Catamaran Corporation

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Catamaran Corporation (formerly SXC Health Solutions ) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States [3] and to a broad client portfolio, including health plans and employers. [4] Working independently of the government and insurance companies allowed it to operate as a third party verifier ; the RxCLAIM online claim processing system allowed for prescription drug claims to be processed online if the customer lived in and filled his/her prescription in the United States. SXC had three separate but interrelated business segments which dealt with prescription drug programs. For 2013, 23% of company revenue came from Cigna Corporation. [5]

Most of the company's growth came in 2008 when it doubled in size; between 2005 and 2010 revenue increased 3,400%. [6] As a Canadian startup, the company received venture capital subsidies from the Canadian government in addition to private investments. These subsidies allowed the business to grow initially and establish its business model in advance of its initial public offering , which was offered through the NASDAQ exchange in 2009. The success of the mixed public and private approach in SXC's case has been called "perhaps the best example of the flexibility and the value added by the Canadian hybrid system." [7] In 2013 company revenue increased by 49% thanks to a full year of prescription claims at the Catalyst division, and additional volumes from newly acquired Restat. [5] On March 30, 2015, it was announced that Catamaran will be acquired by OptumRx (A UnitedHealth Group company). [8]

Systems Xellence (SXC), founded in 1993, was a Canadian company that first went public in 1995 when it joined the TSX . Six years later, in 2001, it acquired ComCoTec, an Illinois-based software business. [9] [10] After going public on the NASDAQ stock market in 2006, the company shifted its headquarters from Milton, Ontario to Chicago, the city ComCoTec was based in. SXC was one of the first companies to build technology used in pharmacy benefit management. [6] [11] [12] [13] [14] [15]

In February 2008, eight months after the company changed its name to SXC Health Solutions, it acquired National Medical Health Card Systems, Inc. (NMHC) for US$ 143 million in a move that doubled its size and workforce. [16] [17] It is now known as InformedRx, a division of SXC. [18] On December 19, 2008, the company also acquired Zynchros, an eight-year-old Seattle -based formulary management business. [19]

SXC purchased private company MedfusionRx, Inc on December 2, 2010 for $100 million. Reasons for the acquisition include an interest in strengthening SXC's position in the speciality pharmacy market and improving cost cutting capabilities in the management of complex conditions and improving supportive care. [20] MedfusionRx provides voice messaging services to people in all 50 US states as well as other clinical services to over 9000 patients. The messages have to do with medical treatment assistance including the delivery and refill reminders of medication and patient monitoring for people with chronic diseases. It was founded in 2003 in Birmingham, Alabama. Medfusion manages $270 million in drug spending. [20]

In 2012, SXC agreed to buy rival Catalyst Health Solutions Inc. in a roughly $4.14 billion cash-and-stock deal. [21] Shortly thereafter, SXC Health Solutions Corp. renamed the company, Catamaran Corp. [22]

In 2015, health insurer UnitedHealth Group agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about $12.8 billion. [23]

Business segments

SXC has three main business segments: InformedRx, Healthcare IT Group (HCIT), and Health Business Systems.

InformedRx is SXC Health Solution's pharmacy benefit management service. It deals with formulary administration, benefit plan design and management, pharmacy network management, drug utilization review, clinical services and consulting, reporting and information analysis, mail services and specialty pharmacy, and consumer web services.

Healthcare IT Group focuses on the technological aspects of the company. It includes the RxCLAIM, RxTRACK, and RxPORTAL customer interfaces, which support the electronic processing of prescriptions. It also includes pharmacy technology services (technology relied upon by application service providers ), as well as Zynchros, a provider of formulary management tools .

Health Business Systems are management systems providers to retail, institutional or nursing home, and mail order pharmacy environments.

SXC Health Solutions has been used by various organizations, including Cigna , [24] HealthSpring, PharMerica , TennCare , the Boston Medical Center HealthNet Plan , and Health Alliance of Michigan.

  • [2] "SXC Health Solutions Corp. info by hoovers" .
  • [3] "SXC Health Solutions and HealthSpring sign PBM contract" . 2010-03-04.
  • [4] "Catamaran and OptumRx to Combine - UnitedHealth Group" . www.unitedhealthgroup.com . Retrieved 2020-04-16 .
  • [5] "catamaran 2013 report" . Archived from the original on 2015-01-10 . Retrieved 2015-01-10 .
  • [6] Lorinc, John (December 1, 2010). "Cashing in on the U.S. drug craze (The Globe and Mail)" . Toronto.
  • [7] "10 Moments in Canadian Tech Stock History that Changed the World SXC Health goes Public. " . 2010-03-31.
  • [8] "UHGMerger" . Wall Street Journal . 2015-03-30.
  • [9] "sxc health solutions tailor fit" . 2008-05-31.
  • [10] "cantech letter: Ranking Canada's Tech's" (PDF) . September 25, 2010. Archived from the original (PDF) on October 3, 2011.
  • [11] "SXC Health Solutions: Built for Growth" . 2009-06-01.
  • [12] "University of Toledo" (PDF) . 2010.
  • [13] "SXC Health Solutions Transforms Interactions with Pharmaceutical Supply Chain Using Sterling Business Integration Suite" . 2009-04-28.
  • [14] "SXC Health Solutions receives 2007 Rx Benefit Innovation Award" . 2007.
  • [15] "Rx Benefit Innovation Awards Program" . 2010. Archived from the original on 2010-08-01.
  • [16] "Making SXC Health Solutions a 'dominant player' (Chicago Business)" . 2008-08-28.
  • [17] "SXC Health Solutions to acquired NMHC" . 2008-02-26.
  • [18] "informedRx private company information" . Archived from the original on July 10, 2009 . Retrieved 2010-04-29 .
  • [19] "SXC Health Solutions acquires Zynchros Inc" . 2008-12-22.
  • [20] "SXC Health buys U.S. pharmacy provider MedrusionRx for $100 million" . 2010-12-02.
  • [21] Kamp, Jon (2012-04-18). "Drug Plan Manager SXC to Buy Catalyst" . Wall Street Journal .
  • [22] "SXC to rebrand as Catamaran Corp" . Crain's Chicago Business . 3 July 2012.
  • [23] "UnitedHealth to buy pharmacy benefit firm Catamaran for $12.8 billion" . Reuters. March 30, 2015 . Retrieved March 30, 2015 .
  • [24] "Archived copy" (PDF) . Archived from the original (PDF) on 2015-02-13 . Retrieved 2014-12-01 . {{ cite web }} : CS1 maint: archived copy as title ( link )

External links

  • Reuters entry

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Catamaran Corporation

Catamaran Corporation (formerly SXC Health Solutions ) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States. [3] Working independently of the government and insurance companies allowed it to operate as a third party verifier ; the RxCLAIM online claim processing system allowed for prescription drug claims to be processed online if the customer lived in and filled his/her prescription in the United States. SXC had three separate but interrelated business segments which dealt with prescription drug programs. For 2013 23% of company revenue came from Cigna Corporation. [4]

Most of the company's growth came in 2008 when it doubled in size; Between 2005 and 2010 revenue increased 3,400%. [5] As a Canadian startup, the company received venture capital subsidies from the Canadian government in addition to private investments. These subsidies allowed the business to grow initially and establish its business model in advance of its initial public offering , which was offered through the NASDAQ exchange in 2009. The success of the mixed public and private approach in SXC's case has been called "perhaps the best example of the flexibility and the value added by the Canadian hybrid system." [6] In 2013 company revenue increased by 49% thanks to a full year of prescription claims at the Catalyst division, and additional volumes from newly acquired Restat. [4] On March 30, 2015, it was announced that Catamaran will be acquired by OptumRx (A UnitedHealth Group company). [7]

  • 2 Business segments
  • 3 Customers
  • 4 References
  • 5 External links

Systems Xellence (SXC), founded in 1993, was a Canadian company that first went public in 1995 when it joined the TSX . Six years later, in 2001, it acquired ComCoTec, an Illinois-based software business. [8] [9] After going public on the NASDAQ stock market in 2006, the company shifted its headquarters from Milton, Ontario to Chicago, the city ComCoTec was based in. SXC was one of the first companies to build technology used in pharmacy benefit management. [5] [10] [11] [12] [13] [14]

In February 2008, eight months after the company changed its name to SXC Health Solutions, it acquired National Medical Health Card Systems, Inc. (NMHC) for US$ 143 million in a move that doubled its size and workforce. [15] [16] It is now known as InformedRx, a division of SXC. [17] On December 19, 2008, the company also acquired Zynchros, an eight-year-old Seattle -based formulary management business. [18]

SXC purchased private company MedfusionRx, Inc on December 2, 2010 for $100 million. Reasons for the acquisition include an interest in strengthening SXC's position in the speciality pharmacy market and improving cost cutting capabilities in the management of complex conditions and improving supportive care. [19] MedfusionRx provides voice messaging services to people in all 50 US states as well as other clinical services to over 9000 patients. The messages have to do with medical treatment assistance including the delivery and refill reminders of medication and patient monitoring for people with chronic diseases. It was founded in 2003 in Birmingham, Alabama. Medfusion manages $270 million in drug spending. [19]

In 2012, SXC agreed to buy rival Catalyst Health Solutions Inc. in a roughly $4.14 billion cash-and-stock deal. [20] Shortly thereafter, SXC Health Solutions Corp. renamed the company, Catamaran Corp. [21]

In 2015, health insurer UnitedHealth Group agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about $12.8 billion. [22]

Business segments

SXC has three main business segments: InformedRx, Healthcare IT Group (HCIT), and Health Business Systems.

