first_imgThe scope of the design work will be both initial and basic design. The ferry is designed for sailing between Vaasa in Finland and Umeå in Sweden across the Gulf of Bothnia in the Baltic Sea. The contract was signed today, August 4th.The new vessel is required to be innovative, efficient and environmentally sound. Wärtsilä said that its solid track record in innovative solutions and technology together with extensive experience in gas fuelled propulsion were important factors in the award of this contract.The design will also take into account the need for operational flexibility since the transport demands on this route vary from season to season. The demand for cargo transports is quite stable in the course of the year while passenger traffic peaks during the summer therefore flexibility will be important in the concept.Therefore, during peak periods the ferry will run to a tighter schedule than is required at other times when the speed can be reduced in order to save fuel costs. Ice conditions during winter months can be quite severe and therefore the design work needs also to consider the operations during harsh winters.“The project has been initiated to develop a multi-modal logistics corridor across the Gulf of Bothnia. The planning and design of the new ferry is one of the key activities in the project. Feasibility and environmental sustainability are essential cornerstones, and Wärtsilä’s experience and expertise will contribute greatly to achieving a successful solution,” says Mathias Lindström, Director, Kvarken Council and Project Leader for the Midway Alignment of the Bothnian Corridor project.“Integrated solutions for gas fuelled vessels represents a key focus area for Wärtsilä, and is one where we clearly have a leading role in the global market. As a first step, the initial design will be finalized whereby we can start making more precise budgets and develop the project further,” says Magnus Miemois, Vice President, Ship Power Solutions at Wärtsilä.The ship design phase is scheduled to be finalised by the end of the 2nd quarter in 2015.Press Release, August 4, 2014 zoom Wärtsilä has been selected as the partner for designing a new ferry as part of the ‘Midway Alignment of the Bothnian Corridor’ project.last_img read more

In remarks to the meeting, held at UN Headquarters in New York and organized by Brazil’s President Luiz Inacio Lula da Silva, Mr. Annan warned of a “global underclass of the hungry poor” who keep missing out on the economic improvements enjoyed by the rest of society.He said official development assistance to poor countries is finally increasing and foreign “aid is being better channelled,” but serious obstacles remain before the developing world can reap the benefits.”It is by no means assured that current trade negotiations will conclude in a way that brings real gains for developing countries. There remains a democratic deficit in international economic and financial decision-making,” he said.The Secretary-General called on world leaders to take immediate action to arrest the problem, pointing out that next year is the five-year mark for measuring what progress the world has made towards achieving the MDGs.The eight time-bound goals, agreed to by world leaders at a summit in 2000, include such targets as halving, by 2015, the proportion of people whose income is less than $1 a day and halving the proportion which are hungry.”Progress in eradicating extreme poverty has been uneven. In many countries, progress is too slow to meet the goals. And in some, standards of living have even deteriorated,” Mr. Annan said.At its conclusion, the Summit adopted the New York Declaration on Action against Hunger and Poverty, which underscored the determination of participants ? leaders and other officials from over 100 countries ? to fight those scourges. Speaking to reporters, the Brazilian President said he the other members of the “Quintet against Hunger” ? the leaders of France, Chile and Spain, as well as United Nations Secretary-General Kofi Annan ? had rallied participants to adopt the Declaration, which also reaffirmed the pivotal role played by the UN in this battle.President Lula stressed that all members of the global community must take responsibility to fight poverty and hunger and to encourage development. At the same time, he acknowledged the difficulty of asking “any rich citizen or worker in a rich country make a donation to help a poor country without a clear understanding of where their money would go.”The meeting was convened as analysis from a group of global economic experts, commissioned by the UN, argues that seven innovative sources of funding could finance the $50 billion which is estimated to be necessary to achieve the MDGs.The UN Department of Economic and Social Affairs prepared a study drawing from the analysis by the economic experts after an earlier General Assembly resolution called for an examination of new funding sources.The seven sources of funding include the levying of global environmental taxes, such as a carbon-use tax; the creation of a global lottery and/or global premium bonds; and the establishment of a tax on currency flows to discourage excessive currency speculation.The other sources are: encouraging greater private donations for development by businesses and individuals; making it easier for migrants to send home money; creating new “Special Drawing Rights,” which allow nations to fund development; and making available an international finance facility that would allow long-term funding from donor countries to the world’s poorest nations.The study states that, acting alone, the government of an affluent nation could easily increase finance flows for development.”A single country could, for example, allow income tax deductions for taxpayers sending remittances to fund community projects in the home country. A single country could launch a premium bond dedicated to development funding,” according to the paper.”A single country could decide to allocate to development purposes part of the proceeds from its national lottery. A single country could match out of public funds the amounts donated by its citizens to development charities.” read more