Wärtsilä Extends Licence Agreements

Press Release
Friday, December 21, 2012

Wärtsilä, a solutions and services provider, has signed new licence agreements with seven of its long-term Chinese partners.

 

CSSC (China State Shipbuilding Corporation) has been a Wärtsilä licensee since 1978, and four of its engine companies have signed new agreements giving them licence to manufacture, sell, and service Wärtsilä low-speed engines for a further ten years. The four companies are HHM (Hudong Heavy Machinery Co Ltd), CMD (CSSC-MES Diesel Co Ltd), CME (Zhenjiang CME Co Ltd) and GMD (CSSC Guangzhou Marine Diesel Engine Co Ltd).

Similarly, three companies belonging to CSIC (China Shipbuilding Industry Corporation), a licensee since 2004 when it demerged from CSSC, have also had their Wärtsilä licences renewed. The relevant companies are DMD (Dalian Marine Diesel Co Ltd), QMD (Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co Ltd), and YMD (Yichang Marine Diesel Engine Co Ltd). The agreements were signed during a ceremony held on 3 December 2012 in Shanghai and cover the period from 2013 to 2022.

 
Under the terms of the newly signed agreement, the seven companies are licensed to manufacture and sell the full range of Wärtsilä RTA, RT-flex, and Generation X low-speed marine diesel engines within their specified territories. Speaking at the signing ceremony, Mr Qin Wenquan, Chairman of the Board of Hudong Heavy Machinery Co Ltd and chairman of the board of CSSC-MES Diesel Co Ltd, said: "The application of new technologies has made the Wärtsilä two-stroke engine extremely competitive in terms of fuel consumption, exhaust emissions, and performance. More and more shipyards and ship-owners are indicating their preference for Wärtsilä engines." He further emphasized that: "As regards mutual co-operation, Wärtsilä continuously strengthens its communication with licensees, and provides strong support in both technology and marketing aspects. This has been especially relevant during the recent depressed market situation, where Wärtsilä has stood tightly with the licensees to overcome the difficulties together."

 
Mr Wu Shu, President of Dalian Marine Diesel Co Ltd, representing CSIC, thanked Wärtsilä in his speech for the past co-operation and looks forward to further strengthening it in the future. He mentioned especially the support that Wärtsilä has given in the successful manufacture of the RT-series of engines, and the newly developed Wärtsilä X72 engine for which Dalian Marine Diesel has already won orders. "Through our joint efforts, even more advanced engines can be developed", he said.

Martin Wernli, Managing Director of Wärtsilä Switzerland and Vice President, Wärtsilä Ship Power 2-stroke, underlined this theme in his speech at the signing ceremony. "Consistency in the terms and conditions under which we are working together, and consistency in the personal relationships between the staff members of our companies forms the basis of successful engine development, production and sales. Consistency is also what we need in the current challenging and rapidly changing market environment. In this way we can not only maintain but also further improve customer satisfaction by designing, manufacturing, selling and servicing world-class products with state-of-the-art technology."

The first orders for Wärtsilä's new Generation X (long-stroke) engines have already been received in China, the world's leader in merchant vessel shipbuilding.

 

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

People & Company News

ABS CEO Lays Out Vision for Technical Leadership at CMA Shipping

During the recent CMA Shipping 2015 conference in Stamford, Connecticut, ABS Chairman and CEO Christopher J. Wiernicki provided the conference's keynote address

Oceanex Named One of Canada’s Best Managed Companies

Oceanex Inc. was named one of Canada’s Best Managed Companies Gold Standard Members in 2014. This national award is sponsored by Deloitte, CIBC, National Post,

Navy Awards Austal $691M for Two Littoral Combat Ships

The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part

Contracts

FSL Trust Signs Charter Agreement with US Oil Company

FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust, has entered into a two-year time charter agreement with a prominent US

Navy Awards Austal $691M for Two Littoral Combat Ships

The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part

BMT Partners with Aage Hempel

BMT SMART (BMT),  has announced  that Aage Hempel has become an accredited service partner.  This agreement will provide both organizations with the opportunity

Marine Propulsion

US to Test 'Submarine' Drone That Can Launch from Ocean Floor

USA’s Defense Advanced Research Projects Agency (DARPA) is testing a drone that can hibernate on the ocean floor for years at a time before being launched to the

Palfinger Chooses NAMJet Waterjets

Netherlands-based Palfinger Boats has launched the first of two Damen-designed FRSQ 1200 fast-rescue/oil response vessels.   Built in Harderwijk, Netherlands,

ABG Ties Up with GTT for LNG Technology

ABG Shipyard Ltd has tied up with Gaztransport and Technigaz (GTT) of France for the maritime transportation and storage of liquefied natural gas (LNG), reports Livemint.

Shipbuilding

Largest All-Electric Pipe Bender Starts Operations at Newport News Shipbuilding

Unison has commissioned what is believed to be the largest all-electric tube bending machine ever produced. The machine has started operations at Newport News Shipbuilding,

SeaZip Takes Delivery of Damen Crew Suppliers

On 28 March, SeaZip Offshore Service named two new Damen Fast Crew Suppliers (FCS) 2610 at Damen Shipyards Gorinchem.   The two vessels, named SeaZip 3 and SeaZip 4,

Damen Delivers Stan Patrol Vessel to RBDF

The Royal Bahamas Defence Force (RBDF) has taken delivery of the fourth and final Stan Patrol 4207, named HMBS Rolly Gray. The four Stan Patrol 4207s form part of the six-year Sandy Bottom project.

Ship Repair & Conversion

Radio Holland Wins Ahrenkiel Contract

Ahrenkiel Steamship GmbH & Co. KG and Radio Holland Germany GmbH, part of Imtech Marine, have agreed a long-term maintenance agreement for the entire Ahrenkiel Steamship fleet,

EU Takes Tough Stance on Ship Scrapping in South Asia

The EU is set to ban owners from scrapping ships on South Asian beaches, according to news report in Reuters.   The new rules will require that EU-registered

ABG Ties Up with GTT for LNG Technology

ABG Shipyard Ltd has tied up with Gaztransport and Technigaz (GTT) of France for the maritime transportation and storage of liquefied natural gas (LNG), reports Livemint.

News

Largest All-Electric Pipe Bender Starts Operations at Newport News Shipbuilding

Unison has commissioned what is believed to be the largest all-electric tube bending machine ever produced. The machine has started operations at Newport News Shipbuilding,

Oceanex Named One of Canada’s Best Managed Companies

Oceanex Inc. was named one of Canada’s Best Managed Companies Gold Standard Members in 2014. This national award is sponsored by Deloitte, CIBC, National Post,

Navy Awards Austal $691M for Two Littoral Combat Ships

The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.4299 sec (2 req/sec)