InformedRx is SXC Health Solution's pharmacy benefit management service. It deals with formulary administration, benefit plan design and management, pharmacy network management, drug utilization review, clinical services and consulting, reporting and information analysis, mail services and specialty pharmacy, and consumer web services.

Healthcare IT Group focuses on the technological aspects of the company. It includes the RxCLAIM, RxTRACK, and RxPORTAL customer interfaces, which support the electronic processing of prescriptions. It also includes pharmacy technology services (technology relied upon by application service providers ), as well as Zynchros, a provider of formulary management tools .

Health Business Systems are management systems providers to retail, institutional or nursing home, and mail order pharmacy environments.

SXC Health Solutions has been used by various organizations, including Cigna , [23] HealthSpring, PharMerica , TennCare , the Boston Medical Center HealthNet Plan , and Health Alliance of Michigan.

  • ^ "SXC Health Solutions Corp. info by hoovers" .
  • ^ "SXC Health Solutions and HealthSpring sign PBM contract" . 2010-03-04.
  • ^ a b "catamaran 2013 report" . Archived from the original on 2015-01-10 . Retrieved 2015-01-10 .
  • ^ a b Lorinc, John (December 1, 2010). "Cashing in on the U.S. drug craze (The Globe and Mail)" . Toronto.
  • ^ "10 Moments in Canadian Tech Stock History that Changed the World SXC Health goes Public. " . 2010-03-31.
  • ^ "UHGMerger" . 2015-03-30.
  • ^ "sxc health solutions tailor fit" . 2008-05-31.
  • ^ "cantech letter: Ranking Canada's Tech's" (PDF) . September 25, 2010. Archived from the original (PDF) on October 3, 2011.
  • ^ "SXC Health Solutions: Built for Growth" . 2009-06-01.
  • ^ "University of Toledo" (PDF) . 2010.
  • ^ "SXC Health Solutions Transforms Interactions with Pharmaceutical Supply Chain Using Sterling Business Integration Suite" . 2009-04-28.
  • ^ "SXC Health Solutions receives 2007 Rx Benefit Innovation Award" . 2007.
  • ^ "Rx Benefit Innovation Awards Program" . 2010. Archived from the original on 2010-08-01.
  • ^ "Making SXC Health Solutions a 'dominant player' (Chicago Business)" . 2008-08-28.
  • ^ "SXC Health Solutions to acquired NMHC" . 2008-02-26.
  • ^ "informedRx private company information" . Retrieved 2010-04-29 .
  • ^ "SXC Health Solutions acquires Zynchros Inc" . 2008-12-22.
  • ^ a b "SXC Health buys U.S. pharmacy provider MedrusionRx for $100 million" . 2010-12-02.
  • ^ The Wall Street Journal https://www.wsj.com/articles/SB10001424052702303425504577351370169730892 . Missing or empty |title= ( help )
  • ^ "SXC to rebrand as Catamaran Corp" . Crain's Chicago Business . 3 July 2012.
  • ^ "UnitedHealth to buy pharmacy benefit firm Catamaran for $12.8 billion" . Reuters. March 30, 2015 . Retrieved March 30, 2015 .
  • ^ "Archived copy" (PDF) . Archived from the original (PDF) on 2015-02-13 . Retrieved 2014-12-01 . CS1 maint: archived copy as title ( link )

External links

  • Reuters entry
  • 1993 establishments in Ontario
  • Companies formerly listed on NASDAQ
  • Companies based in DuPage County, Illinois
  • Health care companies based in Illinois
  • Information technology companies of the United States
  • Pharmacy benefit management companies based in the United States
  • Companies formerly listed on the Toronto Stock Exchange
  • 2015 disestablishments in Illinois
  • 2015 mergers and acquisitions

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UnitedHealth Group acquires Catamaran for $12.8 billion

UnitedHealth Group’s announcement that its free-standing pharmacy care services business, OptumRx, will merge with Catamaran Corp., the fourth largest pharmacy benefit manager in the U.S., makes sense, according to industry experts.

UnitedHealth Group’s announcement that its free-standing pharmacy care services business, OptumRx, will merge with Catamaran Corp., the fourth largest pharmacy benefit manager (PBM) in the U.S., makes sense, according to industry experts.

UnitedHealth Group  plans to acquire  Catamaran for about $12.8 billion in cash, the Wall Street Journal reported.

“This is a smart acquisition well aligned with UnitedHealth’s strategy-increasing their market power, adding to their suite of technology and benefit management offerings, further diversifying their non-risk business, and better positioning them for the rapidly changing post-ACA delivery system and specialty pharmacy market,” says Kip Piper, MA, FACHE, advisor with Sellers Dorsey , a Medicaid consultancy in Washington, D.C.  “It will increase their already formidable leverage in pharma, biotech, and pharmacy price negotiations. UnitedHealth will no doubt take advantage of the wealth of data, IT savvy, and diverse client base Catamaran brings to the deal.”

This merger is consistent with the types of consolidation being seen within the industry, according to Robert Taketomo, PharmD, MBA, president and CEO, Ventegra .

“However, it remains to be seen in this particular case how the desired efficiencies from scale will impact the ability to adapt to a healthcare environment in flux, and how potential channel conflict with health plan clients will be addressed,” Taketomo says.

The agreement calls for the acquisition of Catamaran’s outstanding common stock for $61.50 per share in cash. The transaction is expected to close during the fourth quarter of 2015, subject to Catamaran shareholders’ approval, regulatory approvals and other customary closing conditions. The combination diversifies OptumRx’s customer and business mix, while accelerating its technology leadership and flexible service offerings.

NEXT: Purchase details

The acquisition is expected to be accretive to UnitedHealth Group’s net earnings in the area of $0.30 per share in 2016. UnitedHealth Group plans to finance the acquisition from existing cash resources and new debt. The company affirmed its $6.00 to $6.25 per share earnings outlook assuming the absorption of all merger costs, the ongoing commitment to advance its dividend policy as planned, and a continued but moderated level of share repurchase.

“It is generally acknowledged that most such takeovers result in a transfer of wealth or value from the acquirer's shareholders to the seller's shareholders. As such, it is a good deal for Catamaran,” says Mark O. Dietrich, CPA/ABV, cpa.net , a certified public accounting firm specializing in healthcare valuation, and author of “The Financial Professional's Guide to Healthcare Reform.” “Initial reaction in the market, however, was positive for United with its share price increasing, so perhaps this deal will be an exception.

“Pharmacy costs represent a significant portion of healthcare spending in the United States, reportedly rising 12% last year, and cost control is critical,” Dietrich adds. “The pharmacy chain CVS controls one large PBM, while its competitor Walgreens sold its PBM. At least from a standard view of economics, it would appear to make more sense to have PBMs under insurer control rather than the control of the industry they attempt to manage the costs of.”

This combination is expected to create a dynamic competitor in the PBM market by combining the strengths of Catamaran’s industry-leading technology platform with the data and analytics capabilities of Optum. The combined company is expected to deliver an innovative and compelling consumer and payer services offering that will link demographic, lab, pharmaceutical, behavioral and medical treatment data to engage individuals to make better decisions as they seek the best, most effective care and improve compliance with pharmaceutical use and care protocols.

