Doen Pacific Enters into Joint License Agreement

Press Release
Thursday, November 08, 2012

Doen Pacific as one of only 5 marine waterjet manufacturers in the world matching engines to 4,000kW, and CSIC, one of the two largest shipbuilding conglomerates in China, together with its Member WMMP, have jointly signed a license agreement for the manufacture and sale of WMMP‐DOEN Waterjets in China.


The signing ceremony took place on October 29, in Wuhan, China, and was attended by representatives of each company, headed by Mr. He Jiwu, Board Chairman and President ‐ Wuhan Marine Machinery Plant; Mr. Wu Jing, Vice‐Executive General Manager ‐ China Shipbuilding & Offshore International Co. Ltd, as the Technology Import channel for CSIC; Mr. Mark Peters, Director ‐ Doen Pacific Pty. Ltd; and Mr. Timothy Udvary, Director and Chief Engineer ‐ Doen Pacific Pty. Ltd.


"China's burgeoning growth in shipbuilding capacity during recent years has stimulated the rapid development of the marine diesel engine market, and in turn the requirement for waterjet propulsion. Doen Pacific are delighted to have formed this strategic partnership with CSIC and WMMP, and have every confidence this agreement will enhance Doen's presence in this region," said Mr. Peters.


The local manufacturing of the Doen Waterjet range is a key element in this joint strategy, and with WMMP having state of the art manufacturing, testing, and workshop facilities in Wuhan makes them an ideal partner for Doen Pacific in targeting the Chinese waterjet market, and complements their existing propulsion products.


"I am very confident this partnership is the right choice for both parties, and the CSIC Group looks forward to adding the Waterjet to the range of propulsion products currently manufactured by WMMP," said Mr. He Jiwu. Doen's latest range of 13 waterjet models, covering 100kW to 4,000kW will be manufactured and branded WMMP‐DOEN in China, and the Director's decision to license its waterjet technology is a landmark decision. The roll out of this Indigenous waterjet program in China will help negate the total reliance upon imported products. One thing is certain, as prices are reduced for waterjets the market will greatly expand.


Doen expects the first waterjets to be produced in the coming months.

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

RYDLYME Marine Selects GoM Distributor

RYDLYME Marine has named R Carter & Associates, Inc. of Mobile, Ala. a new stocking distributor for the Gulf of Mexico area, targeting shipyards, larger workboats,

MN 100: Elliott Bay Design Group

The Company: Elliott Bay Design Group (EBDG) is a Seattle-based, employee-owned enterprise with offices in New Orleans and Ketchikan that provides full-service naval architecture,

MN 100: Dometic Marine

The Company: Dometic Marine is an engineering leader of innovative products for the global marine industry and offers a large worldwide sales and service network.

Contracts

Willard to Supply Patrol Boats for the Philippines

The U.S. Department of State awarded a contract to boatbuilder Willard Marine, Inc., to provide the Philippine National Police Maritime Group with patrol vessels

RYDLYME Marine Selects GoM Distributor

RYDLYME Marine has named R Carter & Associates, Inc. of Mobile, Ala. a new stocking distributor for the Gulf of Mexico area, targeting shipyards, larger workboats,

Kirby Selects ABS as Subchapter M Solutions Provider

Proactive effort shows commitment to safety and environmental protection. ABS, a provider of maritime shipping and offshore classification services, has been

Shipbuilding

Willard to Supply Patrol Boats for the Philippines

The U.S. Department of State awarded a contract to boatbuilder Willard Marine, Inc., to provide the Philippine National Police Maritime Group with patrol vessels

Comprehensive Winch Outfitting for New Trawlers

Fishing company HB Grandi of Iceland recently awarded Naust Marine a contract for complete winch outfitting of three new 180 ft. fishing trawlers.   The contract,

CMA CGM Launches 18,000 TEU Containership

Container shipping firm CMA CGM Group has taken delivery of its newest colossal containership, the 18,000 TEU, 400-meter-long CMA CGM Bougainville.   Now the

Marine Power

CTruk Delivers Wind Farm Support Vessel

Shipbuilder CTruk Boats, a manufacturer of composite wind farm support vessels (WFSV), has delivered the second workboat in a two-craft order from CWind.   The

Rolls-Royce to Design, Equip Canadian Stern Trawler

The shipbuilding company VARD Group AS in Norway has received an order from a Canadian company for a shrimp stern trawler to be designed and equipped by Rolls-Royce,

Sea Breeze 2015 Kicks off in Odesa

Maritime forces from 11 nations kicked off the U.S.-Ukraine co-hosted multinational exercise Sea Breeze 2015 in Odesa, Ukraine and the Black Sea, Sept. 1. Sea Breeze,

News

USCG AIS Mandate Resource Center Launched

McMurdo informs it has launched an online resource center at to help impacted vessel operators comply with the requirements of the United States Coast Guard (USCG)

Libya Plans to Sell Ex-rebel Tanker

Libya plans to sell a tanker that a former rebel group used in an attempt to bypass the Libyan government and export oil on its own last year, the Tripoli-based state prosecutor said on Thursday.

RYDLYME Marine Selects GoM Distributor

RYDLYME Marine has named R Carter & Associates, Inc. of Mobile, Ala. a new stocking distributor for the Gulf of Mexico area, targeting shipyards, larger workboats,

Vessels

Willard to Supply Patrol Boats for the Philippines

The U.S. Department of State awarded a contract to boatbuilder Willard Marine, Inc., to provide the Philippine National Police Maritime Group with patrol vessels

Libya Plans to Sell Ex-rebel Tanker

Libya plans to sell a tanker that a former rebel group used in an attempt to bypass the Libyan government and export oil on its own last year, the Tripoli-based state prosecutor said on Thursday.

Former CIA Spy Ship Becomes Victim of Oil Slump

A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub is heading to the scrap yard, a victim of the slide in oil prices.   Christened the Hughes Glomar Explorer,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.6637 sec (2 req/sec)