The keel of the offshore patrol vessel being built for the Finnish Border Guard was laid, on Monday 25 February 2013, at STX Finland Oy’s Rauma Shipyard. The event was witnessed by representatives of STX Finland, Finnish Border Guard, classification society and media. Scheduled for delivery in November 2013, the 96 metres long and 17 [...]
The Government of Finland and Greece became the 33rd and 34th International Labour Office ILO member State to ratify the Maritime Labour Convention, 2006 (MLC, 2006). The landmark Convention sets out decent working and living conditions for seafarers as well as fair competition for ship-owners. The MLC, 2006 will enter into force on August 20, [...]
Wärtsilä Corporation and Nordic Investment Bank have signed a loan agreement totalling EUR 50 million for research and development financing. The contract for this 10-year loan was signed in Helsinki, Finland on 13 February 2013. This R&D loan supports Wärtsilä’s long-term strategy of strengthening its technology leadership position in the global marine and energy markets. [...]
Foreship BlueTech Ltd. is a company founded by Foreship Ltd. and key employees of BlueTech, Foreship Ltd. being the largest shareholder. BlueTech specializes in efficient and eco-friendly cargo ship standard designs, while all other business areas remain at Foreship Ltd. Mr. Petri Hakulinen, former SVP of Business Development at Foreship Ltd. will head the new [...]
February 4, 2013 | Posted in
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Cargotec’s Board of Directors has in its meeting on 27 January, 2013 appointed Mr. Mika Vehviläinen (M.Sc. (Econ.), b. 1961, as Cargotec’s new President and CEO. Vehviläinen will start at Cargotec on 1 March 2013. Tapio Hakakari, Cargotec’s Vice Chairman of the Board, will continue as the interim President and CEO until 28 February 2013. [...]
Mr Marco Wirén (47), M.Sc. (Econ.), has been appointed Chief Financial Officer, Executive Vice President and member of the Board of Management of Wartsila Corporation, effective 1 August 2013. Mr Wirén has broad-ranging experience of financial management and international business management. He currently works as Executive Vice President and CFO in the Swedish steel manufacturer [...]
The European Commission has found amendments to an existing Finnish scheme supporting investment in cleaner ships to be in line with EU state aid rules. In particular, the amendments aim at giving ship-owners incentives to use less polluting fuel, ahead of the entry into force of EU standards to that effect. Joaquín Almunia, Commission Vice [...]
SAL Heavy Lift Finland Oy gained the AEO (Authorized Economic Operator) certificate on Dec 19, 2012 as the first subsidiary of a heavy lift cargo carrier. The AEO certificate issued by the European Commission is valid from Jan 8, 2013. European Member States can grant the AEO status to any economic operator meeting the following [...]
Finland-headquartered DP manufacturer Navis Engineering has delivered its dynamic positioning system for the innovative cruise ferry Viking Grace. The 214-m long Viking Grace, delivered to her owner Viking Lines by the Turku-located STX Europe shipyard on January 10, 2013, is said to be one of the most environmentally-friendly ships built. It is the first large [...]
January 16, 2013 | Posted in
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Arctic offshore vessel NB-506 Vitus Bering was delivered at Helsinki Shipyard on Friday 21.12.2012 to the client Sovcomflot, the largest shipping corporation in Russia. The vessel will supply the Arkutun-Dagi oil and gas field in Sakhalin area, in Far East Russia. Vitus Bering is the first vessel of the series, the sister vessel NB-507 will [...]
December 21, 2012 | Posted in
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