L-3 Offshore, STX Engine Team Up

Monday, June 22, 2009

L-3 Offshore of Coventry, UK, has signed a teaming agreement with STX Engine, the subsidiary of South Korea’s STX Group, under which the two organizations are to collaborate in the marketing and supply of integrated power, electric propulsion, dynamic positioning and automation systems for the Korean offshore market as well as other STX Group concerns.

The agreement, recently signed in Seoul by Dong-Hak Chung, President and CEO of STX Engine and Klaus Lorenz, Vice-President European Operations of L-3’s Marine & Power Systems Group, is expected to consolidate L-3 Offshore’s access to local markets for ship building and operating equipment.  At the same time it will enable STX Engine to design, produce and supply electronic and electrical systems for offshore plants in addition to providing full testing support services.

Under the terms of the agreement also, STX Engine intends to market offshore plant engines and electro-mechanical systems as complete package assemblies.  It also anticipates increased co-operation with  STX Europe, particularly in Norway.

(www.L-3Com.com/MPS)

Maritime Today


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

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

People & Company News

MHI's Entity to Oversee Material Handling Equipment, Engine and Turbocharger Businesses

Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material

Globus Maritime Reclassifies Board Member

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28,

First Panama Canal Water-Saving Basin Filled

The Panama Canal Authority (ACP) announced that the first water-saving basin of the Agua Clara Locks’ upper chamber has been filled to the required level in order

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.0828 sec (12 req/sec)