Wärtsilä Acquires Propeller Repair Business

Thursday, January 11, 2007
Wärtsilä has signed an agreement to acquire the entire business of the South African company Marine Propeller (Pty) Ltd in Cape Town, South Africa. Marine Propeller (Pty) Ltd is privately-owned and focuses mainly on repairing propellers. A minor part of the business is casting small propellers. This acquisition will expand Wärtsilä's offering in South Africa to include propeller repair. The knowledge, good reputation and customers that Marine Propeller will bring provides a good basis for this. Along with an increase in the marine and power plants businesses, Wärtsilä is looking for further expansion and a broadened services offering in southern Africa. The acquired business will be moved to Wärtsilä's new premises in Cape Town by mid 2007 and its personnel of 8 persons will become Wärtsilä employees.
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Odfjell Reports Best Quarter Since 2008

In what it is calling its best quarterly performance since third quarter 2008, the Odfjell Group for the second quarter of 2015 reported net results of $7 million.

Great Lakes Shipyard to Build Guatemalan Harbor Tug

U.S. shipbuilding and repair yard Great Lakes Shipyard informs it has signed a contract to build another of its HandySize Class, 3,400 HP twin-screw tugboat for

BAE Systems Welcomes Record Number of Paid Interns

More than 140 university students from across the country are being given a unique insight into working life at BAE Systems, as part of the company’s 12-week summer internship program.

Maritime Security

Shippers Cannot Relax Their Guard in SE Asia -MAST

Following a spate of six attacks in the Singapore Straight over the weekend, maritime security provider MAST is calling for shipping companies to strengthen their

Malaysia, Indonesia Team up to Fight Piracy

An increase of incidents of piracy and armed robbery in SouthEast Asia has prompted Malaysian and Indonesian law enforcement to form a joint rapid deployment team in response,

US Plans More Maritime Drills in Asia

The United States will increase the number of drills it conducts in the Asia-Pacific as part of its new strategy to counter to China’s expansion in the South China Sea,

 
 
Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Salvage 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: 0.4532 sec (2 req/sec)