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News Article | May 24, 2017
Site: www.prnewswire.com

According to United Nations Conference on Trade & Development (UNCTAD), global seaborne trade in 2014 expanded by 3.4% when compared to 2013. High reliability and alternative use as an auxiliary engine will further propel the business landscape. Rise in investment towards shipbuilding sector coupled with increasing research and development towards environment friendly technology will stimulate the U.S. marine diesel engines market size. In 2015, the U.S. shipbuilding industry contributed over USD 37.3 billion in the country's GDP. However, introduction of emission norms by MARPOL and IMO may act as industry restraint. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/158 Optimum utilization of fuel coupled with cost affordability will enhance marine diesel engines market share. Decline in crude oil price with a positive outlook toward shipbuilding industry may further stimulate the product demand. Major shipbuilding hubs including China and South Korea have witnessed an upsurge in the demand for these products owing to easy fuel availability and affordable pricing. High speed systems in 2016 accounted for over 20% of marine diesel engines market share. Healthy orderbook toward construction of navy vessels, tugboats and freight carriers will further complement the industry outlook. Growing demand for cruise and ferries owing to improvement in standard of living coupled with rise in disposable income will boost the medium speed diesel engines market. Recreational vessels account for a large share of the medium speed products. In 2016, MAN D&T signed an agreement with Star Cruise to supply two medium size engines for their cruise ships. Offshore in 2016 accounted for over 18% of the marine diesel engines market. Increasing shale exploration and production in offshore areas will enhance the demand for offshore support vessels including drill ships, FPSO and rigs. Growing demand for tanker and container vessels, bulk and gas carriers used for transportation of natural gas and other cargos will propel the merchant marine diesel engine market. According to Eurostat's in 2015, the ports of Germany handled over 126 million tons of container cargo. Browse key industry insights spread across 250 pages with 228 market data tables & 9 figures & charts from this 2017 report Marine Diesel Engines Market in detail along with the table of contents at: Increasing governmental expenditure towards strengthening naval forces will fuel the navy marine diesel engines market. Russia has laid down its ambitious plan to increase its military support fleet by building more than 60 ships including aircraft carriers and submarines by 2020. In 2016, Germany marine diesel engines market was valued over USD 150 million. Growing government initiatives and strategies including National Master Plan for Marine Technology (NMMT) will positively impact the industry size. According to NMMT, the revenue from shipbuilding industry in 2015 was USD 19.9 billion and is projected to reach USD 25.48 billion by 2018. China marine diesel engines market will witness strong growth owing to increasing number of shipbuilding companies coupled with rising investment towards manufacturing ecologically safe diesel engines. In 2014, the Government of China issued a financial stimulus package which has facilitated the money stock. Fast reduction in interest rates of short-term instruments created profitable financing prospects for the shipbuilding industry. The China State Shipbuilding Corporation (CSSC) successfully issued bonds worth over USD 700 million with a 4.6% annual rate of return, significantly reducing financing costs. Key players in the marine diesel engines market include Wartsila, NYK Line, Man D&T, Mitsui OSK Lines, Kawasaki Kisen Kaisha, COSCO, CMA CGM Holding, China Shipping Development, Teekay and A.P. Møller-Maersk. Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/158 Marine Propulsion Engine Market size was over USD 9 billion in 2015, and is anticipated to grow at 4.3% CAGR from 2016 to 2024. Use of renewable energy sources such as solar and wind energy to meet auxiliary power requirements will increase, thereby augmenting industry growth. Automotive Aftermarket Size was valued at over USD 450 billion in 2015, increasing at CAGR over 4.5% from 2016 to 2024. Strong automotive outlook coupled with surge in manufacturing of auto components will drive the automotive aftermarket industry demand by 2024. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


