News Archive for LNG, Oil and Gas News, Shipbuilding News, Subsea News

State-of-the-art vessel Navigator Aurora to deliver ethane to Borealis in Stenungsund, Sweden

Navigator Aurora

 

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has signed a contract with Navigator Gas for the long-term time charter of the vessel Navigator Aurora. The naming ceremony took place at the Jiangnan Shipyard in Shanghai, China, on 3 May 2016. The vessel was christened by Irene Giner-Reichl, Austrian Ambassador to the People’s Republic of China.

New vessel will ensure long-term, reliable ethane supply to Borealis production facilities in Sweden

After its commissioning in the fourth quarter of 2016, the new vessel will be the world’s largest ethane carrier. The agreement plays a crucial role in ensuring the cost effective, safe and reliable transport of ethane to Borealis production facilities in Stenungsund, Sweden.

Borealis has entered into this long-term time charter agreement with Navigator Gas, owner of the Navigator Aurora and operator of the world’s largest fleet of handysize liquefied gas carriers. With a length of 180 m, the newly-built Navigator Aurora has a total cargo tank size of 35,000 cubic metres (cbm) and can hold ethane loads of up to 20,000 tonnes, making it the biggest ethane-capable vessel serving the global market.

Commercial operations are scheduled to begin in the fourth quarter of 2016. The vessel will sail between the Marcus Hook refinery in Pennsylvania, US, and Stenungsund. As a dual-fuel vessel, it can run on both diesel fuel and liquefied natural gas (LNG), meaning it can meet increasingly stringent environmental regulations and take advantage of the current low prices of natural gas.

“This state-of-the-art vessel is key to our efforts to secure a safe, cost-efficient and reliable supply of ethane for Borealis operations over the long term,” states Markku Korvenranta, Borealis Executive Vice President Base Chemicals. “We are pleased to have gained such an experienced partner with Navigator Gas. This project and the related investments underline our commitment to further strengthen our monomer position in Europe.”

In the meantime, the currently ongoing, multi-million investment in the cracker upgrade and the construction of an ethane storage tank in Borealis’ location in Stenungsund is proceeding according to plan. The commissioning of a new unloading and storage facility will begin in the fourth quarter of 2016.

Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With headquarters in Vienna, Austria, the company currently has around 6,500 employees and operates in over 120 countries. Borealis generated EUR 7.7 billion in sales revenue and a net profit of EUR 988 million in 2015. The International Petroleum Investment Company (IPIC) of Abu Dhabi owns 64% of the company, the remaining 36% belonging to OMV, an international, integrated oil and gas company based in Vienna. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).

Building on its proprietary Borstar® and Borlink™ technologies and more than 50 years of experience in polyolefins, Borealis and Borouge support key industries with a wide range of applications in the areas of energy, automotive, pipes, consumer products, healthcare, and advanced packaging.

The Borouge 3 plant expansion will make Borouge the world’s largest integrated polyolefins complex. Once fully ramped up in 2016, the additional 2.5 million tonnes of polyolefins capacity will yield a total Borouge capacity of 4.5 million tonnes, and a combined Borealis and Borouge capacity of 8 million tonnes.

Borealis offers a wide range of base chemicals, including melamine, phenol, acetone, ethylene, propylene, butadiene and pygas, servicing a wide range of industries. Borealis also creates real value for the agricultural industry, selling approximately 5 million tonnes of fertilizers. Technical nitrogen and melamine products complement the portfolio with applications ranging from mono-nitrogen oxide (NOx) abatement to glues and laminates in the wood working industry.

Borealis and Borouge aim to proactively benefit society by taking on real societal challenges and offering real solutions. Both companies are committed to the principles of Responsible Care®, an initiative to improve safety performance within the chemical industry, and work to solve the world’s water and sanitation challenges through product innovation and their Water for the World™ programme.

For more information, please visit : http://www.borealisgroup.com

Click here to view the Borealis profile

Marine hybrid propulsion – adoption of efficient fuel technologies by shipping companies to boost market growth at 8.02% CAGR by 2022

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Leading market analysis and intelligence company Transparency Market Research (TMR) has announced the release of a new market study report. The report studies the global marine hybrid propulsion systems market and presents forecasts for the development of the same through the forecast period from 2014 to 2022. The report collates historical data regarding the development of the marine hybrid propulsion systems market up to 2013 and bases future projections on reliable analysis of the same. The report is titled ‘Marine Hybrid Propulsion Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2022’ and is available on the company website for sale. According to the report, the global marine hybrid propulsion systems market was worth US$2.2 bn in 2013 and is expected to double in value at an 8.02% CAGR during the forecast period to be valued at US$4.4 bn by the end of it.

Marine hybrid propulsion systems consist of powertrains similar in principle to the ones used in hybrid cars. Unlike conventional marine propulsion systems, which use diesel or other fossil fuels for propulsion, hybrid propulsion systems are a combination of conventional and renewable propulsion systems. They can be made to run in either fossil-fuel-only configuration, renewable-only configuration, or a variable combination of the two, depending on the circumstances.

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The global marine hybrid propulsion systems market is rising primarily due to the environmental benefits provided by these systems. Due to the relatively low volume of conventional fossil fuels used in marine hybrid propulsion systems, harmful emissions are released at lower concentrations. The availability of a battery backup also helps a vessel prolong its operating time. The report examines the effect of these driving factors on the global marine hybrid propulsion systems market, as well as the roadblock presented by major restraints acting on the market.

On the basis of configuration of the propulsion system, TMR has segmented the global marine hybrid propulsion systems market into diesel-electric propulsion systems, serial hybrid propulsion systems, and parallel hybrid propulsion systems. Diesel-electric marine hybrid propulsion systems, which are the easiest to install owing to the widespread preinstalled base of diesel propulsion systems, dominated the global marine hybrid propulsion systems market in 2013. On the other hand, serial and parallel marine hybrid propulsion systems are expected to experience growth in demand at high rates in the forecast period.

