Construction work starts on Wärtsilä's China Project

Friday, September 23, 2005
The ground breaking ceremony which officially starts the construction work took place in China on the generating set factory jointly owned by Wärtsilä and Shanghai Marine Diesel Engine Research Institute, an underlying company of China Shipbuilding Industry Corporation (CSIC). The factory, which got the name Wärtsilä Qiyao Diesel Company Ltd. (Shanghai) will be located in the Shanghai area and will initially manufacture Wärtsilä Auxpac W20 diesel generating sets, which will be sold through Wärtsilä's global sales network. Production will start up in early summer 2006. "Our goal is to boost Wärtsilä's share of the ship genset market. The focus for shipbuilding is firmly in Asia and shipbuilding in China is expanding at an extremely fast rate. Local presence close to our customers will strengthen our position in the intense competition for gensets," said Executive Vice President Mikael Mäkinen. The newly acquired site area covering approximately 30 000 m2 with possibility for expansion will be located in South-East of Shanghai in Lingang Industry Zone. The factory including offices cover some 8000 m2 and will employ more than 100 people when reached matured stage. Shanghai Marine Diesel Engine Research Institute is well known for its diesel engines, engine room automation equipment, noise and vibration reduction solutions and for its petrochemical machinery products. The number of employees is 800. China Shipbuilding Industry Corporation (CSIC) is one of the largest groups in China in the field of military and merchant ships, marine engineering and marine equipment which it designs, manufactures and sells. CSIC consists of 48 industrial enterprises, 28 scientific technological research institutes and 15 shareholding companies. In 2004 CSIC's ship deliveries totalled 2.14 million DWT. It currently has an order book of 10.2 million DWT. The total number of employees is 170,000.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

InterMoor Completes Juniper Mooring Installation Contract

InterMoor has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago, reportedly the largest foundation

Seagull Secures Panama Flag Approval

Seagull Maritime said it has secured training center approval from the Panama Maritime Authority, marking the first time that an overseas company has done so following

26-year Jail Term Sought for Concordia Master

An Italian prosecutor asked a court on Monday to sentence the captain of the Costa Concordia cruise liner to more than 26 years in jail for his role in the 2012 disaster that killed 32 people.

Navy

New Defense Cooperation with India

Today, on his historic visit to India, President Obama and Prime Minister Modi announced new, ground-breaking agreements on defense cooperation between India

India-US “New Vision” for Asia Pacific and Indian Ocean

India and the USA on Sunday released a Joint Strategic Vision statement for the Asia-Pacific and Indian Ocean region, marking the deepening strategic equation between the two nations.

USS Cole Conducts Change of Command

The Arleigh Burke-class guided-missile destroyer USS Cole (DDG 67) conducted a change of command ceremony during a scheduled port visit in Piraeus, Greece, Jan.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.2190 sec (5 req/sec)