivers in the field of safe conditions. The purpose of the training is to achieve a high level of concentration, compliance with safety regulations, and knowledge about vehicle technology. More recent MAN bus models feature diesel engines with state-of-the-art components installed. The buses undergo frequent inspections, and are highly valued.
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