Given the business imperatives of post-Affordable Care Act policy and market environment, super low cost of capital, large corporate cash reserves, the increasing power of data and technology, and intense pressures on pricing and cost efficiency, the industry can expect more M&A activity in many segments of healthcare, according to Piper. 

“The marketplace is ripe for further vertical and horizontal consolidations in the drug supply chain and beyond,” Piper says.

“Consolidation leads to fewer choices for the users of PBMs, which of course include managed care executives,” Dietrich says. “Pharmacy costs and formularies are one element of a managed care plan's product design and may contain features regarded as competing with other managed care plans. For plans presently using, for example, United's OptumRx, a competing plan may be using Catamaran. Now, both competing managed care plans would be serviced by the same PBM.”

NEXT: OptumRx's approach

OptumRx’s advanced Clinical Synchronization approach connects pharmacy and care management systems, processes and teams to create deeper insights for higher quality, more consistent and compliant patient outcomes and savings for individuals and plan sponsors. Synchronization presents the entire patient health profile, rather than discrete pieces of an individual’s profile – a distinctive and critically important capability given the growth in U.S. spending on specialty pharmaceuticals.

Catamaran offers retail pharmacy network management, mail service pharmacy, pharmacy claims management and patient-centric specialty pharmacy services to a broad client portfolio, including health plans and employers, as well as healthcare information technology solutions to the industry. In 2015 Catamaran expects to fulfill more than 400 million prescriptions which, combined with OptumRx’s roughly 600 million annual scripts, will enable the combined entity to be a competitive force in the PBM industry. Enhanced purchasing and administrative improvements from the combination are expected to drive substantial value, with the majority of savings expected to directly benefit clients and individuals through reduced costs for prescriptions and enhanced pharmaceutical services.

Both companies have distinctive, rapidly growing specialty pharmacy services businesses. The combined organization will help customers manage the complex costs and outcomes as this portion of the pharmaceutical market expands from an estimated $100 billion in revenues in 2014 to potentially $400 billion annually by 2020.

“With pharmaceutical costs rising rapidly and the increasing prevalence of expensive specialty drugs targeting rare conditions, pharmacy costs are likely to represent an increasing share of healthcare spending in the future,” Dietrich says. “The PBM companies that control access to millions of insureds will play a critical role in determining pricing and insurance premiums.”

catamaran corporation wiki

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Welcome back to another episode of "Tuning In to the C-Suite," where Briana Contreras, an editor of Managed Healthcare Executive, had the pleasure of chatting with Cindy Gaines, chief clinical transformation officer at Lumeon.

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catamaran corporation wiki

A Formula 16 beachable catamaran Bladef16-1up.jpg

A catamaran ( / ˌ k æ t ə m ə ˈ r æ n / ) (informally, a "cat") is a watercraft with two parallel hulls of equal size. The distance between a catamaran's hulls imparts resistance to rolling and overturning. Catamarans typically have less hull volume, smaller displacement , and shallower draft (draught) than monohulls of comparable length. The two hulls combined also often have a smaller hydrodynamic resistance than comparable monohulls, requiring less propulsive power from either sails or motors. The catamaran's wider stance on the water can reduce both heeling and wave-induced motion, as compared with a monohull, and can give reduced wakes.

Development in Oceania and Asia

Traditional catamarans, western development of sailing catamarans, performance, swath and wave-piercing designs, applications, passenger transport, further reading.

Catamarans were invented by the Austronesian peoples , and enabled their expansion to the islands of the Indian and Pacific Oceans . [1]

Catamarans range in size from small sailing or rowing vessels to large naval ships and roll-on/roll-off car ferries. The structure connecting a catamaran's two hulls ranges from a simple frame strung with webbing to support the crew to a bridging superstructure incorporating extensive cabin and/or cargo space.

Catamarans from Oceania and Maritime Southeast Asia became the inspiration for modern catamarans. Until the 20th century catamaran development focused primarily on sail-driven concepts.

The word "catamaran" is derived from the Tamil word, kattumaram (கட்டுமரம்), which means "logs bound together" and is a type of single-hulled raft made of three to seven tree trunks lashed together. The term has evolved in English usage to refer to double-hulled vessels. [2] [3] [4]

Succession of forms in the development of the Austronesian boat (Mahdi, 1999) Succession of forms in the development of the Austronesian boat.png

Catamaran-type vessels were an early technology of the Austronesian peoples . Early researchers like Heine-Geldern (1932) and Hornell (1943) once believed that catamarans evolved from outrigger canoes , but modern authors specializing in Austronesian cultures like Doran (1981) and Mahdi (1988) now believe it to be the opposite. [5] [6] [1]

Hokule`a, a modern replica of a Polynesian double-hulled voyaging canoe--an Austronesian innovation Hokule'a.jpg

Two canoes bound together developed directly from minimal raft technologies of two logs tied together. Over time, the double-hulled canoe form developed into the asymmetric double canoe, where one hull is smaller than the other. Eventually the smaller hull became the prototype outrigger , giving way to the single outrigger canoe, then to the reversible single outrigger canoe. Finally, the single outrigger types developed into the double outrigger canoe (or trimarans ). [5] [6] [1]

This would also explain why older Austronesian populations in Island Southeast Asia tend to favor double outrigger canoes, as it keeps the boats stable when tacking . But they still have small regions where catamarans and single-outrigger canoes are still used. In contrast, more distant outlying descendant populations in Oceania , Madagascar , and the Comoros , retained the double-hull and the single outrigger canoe types, but the technology for double outriggers never reached them (although it exists in western Melanesia ). To deal with the problem of the instability of the boat when the outrigger faces leeward when tacking, they instead developed the shunting technique in sailing, in conjunction with reversible single-outriggers. [5] [6] [1] [7] [8]

Despite their being the more "primitive form" of outrigger canoes, they were nonetheless effective, allowing seafaring Polynesians to voyage to distant Pacific islands . [9]

The following is a list of traditional Austronesian catamarans:

  • Island Melanesia :
  • Fiji : Drua (or waqa tabu )
  • Papua New Guinea : Lakatoi
  • Tonga : Hamatafua , kalia , tongiaki
  • Cook Islands : Vaka katea
  • Hawaii : Waʻa kaulua
  • Marquesas : Vaka touʻua
  • New Zealand : Waka hourua
  • Samoa : ʻAlia , amatasi , va'a-tele
  • Society Islands : Pahi , tipairua

Nathaniel Herreshoff's 31 ft (9 m) long catamaran, Duplex, on the River Thames--built in 1877 Herreshoff Duplex Catamaran sailing in the Thames River--1880.png

The first documented example of double-hulled sailing craft in Europe was designed by William Petty in 1662 to sail faster, in shallower waters, in lighter wind, and with fewer crew than other vessels of the time. However, the unusual design met with skepticism and was not a commercial success. [10] [11]

The design remained relatively unused in the West for almost 160 years until the early 19th-century, when the Englishman Mayflower F. Crisp built a two-hulled merchant ship in Rangoon, Burma . The ship was christened Original . Crisp described it as "a fast sailing fine sea boat; she traded during the monsoon between Rangoon and the Tenasserim Provinces for several years". [12] [13]

Later that century, the American Nathanael Herreshoff constructed a double-hulled sailing boat of his own design (US Pat. No. 189,459). [14] The craft, Amaryllis , raced at her maiden regatta on June 22, 1876, and performed exceedingly well. Her debut demonstrated the distinct performance advantages afforded to catamarans over the standard monohulls. It was as a result of this event, the Centennial Regatta of the New York Yacht Club, that catamarans were barred from regular sailing classes, and this remained the case until the 1970s. [15] On June 6, 1882, three catamarans from the Southern Yacht Club of New Orleans raced a 15   nm course on Lake Pontchartrain and the winning boat in the catamaran class, Nip and Tuck , beat the fastest sloop's time by over five minutes. [16] [17]

In 1916, Leonardo Torres Quevedo patented a new kind of ship, a multihull steel vessel named Binave (Twin Ship), which was constructed and tested in Bilbao ( Spain ) in 1918. The design included two 30 HP Hispano-Suiza marine engines , and was able to modify its configuration when sailing , positioning two rudders at the stern of each float, with the propellers also placed aft . [18] [19] [20] In 1936, Eric de Bisschop built a Polynesian "double canoe" in Hawaii and sailed it home to a hero's welcome in France. In 1939, he published his experiences in a book, Kaimiloa , which was translated into English in 1940. [21]

