Jin Kato

  • Offshore Wind A/S, a MHI, Vestas JV gets Underway

    In early May operations got underway at MHI Vestas Offshore Wind A/S, a new company dedicated to offshore wind turbine business jointly established by Mitsubishi Heavy Industries, Ltd. (MHI) and Vestas Wind Systems A/S (Vestas) of Denmark. The new joint-venture company (JV) consolidates the offshore wind power systems operations newly separated off from MHI and Vestas.
    “Vestas has entered offshore wind turbine market already in the 1990’s and has been taking a firm foothold in the market,” said a spokesperson at MHI. “Vestas is a world leading manufacturer in onshore wind turbine and boasts a second position in offshore wind turbine.”
    “MHI determined it to be suitable timing to establish the JV now based on a number of factors, such as the contemplated launching of 8MW wind turbine into the market,” continued the spokesperson at MHI.
    MHI Vestas Offshore Wind is ready to perform a complete roster of functions relating to offshore wind turbines: from development, design, procurement and manufacture to marketing and after-sale servicing. Initially the JV will conduct business around Vestas’ current 3-MW V112, a gear-type wind turbine, and a newly developed 8 MW V164.
    The new company is headquartered in Aarhus, Denmark. Capitalization has initially been set at approximately $198m, with MHI Holding Denmark ApS (MHD), an MHI group company in Denmark, and Vestas having equal ownership shares. In 2016 a call option will be exercised and the ownership ratios are planned to shift to MHD 51% and Vestas 49%. Going forward MHD is also scheduled to receive a maximum of $181.7m (amount equivalent to approximately 40% of MHD’s capital) in capital investment, in the form of preferred shares, from the Japan Bank for International Cooperation (JBIC).
    “The Offshore wind turbine market is in positive trend and is expected to grow up for the long term period since a number of governments in the EU, especially the UK and Germany generally promote and provide support for installation of offshore wind as low carbon energy,” said the spokesperson at MHI.
    “Based on the trend of several European government’s policies, the large sized offshore wind market will be launched from within coming five years. EU based competitors are also in developing over 6MW class large wind turbines.”
    MHI Vestas Offshore Wind’s founding Chairman of the Board of Directors is Masafumi Wani, Chairman of Mitsubishi Heavy Industries Europe, Ltd. Vice Chairman of the Board is Vestas CEO Anders Runevad. The new company launches with 380 employees.
    “Within the coming five years, we see that main market will be still in Europe, but we also will pay attention to possible business opportunities in other markets,” said the spokesperson at MHI.
    Presently the most vibrant markets for offshore wind turbines are the North Sea coastal countries, particularly the UK and Germany, and robust growth in this region is expected to continue going forward. In response, manufacturers of wind turbines today are developing large-scale models and have launched proactive initiatives to attract orders. MHI Vestas Offshore Wind, bringing together the superlative technological capabilities and abundant experience of its two parent partners, looks to be a winner in the fierce competition in this field.

    Profile of the New Joint Venture

    Company name:    MHI Vestas Offshore Wind A/S
    Business scope:    Development, design, procurement, manufacture, marketing and after-sale servicing of offshore wind turbines
    Establishment:    April 1, 2014
    Head office:    Aarhus, Denmark
    Capitalization:    approximately 144 million euros
    Officers:
    Chairman of the Board of Directors:    Masafumi Wani (MHI)
    Vice Chairman of the Board of Directors:    Anders Runevad (Vestas)
    CEO (Chief Executive Officer):    Jens Tommerup (Vestas)
    Co-CEO:    Jin Kato (MHI)
    CFO (Chief Financial Officer):     Takao Arai (MHI)
    CSO (Chief Sales Officer): Uffe Vinther-Schou(Vestas)
    COO (Chief Operations Officer): Flemming Ougaard (Vestas)
    CSO (Chief Strategy Officer):    Masato Yamada (MHI)
    CTO (Chief Technical Officer):    Torben Hvid Larsen (Vestas)
    Deputy CTO:    Masahide Umaya (MHI)
    Employees:    380
     

