World News
ABB Gets $26M Order for Fuel-Efficient Propulsion Systems
Swiss power and automation company ASEA Brown Boveri (ABB) says it is won an order for $26 million in fuel-efficient diesel electric power and propulsion systems for two vessels that Norway's Petroleum Geo-Services ASA (PGS) will use to gather seismic data for deep sea resource exploration.
This is the second identical order for ABB from Mitsubishi Heavy Industries (MHI) who is building the ships; the first two MHI ships using the ABB systems will be delivered in the first and fourth quarter of 2013.
"Being selected as the main supplier of power and diesel electric systems for this unique vessel series once again, shows the customer's faith in our ability to execute complex projects and deliver reliable solutions, that contribute to increased energy efficiency and optimized performance," said Veli-Matti Reinikkala, head of ABB's Process Automation division.
"ABB has a successful history of helping to efficiently power such highly specialized ships to keep them at the cutting edge of the marine industry."
The ships, which PGS calls "Ramform Titan-class" vessels, use 3D seismic data acquisition and analysis to determine geological composition of undersea materials and find natural resources.
The vessels use diesel electric main propulsion for quiet operation.
ABB has announced over the past months that it would supply systems for a variety of specialty ships including a Russian icebreaker vessel and wind turbine installation vessels to be used in Singapore.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 502.00 | 4.50 | 617.00 | 5.50 |
| Rotterdam | 457.50 | 2.50 | 623.50 | 6.50 |
| Houston | 469.00 | 3.50 | 623.00 | 2.00 |
| Fujairah | 494.50 | 6.50 | 715.50 | 5.50 |
| Global 20 Ports Average | 526.00 | 3.00 | 712.50 | 11.50 |
| Global 4 Ports Average | 481.00 | 4.00 | 645.00 | 4.50 |
| Global Average Bunker Price | 569.00 | 2.00 | 750.00 | 5.50 |
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