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20-585: As of 31 December 2022, Aker's industrial holdings include: The company takes its name from the former Akers mekaniske Verksted , which was Norway's largest shipyard and which closed in 1982. In 1987 one of the surviving companies split off from the shipyard merged with Norcem , creating a large cement group in Norway with focus on the offshore industry. The cement business was sold in 1999. Kjell Inge Røkke used his investment company Resource Group International to purchase large amounts of Aker shares, and merged

40-663: A dockyard or boatyard , is a place where ships are built and repaired. These can be yachts , military vessels, cruise liners or other cargo or passenger ships. Compared to shipyards, which are sometimes more involved with original construction, dockyards are sometimes more linked with maintenance and basing activities. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia , Brazil , China , Croatia , Denmark , Finland , France , Germany , India , Ireland , Italy , Japan ,

60-562: A investment unit that would be orientated towards businesses and assets related to Bitcoin . That same year, Aker and Salmar jointly established SalMar Aker Ocean , a global offshore aquaculture company. During 2021, the firm launched a new consultancy business; three years later, by which point it had 300 employees worldwide, the consultancy business was rebranded as Entr . In early 2022, both Aker Clean Hydrogen and Aker Offshore Wind were merged into Aker Horizon. That same year, Aker BP and Lundin ’s oil and gas activities merged. During 2023,

80-460: A ship's useful life is over, it makes its final voyage to a ship-breaking yard, often on a beach in South Asia . Historically ship-breaking was carried out in drydock in developed countries, but high wages and environmental regulations have resulted in movement of the industry to third-world regions. The oldest structure sometimes identified as a dockyard was built c.  2400 BC by

100-517: The Drassanes shipyards were active from at least the mid-13th century until the 18th century, although at times they served as a barracks for troops as well as an arsenal. During their time of operation the Drassanes were continuously changed, rebuilt and modified, but two original towers and part of the original eight construction-naves remain today. The site is currently a maritime museum. From

120-575: The Greek words ναύς naus : "ship, boat"; and πήγνυμι pêgnumi , pegnymi : "builder, fixer"). Naupactus' reputation in this field extended back into legendary times – the site is traditionally identified by Greek authors such as Ephorus and Strabo as the place where a fleet was said to have been built by the legendary Heraclidae to invade the Peloponnesus . In the Spanish city of Barcelona ,

140-683: The Indus Valley civilisation in the Harappan port city of Lothal (in present-day Gujarat, India ). Lothal's dockyards connected to an ancient course of the Sabarmati river on the trade route between Harappan cities in Sindh and the peninsula of Saurashtra when the present-day surrounding Kutch desert formed a part of the Arabian Sea . Lothal engineers accorded high priority to

160-851: The Netherlands , Norway , the Philippines , Poland , Romania , Russia , Singapore , South Korea , Sweden , Taiwan , Turkey , the United Arab Emirates , Ukraine , the United Kingdom , the United States and Vietnam . The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessels are built or maintained in shipyards owned or operated by

180-546: The spinning off of its wind development and carbon capture and storage businesses into two separate Oslo-listed entities. That same year, Røkke announced that Aker's strategy for the 2020s was centered around increasing the value of its IT and low carbon energy businesses and a deemphasis of its traditional oil and gas operations. The company has continued to play an active role in the oil and gas sector, not only in existing schemes but also in exploration and other activities. In early 2021, Aker ASA announced that it would establish

200-639: The 14th century, several hundred years before the Industrial Revolution , ships were the first items to be manufactured in a factory – in the Venice Arsenal of the Venetian Republic in present-day Italy . The Arsenal apparently mass-produced nearly one ship every day using pre-manufactured parts and assembly lines . At its height in the 16th century the enterprise employed 16,000 people. Spain built component ships of

220-500: The creation of a dockyard and a warehouse to serve the purposes of maritime trade. The dock was built on the eastern flank of the town, and is regarded by archaeologists as an engineering feat of the highest order. It was located away from the main current of the river to avoid silting, but provided access to ships at high tide as well. The name of the ancient Greek city on the Gulf of Corinth, Naupactus , means "shipyard" (combination of