    (As published in the May 2014 edition of Marine Technology Reporter - http://www.marinetechnologynews.com/Magazine)

     

  • with refereed papers in these fields in the world. The conference is organized by the International OMAE Conference Committee, which is chaired by Dr. Jin Chung of the Colorado School of Mines, and the American Society of Mechanical Engineers (ASME)-Offshore Mechanics and Arctic Engineering Division

  • pointed out that Japanese General Trading Companies have now adopted a 7.5 percent interest rate, while the OECD Guide Line is 8 percent. Minister Keum-Jin-Ho said in reply to the request that he would look for ways to improve financing conditions, but the lowering of the interest rate would be difficult

  • London office, has returned to the head office and is responsible for the Production Control Division, succeeding Jong-ku Yoon, who has retired. Jin-yeol Lee, formerly senior vice president in charge of HMD's Production Division, and Sang Yong Kauh, formerly vice president of the Design Department

  • to be $4.40 per share and NCL ended the year at 34.60 - up 52.4 percent for the month. For the year as a whole Frontline (FRO), I.M. Skaugen (SKA), Jinhui Shipping (JIN) and Stolt-Nielsen B (SNIB) all more than doubled their value, while at the other end Loki (LOI) and MIF (MIF) on low volumes more

  • An international effort has produced a luxurious new tour boat for 30,000 Island Cruise Line of Parry Sound, Ontario, Canada. Designed by J.B. Hargrave, Naval Architects, Inc. of West Palm Beach, Fla., and built by Hike Metal Products Ltd. of Wheatley, Ontario, the new Island Queen V has a steel

  • Mangone Shipbuilding Company recently delivered the Western Narrows, an ultramodern, geophysical research and survey vessel with SCR (silicon-controlled r e c t i f i e r ) diesel-electric propulsion, to Western Geophysical Company of Houston. Mangone, a subsidiary of Stewart & Stevenson Services

  • The Blackburn Cove was delivered recently to J. Tenwick & Co. Pty., Ltd., of Balmain East, NSW, by Carrington Slipways' Tomago, Newcastle, NSW (Australia) yard. The tug is fitted with a Niigata developed Z-Peller propulsion system. The Niigata Z-Peller drive consists basically of an engine, a drive

  • The M/V Governor James Baxter Hunt Jr. was delivered recently to the North Carolina Department of Transportation. The 129-foot 6-inch ferry was built by Offshore Shipbuilding, Inc. of Palatka, Fla. The vessel was designed for river and sound service by the North Carolina Ferry Division. Detailed

  • Bisso Marine Company, Inc. of New Orleans, La. recently introduced a new tug into its fleet of vessels. The 110-foot tug Darlene Bisso was formerly the Coast Guard icebreaker Mohican. The entire hull of the vessel was gutted, and the house totally reconstructed from the main deckline up with

  • Hudson Shipbuilders, Inc. (HUDSHIP) of Pascagoula, Miss., recently delivered the utility boat Graytest (shown above) to Gray Mackenzie Marine Service, E.C., located in Bahrain. The Graytest is a modified version of the standard HUDSHIP 120-foot utility vessel. The primary modification was to crew

  • Hudship Shipbuilders, Inc. (HUDSHIP) of Pascagoula, Miss., recently delivered its third and fourth supply vessels, the Graytrack (shown above) and Graytraverse, to Gray Mackenzie Company, Ltd., Marine Division located in Bahrain. The design is HUDSHIP's standard 120-foot utility vessels with some modif

  • MR Aug-17#87  15 and replaced the former CEO Jin Han Lee  Combe, to bring)
    August 2017 - Maritime Reporter and Engineering News page: 87

    assumed the role new director of logistics in St. Maarten, Jeffrey de la organization, culminating in his four-year June 15 and replaced the former CEO Jin Han Lee Combe, to bring supply chain solutions for customers stewardship as Secretary-General from (DSME), who advised at the end of 2016 that he