Among the various end users of marine hybrid propulsion systems, ferries exhibit the dominant share in the total demand from the global market. Ferries, which usually operate in inland waterways in close proximity to civilian population, are subject to particularly stringent emission regulations and thus in need of fuel-efficient propulsion systems. Tugboats and other offshore support vehicles as well as luxury and other tourist boats and yachts have also increasingly started to utilize marine hybrid propulsion systems.

Defense vessels, the other major end user of marine propulsion systems, are also increasingly being fitted with hybrid powertrains, since a significant part of the activity of defense vessels consists of cruising at relatively low speeds, where electric propulsion becomes a drastically more efficient means than diesel engines.

The presence of strict emission regulations in emission control areas (ECA) such as the Eastern Seaboard of North America, the North Sea, and the Baltic Sea, has led to rapid development of the global marine hybrid propulsion systems market in recent years. The proposed expansion and initiation of new ECAs will further boost the marine hybrid propulsion systems market.

Accordingly, countries in and around ECAs, including the U.K., the Netherlands, the U.S., and Norway are among the leading regional segments of the global marine hybrid propulsion systems market. Europe and North America are expected to remain the leading regional markets for the marine hybrid propulsion systems market.

The global marine hybrid propulsion systems market is segmented as follows:

Marine Hybrid Propulsion Market: Configuration Analysis

  • Diesel-electric
  • Parallel
  • Serial

Marine Hybrid Propulsion Market: End-use Analysis

  • Tugboats and OSVs
  • Ferries
  • Defense Vessels
  • Others

Research Report:http://www.transparencymarketresearch.com/marine-hybrid-propulsion-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

RUD RFID Technology Inspection of Products Made Easy where Safety is Paramount

RFID chips embedded into all RUD products:

Inspection, Documentation & Management of goods made easy:

Inspection of lifting means is a requirement and often a time consuming process which can result in missing goods, errors and safety breaches if the goods are not documented correctly.

RUD Chains RFID technology has been specifically designed to track and identify applications quickly and effortlessly making inspections and documentation of products a quick and easy process, leaving dated time consuming, manual documentation behind.RUD supply all their lifting means with the RFID chips already embedded into their products.

The RFID technology enables you to track, identify, inspect and trace all your equipment. The components are embedded with a RFID chip and given a unique identification number which is then tracked through aRUD-ID-EASY-CHECK®reader. The reader captures the unique identification number and transfers it to theRUD-ID-NET® application on your PC so that you can easily manage your documentation and administration of your products.

RUD’s RFID technology means that chain slings and components can now be effortlessly and quickly identified without errors, and the Product Identification Number can be easily registered and managed. RFID continues to evolve as major technology advancement across industries where safety is paramount: such as offshore, construction, manufacturing, engineering and many more.

RUD will be exhibiting at Offshore Europe, DSEI & Engineering Design Show Visit us for more information, or visit: www.rud.co.uk

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TECDOS Omega Drive for Maritime Horizontal & Vertical Drive Applications:

TECDOS conveyor & drive solutions for maritime applications have been designed to meet the increasing demand for drive solutions based on round steel link chains across the offshore industry. RUD’s TECDOS components and modules offer solutions for a wide variety of maritime applications for moving, pulling, lifting, telescoping, pivoting and swiveling.

One of the latest developments is the TECDOS Omega drive, a tough drive used across a variety of offshore environments for horizontal and vertical drive applications. The drive is used to pull, push, pivot, swivel structures, beams or cranes.

TECDOS Omega drives are easy to install, tolerates misalignment and heat elongation and does not produce reaction forces. It is less prone to damage when used on ice, sand, heat or other challenging environments. The Omega drive has been used across the offshore industry for projects such as moving ship cranes, traversing a machine or tracking solar panels to the sun to name a few.

TECDOS drives are increasing popular across the offshore industry due to RUD’s highly wear resistant round steel chains that are used in the drives. They are extremely robust, offer three-dimensional mobility and provide a high resistance to corrosion due to the vigorous surface coating that is applied to the chain.

For the wind power and the offshore wind industry in particular, TECDOS chain solutions are used in applications such as wind blade production and wind blade installation. TECDOS has also been used for projects such as wind tower installations and maintenance.

RUD offer standard and bespoke solutions to meet even the most demanding project requirements.

For more information please call 01227 276 611 Email: Katie.crane@rud.co.uk or visit www.rud.co.uk

omega drive examples

 

 

Global anticorrosive coatings consumption 2016 industry report: Global QY Research

The recently published report titled Global Anticorrosive Coatings Consumption Industry 2016 Market Research Report is an in depth study providing complete analysis of the industry for the period 2016 – 2021. It provides complete overview of Global Anticorrosive Coatings Consumption market considering all the major industry trends, market dynamics and competitive scenario.

The Global Anticorrosive Coatings Consumption Industry Report 2016 is an in depth study analyzing the current state of the Global Anticorrosive Coatings Consumption market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Global Anticorrosive Coatings Consumption market provides analysis of China market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in China market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Global Anticorrosive Coatings Consumption market also discusses the opportunity areas for investors.

View Report at http://globalqyresearch.com/global-anticorrosive-coatings-consumption-2016

With153 tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Reasons to Buy this Report

The research report will enrich your decision-making capability by helping you to –
Design and improve your product development and sales strategies and enhancing your marketing activities
Develop business strategies by understanding the market dynamics and developments driving the Global Anticorrosive Coatings Consumption market
Develop market-entry strategies and effective ways to sustain competition
Create merger and acquisition opportunities by identifying the market players with the most innovative pipelines
Identify the regional market potential which would further help in designing regional market strategies
Understand the competitive scenario in the Global Anticorrosive Coatings Consumption market
Take more informed business decisions by relying on the insightful opinions from industry experts

Download Sample Copy of this Report at http://globalqyresearch.com/download-sample/45098

Table of Content

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Flourishing shipbuilding industry in Asia Pacific drives demand for marine coatings, global market to be worth US$11.8 billion by 2020

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The new shipbuilding industry has been experiencing sluggish growth of late. However, rising demand for marine coatings during ship repair and maintenance activities is likely to boost market growth during the forecast period. Marine coatings protect ships from harsh weather conditions and enhance their aesthetics. The marine industry comprises bulk tankers and carriers, cargo ships, cruise ships and container ships. Marine coatings are also considered vital in enhancing the fuel efficiency of a vessel and decreasing the impact on the environment.