Roland and Francis Prout experimented with catamarans in 1949 and converted their 1935 boat factory in Canvey Island , Essex (England), to catamaran production in 1954. Their Shearwater catamarans easily won races against monohulls. Yellow Bird, a 1956-built Shearwater III , raced successfully by Francis Prout in the 1960s, is in the collection of the National Maritime Museum Cornwall . [22] Prout Catamarans , Ltd. designed a mast aft rig with the mast aft of midships to support an enlarged jib—more than twice the size of the design's reduced mainsail; it was produced as the Snowgoose model. [23] The claimed advantage of this sail plan was to diminish any tendency for the bows of the vessel to dig in. [24] [25]

Hobie 16 beachable catamaran Hobie Cat 16.jpg

In the mid-twentieth century, beachcats became a widespread category of sailing catamarans, owing to their ease of launching and mass production. In California, a maker of surfboards , Hobie Alter , produced the 250-pound (110   kg) Hobie 14 in 1967, and two years later the larger and even more successful Hobie 16 . As of 2016, the Hobie 16 was still being produced with more than 100,000 having been manufactured. [26]

Catamarans were introduced to Olympic sailing in 1976. The two-handed Tornado catamaran was selected for the multihull discipline in the Olympic Games from 1976 through 2008. It was redesigned in 2000. [27] The foiling Nacra 17 was used in the Tokyo 2020 Olympics, which were held in 2021; [28] [29] after the 2015 adoption of the Nacra 15 as a Youth World Championships class and as a new class for the Youth Olympic Games. [30] [31]

A 45' catamaran under sail, showing minimal bow wave and wake resulting from the hulls being narrow, low displacement and long Brady 45' strip-built catamaran with fractional Bermuda rig.jpg

Catamarans have two distinct primary performance characteristics that distinguish them from displacement monohull vessels: lower resistance to passage through the water and greater stability (initial resistance to capsize). Choosing between a monohull and catamaran configuration includes considerations of carrying capacity, speed, and efficiency.

At low to moderate speeds, a lightweight catamaran hull experiences resistance to passage through water that is approximately proportional to its speed. A displacement monohull, by comparison, experiences resistance that is at least the square of its speed. This means that a catamaran would require four times the power in order to double its speed, whereas a monohull would require eight times the power to double its speed, starting at a slow speed. [32] For powered catamarans, this implies smaller power plants (although two are typically required). For sailing catamarans, low forward resistance [33] allows the sails to derive power from attached flow , [34] their most efficient mode—analogous to a wing—leading to the use of wingsails in racing craft. [35]

Catamarans rely primarily on form stability to resist heeling and capsize. [32] Comparison of heeling stability of a rectangular-cross section monohull of beam, B , compared with two catamaran hulls of width B /2, separated by a distance, 2× B , determines that the catamaran has an initial resistance to heeling that is seven times that of the monohull. [36] Compared with a monohull, a cruising catamaran sailboat has a high initial resistance to heeling and capsize—a fifty-footer requires four times the force to initiate a capsize than an equivalent monohull. [37]

Vangohh Seafarer, a catamaran motor yacht berthed at Straits Quay, Georgetown, Pulau Pinang, Malaysia Catamaran at Straits Quay, Georgetown, Pulau Pinang, Malaysia..jpg

One measure of the trade-off between speed and carrying capacity is the displacement Froude number (Fn V ) , [38] compared with calm water transportation efficiency . [39] Fn V applies when the waterline length is too speed-dependent to be meaningful—as with a planing hull. [40] It uses a reference length, the cubic root of the volumetric displacement of the hull, V , where u is the relative flow velocity between the sea and ship, and g is acceleration due to gravity :

Catamaran

Calm water transportation efficiency of a vessel is proportional to the full-load displacement and the maximum calm-water speed, divided by the corresponding power required. [41]

Large merchant vessels have a Fn V between one and zero, whereas higher-performance powered catamarans may approach 2.5, denoting a higher speed per unit volume for catamarans. Each type of vessel has a corresponding calm water transportation efficiency, with large transport ships being in the range of 100–1,000, compared with 11-18 for transport catamarans, denoting a higher efficiency per unit of payload for monohulls. [39]

A SWATH ship has twin hulls (blue) that remain completely submerged Small waterplane area twin hull swath1 large.jpg

Two advances over the traditional catamaran are the small-waterplane-area twin hull (SWATH) and the wave-piercing configuration—the latter having become a widely favored design.

SWATH reduces wave-generating resistance by moving displacement volume below the waterline, using a pair of tubular, submarine-like hulls, connected by pylons to the bridge deck with a narrow waterline cross-section. The submerged hulls are minimally affected by waves. [42] The SWATH form was invented by Canadian Frederick G. Creed , who presented his idea in 1938 and was later awarded a British patent for it in 1946. It was first used in the 1960s and 1970s as an evolution of catamaran design for use as oceanographic research vessels or submarine rescue ships. [43] In 1990, the US Navy commissioned the construction of a SWATH ship to test the configuration. [44]

SWATH vessels compare with conventional powered catamarans of equivalent size, as follows: [42]

  • Larger wetted surface, which causes higher skin friction drag
  • Significant reduction in wave-induced drag, with the configuration of struts and submerged hull structures
  • Lower water plane area significantly reduces pitching and heaving in a seaway
  • No possibility of planing
  • Higher sensitivity to loading, which may bring the bridge structure closer to the water

HSV-2 Swift, a wave-piercing catamaran, built by Incat in Tasmania, Australia US Navy 031104-N-0000S-001 High Speed Vessel Two (HSV 2) Swift is participating in the West African Training Cruise.jpg

Wave-piercing catamarans (strictly speaking they are trimarans , with a central hull and two outriggers) employ a low-buoyancy bow on each hull that is pointed at the water line and rises aft, up to a level, to allow each hull to pierce waves, rather than ride over them. This allows higher speeds through waves than for a conventional catamaran. They are distinguished from SWATH catamarans, in that the buoyant part of the hull is not tubular. The spanning bridge deck may be configured with some of the characteristics of a normal V-hull, which allows it to penetrate the crests of waves. [45]

Wave-piercing catamaran designs have been employed for yachts, [46] passenger ferries, [47] and military vessels. [48]

Emirates Team New Zealand's AC72 Aotearoa on foils in San Francisco Bay AC72 New Zealand Aotearoa San Francisco 01.jpg

A catamaran configuration fills a niche where speed and sea-kindliness is favored over bulk capacity. In larger vessels, this niche favors car ferries and military vessels for patrol or operation in the littoral zone.

Gitana 13, an ocean-racing catamaran Gitana 13.jpg

Recreational and sport catamarans typically are designed to have a crew of two and be launched and landed from a beach. Most have a trampoline on the bridging structure, a rotating mast and full-length battens on the mainsail. Performance versions often have trapezes to allow the crew to hike out and counterbalance capsize forces during strong winds on certain points of sail. [49]

For the 33rd America's Cup , both the defender and the challenger built 90-foot (27   m) long multihulls. Société Nautique de Genève , defending with team Alinghi , sailed a catamaran. The challenger, BMW Oracle Racing, used a trimaran, replacing its soft sail rig with a towering wing sail —the largest sailing wing ever built. In the waters off Valencia , Spain in February 2010, the BMW Oracle Racing trimaran with its powerful wing sail proved to be superior. This represented a break from the traditional monohulls that had always been sailed in previous America's Cup series. [50]

On San Francisco Bay, the 2013 America's Cup was sailed in 72-foot (22   m) long AC72 catamarans (craft set by the rules for the 2013 America's Cup). Each yacht employed hydrofoils and a wing sail. The regatta was won 9-8 by Oracle Team USA against the challenger, Emirates Team New Zealand , in fifteen matches because Oracle Team USA had started the regatta with a two-point penalty. [51] [52]

Yachting has seen the development of multihulls over 100 feet (30   m) in length. " The Race " helped precipitate this trend; it was a circumnavigation challenge which departed from Barcelona, Spain, on New Year's Eve, 2000. Because of the prize money and prestige associated with this event, four new catamarans (and two highly modified ones) over 100 feet (30   m) in length were built to compete. The largest, PlayStation , owned by Steve Fossett , was 125 feet (38   m) long and had a mast which was 147 feet (45   m) above the water. Virtually all of the new mega-cats were built of pre-preg carbon fiber for strength and the lowest possible weight. The top speeds of these boats can approach 50 knots (58   mph; 93   km/h) . The Race was won by the 33.50   m (109.9   ft) -long catamaran Club Med skippered by Grant Dalton . It went round the globe in 62 days at an average speed of 18 knots (21   mph; 33   km/h) . [53]