News Article | May 29, 2017
Site: en.prnasia.com

Grows from Strength to Strength with More Linkages! HONG KONG, May 29, 2017 /PRNewswire/ -- Asia's largest international maritime event, Marintec China, will be staged in Shanghai from 5-8 December 2017 at the Shanghai New International Expo Centre. This year is the 19th edition of Marintec China, which takes place every two years and has been breaking records even since. Brightening Prospects Marintec China 2017 is taking place amidst a brightening outlook for the global shipbuilding industry. Recovery is expected in 2018, with newbuilding orders expected to continue to increase in 2019 and 2020. Players in the maritime sector will no doubt be keen to be seen as riding the upward trend at Asia's mega maritime event. To date, bookings have been made for 13 National/regional pavilions from mainland China, Denmark, Finland, Germany, Hong Kong SAR, Japan, Korea, Netherlands, Norway, Singapore, Taiwan Region, UK, and USA. Along with other individual companies from Belgium, Canada, Chile, Cyprus, France, Israel, Italy, Russia, Spain, Sweden, Switzerland, Turkey, and UAE. Over 60,000 visitors from around 116 countries/regions and more than 2,000 exhibitors are expected this year, following 2015's spectacular participation. Exhibitors What is attention worthy this year is that China Cosco Shipping Corporation Limited will be participating as an exhibitor for the first time as a new larger entity formed from the merger in February 2016 of China Cosco Group and China Shipping Group. Among first-time exhibitors will be CRRC Corporation and Winterthur Gas & Diesel Ltd. Senior Maritime Forum To be held concurrently with the trade exhibition is the Senior Maritime Forum 2017, a main highlight at Marintec China. The theme of the Forum this year is: "Innovation, Smart Manufacturing, and Collaboration". The Forum, which will be attended by senior Chinese government officials and corporate leaders, will be organised in six sessions, namely: Cruise Shipbuilding  Cruise shipbuilding will be launched as a new initiative at Marintec China 2017 as the cruise sector is currently the hottest topic in the shipbuilding industry because of its huge potential. Cruise Lines International Association (CLIA), in its 2017 cruise industry outlook says that the cruise business is booming. CLIA forecasts a record-setting 25.3 million people will board an ocean liner worldwide, which is a 4.5% increase from 2016. To cater to demand, from 2017 to 2026, the industry will produce 97 new cruise ships with investment spending of US$53 billion, more than twice the figure a decade ago. Online pre-registration The online pre-registration will be officially launched in 1 June until 31 October 2017. Visitors can pre-register online at www.marintecchina.com in order to receive admission badges prior to the show. Sponsors  Marintec China is sponsored by the Ministry of Industry and Information Technology, PRC; the Shanghai Municipal People's Government; and cosponsored by the China State Shipbuilding Corporation; the China Shipbuilding Industry Corporation; the China Association of National Shipbuilding Industry; and the Chinese Society of Naval Architects & Marine Engineers. Organisers UBM and the Shanghai Society of Naval Architects & Ocean Engineers (SSNAOE). UBM plc is the largest pure-play B2B Events organiser in the world.  In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses.  Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors -- from fashion to pharmaceutical ingredients. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions. For more information, go to www.ubm.com; for UBM corporate news, follow us on Twitter at @UBM,UBM Plc LinkedIn SSNAOE, founded on 25 February 1951, currently has more than 5,000 individual members and 70 group members. The Society takes part in academic and technical exchanges, exhibitions, the promotion of science, and the editing and publication of papers and books on naval architecture and ocean engineering. SSNAOE has established friendly cooperation with 14 overseas maritime engineering societies.