Based on the types of products, the marine coatings market has been classified into anti-fouling, anti-corrosion, foul release coatings and self-cleaning coatings, among others. Anti-fouling coatings have been dominating the global marine coatings market over the last few years. These coatings are primarily consumed during ship repair and maintenance activities. Anti-fouling coatings offer protection to the surface from fouling organisms. Increase in ship repair and maintenance activities in various regions across the globe is projected to boost the demand for anti-fouling coatings during the forecast period. In terms of volume, the anti-corrosion coatings segment was ranked second in the maritime industry in 2013. Anti-corrosion coatings are majorly applied during new shipbuilding activities. These coatings offer protection to the surface from abrasion, corrosion and impact. Foul release coating is one of the popular marine coatings in the maritime industry. Foul release coatings are biocide-free and environmentally compatible. Demand for other marine coatings such as self-cleaning and self-polishing coatings is likely to be stable during the forecast period.

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High demand for marine coatings in Asia Pacific, especially due to the emergence of China as a major player in the shipbuilding industry, is driving the marine coatings market in the region. Need for fuel-saving and low emission coatings are factors driving the growth of the marine coatings market over the past few years. Growth in the shipbuilding industry in India, Vietnam and the Philippines is expected to provide large opportunities for players in the marine coatings market during the forecast period. However, volatility in prices of raw materials is projected to hamper market growth during the forecast period.

Coastal applications accounted for the largest demand for marine coatings in 2013. Marine coatings protect ships and vessels from corrosion and fouling organisms. Coastal applications require higher protection during the shipbuilding and repair and maintenance stages. Deep sea applications have been experiencing the second-highest demand for marine coatings over the past few years and accounted for over 24% of the market share in 2013. Containers and offshore vessels were among the major applications of marine coatings in 2013. Demand for marine coatings in containers and offshore vessels is rising due to increasing marine trading and logistics activities. Leisure boats is anticipated to be among the fastest growing segments for marine coatings during the forecast period. Other applications for marine coatings comprise icebreakers, cargo holds and riverboats.

Asia Pacific accounted for the highest demand of over 64% of the global marine coatings market in 2013. Demand for marine coatings in the region is high due to the vast shipbuilding industry in countries such as China, South Korea and Japan. In terms of demand, Asia Pacific was followed by Europe in 2013. Demand for marine coatings in Europe is growing due to increasing demand during ship repair and maintenance activities. North America is expected to experience sluggish demand for marine coatings during the forecast period. Rest of the World is likely to exhibit potential growth for marine coatings in the next few years. Growth in the maritime industry in Brazil, Saudi Arabia and South Africa has been a key factor for increasing demand for marine coatings in the region.

Companies such as Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, Chugoku Marine Paints Ltd. and Sherwin-Williams Company are the major manufacturers in the marine coatings market.

The global marine coatings market is segmented as follows:

Marine Coatings Market – Product Segment Analysis

  • Anti-fouling coatings
  • Anti-corrosion coatings
  • Foul release coatings
  • Others (Including self-cleaning coatings, etc.)

Marine Coatings Market – Application Analysis

  • Coastal
  • Containers
  • Deep sea
  • Leisure boats
  • Offshore vessels
  • Others (Including icebreakers, etc.)

Research Report:http://www.transparencymarketresearch.com/marine-coatings.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

Testing, inspection and certification (T.I.C.) market – opportunities and forecast 2015 to 2023

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Testing, inspection and certification (T.I.C.) companies provide services across industries such as automotives, aviations, maritime, oil and gas, petrochemicals, textile, electrical, agriculture, environmental, food, life sciences, pharmaceuticals, medicals, consumer goods and others. These services include quality and safety services, performance of products, shipments valuation, ensuring imports comply with domestic and international standards, industrial inspection, supplier evaluation and outsourcing of laboratories among others. These services render proper assurance to the customers or end-users the domestic and global standards and regulations to meet the product quality have been strictly followed by the manufacturing companies. Testing and inspection services facilitate the examination of any particular product that meets the specified standards for manufacturing. Certification services officially state that a product has been manufactured following the specified domestic and global standards. The standards are designed, developed and published by the various government organizations and non-government standardization institutions across the world.

The growth of testing, inspection and certification services have increased globally, owing to the increasing consumer awareness about the products in almost every sector. Additionally, the robust growth of the industry is also influenced by increasing globalization of international laws and standards, continued introduction of new standards owing to the development of technology and improved safety legislation and standards. Moreover, improved risk awareness and emphasis on risk prevention by customers is also influencing the growth of the market. Customers seek third party assurance in terms of product safety and risk prevention. One of the major restraints in the growth of the TIC market is the lack of internationally accepted standards and domestic government directives. The industry consolidation enabled by the synergizing strategy adopted by the key companies in this industry is expected to drive the market further during the forecast period.

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The testing, inspection and certification market can be segmented on basis of end use and geography. The segmentation on the basis of end use includes, aerospace, automotives, maritime, automation, electronics, life sciences and others. Geographically, the entire global testing, inspection and certification (TIC) Market has been classified into regions such as North America, Europe, Asia Pacific and the Rest of the world. North America and Europe are two major markets for the TICs globally owing to the growing awareness of safety in every sector. Asia Pacific region nations such as China, Japan, India, Malaysia and Australia among others are attracting huge market opportunities for the global TIC services owing to the rapidly developing industries such as automation, automotives, electronics healthcare, pharmaceuticals, aviation and medical devices among other emerging markets. Rest of the world region which includes, the Middle East, Africa and Latin America are also growing at a significant rate. The TIC market currently registering substantial growth in emerging economies such as India, China, South Korea, Brazil, UAE and Saudi Arabia among others and is expected to grow further owing to the regulatory proposals from various governments.

