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 Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

Kalmar 5th Generation Gloria Reachstackers Enter US

Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful

Foster Wheeler & MDM Engineering Merged

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)

Energy

Oversupply, Ebola Fears Drive Oil Below $86

* Middle East supply remains strong * Equities fall on confirmed case of Ebola in New York * Economists see gloomy 2015 for China, euro zone - Reuters

New Oil Field Found in British North Sea

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

Foster Wheeler & MDM Engineering Merged

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)

 
 
Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1509 sec (7 req/sec)