S&P Global to Buy IHS Markit for $44 Billion in 2020’s Biggest Merger
By Noor Zainab Hussain (Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger,...
ABB released this video today that gives a new look at their Azipod ship propulsion systems that they are successfully integrating on board a number of different vessels including icebreakers, offshore supply vessels, and in particular, cruise ships. Azipods differ from conventional shaft or z-drive configurations in that they are exclusively powered by high voltage electricity and the motors that turn the propeller are located outside the hull and integrated directly with the propeller itself.
Benefits of this configuration include greater hydrodynamic efficiency, maneuverability, and more flexible placement of the on board electrical generation plant.
Japan’s Mitsubishi Heavy Industries announced today that they have placed a $60 million order with ABB for a complete power and propulsion systems for two new cruise ships to be built at their shipyard in Nagasaki, Japan, for German cruise line operator AIDA. Each of the 125,000 ton cruise ships will have a passenger capacity of 3,250 and are scheduled for delivery in March 2015 and March 2016.
“ABB’s comprehensive solutions for our ship operating customers include the most technologically advanced and energy efficient propulsion systems to help ships improve their maneuverability while using less fuel,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “We also provide reliable and efficient power systems needed to keep all onboard systems running at all times for optimum safety and passenger comfort.”
ABB will supply complete electrical systems for both ships; including generators, and transformers for propulsion, engine room and distribution, frequency converters, bow thruster motors, and other related power system equipment, as well as its latest generation Azipod XO propulsion systems.
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