News Article | May 24, 2017
Site: www.prnewswire.co.uk

According to United Nations Conference on Trade & Development (UNCTAD), global seaborne trade in 2014 expanded by 3.4% when compared to 2013. High reliability and alternative use as an auxiliary engine will further propel the business landscape. Rise in investment towards shipbuilding sector coupled with increasing research and development towards environment friendly technology will stimulate the U.S. marine diesel engines market size. In 2015, the U.S. shipbuilding industry contributed over USD 37.3 billion in the country's GDP. However, introduction of emission norms by MARPOL and IMO may act as industry restraint. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/158 Optimum utilization of fuel coupled with cost affordability will enhance marine diesel engines market share. Decline in crude oil price with a positive outlook toward shipbuilding industry may further stimulate the product demand. Major shipbuilding hubs including China and South Korea have witnessed an upsurge in the demand for these products owing to easy fuel availability and affordable pricing. High speed systems in 2016 accounted for over 20% of marine diesel engines market share. Healthy orderbook toward construction of navy vessels, tugboats and freight carriers will further complement the industry outlook. Growing demand for cruise and ferries owing to improvement in standard of living coupled with rise in disposable income will boost the medium speed diesel engines market. Recreational vessels account for a large share of the medium speed products. In 2016, MAN D&T signed an agreement with Star Cruise to supply two medium size engines for their cruise ships. Offshore in 2016 accounted for over 18% of the marine diesel engines market. Increasing shale exploration and production in offshore areas will enhance the demand for offshore support vessels including drill ships, FPSO and rigs. Growing demand for tanker and container vessels, bulk and gas carriers used for transportation of natural gas and other cargos will propel the merchant marine diesel engine market. According to Eurostat's in 2015, the ports of Germany handled over 126 million tons of container cargo. Browse key industry insights spread across 250 pages with 228 market data tables & 9 figures & charts from this 2017 report Marine Diesel Engines Market in detail along with the table of contents at: Increasing governmental expenditure towards strengthening naval forces will fuel the navy marine diesel engines market. Russia has laid down its ambitious plan to increase its military support fleet by building more than 60 ships including aircraft carriers and submarines by 2020. In 2016, Germany marine diesel engines market was valued over USD 150 million. Growing government initiatives and strategies including National Master Plan for Marine Technology (NMMT) will positively impact the industry size. According to NMMT, the revenue from shipbuilding industry in 2015 was USD 19.9 billion and is projected to reach USD 25.48 billion by 2018. China marine diesel engines market will witness strong growth owing to increasing number of shipbuilding companies coupled with rising investment towards manufacturing ecologically safe diesel engines. In 2014, the Government of China issued a financial stimulus package which has facilitated the money stock. Fast reduction in interest rates of short-term instruments created profitable financing prospects for the shipbuilding industry. The China State Shipbuilding Corporation (CSSC) successfully issued bonds worth over USD 700 million with a 4.6% annual rate of return, significantly reducing financing costs. Key players in the marine diesel engines market include Wartsila, NYK Line, Man D&T, Mitsui OSK Lines, Kawasaki Kisen Kaisha, COSCO, CMA CGM Holding, China Shipping Development, Teekay and A.P. Møller-Maersk. Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/158 Marine Propulsion Engine Market size was over USD 9 billion in 2015, and is anticipated to grow at 4.3% CAGR from 2016 to 2024. Use of renewable energy sources such as solar and wind energy to meet auxiliary power requirements will increase, thereby augmenting industry growth. Automotive Aftermarket Size was valued at over USD 450 billion in 2015, increasing at CAGR over 4.5% from 2016 to 2024. Strong automotive outlook coupled with surge in manufacturing of auto components will drive the automotive aftermarket industry demand by 2024. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corporation (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with access to technology and the rights to manufacture the Wärtsilä Aquarius EC Ballast Water Management System (BWMS) under license for applications to CSSC customers. In return, Wärtsilä gains access to CSSC's new manufacturing facility, thereby further supporting supply and demand needs for the Wärtsilä BWMS direct to Wärtsilä customers. The agreement was signed in Jiujiang on 5th December 2016 and is implemented with immediate effect. Wärtsilä retains ownership of the Aquarius Electro-Chlorination (EC) technology and all associated Intellectual Property Rights, while CSSC will manufacture the system for sale and installation with CSSC newbuild and retrofit projects. CSSC is the largest group of shipbuilding companies in the world with a significant need for robust BWMS technology for their Chinese and international customers. The system will be supplied with Wärtsilä Type Approval. "This is another landmark agreement forming an important new partnership in China. It facilitates the supply of Wärtsilä Aquarius EC BWMS to a significant provider in the Chinese marine market, both for new shipbuilding and retrofit projects. By combining the strengths of our two companies, we can more effectively meet the growing demand for EC BWMS for medium to large vessel applications. Our combined global service networks also ensure that the BWMS units are fully supported wherever and whenever needed," says Dr Joe Thomas, Director, Ballast Water Management Systems, Wärtsilä Marine Solutions. "As a subsidiary of CSSC, our institute has strong design and manufacturing capabilities. We have easy access to the resources concerning shipbuilding and retrofits for marketing and sales of BWMS systems, and Wärtsilä, as a significant global marine equipment supplier, has great advantages in technical support and global after sales service. This milestone event represents a promising start to our two companies' partnership. The signing of this agreement will promote the further cooperation between the two companies," says Mr Zou Xiubin, Director, Jiujiang Precision Measuring Technology Research Institute. The agreement has a 6 year initial term. The two companies will support each other in delivering the BWMS technology to a broader customer base, and in providing long term global service support and sales of spare parts for the companies' combined customer base. The Wärtsilä Aquarius EC Ballast Water Management System The Wärtsilä Aquarius EC BWMS provides robust technology for the treatment of ballast water using a simple two stage process involving filtration and electro-chlorination (EC). It is effective in all operating and environmental conditions. The system is easy to integrate and maintain, and is type approved according to the IMO Convention and has an Alternative Management System (AMS) acceptance certificate from the United States Coastguard (USCG). Link to more information: The Wärtsilä Aquarius EC BWMS on wartsila.com Link to image Caption: The new manufacturing license agreement for Ballast Water Management Systems was signed by Dr Joe Thomas, Director, Ballast Water Management Systems, Wärtsilä Marine Solutions and Mr Zou Xiubin, Director, Jiujiang Precision Measuring Technology Research Institute. Wärtsilä in brief: Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. Wärtsilä's has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland. www.wartsila.com