Catamarans for whitewater sports. Picture was taken in Altai, Russia Katamarans in Russia.jpg

Whitewater catamaran—sometimes called "cata-rafts"—for whitewater sports are widely spread in post-Soviet countries . They consists of two inflatable hulls connected with a lattice scaffold. The frame of the tourist catamaran can be made of both aluminum (duralumin) pipes and from felled tree trunks. The inflatable part has two layers—an airtight balloon with inflation holes and a shell made of dense tissue, protecting the balloon from mechanical damage. Advantages of such catamarans are light weight, compactness and convenience in transportation (the whole product is packed in one pack-backpack, suitable for air traffic standards) and the speed of assembly (10–15 minutes for the inflation). [54] All-inflatable models are available in North America. [55] A cata-raft design has been used on the Colorado River to handle heavy whitewater, yet maintain a good speed through the water. [56]

A Lagoon cruising catamaran Catamaran de croisiere Lagoon 560.JPG

Cruising sailors must make trade-offs among volume, useful load, speed, and cost in choosing a boat. Choosing a catamaran offers increased speed at the expense of reduced load per unit of cost. Howard and Doane describe the following tradeoffs between cruising monohulls and catamarans: [37] A long-distance, offshore cruising monohull may be as short as 30 feet (9.1   m) for a given crew complement and supporting supplies, whereas a cruising catamaran would need to be 40 feet (12   m) to achieve the same capacity. In addition to greater speed, catamarans draw less water than do monohulls— as little as 3 feet (0.91   m) —and are easier to beach. Catamarans are harder to tack and take up more space in a marina. Cruising catamarans entail added expense for having two engines and two rudders. Tarjan adds that cruising catamarans boats can maintain a comfortable 300 nautical miles (350   mi; 560   km) per day passage, with the racing versions recording well over 400 nautical miles (460   mi; 740   km) per day. In addition, they do not heel more than 10-12 degrees, even at full speed on a reach. [57]

Powered cruising catamarans share many of the amenities found in a sail cruising catamaran. The saloon typically spans two hulls wherein are found the staterooms and engine compartments. As with sailing catamarans, this configuration minimizes boat motion in a seaway. [58]

The Swiss-registered wave-piercing catamaran, Tûranor PlanetSolar , which was launched in March 2010, is the world's largest solar powered boat. It completed a circumnavigation of the globe in 2012. [59]

HSC Francisco; the world's fastest passenger ship Francisco Darsena Norte - 01.jpg

The 1970s saw the introduction of catamarans as high-speed ferries , as pioneered by Westermoen Hydrofoil in Mandal , Norway, which launched the Westamaran design in 1973. [60] The Stena Voyager was an example of a large, fast ferry, typically traveling at a speed of 46 miles per hour (74   km/h) , although it was capable of over 70 miles per hour (110   km/h) . [61]

The Australian island Tasmania became the site of builders of large transport catamarans— Incat in 1977 [62] and Austal in 1988 [63] —each building civilian ferries and naval vessels. Incat built HSC Francisco , a High-Speed trimaran that, at 58 knots, is (as of 2014) the fastest passenger ship in service. [64]

US Naval Ship Spearhead (JHSV-1) during sea trials in 2012 USNS Spearhead (JHSV-1) - 1.jpg

The first warship to be propelled by a steam engine, named Demologos or Fulton and built in the United States during the War of 1812 , was a catamaran with a paddle wheel between her hulls.

In the early 20th Century several catamarans were built as submarine salvage ships: SMS Vulkan and SMS Cyclop of Germany , Kommuna of Russia , and Kanguro of Spain , all designed to lift stricken submarines by means of huge cranes above a moon pool between the hulls. Two Cold War-era submarine rescue ships , USS Pigeon and USS Ortolan of the US Navy , were also catamarans, but did not have the moon pool feature.

The use of catamarans as high-speed naval transport was pioneered by HMAS Jervis Bay , which was in service with the Royal Australian Navy between 1999 and 2001. The US Military Sealift Command now operates several Expeditionary Fast Transport catamarans owned by the US Navy; [65] they are used for high speed transport of military cargo, and to get into shallow ports.

The Makar -class is a class of two large catamaran-hull survey ships built for the Indian Navy . As of 2012, one vessel, INS Makar (J31) , was in service and the second was under construction. [66]

First launched in 2004 at Shanghai, the Houbei class missile boat of the People's Liberation Army Navy (PLAN) has a catamaran design to accommodate the vessel's stealth features. [67]

The Tuo Chiang-class corvette is a class of Taiwanese -designed fast and stealthy multi-mission wave-piercing catamaran corvettes [68] first launched in 2014 for the Republic of China (Taiwan) Navy .

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  • List of multihulls

Related Research Articles

<span class="mw-page-title-main">Multihull</span> Ship or boat with more than one hull

A multihull is a boat or ship with more than one hull, whereas a vessel with a single hull is a monohull. The most common multihulls are catamarans, and trimarans. There are other types, with four or more hulls, but such examples are very rare and tend to be specialised for particular functions.

A sailboat or sailing boat is a boat propelled partly or entirely by sails and is smaller than a sailing ship. Distinctions in what constitutes a sailing boat and ship vary by region and maritime culture.

<span class="mw-page-title-main">Trimaran</span> Multihull boat

A trimaran is a multihull boat that comprises a main hull and two smaller outrigger hulls which are attached to the main hull with lateral beams. Most modern trimarans are sailing yachts designed for recreation or racing; others are ferries or warships. They originated from the traditional double-outrigger hulls of the Austronesian cultures of Maritime Southeast Asia; particularly in the Philippines and Eastern Indonesia, where it remains the dominant hull design of traditional fishing boats. Double-outriggers are derived from the older catamaran and single-outrigger boat designs.

<span class="mw-page-title-main">Outrigger</span> Projecting structure on a boat

An outrigger is a projecting structure on a boat, with specific meaning depending on types of vessel. Outriggers may also refer to legs on a wheeled vehicle that are folded out when it needs stabilization, for example on a crane that lifts heavy loads.

A monohull is a type of boat having only one hull, unlike multihulled boats which can have two or more individual hulls connected to one another.

<span class="mw-page-title-main">Outrigger boat</span> Boat with one or more lateral support floats

Outrigger boats are various watercraft featuring one or more lateral support floats known as outriggers, which are fastened to one or both sides of the main hull. They can range from small dugout canoes to large plank-built vessels. Outrigger boats can also vary in their configuration, from the ancestral double-hull configuration (catamarans), to single-outrigger vessels prevalent in the Pacific Islands and Madagascar, to the double-outrigger vessels (trimarans) prevalent in Island Southeast Asia. They are traditionally fitted with Austronesian sails, like the crab claw sails and tanja sails, but in modern times are often fitted with petrol engines.

<span class="mw-page-title-main">Proa</span> Type of multihull sailboat

Proas are various types of multi-hull outrigger sailboats of the Austronesian peoples. The terms were used for native Austronesian ships in European records during the Colonial era indiscriminately, and thus can confusingly refer to the double-ended single-outrigger boats of Oceania, the double-outrigger boats of Island Southeast Asia, and sometimes ships with no outriggers or sails at all.

A small waterplane area twin hull , better known by the acronym SWATH , is a catamaran design that minimizes hull cross section area at the sea's surface. Minimizing the ship's volume near the surface area of the sea, where wave energy is located, minimizes a vessel's response to sea state, even in high seas and at high speeds. The bulk of the displacement necessary to keep the ship afloat is located beneath the waves, where it is less affected by wave action. Wave excitation drops exponentially as depth increases, so wave action normally does not affect a submerged submarine at all. Placing the majority of a ship's displacement under the waves is similar in concept to creating a ship that rides atop twin submarines.

<span class="mw-page-title-main">Hobie Cat</span> Small sailing catamaran

Hobie Cat is a company that manufactures sailing catamarans, surfboards, sailboats, kayaks, stand-up paddle boards, and pedalboards as the Hobie Cat Company. It was founded in 1961 by Hobart Alter, who originally manufactured surfboards. Its line of products has included more than twenty sailing craft, plus a variety of other watercraft.