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240-614: The firm agreed terms for a financial support package, valued at NOK2.25 billion ($ 200 million), to Solstad Shipholding . That same year, Aker Energy was sold to the Africa Finance Corporation. In 2024, SLB Group acquired a majority stake in Aker Carbon Capture Holding.. 59°54′32.27″N 10°43′29.46″E  /  59.9089639°N 10.7248500°E  / 59.9089639; 10.7248500 Akers mekaniske Verksted From Misplaced Pages,

260-604: The 💕 [REDACTED] Akers mekaniske Verksted in 1957 Akers mekaniske Verksted (often abbreviated Akers mek. Verksted or Akers Mek. ) was a workshop, later a shipyard which was established in Fossveien by the Aker River in Oslo in 1841. In 1854 the company moved to Holmen on the west side of Pipervika , which is now known as Aker Brygge . Akers mekaniske Verksted closed in 1982. During its heyday, it

280-399: The national government or navy. Shipyards are constructed near the sea or tidal rivers to allow easy access for their ships. The United Kingdom , for example, has shipyards on many of its rivers. The site of a large shipyard will contain many specialised cranes , dry docks , slipways , dust-free warehouses, painting facilities and extremely large areas for fabrication of the ships. After

300-624: The two companies in 1996 to form Aker RGI . In 1999, after clearing European anti- monopoly concerns, Aker and Apax Partners merged their warehouse technologies and material handling units to form the Dexion Group Ltd (Apax) and Constructor AS (Aker); in 2000, the Dexion Group was acquired by Aker and merged with Constructor, while the Australia/Asia Pacific operations were sold. During the early 2000s, Kværner

320-702: Was announced that Cognite had doubled its revenue to 340 million Norwegian crowns; it had also opened new offices in Tokyo and Texas to better serve these markets. In February 2022, the Saudi Arabian oil company Aramco purchase a 7.4 per cent stake in Cognite from Aker in exchange for roughly one billion Norwegian crowns. Throughout the early 2020s, Aker was considered an initial public offering of Cognite. During July 2020, Aker Solutions announced major restructuring plans, centering on its merger with Kvaerner and

340-556: Was approached multiple times by its long time rival Kværner , which had entered a period of considerable hardship following an ambitious programme of international expansion. During November 2001, in order to avoid bankruptcy , Kværner was compelled to merge with Aker. Thereafter, Kværner's international headquarters returned to Oslo and Kværner was restructured to become a holding company, with operating activities concentrated in Aker Kværner and Aker Yards . During 2005, Kværner ASA

360-508: Was established, through a demerger , as a specialised EPC (engineering, procurement and construction) company addressing the global market. On 6 May 2011, the shareholders' annual general meeting approved the establishment of Kvaerner as a separate company. During 2016, Aker founded the industrial software company Cognite, which targeted the digitalisation of processes across the oil industry as well as other sectors, as part of ambitions to improve efficiency and reduce costs. Three years later, it

380-589: Was merged with Aker Maritime Finance AS, a wholly owned company of Aker ASA, as a result of which the Kværner corporation ceased to exist. In 2007, as part of the Aker Material Handling group of companies, Constructor/Dexion was sold to the Swedish finance investor Altor Equity Partners . In December 2010, Aker Solutions announced a decision to cultivate its core businesses; consequently, Kvaerner

400-1157: Was the largest shipyard in Norway. One of the companies split off from the shipyard company merged with Norcem in 1987 to form Aker Norcem , which eventually became Aker ASA . References [ edit ] ^ Dag Solstad : Medaljens forside – Akers bedriftshistorie , 1990 Authority control databases [REDACTED] VIAF Retrieved from " https://en.wikipedia.org/w/index.php?title=Akers_mekaniske_Verksted&oldid=1018235606 " Categories : Shipbuilding companies of Norway Shipyards of Norway Defunct companies of Norway Defunct manufacturing companies of Norway Aker ASA Manufacturing companies based in Oslo Manufacturing companies established in 1841 Manufacturing companies disestablished in 1982 1841 establishments in Norway 1982 disestablishments in Norway Hidden category: Misplaced Pages articles needing page number citations from May 2016 Shipyard A shipyard , also called

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