News Article | December 16, 2016
Site: marketersmedia.com

— The report “Marine Engine Market by propulsion (2 stroke, 4 stroke, diesel electric & others), by power 000’ HP (up to 20, 20-40, 40-60, 60-80 & above 80), by vessels (commercial, offshore support, & inland waterways) by fuel & by region - Global Forecast to 2020”, defines and segments the global marine engines market with an analysis and forecast of the market size. Browse 91 market data tables and 61 figures spread through 171 Pages and in-depth TOC on "Marine Engine Market " The marine engines market is expected to grow from an estimated USD 9.10 Billion in 2015 to USD 11.06 Billion by 2020, at a CAGR of 4.0% during the forecast period. Rise in international seaborne trade and growing need for efficient & reliable power for propelling ships are driving the marine engines market across the globe. Among the three major types of propulsion systems, diesel electric engines are considered to be the best alternative when compared to other conventional propulsion systems, such as two stroke engines. This segment is estimated to grow at a higher rate when compared to two stroke and four stroke propulsion systems due to stringent environmental norms to reduce harmful gas emissions. Increasing preference for LNG and its hybrid fuels The report also segments the marine engines market on the basis of fuel used, which includes HFO, IFO, MDO, MGO, and others. HFO-based marine engines have been widely accepted in the past few years, but LNG-based marine engines are at an emerging stage. Increasing emission control regulations and recent revisions in IMO standards have led to an increasing use of low sulfur oils such as MDO and MGO, replacing the use of bunker oil (HFO). However, most marine engines use HFO as it is a conventional fluid and is more economical than other marine engine fuels. In future, LNG and its hybrid fuel is expected to grow at a higher CAGR compared to other fuels during the forecast period. Asia-Pacific is the dominant market for marine engines In this report, the marine engines market has been analyzed with respect to five regions, namely, North America, South America, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific will continue to dominate the market with growth in the shipbuilding market in China, Japan, South Korea, and India. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the marine engines market including Caterpillar Inc. (U.S.), GM Powertrain (Italy), Rolls Royce (U.K.), Wartsila Corporation (Finland), and Mercury Marine (U.S.) among others. Dominant players are trying to penetrate developing economies and adopting various methods to grab the market share. MarketsandMarkets broadly segments the marine engines market on the basis of application, by propulsion mechanism, by power capacity, by fuel, and by location. The study covers more than 25 vessel types including bulker, containership, general cargo, reefer, tanker, tugs, chemical carrier, LNG carrier, LPG carrier, product carrier, special carrier, and other carrier. The stakeholders for the report include: • OEMs/Marine Engine Manufacturers - Caterpillar Inc. (U.S.), GM Powertrain (Italy), Rolls Royce (U.K.), Wartsila Corporation (Finland), and Mercury Marine (U.S.) among others • Shipbuilding Companies- These include Mitsubishi Heavy Industries (Japan), Samsung Heavy Industries (South Korea), Hyundai Heavy Industries (South Korea), China State Shipbuilding Corporation (China), and Sumitomo Heavy Industries (Japan) among others MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. For more information, please visit http://www.marketsandmarkets.com/Market-Reports/marine-engine-market-261640121.html