Some of the major market players in the TIC market worldwide are British Standards Institution Group, Bureau Veritas S.A., Compliance Engineering Pty Ltd., TUV SUD Group, DEKRA Certification Gmbh, Eurofins Scientific, Intertek Group PLC, SGA S.A., ASTM International, Dayton T. Brown Inc. and Exova Group Plc among others.

Research Report: http://www.transparencymarketresearch.com/testing-inspection-certification-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

Europe utility boats industry 2016: Market size 2016, forecast 2021 (production, supply, sales and demand): Global QY Research

The recently published report titledEurope Utility Boats Industry 2016 Market Research Report is an in depth study providing complete analysis of the industry for the period 2016 – 2021. It provides complete overview of Europe Utility Boats market considering all the major industry trends, market dynamics and competitive scenario.

The Europe Utility Boats Industry Report 2016 is an in depth study analyzing the current state of the Europe Utility Boats market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Europe Utility Boats market provides analysis of China market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in China market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Europe Utility Boats market also discusses the opportunity areas for investors.

View Report at http://globalqyresearch.com/europe-utility-boats-industry-2016

With 153 tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Reasons to Buy this Report

The research report will enrich your decision-making capability by helping you to –
Design and improve your product development and sales strategies and enhancing your marketing activities
Develop business strategies by understanding the market dynamics and developments driving the Europe Utility Boats market
Develop market-entry strategies and effective ways to sustain competition
Create merger and acquisition opportunities by identifying the market players with the most innovative pipelines
Identify the regional market potential which would further help in designing regional market strategies
Understand the competitive scenario in the Europe Utility Boats market
Take more informed business decisions by relying on the insightful opinions from industry experts

Download Sample Pages of this Report at http://globalqyresearch.com/download-sample/37675

Table of Contents
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Marex sponsors and presents at Nautical Institute AGM

Marex are Gold Sponsors at the forthcoming Nautical Institute AGM Event 2016 on 9 – 10 June 2016.

In addition, Varun Sarpangal, Senior Risk Consultant, Marex Marine and Risk Consultancy, is one of the event speakers. He shall be presenting at the 11.20 Session 2 on Day One.

Session 2: Offshore Marine Operations – competency and command Chairman: Roger Armstrong MNI, Marine Technical Authority, Premier Oil PLC Representatives from North England P&I Club, V Ships and Marex Marine give a perspective on command culture in the bridge environment, including situational awareness, competence and the Human Element.

Download the programme here

 

 

RUD Chains Offshore Lifting Applications

Heavy Duty Lifting Capabilities 0.6 to 200 Tonne

RUD manufactures a range of lifting and lashing applications that guarantee ultimate safety when lifting and moving heavy loads. Offering over 500 different tested and certified lifting/lashing points for bolting and welding. Their products have been increasing popular across the offshore industry, due to their heavy lift capabilities of 0.6 to 200 tonne.
The ICE-LBG-SR super rotation load ring is one of RUD’s latest innovations which possess an array of innovative designs. Firstly, the double SR ball bearing offers the ultimate solution for turning and flipping at high working load limits without affecting the mounting bolt stability. It enables the load to rotate 360° in all directions under load. The advanced ball bearing technology is arranged in a double way which transfers the forces of the WLL into a rotation movement without jerks which avoids unintentional slackening of the fastening bolt.
RUD ICE Chain is widely used across offshore, arctic offshore and extreme materials handling projects due to its extreme resistance to temperatures operating from -60°c to +300°c. The chain is coated with RUD’s ground-breaking pink powder coating which acts as an overheating indicator, which shows the temperatures in which the chain can be safely used. If the chain reaches temperatures of 300°c or above it will turn from a pink colour to brown, then black which shows that the chain is unsafe to use and must be taken out of service.
Established since 1994, RUD’s VIP grade 10 chains have worked across some of the toughest working environments. Although having the same chain diameter as grade 8 chain the VIP range offers up to 30% increase in the working load limit. The chain also offers a remarkable resistance to temperatures operating from -40°c to +200°c whilst offering 100% working load limit at this temperature.
Safety is imperative when working at heights and across potentially hazardous working environments. RUD manufacture and supply a range of fall protection anchorage points that provide an ultimate safety factor by permanently attaching to structures where frequent fall protection is required. They are commonly used across the offshore industry for projects such as wind tower installation and maintenance.
The WBPG 85-200 tonne hoist ring is popular across the offshore and heavy lift sectors due to its impressive heavy lift capabilities. The WBPG is loadable from any side in the direction of the pivot meaning it is suitable for a variety of heavy lift applications.
RUD are well known in the industry for their robust hoist chains which can be supplied to suit a variety of project sizes from 3 x 9 mm up to 32 x 90 mm. The advantages of RUD hoist chain is impressive, offering an extremely high resistance to wear due to its robust surface and depth hardness resulting in a long service life. The hoist chain conforms to EN818-7. type T for manual hoists and type DAT and DT case hardened chain for powered hoists. The chain is calibrated and precision made to be compatible with the drive wheels of manufacturer’s hoists.
As one of the world’s largest manufacturers of lifting and lashing applications combined with their extensive range of products and knowledge in the market, RUD are continually innovating and developing their extensive product range to stay at the forefront of their customers’ demands.

RUD Chains Ltd: for all your offshore lifting needs

 

For more information call 01227 276 611, Email: Katie.crane@rud.co.uk or visit us at www.rud.co.uk

Pipe laying vessel – global industry analysis forecast 2015 – 2023

The advancement in offshore oil exploration and production technologies calls for development of offshore support vessels market. Pipe laying vessel is one of the offshore support vessels used to support the offshore infrastructure. With increased offshore oil and gas exploration activities around the world the expansion of pipe laying vessel market is expected in the forecasted period.

