Daewoo Shipbuilding And Marine Engineering
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Daewoo Shipbuilding And Marine Engineering
Hanwha Ocean Co., Ltd. (), formerly known as Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME; ), is one of the "Big Three" shipbuilders of South Korea, along with Hyundai and Samsung. History On 21 February 2011, the A. P. Moller-Maersk Group (Maersk) ordered 10 large container ships from DSME, each with a capacity of 18,000 containers, surpassing the then record holder; the Mærsk E-class at 15,200 containers. The contract is worth $1.9bn. The first was to be delivered in 2014. In June 2011, Maersk ordered ten more, for another $1.9bn. The new class is called the Triple E class. On December 20, 2011, Daewoo Shipbuilding Marine Engineering won the largest single defense contract by a Korean firm; valued at $1.07 billion to build three Indonesian submarines. It also would mark the first exports of submarines from South Korea. On 22 February 2012, a £452 million order was placed with DSME for four 37,000 tonne double hulled 'MARS' fast fleet tankers by Britain's M ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Container Ship
A container ship (also called boxship or spelled containership) is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal freight transport and now carry most seagoing non-bulk cargo. Container ship capacity is measured in twenty-foot equivalent units (TEU). Typical loads are a mix of 20-foot (1-TEU) and 40-foot (2-TEU) ISO-standard containers, with the latter predominant. Today, about 90% of non-bulk cargo worldwide is transported by container ships, and the largest modern container ships can carry up to 24,000 TEU (e.g., '' Ever Ace''). Container ships now rival crude oil tankers and bulk carriers as the largest commercial seaborne vessels. History There are two main types of dry cargo: bulk cargo and break bulk cargo. Bulk cargoes, like grain or coal, are transported unpackaged in the hull of the ship, generally in large volume. Break-bulk car ...
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Type 214 Submarine
The Type 214 is a diesel-electric submarine developed by Howaldtswerke-Deutsche Werft GmbH (HDW). It features diesel propulsion with an air-independent propulsion (AIP) system using Siemens polymer electrolyte membrane (PEM) hydrogen fuel cells. The class is exclusively designed for export market. The submarine class combines the design principles of the Type 209 family and the features of the Type 212A submarines. However, as an export design, it lacks some of the classified technologies of the smaller Type 212, the most important of which is probably the non-magnetic steel hull, which makes the Type 212 submarine difficult to detect using a magnetic anomaly detector. Due to improvements in the pressure hull materials, the Type 214 can dive nearly . It can also carry food, fresh water and fuel for 84 days of operation. A contract to build four boats for the Hellenic Navy was signed 15 February 2000 and a fourth unit was ordered in June 2002. The first boat was built at HD ...
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Korea Development Bank
Korea Development Bank (KDB Bank, SWIFT: KODBKRSE) is a wholly state-owned policy development bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development of Korea. As a 61st biggest global bank (The Banker Top 1000 World Bank List in 2018), KDB Bank has not only fostered the growth of strategic industries but also facilitates the turnaround of troubled companies through restructuring and provides capital for strategic development projects. Since 2000, it has diversified into investment banking services and operates as a CIB (Commercial and Investment Bank). Nevertheless, it is a major restructuring player and has saved a lot of big companies during major financial crisis, especially in 1997 Asian financial crisis and Financial crisis of 2007–2008. Offices (as of December 2018) Domestic Branch : 69 locations in South Korea International Subsidiary (5) : China (Hon ...
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Aker Arctic
Aker Arctic Technology Oy (often shortened to Aker Arctic) is a Finnish engineering company that operates an ice model test basin in Helsinki. In addition to ship model testing, the company offers various design, engineering and consulting services related to icebreakers, other icegoing vessels and arctic offshore projects as well as full scale trials, field expeditions and training for icy conditions. Formerly the arctic research centre of Wärtsilä and later Masa-Yards, Aker Arctic was established on 30 December 2004 as an independent company with Finnish Industry Investment Ltd, ABB and Aker Solutions as its current shareholders. Aker Arctic and its predecessors have designed more than half of the world's icebreakers.Company
. Aker Arctic.
In addition, the company is responsible for a number of recent inventions in the design of icegoin ...
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Liquefied Natural Gas
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state (at standard conditions for temperature and pressure). LNG is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia. The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately ; maximum transport pressure is set at around (gauge pressure), which is about one-fourth times atmospheric pressure at sea level. The gas extracted from underground hydrocarbon deposits contains a varying mix of hy ...
