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
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
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.
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
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
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.
Have you ever wanted to tour the largest dedicated thruster factory in the world located in Houston, Texas? Now you can. A peek behind the curtain of Thrustmaster of Texas, Inc. was typically available for customers and open day events but now this experience is available online
Maritime cluster Dubai Maritime City has announced its partnership with SalMar ASA, a Norwegian salmon farming company. The Dubai Cooperative Society for Fishermen, a Dubai government entity is supporting the new partnership. The venture is reportedly a "first-of-its-kind" in Dubai and
ABB recently entered a partnership with international energy company Statoil to develop power solutions for subsea oil and gas production. A key challenge they identify is to develop reliable long-distance power transmission technology and to build components that can function for several decades
On its capital markets day, Aker Solutions' Executive Chairman Øyvind Eriksen says: "While we will continue to build Aker Solutions, the focus on topline growth will be toned down and more attention will be paid to growing our profit and share price
Statoil and ABB have entered an agreement to develop solutions for subsea electrical power transmission, distribution and power conversion systems for water depths down to 3,000 meters and over long distances. The agreement is in the form of a cost-shared joint industrial program (JIP) led by
Located in Giessen, The Netherlands, Copier Bevel machines’ factory and engineering department designs and manufactures pipe finishing machinery, with a primary focus on stationary pipe bevel machines. Approximately 95% of the company’s market is export
Alaska Longline, LLC, and Alaska Ship & Drydock (ASD) will christen the F/V Arctic Prowler on Oct. 5, 2013. The ceremony for the new 136 ft. freezer longliner will be held at the Ketchikan Shipyard in Ketchikan, Alaska. F/V Arctic Prowler
In the first eight months of 2013, the Jotun Group reported sales of paint and powder coatings of NOK 8 174 million. This is an increase from NOK 7 686 million in the same period last year. The increase of 6% is in particular driven by larger sales in Middle East and Central Asia
Power providers are excellent bellwethers of the market at large, and according to Mikael Lindner, President, Scania USA, there are positive signs on the marine industry horizon. Scania USA today finds itself in an interesting position in the United States
At the 2013 International Workboat Show, Caterpillar is launching an unprecedented product support campaign, unveiling not only a new Cat® 3406 Marine Bundled Repair Solution but also Extended Service Coverage (ESC) for all available Bundled Repair Solutions.
Rolls-Royce has won its first contract to supply a new version of its innovative Promas Lite propulsion system to American ship owner Glacier Fish to improve propeller efficiency on its Guido Perla Associates designed factory trawler 'Alaska Ocean'.
Jamaica and Canada could both benefit from increased trade generated through the planned Jamaica Logistics Hub, according to Jamaica’s Minister of Industry, Investment and Commerce, the Hon G. Anthony Hylton who led a ten-day trade mission to Canada.
Marine industry solutions and services provider Wärtsilä was honored at the State University of New York (SUNY) Chancellor’s Society on October 28 in downtown New York. The event, hosted by SUNY Chancellor, Nancy Zimpher, was arranged to formally recognize top donors of the
Oil service company Danish Welltec signed an agreement to set up a factory in Esbjerg. The factory will enable Welltec to increase production and ensure the quality of the company’s newest and most advanced products, which are exported globally.
Rolls-Royce announced today that it has signed a contract for the delivery of design and equipment for a live fish carrier, to be built at the Tersan shipyard in Turkey for Faroese ship owner Bakkafrost. The contract is worth approximately £5.8 million to Rolls-Royce.