  • MR May-17#78  of the Board, Stena Bulk; Jin Lichao, Vice President)
    May 2017 - Maritime Reporter and Engineering News page: 78

    STENA IMAGINATION: Carl-Johan Hagman, Chairman of the Board, Stena Bulk; Jin Lichao, Vice President, GCI; Godmother Lourdes Torgersen, Jan Torgersen, Zhang Dalei, Deputy Director of European Department, CSTC; Li Hongmei, Deputy Director of Business Development, GSI; Erik Hånell, President and CEO, Stena

  • MR Oct-16#34  paid to CFD technol-
Yuting Jin, PhD candidate at AMC
Yuting)
    October 2016 - Maritime Reporter and Engineering News page: 34

    another reason: “Increasing capability permitted easy positioning of ? With high frequency ocean waves, attention is being paid to CFD technol- Yuting Jin, PhD candidate at AMC Yuting Jin completed his Bachelor of En- the LNG tanker in the vicinity of the steep waves (with deep troughs and ogy in the

  • MR Oct-16#32  SOLUTIONS
By Max Haase & Yuting Jin, AMC | AMC Search Ltd.
FIGURE)
    October 2016 - Maritime Reporter and Engineering News page: 32

    DESIGN: SOFTWARE SOLUTIONS By Max Haase & Yuting Jin, AMC | AMC Search Ltd. FIGURE 3: Resulting waves at various frequencies he Prelude FLNG project, of the LNG tankers. initiated by a consortium in In order to gain a detailed knowledge which the energy group Royal of the conditions to be expected and

  • MR Oct-16#4  Activity 
Reports, Inc.
Haase & Jin
SUBSCRIPTION INFORMATION
Gonzale)
    October 2016 - Maritime Reporter and Engineering News page: 4

    in whole or part may Hasselaar not be produced without the express permission of the publisher. Copyright © 2016 Maritime Activity Reports, Inc. Haase & Jin SUBSCRIPTION INFORMATION Gonzalez In U.S.: One full year (12 issues) $84.00; two years (24 issues) $125.00 Rest of the World: One full year (12

  • MR Jun-15-77#4th Cover LNG-5 
(continued from page 13) 
ence was gathered in a)
    June 15, 1977 - Maritime Reporter and Engineering News page: 4th Cover

    LNG-5 (continued from page 13) ence was gathered in a small ex- perimental cavity in 1974. The results of the investigation jus- tify the further prosecution of the work. 9. "Tests at the Fos Terminal on the LNG Behaviour in the Big Tanks," by F. Bellus, M.Y. Rev- eillard, M.C. Bonnaure

  • MR Jun-15-77#2 IT)
    June 15, 1977 - Maritime Reporter and Engineering News page: 2

    IT'S A DEGASSER! Gas frees — Ventilates — Cools and it's portable! 11,V-4TUGS Engine room parts, valves, etc. Deck equipment also available including Almon Johnson series 225 towing winches. Tugs are complete except for wheel house equipment. Electrical parts run on 230V D.C. CI-M-AVI

  • MR Jan-80#16 Equipped with an SCR Diesel Electric propulsion system)
    January 1980 - Maritime Reporter and Engineering News page: 16

    Equipped with an SCR Diesel Electric propulsion system, the geophysical research vessel Western Strait has a cruising speed of about 13 knots. The 185-foot vessel was built by Mangone Shipbuilding for Western Geophysical Company. Mangone Delivers Research Vessel, Western Strait, To Western Geophysical

  • MR Feb-80#16 The 225-foot, 1,200-ton superseiner Napoleon passes the)
    February 1980 - Maritime Reporter and Engineering News page: 16

