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License Agreement

MAN Diesel & Turbo, QMD Ink License Agreement at SMM

On Tuesday September 9, 2014 at Hamburg’s SMM Marine trade fair, MAN Diesel & Turbo signed a new license agreement with QMD, a member of the CSIC Group together with Dalian Marine Diesel Co., Ltd. and Yichang Marine Diesel Engine Co., Ltd. In the process, QMD became MAN Diesel & Turbo’s 12th Chinese licensee. QMD (Qingdao Haixi Marine Diesel Co., Ltd) can boast of a modern facility dedicated to the production of large, two-stroke engines in NE China. Klaus Engberg, Senior Vice President and Head of MAN Diesel & Turbo Two-Stroke Licensing said, “We have today signed an agreement that increases our presence in the northerly part of China, such that we now have a greater geographical reach in this important market and are better able to reach customers in this part of China.” “For over 30 years, we have had a successful license agreement with CSIC, which QMD belongs to, and we look forward to an equally fruitful cooperation with our new licensee,” Engberg added. mandieselturbo.com  


Wärtsilä and Nuclep Sign License Agreement

Wärtsilä entered into license agreement with Brazilian company Nuclebras Equipamentos Pesados SA. The agreement grants Nuclep the right to manufacture certain types of Wärtsilä's most modern electronically controlled common rail two-stroke marine diesel engines between 50 and 68 cm bore size at their premises in Itaguai with a targeted annual output of six to ten engines. The first delivery of a Wärtsilä engine is scheduled for beginning of 2008.


Mitsubishi: First-Ever Licensing Deal to Chinese for Marine Propellers

The signing ceremony.

Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI),  concluded a licensing agreement with Changzhou Zhonghai Marine Propeller Co., Ltd. (CZZH) under which MHI-MME provides CZZH the manufacturing and marketing rights to its marine propellers.   MHI-MME has previously licensed a variety of its marine machinery to Chinese companies - including 2-stroke low-speed engines, marine auxiliary boilers


MHI to License KU Gas Engine Technologies to ZGPT of China

Photo: MHI

Mitsubishi Heavy Industries, Ltd. (MHI) concluded an agreement with ZGPT Diesel Heavy Industry Co., Ltd. (ZGPT), a Chinese manufacturer of stationary and marine engines, under which MHI will license its KU gas engine technologies to ZGPT. The move is targeted in the near term at seeking further penetration of the KU gas engines in the Chinese market as that market continues to mark robust growth, and beyond the near term at entering the local market for gas-fired distributed power generation


Grants Licenses To Build Seven F&G Designs

Friede & Goldman, Ltd. announced that it has completed licensing contracts for the construction of four JU-2000E jackup rigs and for three ExD semi-submersible designs. These seven licensing agreements combined with their contract engineering projects bring F&G’s total contracts value to an all time high and enhances F&G’s reputation as the leader of independent conceptual design of mobile offshore drilling units. The licensing agreements to build four F&G designed JU-2000E jackup


Helwan Diesel, Steyr Motors Agreement

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Helwan Diesel Engine Company, Kairo, Egypt and Steyr Motors GmbH, Steyr Austria have signed a commercial license agreement for the production and distribution of Steyr four and six cylinder Monoblock diesel engines for applications such as stationary alternators, pump drive systems and commercial vehicles. (www.helwandiesel.com) (www.steyr-motors.com)


Wärtsilä Extends License Agreement to Yichang Marine Diesel

Wärtsilä Switzerland Ltd and Yichang Marine Diesel Engine Plant (YMD) of Yichang, China, jointly signed an agreement in January 2007 to extend the existing license agreement for the manufacture and sale of Wärtsilä low-speed marine diesel engines. The new agreement enables YMD to deliver also certain types of low-speed engines designed and developed by Mitsubishi Heavy Industries Ltd, Japan. Wärtsilä Switzerland Ltd is fully owned by Wärtsilä Corporation, Finland


New License Management Tool for GHS Users

Areas of application for GHS NETplus include salvage and other specialized operations that require remote use of GHS software.    Prior to travel, a GHS license may be loaded onto a networked PC, disconnected from the network, and deployed off-site for a determined amount of time.  No more dongles or expiring keys to worry about with NETplus - the system automatically returns the checked-out license to the library on the due date so it's available for the next user.


Zhu Named President Wärtsilä China

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John Zhu has been appointed President of Wärtsilä China, Ltd. as of January 1, 2009. Zhu’s most recent appointment was as Country Manager for Eaton Truck & Bus Components in , a position he has held since 2005. Eaton Corporation is a diversified industrial manufacturer headquartered in the . Zhu has also held other managerial positions in the automotive industry and in the consultancy business, both in and in the .


