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
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
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.
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
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
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
Construction of new engine production facilities for Wärtsilä’s joint venture company in Russia to start Wärtsilä TMH Diesel Engine Company LLC, a joint venture owned 50/50 by Wärtsilä and Transmashholding (TMH), is ready to start construction of a modern factory located in Penza, Russia. The new plant, which is expected to be ready to start production in summer 2013, will provide world-class assembly and manufacturing facilities.
From the Navy News Service 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 the initial U.S. submarine attack on Japanese ship. 1952 - A strike from Task Force 77 aircraft destroys a munitions factory and several rail facilities near Rashin, North Korea.
Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March 2014 operating profit, excluding one-off items, fell to 15.6 million euros ($22 million) from 23
China's capital has ordered more than 50 companies to shut down this year in an effort to cut pollution but pushing factories out could raise objections in surrounding areas reluctant to host Beijing's polluters. Smog-shrouded Beijing and the surrounding province
The Port of Los Angeles has released its March 2014 containerized cargo volume figures, showing that container imports surged 42 percent, from 231,397 TEUsin March 2013 to 327,497 TEUs in March 2014. Exports rose 21 percent, from 154,428 TEUs in March 2013 to 187,826 TEUs in March 2014.
Up-to-date fishing vessel Taurus has entered service under the survey of Russian Maritime Register of Shipping (RS). The ship was built to the dual RS/DNV class and registered under the flag of the Russian Federation. The ordering customer and shipowner is ZAO TAURUS of Murmansk.
Bestobell Valves, part of the President Engineering Group (PEGL), attended the Gastech 2014 exhibition in South Korea recently and said it had a great response from visitors across the globe, including a significant number from South Korea and Japan
Six of the original "Rosie the Riveters" who worked in Kaiser Shipyard during World War II gained a little more recognition Monday after being welcomed to the White House by U.S. Vice President Joe Biden. ABC reported that Phyllis Gould, one of the original riveters
The Hempel Group announced it delivered a record net profit in 2013, placing it in a strong position to achieve its targets through a combination of organic and external growth. The Hempel Group’s continued focus on efficiency and profitability ensured it delivered a net profit of
ABB Industries to open new workshop in ASRY, providing certified turbocharger expertise, global warranties, and onsite access to worldwide network Ship and rig repair specialist ASRY reports that it has signed a co-operation agreement with ABB Industries (LLC), Dubai
Latest Littoral Combat Ship from Austal's State-of-the-Art Ship Production Factory Coming Today. The Navy will christen its newest littoral combat ship, the future USS Jackson (LCS 6) in a ceremony at the Austal USA Shipyard in Mobile, Ala., March 22, at 10 a.m. CDT.
Aquatic Asia Pacific Pte. Ltd, an Acteon company and subsidiary of Aquatic Engineering & Construction Ltd, inform it has successfully completed its new carousel, the AQCS-01-1500 maiden project. Aquatic partnered with integrated subsea services provider Kreuz Subsea on the project.
To meet the emission limits for of the EPA’s New Source Performance Standards, new engines will come from the factory with low NOx, PM, CO and HC emissions. For existing engines, Johnson Matthey introduces a Tier 4 solution with its compact and efficient integrated SCRT (Selective
February 2014 cargo volumes in the Port of Los Angeles decreased 8.9 percent compared to the same month last year informs the Port in its latest report. The Port considers that the decrease is due in part to the Chinese New Year, which closed many factories in Asia for two to three weeks in
Source: novinite.com First Investment Bank, the main creditor of the Burgas Shipyards AD, has expressed interest in handing over management of the company to a German investor. Radoslav Valchev, a representative of the Bulgarian office of the German company
In a ceremony at the U.S. Chamber of Commerce, the Overseas Private Investment Corporation’s (OPIC) President and Chief Executive Officer Elizabeth L. Littlefield presented Ellicott Dredge Enterprises, LLC and its Ellicott Dredges LLC entity with OPIC’s inaugural “Impact
Belgium Diesel Engine Manufacturer Provides Main Engine for Alaska Fishing Vessel. When the owners of the fishing pollock trawler, Great Pacific decided they needed to purchase a new main engine to replace their MAN B&W Alpha 10V23L-VO they took a hard look at all the engine manufacturers