UK: Hamworthy Acquisition Becomes Effective

The Scheme of Arrangement with regards to the acquisition of Hamworthy has become effective and the control of Hamworthy has been transferred to Wärtsilä as of today, 31 January 2012. The associated Reduction of Capital was confirmed at a Court hearing on 30 January 2012 in London, United Kingdom and the trading of Hamworthy shares has ceased today.

In November 2011, Wärtsilä announced that it had reached agreement with the Board of Hamworthy in regards to a recommended cash offer for the acquisition of Hamworthy, a global provider of specialist equipment and services to the marine, oil & gas and industrial sectors.

The acquisition of Hamworthy will enhance Wärtsilä’s capabilities in the offshore, marine gas applications, and environmental solutions markets and it will provide important synergies. Hamworthy will be integrated as a business unit within Wärtsilä’s Ship Power business.

Shipbuilding Tribune Staff, January 31, 2012.

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Posted on January 31, 2012

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Marine Maintenance World Expo 29 September – 1 October

The international exhibition of maintenance and repair technologies, tools, spare parts, services and systems for vessels of all sizes, from yachts, commercial fishing vessels, work boats, passenger and vehicle ferries, to cargo ships, cruise ships, naval defence fleets, oil tankers, offshore support vessels and offshore-energy platforms.

Expect to see technologies and services including:

• Hull blasting/cleaning equipment
• Hull coatings
• Spare parts component suppliers
• Hull inspection equipment
• Ultrasonic testing equipment
• Non-destructive testing equipment
• Boat-lifting equipment
• Dry dock tools and equipment
• Underwater ship inspection surveys
• Underwater repair technology
• Marine engine maintenance equipment
• Maintenance of marine engine control systems
• Marine transmission maintenance systems
• Predictive maintenance systems
• Engine and oil analysis equipment
• Wear particle indicators
• Vibration analysis systems
• On-ship/onboard visual monitoring display equipment
• Bow stem slamming and strain monitoring
• Water quality monitoring
• Ship maintenance software
• Lifeboat maintenance systems
• Ship repair specialists from around the world
• Hydraulic analysis, coolant analysis, and other fluid analysis
• Wet/underwater welding
• Propeller polishing equipment
• Wireless handheld inventory monitors
• Marine monitoring and control platform
• Integrated platform management systems
• Load cells
• Mooring tension monitoring systems
• Hull stress monitoring equipment
• Tow load monitoring, mooring load monitoring, jetty management monitoring systems
• Mooring load monitoring and analysis equipment
• Marine equipment status monitoring and control systems
• Salinometers
• Marine monitoring and control hardware
• Marine monitoring and control software
• Fleet management systems
• Alarm monitoring equipment
• Power maintenance systems/electrical maintenance systems

Read more about the event here.

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