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Wednesday, 25 November 2015

Douglass North, a pioneer in institutional economics, has died

at November 25, 2015

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ABB unveils Azipod XL, the world’s most efficient electric propulsion system for marine vessels Global Technology company ABB has announced the release of Azipod XL, the latest version of its market leading podded electric propulsion system which set an industry standard for the marine industry since its introduction 25 years ago. Image credit: www.abb.com Azipod propulsion is a gearless steerable propulsion system with the electric drive motor located in a submerged pod outside the ship hull. Featuring a 360-degree manoeuvring capability, it is used to both steer and drive a wide variety of vessels at the same time. Azipod XL increases vessel fuel efficiency to an unprecedented level of up to 20% compared to modern shaft line propulsion systems by using a unique nozzle system that accelerates the water flow into the propeller to increase thrust, and by redesigning the thruster for reduced water resistance. Azipod propulsion systems have thus far clocked more than 12 million running hours with an availability of 99.8%, saving over 700,000 tons of fuel. Peter Terwiesch, president of ABB’s Process Automation division said the Azipod XL system fits vessels such as tugs and offshore construction vessels, as well as ferries and LNG tankers. “We continuously strive to advance our technology to the benefit of our customers and the environment, as part of our Next Level strategy. Azipod XL is a perfect example for this approach as it represents the biggest jump in the systems’ fuel efficiency in recent years,” Mr Terwiesch said. “To put it in perspective, replacing all existing Azipod units with the new model would save the shipping industry an additional 2.2 million tons of fuel and 7 million tons of carbon dioxide over the next 25 years.” Azipod XL’s features include the capability for advanced condition monitoring using ABB’s concept of the Internet of Things, Services and People (IoTSP) and its Integrated Operations Centers for Marine, continuously monitoring equipment and performance parameters of more than 600 vessels. Australian Manufacturing
High tech manufacturing triumph for Australia Australia is en route to become the first country in the world to use the new “super material”, graphene in the large scale manufacture of an industrial product, said Mr Chris Gilbey, the CEO of Imagine Intelligent Materials (Imagine IM). Image credit: Imagine.com In April 2016, the Sydney headquartered Imagine IM signed an agreement with Australia’s largest geotextiles manufacturer, Geofabrics Australasia, which will see Geofabrics become the exclusive Australian licensee of Imagine IM’s graphene coating technology for applications in geotextiles. Mr Gilbey said that Geofabrics will use the technology to offer Australian civil engineering companies significantly improved capacity to locate and remedy leaks with applications in landfill and mining construction. “Increased environmental regulations in Australia and around the world are driven by the need to address water safety and conservation and by the need for cost effective leak detection in the mining industry. We estimate our technology will save customers around 20 to 40 percent on their current solution costs,” Mr Gilbey said. “Our graphene coating technology has the potential to become a key element of the world’s geotextiles industry which is growing at around ten percent per annum and will be worth around $20 billion by 2018 ($16 billion US). We have utilised graphene’s electrical conductivity to provide the means to detect pin hole sized leaks in geotextiles. Leak detection is important because, undetected leaks mean that there is potential for toxins to escape from tailings dams and landfills into ground water.” Brendan Swifte, the General Manager at Geofabrics, said the company was scheduled to provide the marketplace with the first of its graphene coated geotextile products in August this year. “We are the leading geotextiles manufacturer in Australia and we entered into the agreement with Imagine IM because of our belief in graphene and our belief in Imagine IM’s ability to quality assure the product and the supply chain,” Mr Swifte said. “We believe that our bidim® geotextile with graphene coating is a “game changer” for the geotextile industry. It will be a high tech solution at an extremely competitive price.” Imagine IM – which recently contracted Geelong-based Austeng to build the country’s first commercial graphene manufacturing plant – is in the process of developing additional products and solutions for the global geotextiles industry and is planning to migrate its platform technologies into other textile product lines where solving problems associated with water are highly valued. Mr Gilbey said that Imagine IM is currently discussing international licensing agreements for its graphene technologies in the United States. “The race to commercialise graphene has seen the launch of numerous companies in the USA, Europe and Asia. The European Commission has established the 1billion Euro Graphene Flagship Fund to help drive the commercialisation of graphene in Europe. In the UK, British Government support has helped establish the National Graphene Institute at the University of Manchester,” he continued. “However, up till now, no company has been able to develop a product that delivers at industrial scale the potential that has been indicated in research labs.” Australian Manufacturing
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Econo Steel is a Melbourne based steel and metal distribution service center that commenced trading in January 1999, with a plant located at 9-13 Lamana Road, Mordialloc, Victoria. We have a large inventory of various items and we service a very large and diverse customer base. Our facilities can cut, shear and prepare material to specifications. Econo-Steel is an independent supplier to Australian industry as well as a reseller network of distributors in various locations, serving customers in the transport, agricultural equipment and machinery industries.

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Wednesday, 25 November 2015

Douglass North, a pioneer in institutional economics, has died

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Where to buy steel products in Melbourne