News Article | February 23, 2017
Site: marketersmedia.com

LONDON, UK / ACCESSWIRE / February 23, 2017 / Active Wall St. blog coverage looks at the headline from Carnival PLC (NYSE: CUK) as the Global leisure travel Company announced on February 22, 2017, that its Chinese joint venture had signed a Memorandum of Agreement (MOA) for the ordering of cruise ships which would be built in China and aimed at the Chinese market. For the first time in the world, a cruise ship built in China would join a multi-ship fleet of a cruise Company. Register with us now for your free membership and blog access at: One of Carnival PLC's competitors within the General Entertainment space, Six Flags Entertainment Corp. (NYSE: SIX), reported on February 22, 2017, its Q4 and full year 2016 financial performance. AWS will be initiating a research report on Six Flags Entertainment in the coming days. Today, AWS is promoting its blog coverage on CUK; touching on SIX. Get all of our free blog coverage and more by clicking on the link below: The MOA is between Carnival's Chinese joint venture and Chinese shipbuilding Company China State Shipbuilding Corporation (CSSC). The current agreement is an extension of the MOA announced earlier in September 2016 by these two organizations and spells out the updated terms and conditions. Carnival's Chinese joint venture is the partnership between Carnival and CSSC which was signed in 2015. Carnival holds a minority interest in this partnership. The Chinese government sees great potential in the cruise ship market in China and has put in place a five-year economic development plan for pushing growth in this segment. To support the Chinese government's plan, the MOA was formalized via an official signing ceremony held at Great Hall of the People in Beijing, China. The ceremony was attended by Chinese President Xi Jinping and Italian President Sergio Mattarella. Carnival's officials on behalf of its Chinese joint venture signed the MOA with officials of CSSC and Fincantieri on behalf of their shipbuilding joint venture. As per the MOA, Carnival's Chinese joint venture has ordered two cruise ships initially from CSSC's joint venture with Italy's Fincantieri S.p.A. Carnival's Chinese joint venture has the option of ordering four additional cruise ships that are made in China. Carnival plans to offer onsite supervision and support during the shipbuilding process. CSSC had formed a joint venture with Fincantieri S.p.A.in July 2016 to encourage the growth of cruise industry in China. CSSC and Fincantieri's joint venture will design and sell customized cruise ships specially targeted at the Chinese and Asian markets. These ships are expected to be built at CSSC's SWS facility. Incidentally, in January 2017, Carnival has placed an order for two new ships with Fincantieri for its cruise lines Holland America Line and Princess Cruises. Carnival plans to launch a cruise brand in China and given its expertise, the Company will operate and manage all the cruise ships owned by its Chinese joint venture. The cruise brand will start off with ships purchased from Carnival's fleet and later on add the China made customized ships to expand its operations. The currently ordered customized cruise ships are tailor made to suit the likings and taste of Chinese travelers and are expected to be delivered by 2023. Carnival's Chinese cruise brand is expected to boost the Chinese cruise market and meet the rising demand from Asian and Chinese travelers. Comments from parties to the MOA "We are proud to order the first China-built cruise ships and play a meaningful role in developing cruise shipbuilding capabilities for the first time in China." "Global economic integration is still an irresistible trend. Our close partnership with Carnival Corporation and Fincantieri, with the aim to build cruises addressing the additional demand from the Chinese and Asian market, will let more people enjoy the benefits of globalization and live a better life." Giuseppe Bono, CEO of Fincantieri shared: "We believe that today's agreement is an example of industrial partnership that not only reaffirms our leadership in the cruise industry, but also creates a virtuous system among the two countries." Carnival PLC's share price finished yesterday's trading session at $54.25, marginally sliding 0.90%. A total volume of 838.11 thousand shares exchanged hands, which was higher than the 3 months average volume of 372.45 thousand shares. The stock has rallied 14.27% and 12.05% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 5.98%. The stock is trading at a PE ratio of 14.46 and has a dividend yield of 2.58%. The stock has a market capital of $40.29 billion. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / February 23, 2017 / Active Wall St. blog coverage looks at the headline from Carnival PLC (NYSE: CUK) as the Global leisure travel Company announced on February 22, 2017, that its Chinese joint venture had signed a Memorandum of Agreement (MOA) for the ordering of cruise ships which would be built in China and aimed at the Chinese market. For the first time in the world, a cruise ship built in China would join a multi-ship fleet of a cruise Company. Register with us now for your free membership and blog access at: One of Carnival PLC's competitors within the General Entertainment space, Six Flags Entertainment Corp. (NYSE: SIX), reported on February 22, 2017, its Q4 and full year 2016 financial performance. AWS will be initiating a research report on Six Flags Entertainment in the coming days. Today, AWS is promoting its blog coverage on CUK; touching on SIX. Get all of our free blog coverage and more by clicking on the link below: The MOA is between Carnival's Chinese joint venture and Chinese shipbuilding Company China State Shipbuilding Corporation (CSSC). The current agreement is an extension of the MOA announced earlier in September 2016 by these two organizations and spells out the updated terms and conditions. Carnival's Chinese joint venture is the partnership between Carnival and CSSC which was signed in 2015. Carnival holds a minority interest in this partnership. The Chinese government sees great potential in the cruise ship market in China and has put in place a five-year economic development plan for pushing growth in this segment. To support the Chinese government's plan, the MOA was formalized via an official signing ceremony held at Great Hall of the People in Beijing, China. The ceremony was attended by Chinese President Xi Jinping and Italian President Sergio Mattarella. Carnival's officials on behalf of its Chinese joint venture signed the MOA with officials of CSSC and Fincantieri on behalf of their shipbuilding joint venture. As per the MOA, Carnival's Chinese joint venture has ordered two cruise ships initially from CSSC's joint venture with Italy's Fincantieri S.p.A. Carnival's Chinese joint venture has the option of ordering four additional cruise ships that are made in China. Carnival plans to offer onsite supervision and support during the shipbuilding process. CSSC had formed a joint venture with Fincantieri S.p.A.in July 2016 to encourage the growth of cruise industry in China. CSSC and Fincantieri's joint venture will design and sell customized cruise ships specially targeted at the Chinese and Asian markets. These ships are expected to be built at CSSC's SWS facility. Incidentally, in January 2017, Carnival has placed an order for two new ships with Fincantieri for its cruise lines Holland America Line and Princess Cruises. Carnival plans to launch a cruise brand in China and given its expertise, the Company will operate and manage all the cruise ships owned by its Chinese joint venture. The cruise brand will start off with ships purchased from Carnival's fleet and later on add the China made customized ships to expand its operations. The currently ordered customized cruise ships are tailor made to suit the likings and taste of Chinese travelers and are expected to be delivered by 2023. Carnival's Chinese cruise brand is expected to boost the Chinese cruise market and meet the rising demand from Asian and Chinese travelers. Comments from parties to the MOA "We are proud to order the first China-built cruise ships and play a meaningful role in developing cruise shipbuilding capabilities for the first time in China." "Global economic integration is still an irresistible trend. Our close partnership with Carnival Corporation and Fincantieri, with the aim to build cruises addressing the additional demand from the Chinese and Asian market, will let more people enjoy the benefits of globalization and live a better life." Giuseppe Bono, CEO of Fincantieri shared: "We believe that today's agreement is an example of industrial partnership that not only reaffirms our leadership in the cruise industry, but also creates a virtuous system among the two countries." Carnival PLC's share price finished yesterday's trading session at $54.25, marginally sliding 0.90%. A total volume of 838.11 thousand shares exchanged hands, which was higher than the 3 months average volume of 372.45 thousand shares. The stock has rallied 14.27% and 12.05% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 5.98%. The stock is trading at a PE ratio of 14.46 and has a dividend yield of 2.58%. The stock has a market capital of $40.29 billion. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. 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News Article | February 23, 2017
Site: www.accesswire.com

