A New Wärtsilä Company to Serve the Baltic Region

Wednesday, March 01, 2006
Wärtsilä Corporation and the BLRT Grupp of Estonia will set up a second joint venture to service ships in the Baltic area. The joint venture will be owned 51% by Wärtsilä and 49% by the BLRT Grupp. Establishing a service company is integral to Wärtsilä's strategy of strengthening its position as the Total Service supplier to its marine customers. The new company will be named Wärtsilä BLRT Services Klaipeda UAB and it will provide a single source of marine service covering all aspects of ship repair including servicing of engines, gearboxes, propellers, and other ship equipment. Wärtsilä BLRT Services Klaipeda UAB will operate in Klaipeda, Lithuania. The new company will start with some 50 employees in Klaipeda but with the facility to draw on the extensive resources of both Wärtsilä and the BLRT Grupp according to the needs of individual service jobs. The joint venture will bring significant benefits to the customers of both Wärtsilä and the BLRT Grupp, as well as to the companies themselves. Wärtsilä BLRT Services Klaipeda UAB will provide services to customers with full shipyard repair facilities in the Baltic region.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Energy

Brazil's CEEE to sell stakes in Wind Farms, Dams

Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms,

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

US Oil Drillers Cut Rigs to Least in 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.1037 sec (10 req/sec)