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RECORD YEAR FROM FINCANTIERI Fincantieri has reported record revenues for 2017 of more than €5billion, representing a 13% improvement on 2016 figures. A glut of orders worth €8billion – up 31% on the preceding year – and sound operational performance in shipbuilding with 12 vessels delivered, are cited as the primary factors influencing the year’s performance. Revenues from shipbuilding amounted to €3,883 million, with the cruise segment accounting for €2,649 million During the year, Fincantieri finalised contracts for two cruise ships for Viking, two cruise ships for Carnival (for Holland America Line and Princess Cruises), one extra-luxury cruise ship for Silversea Cruises, two cruise ships for MSC (a further evolution of the Seaside Class prototype), and four cruise ships for Norwegian Cruise Line. In the Offshore segment, as a result of the diversification strategy, the Group acquired orders for the construction of two Expedition cruises for the Australian shipowner Coral Expedition and for Ponant respectively; the latter ships will be the first LNG units designed to take passengers to polar destinations. Furthermore, the Group acquired orders for ten fishery vessels, five aquaculture units, two Car and Passenger ferries and one research expedition vessel. The last vessel, specialised in oceanographic research, will be built in collaboration with WWF Norway. Between 2018 and 2022, the Group is scheduled to deliver 22 cruiseships, 24 naval vessels, and 48 offshore units. A total of 12 vessels were delivered during the year: Viking Sky and Viking Sun, the third and fourth of a series of eight cruise ships for Viking Ocean Cruises; Majestic Princess, a prototype for Princess Cruise Line; Silver Muse, the ultraluxury cruise ship for Silversea Cruises; Seaside, the first of two next generation cruise ships, for MSC Cruises; FREMM Rizzo, the sixth unit of the Italian Navy FREMM program; Romeo Romei, the last of the four U212A Todaro class twin units for the Italian Navy; Little Rock (LCS 9), for the US Navy's LCS programme; and four Articulated Tug Barges for Kirby Corporation and Plains Towing. Giuseppe Bono, Fincantieri's Chief Executive Officer, said: “The results we have presented confirm the state of good health of our Company. We have demonstrated our capacity to deal with truly complex project and tenders. This level of excellence translates into a more than decade long work load ahead of us, in the unfailing ability to transform soft backlog into firm orders, all the while respecting project times and deadlines of ever more demanding clients. This strategy has been a winning one and is confirmed by the creation and distribution of value for our shareholders. We will now put this wealth of experience at the service of our country and of the European shipbuilding sector, the consolidation of which we have been working on for years, favouring an irreversible process of which we are proud to be protagonists.” WSM TO SUPERVISE NEWBUILDS Wilhelmsen Ship Management (WSM) has sealed a strategic newbuilding supervision partnership with WestEast Marine Consulting (WEM). “We are delighted to work with WEM as we look to grow our newbuilding supervision arm and offer a more comprehensive solution to our customers. WEM was selected because of its expertise, experience and reach in China where newbuilding activities are intensifying,” said Paal Gunnulfsen, Vice President for Region Asia, WSM. “WEM established team of expertise and processes with the Chinese shipyards will value add to our future clientele. As WSM’s Chinese partner, our clear understanding of the Chinese shipyard work environment can help WSM to achieve their business objective in China,” says Chen Hao, Director of WEM. Through the partnership, WSM’s experience newbuilding team will offer newbuilding supervision services to the mass market with reinforced technical expertise from WEM. WEM will work collaboratively with WSM to deliver efficient and quality supervision services in accordance with sound industry practice for ship construction supervision. SCHOTTEL SINGAPORE MOVES Schottel Singapore has relocated to new facilities next to the new shipyard centre in southwestern Singapore. The new facilities incorporate a workshop with an 80t lifting capacity, two 40t cranes that can lift loads up to nine metres in height, and also a crane with a lifting capacity of 6.3t. “This enables us to service and overhaul Rudderpropellers up to approximately 3500kW in a professional environment,” said Joachim Schein, Managing Director of SCHOTTEL Far East. SCHOTTEL Far East acts as the regional Headquarters for the German propulsion specialist. 22
NEW BD DIRECTOR FOR RADIO HOLLAND MIDDLE EAST Radio Holland announced the appointment of Nikeel Idnani as the Business Development Director for the region Middle East, Indian subcontinent & Africa. Based in Dubai, he will report to the Regional Director. Nikeel holds an MBA and was a Chief Engineer. He has close to 25 years working experience in the maritime industry, starting his career sailing as a marine engineer onboard a variety of ships for 10 years before being employed by multinational corporations in Dubai. He held regional responsibilities of sales, business development and marketing, working successively for Service companies, Ship Repair/Building, Ship designers and most recently as Principal Consultant/Business Development Leader for a major classification society. Since 2012, Nikeel volunteers as the Honorary Secretary of the Institute of Marine Engineering, Science & Technology (IMarEST) UAE Branch, hosting conferences to keep the regional maritime industry up to date with technological and engineering advances & developments. Nikeel hails from a family of Indian seafarers, is 48 years old and married with a 9 year old daughter. He is well known within the Middle East maritime circles WÄRTSILÄ TO MAINTAIN PUSHER TUGS Wärtsilä and Girocantex Uruguay, have signed a five-year maintenance agreement for eight pusher tugs operating in the challenging rivers of South America. Girocantex will also utilise Wärtsilä Online Services which gives them online access for technical information on their installations. PRS TEST LAB RECOGNISED The Polish Register of Shipping’s test lab has been approved a recognised fire test facility by the International Maritime Organisation (IMO). “We are proud to be the second Polish laboratory on the IMO list of laboratories recognised by the Administrations for Part 3 of FTP-Code 2010,” said PRS 23
Page 1: MEM MEM MARINE ENGINEERS MESSENGER
Page 4 and 5: PRIME MOVERS MAN AND HYUNDAI AGREE
Page 6 and 7: FIRST LPG-POWERED DUAL-FUEL ENGINE
Page 8 and 9: ALEWIJNSE COMPLETES ARKLOW REPOWER
Page 10 and 11: IMO’S 2020 SULPHUR DEADLINE A DON
Page 12 and 13: COLDHARBOUR INITIATES JAPANESE TYPE
Page 14 and 15: HHI RECEIVES LR AIP FOR LNG-FUELLED
Page 16 and 17: FINCANTIERI TO RENEW GRIMALDI FERRI
Page 18 and 19: VOLATILE ORGANIC COMPOUNDS VOC RECO
Page 20 and 21: COMPANY NEWS WÄRTSILÄ ACQUIRES TR

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