Pipe laying vessels are constructed by placing pipes on the seafloor. Such vessels are meant to transport oil and gas from subsea well locations to production facilities and then further to onshore facilities. For different ocean depth scenarios the material of construction of pipeline vessels are different. This is because with increasing depths the water buoyant affects increase which affects the pipe lay process. For instance at shallow waters concrete is poured over the pipes for their correct positioning while in deep and ultra-deep waters, thickness of pipes is increased to withstand the amplified hydrostatic pressure and maintain their arrangement. There are three ways of subsea pipe installation namely tow-in, S-jay, and J-lay. Pipe lay vessel is integral to the success of the set up. Numerous types of pipe laying vessels include J-lay barges, S-lay barges, and reel barges.

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One of the key drivers of the pipe laying vessel market is the contribution of such technology in offshore oil and gas exploration operations. The increasing global population has resulted in widening of the power demand-supply gap. Hence, the nation’s world-wide are going for offshore explorations to be fuel sufficient and ensure their energy securities in the future. With newly discovered oil and gas exploration sites at ultra-deep waters, the development of pipe laying vessel market is seen as a necessity. The enhancement of the pipe laying vessel features and functionalities to achieve operational efficiency tend to drive up the upfront cost of such vessels. Hence, high cost of the pipe laying vessels may affect the growth of such market in the coming years.

A number of projects have been taken up by the governments of Africa and Brazil to ensure exploration and production of their offshore reserves. Hence, the pipe laying vessel market is expected to experience highest growth in such nations owing to availability of numerous offshore oil and gas well, especially deepwater blocks over there. In Asia Pacific, pipe laying vessel market is assumed to show positive growth in India. This is because the New Exploration and Licensing Policy regime of India has resulted in a significant increase in its exploration and production activities. Europe is slowly recovering from its ongoing economic recession. Although it has undertaken several exploration activities, it may be cautious of its investment in such costly pipe lay vessels. Thus, such market growth in Europe is likely to be measured. The pipe laying vessel market growth in North America is also estimated to be sluggish due to the declining oil prices. The minimized exploration and production operation in Mexico resulting in low returns is assumed to intervene in such market improvement in the forecasted period.

The pipe laying vessel market segmentation is on the basis of end product type. There are mainly three types of pipe laying vessels namely J-lay barges, S-lay barges, and reel barges. The J-lay barges are suitable for ultra deep waters of depth between 500 to 4500 meters depending upon the diameters of the pipes. The S-lay barges are preferred in both shallow and deep water scenarios depending upon their pipe diameters. Reel barges have horizontal or vertical reel which the pipe is wrapped around. Such technology is used to reduce offshore pipeline installation duration.

Some of the key players in pipe laying vessel market are Royal IHC, Upetrom Group, Sapiem s.p.A, Van Oord among others.

Full Research Report: http://www.transparencymarketresearch.com/pipe-laying-vessel-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

Marine lubricants market to reach 2,902.3 kilotons by 2022 due to development and growth of shipping industry: TMR

Marine lubricants are produced from crude oil using chemicals or vegetable oils. Marine lubricants are used to reduce the friction created among operating components so as to increase their output efficiency. Thus, marine lubricants also help different components to perform their operation smoothly. The rising volume of the shipping industry across the globe is anticipated to bolster the demand from the marine lubricants market in the near future.

In 2013, the total demand for marine lubricants was 2,321.1 kilo ton, which is anticipated to be 2,902.3 kilo ton by the end of 2020, growing at a progressive 2.52% CAGR between 2014 and 2020. In terms of revenue, the global marine lubricants market is expected to exhibit a healthy CAGR of 3.63% between 2014 and 2020.

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Decreased production of group I base oil to curb growth of marine lubricants market

Extensive expansion of the shipping industry, rising demand for synthetic and bio-based marine lubricants, technological advancements that have increased the shelf life of mechanical components, and environmental regulations are some of the driving factors expected to fuel the demand for marine lubricants in the near future. However, reduction in group I base oil production is expected to hamper the growth of the marine lubricants market across the globe.

The rising occurrences of oil spillage have severely affected aquatic life in several regions. To prevent such incidents in ecologically important water bodies and ensure the safety of marine biodiversity, there is a tremendous interest in bio-based and synthetic marine lubricants.

Bio-based marine lubricants to surpass mineral oil lubricants in the near future

On the basis of products, the global marine lubricants market has been segmented into bio-based marine lubricants, synthetic marine lubricants, and mineral oil marine lubricants. In 2013, mineral oil marine lubricants led the product segmentation, holding the largest share of 87.19% of the global market in terms of volume. However, the rising environmental concern among end users is anticipated to boost the demand for bio-based marine lubricants in the near future. Bio-based lubricants are biodegradable, non-bio accumulative, and nontoxic. As a result, bio-based marine lubricants are being increasingly preferred over other marine lubricants.

Marine lubricants are segmented on the basis of application into grease, hydraulic oils, turbine oils, heat transfer fluids, engine oils, compressor oils, and gear oils. Engine oils held the largest share of the global marine lubricants market in 2013, accounting for 46.42% of the market. Engine oils are followed by grease and hydraulic oils, which are anticipated to grow at a 2.09% and 2.10% CAGR, respectively, between 2014 and 2022.

Asia Pacific to Exhibit 4.13% CAGR from 2014 to 2022

The global marine lubricants market has been geographically segmented into Asia Pacific, North America, Europe, and Rest of the World. Till 2011, Europe was the leader in the global marine lubricants market; however, in 2013, Asia Pacific assumed the mantle of the leader in the global market, holding 41% of the total market in terms of volume. The rising share of Asia Pacific is attributed to the growing preference of market players in the shipping industry for operations in Asia Pacific. The Asia Pacific marine lubricant market revenues are anticipated to exhibit a progressive 4.13% CAGR between 2014 and 2022.