    The 225-foot, 1,200-ton superseiner Napoleon passes the Sturgeon Bay Canal Station, entering Lake Michigan on the first leg of its delivery trip. Superseiner Napoleon-First Of Three- Delivered By Peterson Builders The superseiner Napoleon, first of a three-boat contract signed between Peterson

  • MR Mar-80#13 Shell Marine Jobbers provide service, 
facilities and)
    March 1980 - Maritime Reporter and Engineering News page: 13

    Shell Marine Jobbers provide service, facilities and quality Shell products. ALABAMA Bayou La Batre Deep Sea Marine Products Location: West Bank, 500 Tram Avenue Phone: (205) 824-4127 Radio: Ch 16.VHF Mobile Midstream Fuel Service, inc. Location: Mobile River. Mile 1.5 Address:

  • MR Jun-14#59 .5% 4,080 4 39.5%
71 Shanghai Jin Jiang 9,728 11 8,182 9)
    June 2014 - Maritime Reporter and Engineering News page: 59

    Co 11,284 23 11,284 23 69 Goto Shipping 11,120 8 11,120 8 100.0% 70 Shanghai Hai Hua (Hasco) 10,342 13 5,221 7 5,121 6 49.5% 4,080 4 39.5% 71 Shanghai Jin Jiang 9,728 11 8,182 9 1,546 2 15.9% 5,500 5 56.5% 72 Borchard Lines 9,445 10 4,451 4 4,994 6 52.9% 73 Peel Ports (BG Freight) 9,412 14 9,412 14 100

  • MR May-15-80#10 Bulk carrier American Mariner is latest self-unloader to)
    May 15, 1980 - Maritime Reporter and Engineering News page: 10

    Bulk carrier American Mariner is latest self-unloader to join the Great Lakes fleet of the American Steamship Company. Self-Unloading Bulk Carrier Delivered To ASC By Bay Shipbuilding The newest addition to the American Steamship Company's Great Lakes fleet, a $30-million, 728-foot bulk carrier

  • MR Jun-15-80#12 Levingston Shipbuilding Com-
pany recently launched the)
    June 15, 1980 - Maritime Reporter and Engineering News page: 12

    Levingston Shipbuilding Com- pany recently launched the motor vessel Pride of Texas at its Orange, Texas, shipyard. The 36,000-dwt dry bulk carrier was christened by Mrs. Valerie Nem- irow, wife of Assistant Secretary of Commerce for Maritime Affairs Samuel B. Nemirow, in the pres- ence of

  • MR Jul-15-80#6 Mangone Delivers Advanced 
Offshore Research Vessel)
    July 15, 1980 - Maritime Reporter and Engineering News page: 6

    Mangone Delivers Advanced Offshore Research Vessel Mangone Shipbuilding Compa- ny recently delivered the Western Narrows, an ultramodern, geo- physical research and survey ves- sel with SCR (silicon-controlled rectifier) diesel-electric propul- sion, to Western Geophysical Com- pany of Houston.

  • MR Aug-80#8 ®ss SHU @mm 
Peterson Delivers Big Tuna 
Seiner, Launches)
    August 1980 - Maritime Reporter and Engineering News page: 8

    ®ss SHU @mm Peterson Delivers Big Tuna Seiner, Launches Another Tuna seiner Captain Frank Medina was delivered recently by Peterson Builders. Vessel is owned by Capt. and Mrs. Joe Medina Jr. of San Diego. A large contingent of the San Diego and San Pedro tuna fishing industry gathered in

  • MT May-14#35  Tommerup (Vestas) Co-CEO: Jin Kato (MHI) CFO (Chief Financial)
    May 2014 - Marine Technology Reporter page: 35

    Masafumi Wani (MHI) Vice Chairman of the Board of Directors: Anders Runevad (Vestas) CEO (Chief Executive Of Þ cer): Jens Tommerup (Vestas) Co-CEO: Jin Kato (MHI) CFO (Chief Financial Of Þ cer): Takao Arai (MHI) CSO (Chief Sales OfÞ cer): Uffe Vinther-Schou(Vestas) COO (Chief Operations OfÞ cer): Flemming

