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 April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Wärtsilä wins BWMS Order for 3 Vessels

Wärtsilä has received another important order for its Ballast Water Management Systems (BWMS). Three new container ships being built for a major European shipping

New MD for Glander Int'l Bunkering (India)

Glander International Bunkering is proud to announce that Ajay Menon has been appointed as the Managing Director of Glander International Bunkering (India) Private Limited.

First Damen Twin Axe for Offshore O&G

To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities.

Patrol Boats

Sea Shepherd Global Launches Operation Siracusa

Following on from the incredibly successful 2014 campaign, Sea Shepherd Global launches Operation Siracusa 2015. Led by Sea Shepherd Italia, the campaign aims

Busan: Tugboat Sinks, Two Dead

Two crew members died after their tugboat sank in waters off the southeastern port city of Busan in Korea, Yonhap reports quoting the authorities.   The accident took place around 12:30 p.

Taiwan Offers South China Sea Peace Plan

Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that it says will reduce tensions that have put Beijing at

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage 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: 0.1983 sec (5 req/sec)