Marine Equipment News


Siemens, Carlyle Near $2.4 Billion Deal Over Flender Business

Oct 26, 2020

U.S. buyout group Carlyle Group Inc is nearing an agreement to acquire Siemens AG's mechanical drive arm Flender, for about 2 billion euros ($2.37 billion), Bloomberg News reported citing sources.Siemens and Carlyle are finalizing terms of the deal that could be announced as early as this week…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Temperature

Oct 23, 2020

Tip #4: Oil Temperature - Assume that 'running hot' is normalDuring warm summer months, with reasonable certainty, high machine temperatures will follow. This is especially true if using air oil heat exchangers. Dismissing this expectation may allow operators to prevent down time…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Cleanliness

Oct 21, 2020

Tip #3: Oil Cleanliness - Don't add regular filter changes to your maintenance scheduleMost filters have switches indicating when the element is full, and sometimes waiting for that may be too late. Changing filters on a regular service interval…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Fluid Selection

Oct 20, 2020

Tip #2: Fluid Selection - Using the wrong fluid at the right timeFluid selection plays a critical role in machine life, and it is easy to take the convenient path, which is use what is already available from other equipment. When matched with the right component…

Harvey Gulf Equipping Four More PSVs for Tri-fuel Ops

Oct 19, 2020

U.S. offshore support vessel company Harvey Gulf International has ordered Wärtsilä's energy storage system for four of its platform supply vessels.The order comes just after Harvey said in September it had completed an upgrade of its platform supply vessel Harvey Energy…

ABB's Batteries for KNOT Shuttle Tankers

Oct 14, 2020

ABB has won a contract to equip KNOT's shuttle tankers with battery technology and other electric solutions, with the aim of making the vessels fuel-efficient and reducing emissions. Once complete, the shuttle tankers will go on a charter with Norwegian oil company Var Energi…

Miko Marine to Supply Magnetic Hull Closures for Modec FPSO

Oct 06, 2020

Norwegian company Miko Marine will deliver four cofferdams and water inlet covers for a Modec FPSO being built in China.The FPSO, under construction at the DSIC yard in Dalian, will operate at Equinor's Bacalhau field offshore Brazil.Miko Marine…

Konecranes and Cargotec to Merge

Oct 01, 2020

Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec plan to merge to help speed up innovation and reap savings, they said on Thursday, sending both of their shares sharply higher.The boards of the companies, which…

Wärtsilä Names Håkan Agnevall as President and CEO

Sep 30, 2020

Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola…

Harvey Gulf to Equip Eight More Vessels with Battery Systems

Sep 24, 2020

Harvey Gulf International Marine announced Thursday it will install 10 battery systems on board eight of its vessels as the U.S. based offshore vessel owner continues its efforts to transform its fleet for greener operations.Harvey Gulf said…

Pump Tech Focus: Leistritz FlexCore Screw Pump Series

Jul 30, 2020

Leistritz Pumpen GmbH is a long and storied name in maritime business, and with its FLEXCORE screw pumps the company claims to provide an unusually wide application window and more freedom of installation. “With FLEXCORE, Leistritz has created…

Trelleborg Names Nilsson as New CFO

Jul 20, 2020

Fredrik Nilsson has been hired to take over as the new Chief Financial Officer of Sweden-based engineered polymer solutions company Trelleborg Group, replacing Ulf Berghult who is leaving the role to take a position outside the company.Berghult…

CGG's Sercel Buys Stake in Autonomous Robots Start-Up

Jul 08, 2020

France-based seismic data company CGG has informed that its subsidiary Sercel has acquired a 34% shareholding in AMBPR, a start-up company that designs and markets autonomous robots.The AMBPR robots are used for repairing (sanding and painting) of large metallic structures…

MAN Compressors for Yinson's Brazil-bound FPSO

Jul 02, 2020

MAN Energy Solutions will deliver six compressor trains for Yinson's FPSO being built for deployment in Brazil.For the FPSO named Anna Nery, MAN Energy Solutions will deliver four RB-type centrifugal-compressor trains for gas production and export…

Current News

Unique Floating Offshore Wind Design Gets DNV GL Nod

ConocoPhillips Posts Smaller-than-expected Loss

Exxon to Cut 14,000 Jobs as Pandemic Hits Oil Demand

Frequent Hurricane Shutdowns Weigh on US Energy Results

Subscribe for OE Digital E‑News