Jan 21, 2024

Norwegian player carves away FPSO segment from renewables business

 

Penguins FPSO

Oslo-listed company Magnora has decided to separate its legacy business, the divested segment related to floating production storage and offloading (FPSO) units for oil and gas industry, from its renewables business, with significant activity in the offshore wind industry.

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Source: Offshore Engineer 

Posted on 1/21/2024 / 0 comments / Read More

HD Hyundai Heavy Industries, NAPA and CADMATIC develop digital shipyard

Source HD Hyundai Heavy Industries

HD Hyundai Heavy Industries, the world's premier shipbuilding company, has launched an innovative joint development project with two leading maritime software firms, specializing in smart 3D design, engineering, and information management. This initiative is set to revolutionize the shipbuilding industry's digital landscape. 

 The project's focus is on creating an advanced ship design and information management system, incorporating a sophisticated product lifecycle management (PLM) framework. Utilizing cutting-edge 3D modeling and the latest in information management technologies, the collaboration aims to develop intelligent tools that will oversee the entire shipbuilding process. 

This initiative aligns with HD Hyundai Heavy Industries' vision to establish a "digital shipyard." The concept involves leveraging smart data and digital twins to enhance the efficiency of design, construction, and production processes. This approach will not only optimize these processes but also serve as a valuable information resource throughout the ship's operational lifespan. 

The collaboration is set to significantly boost shipbuilding efficiency by reducing timeframes, cutting costs, and improving the quality of large-scale and complex shipbuilding projects. By integrating digital technologies, the initiative will foster seamless collaboration among various shipyard departments, enhancing information flow among the hundreds, or even thousands, of individuals involved in ship design and construction. The objective is to streamline processes and achieve flawless design, ensuring both production efficiency and operational safety. 

In addition to optimizing ship design and construction workflows, this project positions HD Hyundai Heavy Industries to meet the increasing demand for innovative, energy-efficient ship designs. These designs are crucial for shipowners aiming to transition towards decarbonization. The company is set to enhance its capabilities in delivering next-generation vessels, incorporating alternative fuels and new technologies like battery systems or wind propulsion. 

Under this agreement, the software partners will merge their extensive shipbuilding expertise in naval architecture, as well as initial, detailed, and production design. Their skills in modern 3D-based collaboration and information management, including PLM, will be combined with HD Hyundai Heavy Industries' unmatched experience in shipbuilding.
Posted on 1/21/2024 / 0 comments / Read More
 
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