Prominent Market Players in the Global Marine Lubricants Market

Some of the prominent companies operating in the global marine lubricants market are Castrol, Royal Dutch Shell Plc, Exxonmobil Corporation, Lubmarine (Total Group), Sinopec Corporation, Gulf Marine and Industrial Supplies, IKO Marine Lubricant Supply, Chevron, BP Marine, JX Nippon Oil & Energy Corporation, Idemitsu Kosan, Lukoil Marine Lubricants, and Quepet Lubricants. The flourishing shipping industry is providing opportunities for the market players and attracting new entrants to expand their business in the near future.

Research Report:http://www.transparencymarketresearch.com/marine-lubricants-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Double hulling of ships market – increasing governmental regulations of maritime transportation is the main driving factor

In the past, crude oil and oil products in cargo tankers were separated from seawater only by a bottom and a side plate that is known as single hulling of ships. This design of ships was not safe for transporting black gold and led shipping and oil & gas industry to disastrous incidents. An effective way to avoid the risk of spilling is to enfold the oil tankers with a second internal plate which is at nearly 1.5 – 2 meters distance from the outer plate. Due to Exxon Valdez disaster in the U.S., oil pollution act of 1990 was passed to reduce the oil spill accidents and reduce the impact of potential future spills. According to this act, the tankers operating in the U.S. water must follow the double hulling in vessel construction design and all single hulling, double sides and double bottom hulling designed ships should be discarded. After the Erika oil spill off, the coast of France, international convention for prevention of pollution from maritime transportation, the International Maritime Organization (IMO) also followed the same double hulled ship design. Double hulling of ships is regarded as the solutions for the problems of transportation of oil without pollution and potential accidents at sea. Double hulled vessels provide more safety than single hulled vessels at sea, provided maintained and operated adequately.

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Double hulling of ships market can be segmented on the basis of types of the tankers carrying crude oil and refined product. These tankers range from coastal tankers to mammoth tankers as ultra large crude carrier (ULCC), very large crude carriers (VLCC), long range crude vessels, Afra-max and Pana-max crude and product vessel. ULCC ranges from 320 – 550 thousands dead-weight (DWT), VLCC ranges from 160 – 320 thousands DWT, and others ranges from less than 160 thousands DWT. Single hulled ships can be converted into double hulled ships with some change in design. This is a complex process, however due to increasing governmental and maritime regulations many shipping companies have adopted this conversion.

Double hulling of ships was accepted by all the continents after some major oil spill incidents occurred that took many life and huge investment in corrective measures. The U.S. is one of the major exporters of crude products to many countries in Europe and Asia Pacific. This import-export of crude oil and refined product is only possible by tankers to countries in Asia Pacific region as pipeline transportation is not feasible and this is the longest route globally. Therefore, ships with appropriate construction designs are required for the safe and pollution free transportation. China and Japan are the largest manufacturer of the ships with double hulling design globally.

Increasing governmental regulations of maritime transportation is the main driving factor for double hulling of ships market. The need of improvements in ship designs for safer transportation of high value products at sea can augment the growth of this market in the forecast period. Increasing pipeline network can pose as a restraint for this market for shorter routes such as transportation from Middle East to India, the U.S. to European countries and others. However, there is no other substitute for ships in longer routes, therefore double hulling of ships market is expected to grow in future with the modest rate.

Some of the major players in double hulling of ships market are Mitsubishi Heavy Industries Ltd., Samsung Heavy Industries Co., Ltd., Hyundai Heavy Industries Co., Ltd., Imabari Shipbuilding Co., Ltd and Shanghai Waigaoqiao International Trade Co., Ltd.

Research Report:http://www.transparencymarketresearch.com/double-hulling-ships-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Transparency Market Research

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Well stimulation vessels market – global industry analysis and forecast 2015 – 2023

Well stimulation vessels are designed for effectiveness and endurance in oil & gas exploration and production globally. These stimulation vessels are considered to be of huge capacity that includes latest stimulation and marine technologies, allowing stimulation vessels to face severe environments. Well stimulation vessels provide reliability to lower nonproductive time, rig time, and risk while enhancing profits and production. Well stimulation vessels can provide a broad range of services in deep water such as acid fracturing, matrix acidizing, sand control, prop pant fracturing, and scale control. Developments in measurement and real time monitoring systems are expected to dominate the advancements and new fabricated vessels in the well stimulation vessels market. Advancements of well stimulation vessels are led by the international governing bodies for better environmental standards. Well stimulation vessels play an important role in improving the flow of hydrocarbons from drainage areas into the wellbore.

Well stimulation vessels are primarily used for transporting and handling chemicals and liquid cargo for use in well stimulation operations. Well stimulation vessels market can be segmented based on application. Well stimulation vessels are mainly utilized in deep water and ultra-deep water operations. New generation well stimulation vessels are the largest, safest and multipurpose stimulation vessels ever made. These stimulation vessels enable longer deployments and greater storage capacity with less environmental impact. Well stimulation vessels are heavily equipped with blender equipment, stimulation pump rooms and acid storages. Deepwater well stimulation vessel develops efficiency in well stimulation operation by performing multiple well completions on a single trip. Deep water well stimulation vessel integrates a data acquisition in-house software technology to process, acquire, display and record, data in real time. Efficient design of the well stimulation vessel can deliver well stimulation treatments at high volume and high rate.

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Gulf of Mexico has evolved as one of the largest regions in well stimulation vessels market followed by South America. Huge demand for well stimulation vessels was concentrated in Gulf of Mexico that is expected to contain a huge share of the total world fleet. Well stimulation vessels market is expected to remain deployed in the emerging regions such as North Sea, the Middle East, and West Africa. South America, West Africa and North Atlantic regions are likely to have huge future growth potential in well stimulation vessels market.