The Return of U.S. Underwater Services

Benford Capital Partners LLC and Coppermine Capital LLC  acquired the assets of Neptune Underwater Services (USA) LLC, the U.S. diving business of Neptune Marine Services Limited (“Neptune”), in a newly-formed entity, called U.S. Underwater Services LLC Benford Capital and Coppermine, in partnership with the Company’s management team, are acquiring the business for the second time, after selling it to Neptune in 2007. The name U.S


NASSCO Licenses LNG Containment Tech to Braemar

Image: Braemar

General Dynamics NASSCO and Braemar LNG BV announce LNG containment technology licensing agreement   General Dynamics NASSCO and Braemar LNG BV, a wholly owned subsidiary of Braemar Shipping Services PLC, have signed a technology licensing agreement for Braemar to use NASSCO’s


Willard Licenses SeaArk Commercial, Military Boats

Photo courtesy of Willard Marine

Willard Marine, Inc., has entered into an exclusive licensing agreement with SeaArk Marine, Inc., to build all of its commercial and military boat models, of which 7,000 have been sold worldwide since SeaArk Marine’s founding nearly 60 years ago.


Rolls-Royce Shedding Turbine, Compressor Units

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Rolls-Royce confirmed today that it has completed the deal to sell its Energy gas turbine and compressor business to Siemens for a £785 million cash consideration. The deal was originally announced on 6 May this year. Rolls-Royce has also received a further £200 million for a 25


EMGS Reports Multi-client Sales

New multiclient data Barents Sea sales for EMGS

  Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. "This sale confirms the increased recognition of the


Rosneft Completes Geological Survey

Rosneft completes offshore geological survey program for 2014

  Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014. In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations


UDIN Engineering Boosts FORAN in Korea

FORAN 3D model of the MR Tanker

UDIN Engineering boosts FORAN in Korea Busan-based Unique Design and Intellectual Networks Engineering Co., Ltd. (UDIN) has recently entered into agreement with SENER Korea Engineering and Systems Co., Ltd. (SKES) for the permanent license of the FORAN System and related technical assistance.


EMGS Reports Multi-client Sales

CEO Roar Bekker

  Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.   "It satisfying to note that our multi-client library continue to


License Agreement Signed by MAN Diesel & Turbo at SMM

License agreement signed by MAN Diesel & Turbo at SMM

  On Tuesday September 9, 2014 at Hamburg’s SMM Marine trade fair, MAN Diesel & Turbo signed a new license agreement with QMD, a member of the CSIC Group together with Dalian Marine Diesel Co., Ltd. and Yichang Marine Diesel Engine Co., Ltd


Gabadi is First Outfitter Licensed by GTT

On the occasion of SMM in Hamburg, Gaztransport & Technigaz (GTT) and Gabadi S.L. have signed a Technical Assistance and License Agreement (TALA), making Gabadi the first outfitter licensed by GTT. Gabadi received its outfitter's approval after successfully completing the qualification


Drydocks World to Participate in SMM 2014

Khamis Juma Buamim Chairman Drydocks World and Maritime World

  Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding, Machinery, and Marine Technology (SMM) Exhibition, from September 9-12, 2014


WTO Rules Against Argentina Licensing Rules in Row with US, EU, Japan

A World Trade Organization (WTO) dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union, and Japan against Argentine import licensing rules used to restrict imports. The three trade powers argued that Argentina did not grant licenses to


Murray Relieves Ver Hage of NSWC Corona's Command

Change of command at  Naval Surface Warfare Center

  Cmdr. Steve Murray assumed command of Naval Surface Warfare Center, Corona Division from Capt. Eric Ver Hage during a change of command ceremony held Friday, Aug. 1. Rear Adm. Lawrence F. Creevy, commander of the Naval Sea Systems Command Naval Surface Warfare Center


Wärtsilä to Divest its Shares in Two-stroke JV

Wärtsilä to divest its shares in QMD two-stroke joint venture Wärtsilä announced that it will divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co. Ltd. (QMD), the joint venture company established for manufacturing large low-speed marine


Rosneft Starts Geological Exploration In Barents, Pechora Sea

Courtesy Rosneft

  Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky


EMGS Receives New contract From Tullow Oil

BOA Thalassa

  Electromagnetic Geoservices ASA (EMGS) has received a signed contract from Tullow Oil Norge AS worth USD 7.7 million for 3D EM data acquisition in the northern part of the North Sea. "We are delighted to work with Tullow again, and also






 
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