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
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
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.
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.
Huisman officially opened its new production facility in Navegantes, Santa Catarina state, in the south of Brazil on Thursday, April 16. The facility is used for the manufacturing of offshore equipment for the Brazilian market. It is located along the Itajai-Açu river
Japanese Yard to Build World’s Largest (20,000 TEU) Containerships Imabari Shipbuilding Co., Ltd. secured newbuild orders with the cooperation of Marubeni Corporation for eleven 20,000TEU Ultra-Large Container Carriers, when delivered the largest containerships in the world.
Prysmian SpA, the world's biggest cable maker, is confident of bagging orders this year to keep its high-margin subsea business order backlog at between 2.2 billion euros ($2.4 billion) and 2.3 billion, the head of the unit told Reuters.
Liebherr Maritime Cranes celebrated the grand opening of the new sales and service center in Durban, South Africa. The new African maritime hub was opened by a number of guests from the local industry and Liebherr representatives. Mainly as a result of the close cooperation with Transnet over the
Following an investment of 20 million euros, Wärtsilä's' new unit will produce and test motor generators and thrusters Wärtsilä's first unit at Porto do Açu in São João da Barra (RJ), Brazil, is today being inaugurated
The world’s second-largest container manufacturer Singamas Container reported 2014 net profit which is lower than the previous year, but is expecting a better 2015 bolstered by pent-up demand from shipping lines and the firm’s investment in a gateway province between China and
The first Wärtsilä two-stroke engine with a high pressure SCR (Selective Catalytic Reduction) system manufactured in China has been introduced. The system is fitted to a 5-cylinder Wärtsilä RT-flex58T-D 2-stroke, low speed engine produced at the Hudong Heavy Machinery
With Legislative Reform Committee giving the go-ahead for the suggested Suez Canal Project regulatory legal frame work, Egypt is offering investors massive projects worth billions of U.S. dollars for the development of the Suez Canal region.
Global coatings producer Hempel announced today that it has closed its previously announced acquisition of Jones-Blair Company, a North American protective and waterproofing market supplier. Terms of the acquisition were not disclosed.
Import cargo volume at the nation’s major retail container ports is expected to rise an unusually high 16.9 percent this month over the same time last year as West Coast ports begin to dig out from a backlog of cargo that built up during just-concluded contract negotiations with
Guangzhou Shipyard International (GSI) has not commenced the relocation of its factory. According to the plan of Guangzhou city, the shipyard should have finished factory relocation by the end of 2015 but the schedule is now delayed.
German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik. According to Director of the Far Eastern enterprise Yuri Filecroc
100 Orders received for ME-GI; second ME-GI engine dispatched by engine builder after successful Factory Acceptance Testing MAN Diesel & Turbo reports that its ME-GI engine has now received more than 100 orders. FLEX LNG announced on February 2 that two-stroke slow-speed ME-GI main
Voyage Data Recorder (VDR) supplier Danelec Marine today announced it is adding two new distributors in Brazil and Mexico to expand its distribution in Latin America. Telnav Telecomuniçacões Navais, in Rio de Janeiro, Brazil, and Indumar, based in Veracruz, Mexico
Hempel has opened its first factory in Africa, its 26th worldwide, to manufacture coatings for the marine as well as decorative and protective industries to serve customers in Sub-Saharan Africa. Further boosting its growth plans, Hempel acquired its South African toll manufacturer