LONDON, UK / ACCESSWIRE / February 23, 2017 / Active Wall St. blog coverage looks at the headline from Carnival PLC (NYSE: CUK) as the Global leisure travel Company announced on February 22, 2017, that its Chinese joint venture had signed a Memorandum of Agreement (MOA) for the ordering of cruise ships which would be built in China and aimed at the Chinese market. For the first time in the world, a cruise ship built in China would join a multi-ship fleet of a cruise Company. Register with us now for your free membership and blog access at: One of Carnival PLC's competitors within the General Entertainment space, Six Flags Entertainment Corp. (NYSE: SIX), reported on February 22, 2017, its Q4 and full year 2016 financial performance. AWS will be initiating a research report on Six Flags Entertainment in the coming days. Today, AWS is promoting its blog coverage on CUK; touching on SIX. Get all of our free blog coverage and more by clicking on the link below: The MOA is between Carnival's Chinese joint venture and Chinese shipbuilding Company China State Shipbuilding Corporation (CSSC). The current agreement is an extension of the MOA announced earlier in September 2016 by these two organizations and spells out the updated terms and conditions. Carnival's Chinese joint venture is the partnership between Carnival and CSSC which was signed in 2015. Carnival holds a minority interest in this partnership. The Chinese government sees great potential in the cruise ship market in China and has put in place a five-year economic development plan for pushing growth in this segment. To support the Chinese government's plan, the MOA was formalized via an official signing ceremony held at Great Hall of the People in Beijing, China. The ceremony was attended by Chinese President Xi Jinping and Italian President Sergio Mattarella. Carnival's officials on behalf of its Chinese joint venture signed the MOA with officials of CSSC and Fincantieri on behalf of their shipbuilding joint venture. As per the MOA, Carnival's Chinese joint venture has ordered two cruise ships initially from CSSC's joint venture with Italy's Fincantieri S.p.A. Carnival's Chinese joint venture has the option of ordering four additional cruise ships that are made in China. Carnival plans to offer onsite supervision and support during the shipbuilding process. CSSC had formed a joint venture with Fincantieri S.p.A.in July 2016 to encourage the growth of cruise industry in China. CSSC and Fincantieri's joint venture will design and sell customized cruise ships specially targeted at the Chinese and Asian markets. These ships are expected to be built at CSSC's SWS facility. Incidentally, in January 2017, Carnival has placed an order for two new ships with Fincantieri for its cruise lines Holland America Line and Princess Cruises. Carnival plans to launch a cruise brand in China and given its expertise, the Company will operate and manage all the cruise ships owned by its Chinese joint venture. The cruise brand will start off with ships purchased from Carnival's fleet and later on add the China made customized ships to expand its operations. The currently ordered customized cruise ships are tailor made to suit the likings and taste of Chinese travelers and are expected to be delivered by 2023. Carnival's Chinese cruise brand is expected to boost the Chinese cruise market and meet the rising demand from Asian and Chinese travelers. Comments from parties to the MOA "We are proud to order the first China-built cruise ships and play a meaningful role in developing cruise shipbuilding capabilities for the first time in China." "Global economic integration is still an irresistible trend. Our close partnership with Carnival Corporation and Fincantieri, with the aim to build cruises addressing the additional demand from the Chinese and Asian market, will let more people enjoy the benefits of globalization and live a better life." Giuseppe Bono, CEO of Fincantieri shared: "We believe that today's agreement is an example of industrial partnership that not only reaffirms our leadership in the cruise industry, but also creates a virtuous system among the two countries." Carnival PLC's share price finished yesterday's trading session at $54.25, marginally sliding 0.90%. A total volume of 838.11 thousand shares exchanged hands, which was higher than the 3 months average volume of 372.45 thousand shares. The stock has rallied 14.27% and 12.05% in the last six months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 5.98%. The stock is trading at a PE ratio of 14.46 and has a dividend yield of 2.58%. The stock has a market capital of $40.29 billion. Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. 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Zhou Q.,Beihang University | Qu Z.,Beihang University | Lin H.,China State Shipbuilding Corporation
Chinese Journal of Aeronautics | Year: 2011

