Inside the Taipei 101 skyscraper in Taiwan is the world’s largest and heaviest tuned mass damper. Essentially acting as a giant pendulum, the enormous steel sphere moves slightly back and forth to counter any motion of the building itself. It is an engineering marvel meant to limit the vibrations of the 1,667-foot tall building. The 18-foot diameter, 660- metric ton steel sphere is suspended by eight cables in the upper stories of the tower, and is visible between the 88th and 92nd floors. With all the amazing facts above, nothing caught my attention more than the wires that were used to suspend the giant ball of steel… made me think of our anchor handling & towing wires… Proud of being a seaman at heart..
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https://lnkd.in/g2JFWF6Z Companies should ensure that employees have the flexibility to choose and move forward from the conventional method of mandating people to be at their desks. The world is moving towards new ways of working and unless we follow through, we will obviously be at risk of losing talent. Step up and adapt, otherwise be left behind! Thanks Shell for implementing #futureofwork !
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Another great milestone! Congratulations Ørsted !
Ørsted on Twitter
twitter.com
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An insightful story from a very personal level. Diversity and inclusion should be for everyone regardless of social standing, cultural background and gender bearing. Well done, Kumar! https://lnkd.in/gkGde83Q
The Private Life of Singaporean Comedian Kumar
https://www.youtube.com/
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A belated Seafarer's Day wishes to all the heroes out there! #poweringprogress
Empowering Seafarers, here and now
Shivan Nair on LinkedIn
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E&P activities in Malaysian waters rely heavily on vessel operators to provide safe and efficient services. We’ve heard this many, many times being said at meeting and conferences, haven’t we? Charter rates play an integral part for businesses to remain afloat. But what really matters is the willingness to do the right thing. It’s about time we look at our people & processes and ask ourselves why, despite decades of experience in the industry, are we still seeing a plethora of issues affecting contractual delivery? I am always supportive of operators who genuinely want to improve and grow in safety & reliability. If higher rates is what we need to do that, let’s work together to achieve it. #poweringprogress
The three local pure OSV players — Icon Offshore Bhd, Perdana Petroleum Bhd and Alam Maritim Resources Bhd — have seen better days. Alam, for one, has suffered losses for seven straight financial years. For its consolidated financial year ending June 30, it suffered a net loss of RM190.73 million from RM277.89 million in revenue. As of end-June, the company had cash and bank balances of RM55.38 million while its short-term and long-term debt commitments stood at RM106.11 million and RM3.09 million respectively. Its accumulated losses came to RM382.38 million. At the time of writing, Alam’s shares were trading at 3.5 sen each, which translates to a market capitalisation of RM45.95 million. Perdana has been in the red for seven consecutive years as well. For the six months ended June, it had a net loss of RM20.54 million from RM71.99 million in revenue. The company’s cash and cash equivalents in end-June were only RM14.82 million, while its short-term borrowings and long-term debt commitments stood at RM19.89 million and RM41.25 million respectively. It also had negative reserves to the tune of RM337.29 million. There is speculation that Icon Offshore may exit the OSV business and divest its fleet, but this remains to be seen. Bumi Armada Bhd has already trimmed its fleet to seven OSVs from the 49 it had in 2016. Many other players are also disposing of their OSVs as their vessels age. Perdana, for instance, has eight anchor handling tug supply (AHTS) vessels, all of which were built in 2008/09. This means the vessels are approaching the 15-year cap set by Petroliam Nasional Bhd (Petronas). https://lnkd.in/gbxuCvjg
Cover Story: OSV players hope for better charter rates
theedgemalaysia.com
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This is a great step in an era where we are gripped by the amazing capabilities of AI and data analytics. Digital twins can and will most certainly help us and our business partners in delivering efficient & safe operations, apart from driving our #poweringprogress strategy. Congratulations Yuri Sebregts and team!
I’m delighted to share that Shell Ventures has invested in Kongsberg Digital Holding ASA (KDI), a key player in #digital solutions within the energy industry. This investment marks an important step as we continuously improve the #efficiency of our #operations. It also builds on the enterprise framework agreement, which we entered earlier this year, to deploy Kongsberg’s digital twin technology across our global asset portfolio. At Shell, we are focused to make our assets #smarter, #safer, and more #sustainable using the latest digital technologies. Thanks to our partners at KONGSBERG for the great collaboration to date and to the wider Shell team who made this happen. Learn more about this investment: https://lnkd.in/e6Z6gDJq And check how digitalisation is transforming our businesses: https://lnkd.in/eZUCKYe6
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A recent post on mergers attracted my attention and here are my thoughts on it. Share yours as well in the comments! #mergersandacquisitions
Impacts of Mergers on Organisational Culture
Shivan Nair on LinkedIn
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It’s been an exciting week connecting with our colleagues from across the globe. In the journey towards #poweringprogress within Shell, we can see that the intent of learning is key to a collaborative and successful organization! Thanks to Prem Kumar Krishna, Shamila Kanniah & Tat Chuen ‘TC’ Wong for facilitating this.
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Shivan Nair reposted this
During his first visit to China as Shell CEO, Wael Sawan spoke with Caijing Magazine on balance, resilience and complexity of energy transition. He said profits without sustainability will not work, and sustainability without profits will not work either. Read the full interview (in Chinese) and watch the video interview (in English) https://lnkd.in/eytRHJWG (Photo credit: Caijing Magazine)
Shell CEO, Wael Sawan spoke with Caijing Magazine
caijing11.com
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With the weather in Taiwan’s waters, this is definitely something to think about to help reduce project overruns and delays. Coupled with a robust ASOG, this design will provide safe and reliable operations in the construction phase!
"U-Stern" Smart Monopile Installation on DP The U-STERN™ enables longitudinal storage of monopiles and upending in the ship center line. This allows the ship to head into the waves during the installation process, minimizing ship motions and fuel consumption. This has resulted in the U-STERN having significant benefits over ‘traditional’ monopile installation on the side of a vessel ▪️Increased operability due to a 25 % reduction in motions, excellent wave shielding in the ‘moonbay’, and controlled upending of monopiles; ▪️50% power reduction in DP (Dynamic Positioning) operations due to weather vaning; ▪️Avoiding port (and offshore) related challenges related to transverse monopile transport and upending; ▪️Safer lifting operations offshore; #offshore #power #transport #demo #monopile