Canoe sailing refers to the practice of fitting an Austronesian outrigger or Western canoe with sails.

The term beachcat is an informal name for one of the most common types of small recreational sailboats, minimalist 14 to 20 foot catamarans, almost always with a cloth "trampoline" stretched between the two hulls, typically made of fiberglass or more recently rotomolded plastic. The name comes from the fact that they are designed to be sailed directly off a sand beach, unlike most other small boats which are launched from a ramp. The average 8 foot width of the beachcat means it can also sit upright on the sand and is quite stable in this position, unlike a monohull of the same size. The Hobie 14 and Hobie 16 are two of the earliest boats of this type that achieved widespread popularity, and popularized the term as well as created the template for this type of boat.

<span class="mw-page-title-main">Wave-piercing hull</span> Hull with fine bow with reduced reserve buoyancy

A wave-piercing boat hull has a very fine bow, with reduced buoyancy in the forward portions. When a wave is encountered, the lack of buoyancy means the hull pierces through the water rather than riding over the top, resulting in a smoother ride than traditional designs, and in diminished mechanical stress on the vessel. It also reduces a boat's wave-making resistance.

<span class="mw-page-title-main">Sailing hydrofoil</span> Sailboat with wing-like foils mounted under the hull

A sailing hydrofoil , hydrofoil sailboat , or hydrosail is a sailboat with wing-like foils mounted under the hull. As the craft increases its speed the hydrofoils lift the hull up and out of the water, greatly reducing wetted area, resulting in decreased drag and increased speed. A sailing hydrofoil can achieve speeds exceeding double and in some cases triple the wind speed.

<span class="mw-page-title-main">Sailing yacht</span> Private sailing vessel with overnight accommodations

A sailing yacht , is a leisure craft that uses sails as its primary means of propulsion. A yacht may be a sail or power vessel used for pleasure, cruising, or racing. There is no standard definition, so the term applies here to sailing vessels that have a cabin with amenities that accommodate overnight use. To be termed a "yacht", as opposed to a "boat", such a vessel is likely to be at least 33 feet (10 m) in length and have been judged to have good aesthetic qualities. Sailboats that do not accommodate overnight use or are smaller than 30 feet (9.1 m) are not universally called yachts. Sailing yachts in excess of 130 feet (40 m) are generally considered to be superyachts.

VPLP design is a French-based naval architectural firm founded by Marc Van Peteghem and Vincent Lauriot-Prévost, responsible for designing some of the world's most innovative racing boats. Their designs presently hold many of the World Speed Sailing records.

James Wharram was a British multihull pioneer and designer of catamarans.

The Ocean Bird is a class of trimaran sailboat designed by John Westell and produced by Honnor Marine Ltd. at Totnes, Teignmouth in the 1970s, featuring fold-in lateral floats on a webless steel-beam frame chosen to provide stability against heeling, yet allow a compact footprint in harbour.

<span class="mw-page-title-main">Kaep</span> Micronesian sailboat

Kaep is a traditional type of double-ended Proa sailboat native to Palau. Some of the essential design elements have also been adopted as a modern smaller multihull prototype variant.

<span class="mw-page-title-main">Polynesian multihull terminology</span>

Polynesian multihull terminology , such as "ama", "aka" and "vaka" are multihull terms that have been widely adopted beyond the South Pacific where these terms originated. This Polynesian terminology is in common use in the Americas and the Pacific but is almost unknown in Europe, where the English terms "hull" and "outrigger" form normal parlance. Outriggers, catamarans, and outrigger boats are a common heritage of all Austronesian peoples and predate the Micronesian and Polynesian expansion into the Pacific. They are also the dominant forms of traditional ships in Island Southeast Asian and Malagasy Austronesian cultures, where local terms are used.

<span class="mw-page-title-main">Austronesian vessels</span> Sailing vessels of Austronesian peoples

Austronesian vessels are the traditional seafaring vessels of the Austronesian peoples of Taiwan, Maritime Southeast Asia, Micronesia, coastal New Guinea, Island Melanesia, Polynesia, and Madagascar. They also include indigenous ethnic minorities in Vietnam, Cambodia, Myanmar, Thailand, Hainan, the Comoros, and the Torres Strait Islands.