Avionics full duplex switched ethernet (AFDX) is a switched interconnection technology developed to provide reliable data exchange with strong data transmission time guarantees in internal communication of the spacecraft or aircraft. Virtual link (VL) is an important concept of AFDX to meet quality of service (QoS) requirements in terms of end-to-end message deadlines. A VL admission control algorithm in AFDX network under hard real-time (HRT) constraints is studied. Based on the scheduling principle of AFDX protocol, a packet scheduling scheme under HRT constraints is proposed, and after that an efficient VL admission control algorithm is presented. Analytical proof that the algorithm can effectively determine whether VL should be admitted is given. Finally simulative examples are presented to promote the conclusion. © 2011 Chinese Journal of Aeronautics. All rights reserved.


He D.,Nanjing University | Ding X.,China State Shipbuilding Corporation | Chang P.,China State Shipbuilding Corporation | Chen Q.,Nanjing University
International Journal of Adhesion and Adhesives | Year: 2012

Amine-terminated butadiene acrylonitrile (ATBN) was applied as curing agents for diglycidyl ether of bisphenol A epoxy resin without any accelerating agent. ATBN weight percentage of 59-82 wt% was used, so that the soft ATBN domains in the cured samples formed a continuous phase, while the hard epoxy domains formed a discontinuous phase. Mechanical properties were tested in the means of strain-stress and adhesive strength. The results showed that the samples had excellent toughness at temperatures above the flexible segment glass transition temperature (T g1), and it was well maintained after annealing at 150 °C. However, adhesive strength of the annealed sample decreased dramatically when the testing temperature was close to the rigid segment glass transition temperature (T g2). It was observed that (T g2) decreased and phase separation became weaker after the annealing. Real-time Fourier transform infrared (FTIR) measurement indicated that this phenomenon was related to the disassociation of hydrogen bonding within the hard domain caused by the increased mixing of the hard segments into the soft domains by the high temperature annealing. It was confirmed by transmission electronic microscope (TEM) test. © 2012 Elsevier Ltd.


Huang B.,China State Shipbuilding Corporation | Zhang J.,China State Shipbuilding Corporation
Lecture Notes in Electrical Engineering | Year: 2014

To solve the problem that the efficiency of the traditional system reliability and safety analysis is not high, and the problem that the human factor analysis is usually ignored, an integrated analysis method of reliability and safety based on man-machine-environment system engineering (MMESE) is proposed. This method integrates the system reliability, safety, environment adaptability, and human factor analysis and considers the human factor as the important element of the analysis; thus, the efficiency of the analysis is evidently improved. Finally, this method is applied in the reliability and safety analysis of a shipborne fueling station. © 2014 Springer-Verlag.

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