Propeller in the new factory WÃ¤rtsilÃ¤'s joint venture company in China, Wartsila CME Zhenjiang Propeller Co Ltd., inaugurated its new propeller factory at Zhenjiang in Jiangsu province. The new factory is expected to double WÃ¤rtsilÃ¤'s capacity to manufacture this type of propellers. During the past ten years the output has increased by 500 percent. In 2007 up to May, there are 425 vessels contracted in China, which is 45 percent of the global vessel order intake, ranking China number one in the world. The new factory has more than doubled the annual production output to 6,500 tons of propellers. The new maximum size of propeller that can be produced at the new factory is suitable for the world's largest container ships that are currently envisaged with propellers individually weighing up to as much as 140 tons. The joint venture Wartsila CME Zhenjiang Propeller Co Ltd was set up in 2004 by WÃ¤rtsilÃ¤ (55 percent) and Zhenjiang CME Ltd (45 percent), a subsidiary of China State Shipbuilding Corporation (CSSC). The total investment in the new factory is $13.4m. About 80 percent of the world's newbuildings use fixed-pitch (FP) propellers of the type manufactured in the new factory. Most of the propellers are sold to the rapidly-growing market in China. About 15 to 20 percent of the production is exported.
Wärtsilä, China Shipbuilding Industry Corporation (CSIC) and Mitsubishi Heavy Industries (MHI) inaugurated their new, jointly owned, low-speed marine engine factory QMD in Qingdao, Shandong province. The state-of-the-art QMD factory features a modern welding shop, machine shop, assembly shop, and a testing shop, as well as facilities for heat treatment, blasting and painting. This engine production factory has automated equipment and processes, the flexible use of test beds
Negotiations with personnel representatives at Wärtsilä's Turku Factory have concluded. The factory will implement temporary layoffs in order to adjust the capacity to prevailing production volume. The layoffs will apply to 350 workers and will come into effect in mid-October. The layoffs will be implemented step by step this fall and during the first months of 2003.
Rolls Royce has opened a new factory in Shanghai, China, to serve the world’s largest commercial shipbuilding market. Together with an existing facility in Korea, the factory forms a new production hub for north-east Asia enabling the company to supply shipyards with marine equipment at the point of manufacture – and open up new markets in the process. The Asian shipbuilding market is currently worth £19 billion annually and accounts for around 80 percent of all global construction
Aalborg Industries closed year 2001 with the highest total of marine boilers ever sold during a year. Aalborg also reported that its marine turnover was also the highest ever, and the same goes for the order backlog of marine boilers. The new MISSION series of boilers had an exceptional year during which especially the MISSION D-type boilers made a breakthrough in the Korean and Chinese tanker markets. A steadily increasing number of Aalborg Industries boilers for Japan
Leading industrial and marine coatings supplier Hempel is building a strong presence in the Indian subcontinent Hempel, one of the world’s leading industrial and marine paint suppliers, is expanding its operations in the Indian subcontinent. With the opening of a new manufacturing unit in Nashik, Maharashtra, Hempel is strengthening its manufacturing capabilities and presence in the Indian subcontinent. The company also plans to invest approximately EUR 15-20 million in a greenfield
By David Tinsley Trieste engine plant enters new era Skilful management has been core to the shaping of the huge Trieste engine building factory as a pivotal element in Finnish-owned Wärtsilä Corporation's production network. As the one-time Grandi Motori Trieste(GMT) works, a symbol of Italian industrialization in the 1970s, the factory has been the subject of far-reaching organizational change since the Finns took charge
1938 - Prototype shipboard radar, designed and built by the Naval Research Laboratory, is installed on USS New York (BB-34). 1941 - USS Swordfish (SS-193) makes initial U.S. submarine attack on Japanese ship. 1952 - Strike by aircraft from Task Force 77 destroys munitions factory and rail facilities near Rashin, North Korea (Source: Navy News Service)
The signing of an investment agreement between leading international coating supplier Hempel and local government officials in the Russian Ulyanovsk region marks an important milestone in the Hempel Group’s plans for its first Russian paint production facility. significantly increase our ability to service our customers in the region.” The new plant will feature the latest in environmentally-friendly coating production equipment technology
Today in U.S. Naval History - August 14 1813 - HMS Pelican captures USS Argus 1886 - SECNAV establishes Naval Gun Factory at Washington Navy Yard 1945 - Japan agrees to surrender; last Japanese ships sunk during World War II (August 15 in DC) For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Falling shipping freight rates for transporting containers from Asia to Northern Europe on Friday showed there was no traditional surge in cargo exports from China ahead of the Chinese New Year, indicating a bleak outlook for the industry.
Hyundai Heavy Industries has temporarily shut one of its two factories making offshore oil rigs - Onsan plant in South Korea - due to downturn in the global oil and gas industry. The closure Onsan underscores the dire state of the country’s big shipbuilders as
The 100th Wärtsilä 34DF dual-fuel marine engine will be delivered from the factory in early 2016. This delivery will represent part of an order for three new large escort tugs being built for Norwegian operator Østensjø Rederi
Siemens and CD-adapco have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens. The purchase price is $970 million. CD-adapco is a global engineering simulation company with software solutions covering a wide range of engineering disciplines including Fluid
UK-based Cummins Darlington is celebrating its 50th anniversary during 2015. Since opening, around 1.5 million engines have been built in the factory for customers worldwide, providing power for vessels as well as land vehicles. Work began in 1963 on the £8
China's Hong Kong Nicaragua Development (HKND) Co. said it is delaying the start of construction on a controversial $50 billion inter-ocean canal across Nicaragua until late 2016. HKND has obtained approval for environmental studies of the canal earlier this month
Caterpillar Marine unveils Cat C9.3 ACERT power solutions for the commercial marine market Caterpillar Marine has launched the Cat C9.3 ACERT Marine platform, a EPA Tier 3 compliant addition to the manufacturer’s commercial market portfolio
Rapp Marine informs it has been chosen to supply equipment packages for two new oceanographic research vessels for the Guangzhou Marine Geological Survey, GMGS, and Polar Research Institute of China, PRIC. "The contracts were awarded in a highly competitive market against strong
Norwegian shipbuilder Kleven has been awarded a contract to build a fishing vessel to be designed and equipped by Rolls-Royce. The stern trawler has been ordered by French fishing company Compagnie Des Peches Saint-Malo S.A. & SAS Comptoir Des Peches D’Europe Du Nord – Euronor.
Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points. These containers are large rectangular boxes made of a special corrosion resistant grade of steel and
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday inching near all-time lows, dragged down by weak Chinese demand. The overall index, which gauges the cost of shipping cargoes including iron ore, cement, grain and coal
Danish companies are eyeing a series of energy and shipping projects in Iran following a visit this week by the country's foreign minister, local news agencies and officials said on Tuesday. The Danish foreign ministry said its minister, Kristian Jensen
Destined for installation on board one of the highest profile cruise ship deliveries scheduled for 2016, the latest Azipod XO podded propulsion recently departed from the ABB factory in Helsinki. The unit, which commands 20.5 MW of power
Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to
The world's biggest and most modern krill fishing factory vessel is to be designed by Wärtsilä. The vessel will operate in the pristine waters of the Antarctic, a World Heritage site, and the Wärtsilä design provides an appropriately sustainable environmental solution