  • MR Dec-80#20 wmm 
1980 Outstanding 
Vessels Review-
Captain Frank)
    December 1980 - Maritime Reporter and Engineering News page: 20

    wmm 1980 Outstanding Vessels Review- Captain Frank Medina (continued from page 21) tion system was furnished by Vilter Manufacturing Company of Milwaukee, and includes four 8-cylinder compressors circulating ammonia through some 26,000 High and mighty Solve those extra high reach

  • MR Dec-80#8 Nickum & Spaulding 
)
    December 1980 - Maritime Reporter and Engineering News page: 8

    Nickum & Spaulding 'Schooners' (continued from page 8) of fish a day. Both differ only in the deckhouse layout and some machinery. The Nickum & Spauld- ing fish boat team, headed by Paul Gow, has designed a series of fish boats with similar lines in lengths ranging from 104 feet up. The

  • MR Jan-15-81#24 Impressive new trawler Dona Genoveva was completed recently)
    January 15, 1981 - Maritime Reporter and Engineering News page: 24

    Impressive new trawler Dona Genoveva was completed recently by MARCO Seattle for owner/skipper Walter Kuhr. The 123-foot vessel is powered by Caterpillar diesel. MARCO Seattle Christens New North Pacific Fishing Vessel Bring together a highly expe- rienced trawl skipper and one of the world's

  • MR Apr-15-81#54 Big Car Carrier )
    April 15, 1981 - Maritime Reporter and Engineering News page: 54

    Big Car Carrier 'Glorious Ace' Completed By Hitachi Zosen The 17,743-dwt (metric) pure car carrier Glorious Ace (shown above) was delivered to her joint owners, Mitsui O.S.K. Lines, Ltd. and Baba-Daiko Steamship Company, Ltd., both of Japan, recently. Capable of carrying a total of 5,688 cars

  • MR Jul-81#37 PRIDE OF TEXAS 
Major Suppliers 
Transamerica Delaval)
    July 1981 - Maritime Reporter and Engineering News page: 37

    PRIDE OF TEXAS Major Suppliers Transamerica Delaval, RV12-4 main diesel engines (2) and reduction gears. KATO, generators (625 kw), driven by Detroit Diesel Allison 12V-149 en- gines. Sperry, steering gear. International, paint. MacGregor Comarain, cargo hatches. Lake Shore, deck

  • MR Aug-81#12 W.J. Magratten Joins 
TOOLTECH As VP, 
Marketing/Developme)
    August 1981 - Maritime Reporter and Engineering News page: 12

    W.J. Magratten Joins TOOLTECH As VP, Marketing/Development TOOLTECH INC., Minneapolis, Minn., international manufactur- er of rotary drill pipe and tool- joints used in oil, gas, water and mineral drilling, has announced the appointment of William J. Magratten to the new position of vice

  • MR Oct-81#12 ON THE COVER 
The Energy Freedom, with the tug Gulf)
    October 1981 - Maritime Reporter and Engineering News page: 12

    ON THE COVER The Energy Freedom, with the tug Gulf Majesty, attained speeds of over 12 knots in a ballasted condition on its maiden voyage. Bay Shipbuilding Delivers The 'Energy Freedom'—First Of New Fleet Planned By Universal American Bay Shipbuilding Corp., a sub- sidiary of The Manitowoc

  • MR Nov-81#64 Burton Delivers 224-Ft. Seiner, 
Second Of Seven For Van)
    November 1981 - Maritime Reporter and Engineering News page: 64

    Burton Delivers 224-Ft. Seiner, Second Of Seven For Van Camp Burton Shipyard, Inc., Port Arthur, Texas, recently delivered the 224-foot tuna vessel Patrician. The steel-hulled tuna purse seiner is the second of a seven-vessel contract awarded to Burton by Van Camp Sea Food Co., a division of