  • ↑ "Origin and meaning of catamaran" . Online Etymology Dictionary . Retrieved March 1, 2019 .
  • ↑ Lück, Michael (2008). The Encyclopedia of Tourism and Recreation in Marine Environments . Wallingford, UK: CABI. p.   86. ISBN   978-1-84593-350-0 .
  • ↑ "Catamaran" . Dictionary.com Unabridged . Random House, inc. 2016.
  • 1 2 3 Mahdi, Waruno (1999). "The Dispersal of Austronesian boat forms in the Indian Ocean". In Blench, Roger; Spriggs, Matthew (eds.). Archaeology and Language III: Artefacts languages, and texts . One World Archaeology. Vol.   34. Routledge. pp.   144–179. ISBN   0415100542 .
  • 1 2 3 Doran, Edwin B. (1981). Wangka: Austronesian Canoe Origins . Texas A&M University Press. ISBN   9780890961070 .
  • ↑ Beheim, B. A.; Bell, A. V. (February 23, 2011). "Inheritance, ecology and the evolution of the canoes of east Oceania" . Proceedings of the Royal Society B: Biological Sciences . 278 (1721): 3089–3095. doi : 10.1098/rspb.2011.0060 . PMC   3158936 . PMID   21345865 .
  • ↑ Hornell, James (1932). "Was the Double-Outrigger Known in Polynesia and Micronesia? A Critical Study". The Journal of the Polynesian Society . 41 (2 (162)): 131–143.
  • ↑ Kirch, Patrick (2001). Hawaiki . Cambridge University Press. p.   80 . ISBN   978-0-521-78309-5 .
  • ↑ "Model of a twin-hulled ship - William Petty" . Royal Society . Retrieved August 8, 2014 .
  • ↑ "Sailing with an Achilles' keel | General" . Times Higher Education . September 22, 2000 . Retrieved August 8, 2014 .
  • ↑ Bertie Reginald Pearn (1938). A History of Rangoon . Corporation of Rangoon. p.   136.
  • ↑ M. F. Crisp (1849). A treatise on marine architecture, elucidating the theory of the resistance of water   : illustrating the form, or model best calculated to unite velocity, buoyancy, stability, strength, etc., in the same vessel   : and finally, adducing the theory of the art of shipbuilding . Maulmein: American Baptist mission press. p.   94.
  • ↑ Nathanael Herreshoff (April 10, 1877). "US Patent Number 189459: Improvement in construction of sailing-vessels" .
  • ↑ L. Francis Herreshoff. "The Spirit of the Times, November 24, 1877 (reprint)" . Marine Publishing Co., Camden, Maine. Archived from the original on January 24, 2008 . Retrieved December 2, 2014 .
  • ↑ Sampsell, Lorillard D. (March 1898), "The Southern Yacht Club of New Orleans" , Outing: Sport, Adventure, Travel Fiction, Volume 31
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  • ↑ Aviación Digital (May 31, 2020). "La «Binave» de Torres Quevedo: El precursor de los modernos catamaranes" .
  • ↑ Rodrigo Pérez Fernández. Francisco A. González Redondo. On the origin, foundational designs and first manufacture of the modern catamaran , International Journal of Maritime History , SAGE Publishing , Volume 34, Issue 3, February 1, 2022.
  • ↑ Patentes de invención de Don Leonardo Torres Quevedo , España Registro de la Propiedad Industrial, 1988. ISBN 84-86857-50-3
  • ↑ The Voyage of the Kaimiloa , London, 1940 (translated from French: Kaimiloa   : D'Honolulu à Cannes par l'Australie et Le Cap, à bord d'une double pirogue polynésienne ), Editions Plon, Paris, 1939 ( Au delà des horizons lointains 1 ).
  • ↑ Bird, Vanessa (2013). Classic Classes . A&C Black. p.   65. ISBN   9781408158906 . Retrieved January 27, 2016 .
  • ↑ Charles E. Kanter (November 2001). "Reviewing the Prout Snowgoose 34 catamaran" . Southwinds Sailing . Archived from the original on May 19, 2006.
  • ↑ Sailor's multihull guide to the best cruising catamarans & trimarans . Jeffrey, Kevin, 1954-, Jeffrey, Nan, 1949-, Kanter, Charles E., 1930- (3rd   ed.). Belfast, P.E.I.: Avalon House. 2002. ISBN   0962756288 . OCLC   51112242 . {{ cite book }} : CS1 maint: others ( link )
  • ↑ Andrews, Jim (1974). Catamarans for cruising . London: Hollis and Carter. ISBN   0370103394 . OCLC   1273831 .
  • ↑ "Hobie 16 2012 Class Report 2012" (PDF) . Retrieved October 1, 2015 .
  • ↑ Forbes, John; Young, Jim (2003). "A Brief Tornado History—The Story of the Tornado, the Olympic Catamaran" . International Tornado Class Association . Retrieved January 27, 2016 . .
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  • ↑ Johnson, Tim. "Nacra 15 selected as the next Youth multihull" . Yachts and Yachting .com . YY Online Services Ltd . Retrieved August 21, 2017 .
  • 1 2 Garrett, Ross (January 1, 1996). The Symmetry of Sailing: The Physics of Sailing for Yachtsmen . Sheridan House, Inc. p.   133. ISBN   9781574090000 .
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  • ↑ Nielsen, Peter (May 14, 2014). "Have Wingsails Gone Mainstream?" . Sail Magazine . Interlink Media . Retrieved January 24, 2015 .
  • ↑ Biran, Adrian; Pulido, Ruben Lopez (2013). Ship Hydrostatics and Stability (2   ed.). Butterworth-Heinemann. p.   67. ISBN   978-0080982908 .
  • 1 2 Howard, Jim; Doane, Charles J. (2000). Handbook of Offshore Cruising: The Dream and Reality of Modern Ocean Cruising . Sheridan House, Inc. pp.   36–8. ISBN   1574090933 . Retrieved January 27, 2016 .
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  • 1 2 Watson, D. G. M. (2002). Practical Ship Design . Elsevier Ocean Engineering Book Series. Vol.   1 (Revised   ed.). Gulf Professional Publishing. pp.   47–48. ISBN   0080440541 . See Fig. 2.1 'Slender' and 'Swath' figures.
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  • ↑ Husick, Charles B. (2009). Chapman Piloting, Seamanship and Small Boat Handling . Sterling Publishing Company, Inc. p.   16. ISBN   9781588167446 . Retrieved January 26, 2016 .
  • ↑ Caprio, Dennis (July 2001). "Loomes 83" . Yachting . Vol.   190, no.   1. pp.   81–84. ISSN   0043-9940 . Retrieved January 26, 2016 .
  • ↑ Yun, Liang; Bliault, Alan (July 8, 2014). High Performance Marine Vessels . Springer Science & Business Media. p.   206. ISBN   978-1-4614-0868-0 . Retrieved January 26, 2016 .
  • ↑ Brumley, Jeff (October 5, 2011). "Unusual ship visits Mayport after 6-month deployment to African waters" . Florida Times-Union . Jacksonville . Retrieved January 26, 2016 .
  • ↑ Berman, Phil (March 1982). Catamaran Sailing: From Start to Finish . W. W. Norton & Co. Inc. ISBN   978-0393000849 .
  • ↑ "BMW Oracle wins America's Cup" . ESPN. Associated Press. February 14, 2010 . Retrieved January 27, 2016 .
  • ↑ "Ben Ainslie's USA beat Team New Zealand in decider" . BBC Sport . September 26, 2013 . Retrieved September 26, 2013 .
  • ↑ "Oracle Team USA completes greatest comeback in America's Cup history, defeating Emirates New Zealand" . New York Daily News . September 25, 2013. Archived from the original on September 29, 2013 . Retrieved September 26, 2013 .
  • ↑ Zimmermann, Tim (2004). The Race: Extreme Sailing and Its Ultimate Event: Nonstop, Round-the-World, No Holds Barred . Houghton Mifflin Harcourt. ISBN   0547347065 .
  • ↑ Fox, Peter (May 26, 2016). "Cataraft Testing on the Clackamas River" . Northwest Rafting Company . Retrieved March 3, 2019 .
  • ↑ Steelhammer, Rick. "WV guides on US team in world whitewater rafting championship" . Charleston Gazette-Mail . Retrieved March 3, 2019 .
  • ↑ Lindeman, Phil (January 31, 2017). "Take 5: On the Grand Canyon 'cataraft' with the U.S. Whitewater Rafting Team" . Summit Daily . Retrieved March 3, 2019 .
  • ↑ Tarjan, Gregor (2007). Catamarans: The Complete Guide for Cruising Sailors . McGraw Hill. ISBN   9780071596220 . Retrieved January 25, 2016 .
  • ↑ Sass, George Jr. (October 3, 2007). "Lagoon Power 43—An exceptional first powerboat from a builder of sailing cats" . Yachting . Retrieved January 25, 2016 .
  • ↑ Gieffers, Hanna (May 4, 2012). "Ankunft in Monaco: Solarboot schafft Weltumrundung in 584 Tagen" . Spiegel Online (in German) . Retrieved May 5, 2012 .
  • ↑ "First Westamaran Revisited" (PDF) . Classic Fast Ferries. October 7, 2003.
  • ↑ Bowen, David (May 4, 1996). "Forget the tunnel; all the talk on the high seas is of 50   mph (80   km/h) super ferries. And Britain doesn't make any of them" . The Independent . London . Retrieved January 29, 2016 .
  • ↑ "History" . Incat. 2016. Archived from the original on October 5, 2013 . Retrieved January 27, 2016 .
  • ↑ "Our story" . Austal. 2016 . Retrieved January 27, 2016 .
  • ↑ Note: Because many of the fast multihull ferries are known as "SeaCats", it is presumed that they are catamarans; in fact they are trimarans with a large centre hull.
  • ↑ "Strategic Sealift (PM3)" . www.msc.navy.mil . Archived from the original on June 27, 2008 . Retrieved November 1, 2015 .
  • ↑ "INS Makar commissioned into the Indian Navy" . Economic Times . September 21, 2012 . Retrieved September 1, 2013 .
  • ↑ Axe, David (August 4, 2011). "China Builds Fleet of Small Warships While U.S. Drifts" . Wired.com . Retrieved February 4, 2012 .
  • ↑ "Taiwan Navy Takes Delivery of First Stealth 'Carrier Killer' Corvette" . December 24, 2014.
  • Marchaj, C. A. (2000). Aero-Hydrodynamics of Sailing . Tiller Publishing. ISBN   1-888671-18-1 .

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CFR600 Nuclear Reactor Pilot Project

Power Nuclear Reactor

Project type :

Sodium-cooled fast-neutron demonstration reactor

Xiapu, Fujian province, China

600MWe (1,500MWt)

Construction Started :

December 2017

Expected Completion :

Developer :.

China Institute of Atomic Energy

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CFR-600 prototype nuclear reactor - 1

The CFR600 nuclear reactor is being constructed in Xiapu, China. Image courtesy of China National Nuclear Corporation.

CFR-600 prototype nuclear reactor - 2

The TEVEL Fuel Company of Rosatom will supply nuclear fuel for the CFR600 nuclear reactor.

CFR-600 prototype reactor project background

Cfr-600 reactor technology, safety features of the cfr-600, fuel supply for the cfr-600.

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Russia establishes special site to fabricate fuel for China’s CFR-600

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A special production site to fabricate fuel for China’s CFR-600 fast reactor under construction has been established at Russia’s Mashinostroitelny Zavod (MSZ - Machine-Building Plant) in Elektrostal (Moscow region), part of Rosatom’s TVEL Fuel Company. 

As part of the project, MSZ had upgraded existing facilities fo the production of fuel for fast reactors, TVEL said on 3 March. Unique equipment has been created and installed, and dummy CFR-600 fuel assemblies have already been manufactured for testing.

The new production site was set up to service an export contract between TVEL and the Chinese company CNLY (part of China National Nuclear Corporation - CNNC) for the supply of uranium fuel for CFR-600 reactors. Construction of the first CFR-600 unit started in Xiapu County, in China's Fujian province in late 2017 followed by the second unit in December 2020. The contract is for the start-up fuel load, as well as refuelling for the first seven years. The start of deliveries is scheduled for 2023.