Rising oil & gas demand, coupled with steady growth in capital expenditure on well stimulation vessels, followed by brisk and constant transmission ability are likely to drive well stimulation vessels market over the coming years. Remote oil & gas operations has resulted in added distance for vessel maintenance, re-supply and increased travel time between platforms and rigs. Optimization of materials and onboard systems are some of the key factors to maintain the competitiveness and efficiencies in well stimulation vessels market. Rapid development in infrastructure in the economies such as Gulf of Mexico and West Africa has led to the surge in demand for well stimulation vessels. Increase in transport capacity and logistics has positively contributed towards the growth of well stimulation vessels market.

Some of the major players in well stimulation vessels market are Island Offshore, Damen Shipyards Group, DeepSTIM Stimulation Vessels, Halliburton Company and Dixon Marine Consulting Ltd. among others.

Research Report:http://www.transparencymarketresearch.com/well-stimulation-vessels-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contacts

Transparency Market Research

Mr. Sudip S, +1-518-618-1030

USA-Canada Toll Free: 866-552-3453

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L-3 MAPPS to contribute to Darlington refurbishment project

L-3 MAPPS announced today that it has signed a contract with Ontario Power Generation (OPG) to provide replacement trip computers for the second shutdown system (SDS2) and display/test computers for both the first shutdown system (SDS1) and SDS2 on the four generating units at the Darlington Nuclear Generating Station. The design phase is underway and the final production computer equipment for the four generating units is expected to be delivered by the second quarter of 2019.

“We have always capitalized on common technology solutions for our Marine Systems and Power Systems lines of business,” said Rangesh Kasturi, president of L-3 MAPPS. “The new project with OPG is an excellent opportunity that allows us to extend the technology and know-how that we use in our naval integrated platform management systems and CANDU* plant control computers and apply them to an adjacent plant process at Darlington.”

“For more than four decades, we have worked with OPG to develop advanced custom-engineered solutions for all of its nuclear generating stations,” added Michael Chatlani, vice president of marketing & sales for L-3 MAPPS Power Systems and Simulation. “We are grateful to OPG for the confidence they have placed in us to deliver key control and simulation products that have positively contributed to the strong performance of its plants.”

In support of the Darlington refurbishment program and OPG’s overall effort to design and develop a replacement for SDS2, L-3 MAPPS will carry out the hardware design, integration and testing of prototype systems, including qualification testing, followed by the delivery of production units for the SDS2 trip computers and the SDS1 and SDS2 display/test computers.

Ontario Power Generation produces about half of Ontario’s electricity in a reliable, safe and environmentally sustainable manner. OPG phased out coal generation in 2014 – the single largest climate change initiative in North America. OPG relies on hydro and nuclear power, energy sources that are 99.7 percent free of greenhouse gas and smog-causing emissions. OPG’s Darlington Nuclear Generating Station, located in the Municipality of Clarington in Durham Region, 70 kilometers east of Toronto, is a four-unit station with a net output of 3,512 megawatts that began operating in the early 1990s. The refurbishment of Darlington to extend the operational life of the station has been in planning for more than six years and will be one of the largest infrastructure projects in Canada. Outage execution on the first unit will start in October 2016.

L-3 MAPPS has over 30 years of experience in pioneering technological advances in the marine automation field and over 40 years of experience in delivering high-fidelity power plant simulation to leading utilities worldwide. In addition, the company has more than four decades of expertise in supplying plant computer systems for Canadian heavy water reactors. L-3 MAPPS also provides targeted controls and simulation solutions to the space sector. To learn more about L-3 MAPPS, please visit the company’s website at www.L-3com.com/MAPPS.

 

Darlington_Nuclear_Generating_Station

NEW ICE-LBG-SR Load Ring Offers ultimate safety lifting at high working loads

RUD are known for their innovative lifting points which are used across a wide range of industries from construction, manufacturing, materials handling to engineering and offshore. Product development and innovation is imperative at RUD which can be seen in one of their latest innovations, the new ICE-LBG-SR load ring.

The ICE-LBG SR Super Rotation Load Ring offers the ultimate solution for lifting, turning & flipping at high working loads. It rotates 360° in all directions under load with an innovative ball bearing technology which offers a smooth rotation. It is used across a variety of sectors such as: offshore, heavy duty lifting, engineering, construction & handling projects to name a few.

The innovative double ball bearing technology means that lifting, turning or rotating under full loads, vertically or horizontally can now be done safely without any chance of the bolt opening mid lift. The ICE-LBG SR therefore offers an ultimate safety factor to the user and the equipment.

The demand for safety lifting and turning at high working load limits resulted in the creation of the completely new bolt, the RUD “ICE bolt”. RUD developed the revolutionary patented fine grain steel bolt which offers an impressive impact strength of 56 Joule at temperatures as low of -60°C.

The RUD ICE-LBG-SR load ring, with its ground breaking double ball bearing technology and robust ICE bolt has solved a real problem in the industry. It has provided an ultimate safety factor when lifting, turning, rotating and tilting under full loads. The bolt will securely stay firmly fastened under full loads, vertically or horizontally.

Ensure the highest safety factor for your goods and your operators with the RUD ICE-LBG-SR load ring.

For more information please visit: www.rud.co.uk/

 

ICE LBG2

Intergraph® Process, Power & Marine Announces that Saipem enters Into a strategic agreement to standardize on Intergraph SmartPlant® Technology

Intergraph®Process, Power & Marine announces that Saipem, a world leader in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market, has chosen to enter a new strategic agreement to consolidate standardization on Intergraph SmartPlant® Enterprise engineering solutions. This new agreement confirms the addition of Intergraph Smart 3D to Saipem’s portfolio for more efficient, next-generation 3D design.

Gerhard Sallinger, Intergraph Process, Power & Marine president, said, “We are proud to see that Saipem continues to trust in our ability to provide our customers with next-generation solutions that enable them to succeed in their projects.”