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Yamal LNG
Yamal LNG (russian: ОАО "Ямал СПГ") is a joint venture based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, northwest Siberia, Russia. In addition to the LNG plant, the project includes production at the Yuzhno-Tambeyskoye gas field, and the transport infrastructure, including the Sabetta seaport and airport. History Yamal LNG project was proposed when the company with the same name and controlled by Gennady Timchenko and Pyotr Kolbin got a license for the Yuzhno-Tambeyskoye gas field in 2005. Novatek took control of Yamal LNG in 2009. Another project named Yamal LNG was proposed by Gazprom. In November 2008, Gazprom announced that it prepared a list of potential partners for the LNG plant of the Yamal project. Although the list was not disclosed, Gazprom indicated that ExxonMobil and ConocoPhillips were included on the list. Also Royal Dutch Shell, Repsol YPF and Petro-Canada were mentioned as potential partners. ...
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Royal Fleet Auxiliary
The Royal Fleet Auxiliary (RFA) is a naval auxiliary fleet owned by the UK's Ministry of Defence. It provides logistical and operational support to the Royal Navy and Royal Marines. The RFA ensures the Royal Navy is supplied and supported by providing fuel and stores through replenishment at sea, transporting Royal Marines and British Army personnel, providing medical care and transporting equipment and essentials around the world. In addition the RFA acts independently providing humanitarian aid, counter piracy and counter narcotic patrols together with assisting the Royal Navy in preventing conflict and securing international trade. They are a uniformed civilian branch of the Royal Navy staffed by British merchant sailors. RFA personnel are civilian employees of the Ministry of Defence and members of the Royal Naval Reserve and Sponsored Reserves. Although RFA personnel wear Merchant Navy rank insignia with naval uniforms, they are part of the Royal Navy. RFA vessels are ...
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Ministry Of Defence (United Kingdom)
The Ministry of Defence (MOD or MoD) is the department responsible for implementing the defence policy set by His Majesty's Government, and is the headquarters of the British Armed Forces. The MOD states that its principal objectives are to defend the United Kingdom of Great Britain and Northern Ireland and its interests and to strengthen international peace and stability. The MOD also manages day-to-day running of the armed forces, contingency planning and defence procurement. The expenditure, administration and policy of the MOD are scrutinised by the Defence Select Committee, except for Defence Intelligence which instead falls under the Intelligence and Security Committee of Parliament. History During the 1920s and 1930s, British civil servants and politicians, looking back at the performance of the state during the First World War, concluded that there was a need for greater co-ordination between the three services that made up the armed forces of the United Kingdom: t ...
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Oiler (ship)
A replenishment oiler or replenishment tanker is a naval auxiliary ship with fuel tanks and dry cargo holds which can supply both fuel and dry stores during underway replenishment (UNREP) at sea. Many countries have used replenishment oilers. The United States Navy's hull classification symbol for this type of ship was AOR. Replenishment oilers are slower and carry fewer dry stores than the U.S. Navy's modern fast combat support ships, which carry the classification AOE. History The development of the "oiler" paralleled the change from coal- to oil-fired boilers in warships. Prior to the adoption of oil fired machinery, navies could extend the range of their ships either by maintaining coaling stations or for warships to raft together with colliers and for coal to be manhandled aboard. Though arguments related to fuel security were made against such a change, the ease with which liquid fuel could be transferred led in part to its adoption by navies worldwide. One of the first ...
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MARS Tanker
The Tide-class tanker (formerly the Military Afloat Reach and Sustainability (MARS) project) is a class of four fast fleet tankers that entered service with the British Royal Fleet Auxiliary from 2017. The 37,000 t ships provide fuel, food, fresh water, ammunition and other supplies to Royal Navy vessels around the world. Norway ordered a similar 26,000 t version with a 48-bed hospital and greater solid stores capacity, but reduced liquid capacity; it was delivered in November 2018 as HNoMS ''Maud'' two years after originally planned. The two classes are very similar, but are not directly comparable due to large variance in capabilities delivered. The two variants are both based on the AEGIR design from Britain's BMT Defence Services but were built by Daewoo in South Korea with final outfitting in the UK and Norway respectively. Britain ordered four ships in February 2012 at a cost of £452m for the building of the hulls, but in the end became £550m. The Norwegian Navy order ...
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Double Hull
A double hull is a ship hull design and construction method where the bottom and sides of the ship have two complete layers of watertight hull surface: one outer layer forming the normal hull of the ship, and a second inner hull which is some distance inboard, typically by a few feet, which forms a redundant barrier to seawater in case the outer hull is damaged and leaks. The space between the two hulls is sometimes used for storage of ballast water. Double hulls are a more extensive safety measure than double bottoms, which have two hull layers only in the bottom of the ship but not the sides. In low-energy collisions, double hulls can prevent flooding beyond the penetrated compartment. In high-energy collisions, however, the distance to the inner hull is not sufficient and the inner compartment is penetrated as well. Double hulls or double bottoms have been required in all passenger ships for decades as part of the Safety Of Life At Sea or SOLAS Convention. Uses Double hulls ...
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