Wärtsilä Invests in the Steerable Thrusters

Wednesday, November 01, 2006
Wärtsilä Corporation will invest in the manufacture of steerable thrusters in China and the Netherlands. The investment value is $11m. In China, Wärtsilä will invest in the machinery and assembly equipment for the manufacturing of Lips Compact Thrusters in the Wuxi factory. This will allow the transfer of the assembly of such smaller type thrusters from the Netherlands to China during 2007.

In Drunen, the Netherlands, the investment will cover an assembly hall including tooling for the larger Lips Modular Thrusters for offshore applications. The investment will thus enable the Drunen factory to focus on the large thrusters. The investment will support the expectations for growth in the market. Wärtsilä, for example, is gaining an increasing number of orders from the offshore industry for propulsor units to be supplied to semi-submersible rigs and drill ships as well as pipe-laying and heavy-lift vessels. There is also growth in the numbers of supply and support vessels and offshore terminal tugs to be equipped with Wärtsilä propellers. The new capacity in China and the Netherlands will come into production by mid 2007.

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

People & Company News

MNZ Inspectors Board Fishing Vessels Off South Island

A joint operation by Maritime New Zealand (MNZ) and the New Zealand Defence Force – Operation Moana – has seen 16 fishing vessels operating off the west coast of

Australian Navy Delivers Solomon Island Supplies

Two Royal Australian Navy landing craft have delivered vital supplies to remote communities in Solomon Islands as part of Australia’s commitment to provide support to the region.

Seacure Higher Flow-Rate BWTS Certified by BSH

Evoqua inform that the Federal Maritime and Hydrographic Agency of Germany (Bundesamt für Seeschifffahrt und Hydrographie- BSH), which previously granted the Evoqua

Patrol Boats

Gladding-Hearn Delivers Third NYPD Boat

With more than a dozen patrol boats and a fireboat built by Gladding-Hearn Shipbuilding, Duclos Corporation, operating in New York Harbor, the Somerset, Mass.,

Fourth National Security Cutter Delivered to USCG

The Coast Guard accepted delivery of the fourth National Security Cutter, Hamilton, in Pascagoula, Mississippi, Monday. Hamilton will be the first of two NSCs to be homeported in Charleston,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1204 sec (8 req/sec)