Diesel Engine Market Expands

Thursday, November 30, 2000
Finnish engineering group Wärtsilä said its share of the global marine engine market in the 12 months to end-May dipped to 28 percent from 29 percent a year ago, but the market had grown considerably. Wärtsilä referred to the global market share for its Wärtsilä and Sulzer engine brands cited by the industry journal Diesel & Turbine Worldwide and said that the overall market had grown by 38 percent to 23,743 MW. "Wärtsilä and Sulzer have increased their market share in large, over 15 megawatt engines to 41 percent (from 39 percent)," Wärtsilä said in a statement, but said its market share in smaller engine categories had fallen. Wärtsilä, formerly Metra, said that the large engine market had grown by 41 percent in the review period. "Lower market share in the smallest engines was partly due to the partition of the Cummins Wärtsilä joint venture," it said. The venture was split up by its two owners in February.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Rosneft says Exxon Still Continues to Work With it in Arctic

Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.

ICC Conference Focuses on Platform to Settle Disputes

The 5th ICC International Commercial Mediation Conference has brought together leading mediators, arbitrators, corporate managers and in-house counsel from around

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Marine Propulsion

Dann Marine Repowers With Cummins Tier 3 Engines

Dann Marine Towing, LC., is a fifth generation family owned and operated tugboat company based in Chesapeake City, MD. The model-bow twin-screw tug Sea Coast was

MAN-Powered Cargo Vessel Meets Tier III

Classification society awards SCR system emissions certificate. MAN Diesel & Turbo has been awarded a Tier III - compatibility certificate by the DNV- GL classification

Vroon’s VOS Famous Launched

Vroon’s newbuilding ERRV, VOS Famous, was launched in China yesterday. This 50-m ERRV (emergency response and rescue vessel) is under construction at Nanjing East Star Shipyard.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Repair 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: 0.1057 sec (9 req/sec)