Intergraph Smart 3D is breakthrough engineering technology that is knowledge-based and rule-driven, streamlining marine asset design processes and improving delivery schedules, with increased detail and manufacturing design productivity of up to 30 percent. It is endorsed and used by leading offshore and marine companies globally, including the most productive shipyard, the top offshore owner operator, the top fabrication yard and the top classification society in the world. Smart 3D provides companies with the capabilities they need to gain and maintain an edge in a highly competitive industry.

For more information about Intergraph Smart 3D, visit ppm.intergraph.com/products/3d-product-family/intergraph-smart-3d.

Intergraph Technical User Forum (TUF) LinkedIn groups provide an online discussion forum for year-round networking between users. To learn more about Intergraph Smart 3D and network with other Intergraph users, visit ppm.intergraph.com/technical-user-forums.

Non Slip Tape for Forklifts

Forklifts are one of the most important tools for the working day in many workplaces, as they are designed specifically to move heavy loads allowing space to be utilised more effectively and safely.

While forklifts are an invaluable commodity, like many things, they are not immune to mishaps. Many forks on forklifts are bare metal, meaning that the grip is possibly not at the required level. Pallets are usually made from wood, or plastic, and rely on the load upon them to help create traction, ensuring grip. Plastic pallets have a low energy surface, and if you combine this with metal forks, and the potential contaminants found in workplaces, like water and oil or grease, increases the risk of a slip.

One of Heskins customers recently got in touch with them, showing their method of increasing grip, by applying Heskins anti slip tape on to the forks of their forklifts!

By doing this, a massive increase of grip is achieved on pallets, which reduces the possibility of pallets slipping.

The application in itself is as simple as applying any of Heskins other anti slip products. By cleaning the application surface, once dry, simply peel back the backing plastic, and stick down. You can either cut to size before application, or trim to fit once application has been completed.

Heskins offer a wide range of anti slip products in various sizes, colours and finishes, many of which are perfect for slip protection on forklifts. These anti slip tapes can also be applied to footplates, steps and footwells too for maximum anti slip efficiency! Anti slip tape can be delivered cut to size, or in roll format, with custom options available dependent on order quantity.

For more information visit: http://www.heskins.com/ please contact Heskins by phone on +44 (0) 1254 832266, or email via  mail@heskins.com.

non-slip-tape-on-forklifts

Heskins Introduce Marine Anti Slip Tape

Heskins are proud to announce their new marine specific anti slip tape. Like Heskins Safety Grip™, it is an abrasive anti slip material, but the comparisons end there, as this is an abrasive material that is comfortable to walk on with bare feet.

Where Heskins Safety Grip™ uses aluminium oxide, a very sharp material, marine anti slip tape uses S2, a derivative of sand, that are more like round, glass beads. Not only is this more comfortable to bare skin, but it provides exceptional slip resistance in the most demanding of conditions also.

This feature makes marine anti slip tape suitable for all water-fairing vessels, from pleasure crafts to commercial ships.

Heskins H3460 marine anti slip tapemarine-anti-slip-tape-blue

is also the first product in the Heskins range to be 100% salt resistant, ensuring it provides exceptional slip prevention for a long time. A beneficial feature for a product intended for vessels that spend huge amount of time on the open seas.

Heskins currently stock marine anti slip tape in black, blue and grey, available in pre-cut rolls or die cuts.

Dependent on order quantity, Heskins will be happy to discuss a custom solution should you require it, as the post-production facilities available allow for a cost effective solution that minimises waste.

For more information, or to order, please contact the Heskins sales team.

Unique Group acquires Aberdeen marine survey equipment firm GSE Rentals

(left to right) Andy Doggett, director of Unique Group’s survey equipment division; Stan Moroney, former owner of GSE Rentals; and Ray Hughes, managing director of Unique System UK Limited.

Unique Group has acquired GSE Rentals (Geophysical Survey Equipment) a rental specialist of high quality Geophysical, Hydrographic and Oceanographic marine survey equipment.

GSE Rentals is now wholly owned by Unique Group and the company’s workforce will be retained. Former owner, Stan Moroney, will continue as business advisor and consultant to Unique Group.

Unique Group has more than 20 years of survey rental experience globally. By acquiring GSE Rentals, it can strengthen its presence in non oil and gas markets, with a focus on offshore renewable energy projects, submarine cables, dredging, ports and harbours and civil projects.

Andy Doggett, director of Unique Group’s survey equipment division said: “GSE Rentals is a well respected company that offers a high level of technical support and knowledge to its global customers.

“The advantage to GSE Rentals’ customers is that it will now be able to provide enhanced global support through Unique Group’s bases in the Middle East, South Africa, India, the Netherlands, Singapore and the USA.

“We are well aware of the high-quality service provided by GSE Rentals and by committing additional capital to increase its fleet, we will enhance its place as the preferred marine survey rental company in Europe.”

Stan Moroney, the now former owner, of GSE Rentals said: “Becoming part of Unique Group will allow us to invest further in our rental pool and ensure that we have all the skills and equipment to meet our clients’ needs now and in the future. For the past 25 years we have been supplying the latest technology, supported by our dedicated staff and we will continue to supply the same high level of expertise and support to our clients”.

Harry Gandhi, founder of Unique Group said: “We offer the very best in the offshore and subsea sectors and the addition of GSE Rentals to our team is great news for our existing and potential customers.

“Our acquisition Of GSE Rentals will help us consolidate and expand into key markets that complement our existing offering, from Aberdeen to Singapore.”

Unique Group recently acquired Oceanwide Safety at Sea, the market leader in the design, construction and maintenance of self-propelled hyperbaric lifeboats. Oceanwide’s Rotterdam office has increased Unique Group’s access to new clients across the Antwerp, Hamburg and Bremen seaports.

GSE Rentals will continue to operate from its facility in Aberdeen, a short distance from Unique Group’s UK headquarters in Dyce.

Contact:

For more information, please call +9716 513 0333
or email at marketing@uniquegroup.com
www.uniquegroup.com

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