“The Russian nuclear industry has a unique 40 years of experience in operating fast reactors, as well as in the production of fuel for such facilities,” said TVEL President Natalya Nikipelova. “The Fuel Division of Rosatom is fulfilling its obligations within the framework of Russian-Chinese cooperation in the development of fast reactor technologies. These are unique projects when foreign design fuel is produced in Russia. Since 2010, the first Chinese fast neutron reactor CEFR has been operating on fuel manufactured at the Machine-Building Plant, and for the supply of CFR-600 fuel, a team of specialists from MSZ and TVEL has successfully completed a complex high-tech project to modernise production,” she explained.

A special feature of the new section is its versatility: this equipment will be used to produce fuel intended for both the Chinese CFR-600 and CEFR reactors and the Russian BN-600 reactor of the Beloyarsk NPP. In the near future, the production of standard products for the BN-600 will begin.

The contract for the supply of fuel for the CFR-600 was signed in December 2018 as part of a governmental agreement between Russia and China on cooperation in the construction and operation of a demonstration fast neutron reactor in China. This is part of a wider comprehensive programme of cooperation in the nuclear energy sector over the coming decades. This includes serial construction of the latest Russian NPP power units with generation 3+ VVER-1200 reactors at two sites in China (Tianwan and Xudabao NPPs). A package of intergovernmental documents and framework contracts for these projects was signed in 2018 during a meeting between Russian President Vladimir Putin and Chinese President Xi Jinping.

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COMMENTS

  1. Catamaran Corporation

    Catamaran Corporation (formerly SXC Health Solutions) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States and to a broad client portfolio, including health plans and employers.

  2. Catamaran

    A Formula 16 beachable catamaran Powered catamaran passenger ferry at Salem, Massachusetts, United States. A catamaran (/ ˌ k æ t ə m ə ˈ r æ n /) (informally, a "cat") is a watercraft with two parallel hulls of equal size. The distance between a catamaran's hulls imparts resistance to rolling and overturning. Catamarans typically have less hull volume, smaller displacement, and ...

  3. Catamaran Corporation

    Catamaran Corporation is the former name of a company that now operates within UnitedHealth Group's OptumRX division . It sells pharmacy benefit management and medical record keeping services to businesses in the United States and to a broad client portfolio, including health plans and employers. Working independently of the government and insurance companies allowed it to operate as a third ...

  4. About

    About Us. Catamaran aims to provide world-class fund services and corporate solutions to its clients through its wide-ranging expertise. Established 14 years ago, Catamaran has successfully managed funds across strategies and asset classes, as a fund accounting firm. Catamaran's leadership has a rich experience of 100+ years in streamlining ...

  5. Catamaran Corporation

    Catamaran Corporation (formerly SXC Health Solutions) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States and to a broad client po

  6. Catamaran

    Catamaran Corp., formerly SXC Health Solutions Corp., is a provider of pharmacy benefit management (PBM) services and healthcare information technology

  7. Catamaran Corp

    Fund Services. We are your strategic partner in providing comprehensive and customized solutions to navigate the complex world of fund structuring, operational efficiency, and governance. Know More.

  8. Catamaran Corporation

    Catamaran Corporation (formerly SXC Health Solutions) is the former name of a company that now operates within UnitedHealth Group's OptumRX division (since July 2015). It sells pharmacy benefit management and medical record keeping services to businesses in the United States. Working independently of the government and insurance companies allowed it to operate as a third party verifier; the ...

  9. UnitedHealth to buy pharmacy benefit manager Catamaran for $12.8B

    UnitedHealth Group Inc. will buy Catamaran Corp. for about $12.8 billion and merge it into OptumRx, its pharmacy benefit service, the company announced today. The deal will likely close in the ...

  10. Catamaran and OptumRx to Combine

    OptumRx is UnitedHealth Group's [NYSE: UNH] free-standing pharmacy care services business. The agreement calls for the acquisition of Catamaran's outstanding common stock for $61.50 per share in cash. The transaction is expected to close during the fourth quarter of 2015, subject to Catamaran shareholders' approval, regulatory approvals ...

  11. UnitedHealth to Buy Catamaran for $12.8 Billion in Cash

    Pharmacy-benefit manager to be merged into UnitedHealth Group's OptumRx unit. UnitedHealth Group Inc.'s deal to acquire Catamaran Corp. for about $12.8 billion in cash will bulk up its ...

  12. Hobie Cat

    Two Hobie cats sailing in St Vaast, Normandy, France. Hobie Cat is a company that manufactures sailing catamarans, surfboards, sailboats, kayaks, stand-up paddle boards, and pedalboards as the Hobie Cat Company.It was founded in 1961 by Hobart Alter, who originally manufactured surfboards. Its line of products has included more than twenty sailing craft, plus a variety of other watercraft.

  13. UnitedHealth Group acquires Catamaran for $12.8 billion

    Application error: a client-side exception has occurred (see the browser console for more information). UnitedHealth Group's announcement that its free-standing pharmacy care services business, OptumRx, will merge with Catamaran Corp., the fourth largest pharmacy benefit manager in the U.S., makes sense, according to industry experts.

  14. Catamaran

    Succession of forms in the development of the Austronesian boat (Mahdi, 1999) 1827 depiction of Tahitian pahi war-canoes. Catamaran-type vessels were an early technology of the Austronesian peoples.Early researchers like Heine-Geldern (1932) and Hornell (1943) once believed that catamarans evolved from outrigger canoes, but modern authors specializing in Austronesian cultures like Doran (1981 ...

  15. Corporation Wiki

    Trending: Srp Sub, LLC. Starwood Residential Partnership, L.P. Spt Management, LLC. T-Rex Management, Inc. Angleton Hospitality Inc. Ajs Holdings LLC. The future of corporate history. Discover more about the companies and people that you do business with.

  16. Home

    Contact the friendly crew at Craig Catamaran Corporation for complete details, information, sales, and rental fleets. WE PUT FUN BACK IN BOATING! After 34 years the new models are the best fun machines produced yet! Loaded with amenities the new CraigCat E2 Elite features a premium JBL high definition sound system with USB and Bluetooth ...

  17. MacGregor Yacht Corporation

    History. MacGregor Yacht Co. was founded by Roger MacGregor as part of a Stanford University MBA class project in the early 1960s. The company was in business until early 2013, having been succeeded by Tattoo Yachts. MacGregor produced primarily small, trailerable sailing yachts, from a 15-foot (4.6 m) catamaran to 17-foot (5.2 m) pocket cruisers, up to 26-foot (7.9 m) water ballasted ...

  18. Rosatom starts production of rare-earth magnets for wind power generation

    NovaWind JSC is a division of Rosatom; its primary objective is to consolidate the State Corporation's efforts in advanced segments and technological platforms of the electric power sector. The company was founded in 2017. NovaWind consolidates all of the Rosatom's wind energy assets - from design and construction to power engineering and ...

  19. Moscow Metro

    The world's busiest subway system and second only to Tokyo in the general rapid transit systems category, Moscow's Metro system is both an impressive feat of engineering and architecture, and an experience that can hardly be recommended on a regular basis. Though the plans for it sprang up back in 1880's, the city government hating all public works as a matter of principle, and ridiculously ...

  20. CFR600 Nuclear Reactor Pilot Project, Xiapu, China

    The CFR600 (China Fast Reactor-600) nuclear reactor pilot project is under construction in Xiapu, Fujian province, China. It represents the second step in fast reactor development in China following the success of the China Experimental Fast Reactor (CEFR), which was connected to the grid in July 2010. Designed by China Institute of Atomic ...

  21. Endeavour Yacht Corporation

    Sailboats. The Endeavour Yacht Corporation was an American boat builder based in Largo, Florida. Founded in 1974 by John Brooks and Rob Valdes, the company specialized in the design and manufacture of fiberglass sailboats. The company went out of business in 1986. It was bought by Bob Vincent and built sailing Cats and Power Cats from 36' to 48 ...

  22. Catamaran and OptumRx to Combine

    March 30, 2015 06:00 AM Eastern Daylight Time. NEW YORK & SCHAUMBURG, Ill.-- ( BUSINESS WIRE )--OptumRx and Catamaran Corporation [NASDAQ:CTRX, TSX:CCT], a leading provider of pharmacy benefit ...

  23. Russia establishes special site to fabricate fuel for China's CFR-600

    A special production site to fabricate fuel for China's CFR-600 fast reactor under construction has been established at Russia's Mashinostroitelny Zavod (MSZ - Machine-Building Plant) in Elektrostal (Moscow region), part of Rosatom's TVEL Fuel Company.