Cummins Engine Company News

According to a regulatory filing, Hyundai Heavy Industries (HHI) racked up 10.2728 trillion Korean won in sales for Q1 2016, a 7.8 percent decline from the previous quarter while operating income swung to a profit of 325.2 billion won, putting an end to a nine-quarter losing streak. The officer added, “We see the 1Q 2016 consolidated earnings have not deviated much from the annual performance goal we set up early this year. HHI also attributes the turnaround to a series of drastic…

Hyundai Heavy Industries & Cummins announce a J/V to build mid-range engines in Korea. The engines will extend from 150 hp to 300 hp (112-224 kW) output for application in a wide range of Hyundai construction and industrial equipment. The launch of the Hyundai Cummins Engine Company (HCEC) joint venture took place in Ulsan, Korea, with a ceremonial co-signing of the agreement by Byeong-Ku Choe, Chief Operating Officer and President – Hyundai Construction Equipment Division, and Rich Freeland, Cummins Vice President and President – Engine Business. The HCEC joint venture operation will be located in the city of Daegu, Korea, with engine manufacturing to commence in 2014. The new facility will have a capacity in place to build more than 50,000 engines per year at full production.

Blackhawk Fleet, Inc. operates towboats and barges along the Mississippi River out of Davenport Iowa. The city, on the Mississippi River 300-miles up river from St. Louis, has long been a maritime center. When 84-year old Capt. David Tipton died at the wheel of his snag-pulling steamboat in 1904 he was buried here. To honor the Mark Twain contemporary, his crew hauled an anchor from the river to mark his grave site. His vessel, the Col. A. Mackenzie was renamed the David Tipton. Tipton's death was declared the end of an era, but it hardly marked the end of riverboat work around Davenport. Today,Blackhawk's eight boats and 35 barges have a variety of capabilities including crane, deck and sand barges.

In the midst of a successful first year in the commercial marine market, Cummins-Case Credit Financial Services is announcing significant expansion of its commercial marine financing operation; with a new office in Seattle, and new employees appointed to manage the Gulf and Pacific regions. Since entering the market, sales have exceeded expectations. The company is entering into high quality financing contracts for barges, tug boats, push boats, fishing boats, other work boats and passenger vessels powered by Cummins engines in the U.S. and Canada. The company announced the appointment of Dean Chinnery, who joins as marine-sales finance manager, Pacific region, including Western Canada, Alaska, Hawaii and the western U.S. The company also announced the appointment of Robert F.

Cummins Marine, a division of Cummins Engine Company, is the first marine diesel engine manufacturer to receive IMO MARPOL 73/78 Annex VI emissions Statements of Compliance from the U.S. EPA for its marine engines. The Statements of Compliance cover Cummins' B, C, QSM11 and K series of marine propulsion engines, ranging from 180-2,000 hp. Cummins expects to receive similar compliance statements for its N14 and QSK19 propulsion engines and C series of generator drive engines. The company also announced it has successfully passed the first Lloyd's Register witness test of its B and QSK19 series marine engines, and it expects to receive Statements of Compliance from LR.

Cummins Marine, a division of Cummins Engine Company, is the first marine diesel engine manufacturer to receive IMO MARPOL 73/78 Annex VI emissions Statements of Compliance from the U.S. EPA for its marine engines. The Statements of Compliance cover Cummins' B, C, QSM11 and K series of marine propulsion engines, ranging from 180-2,000 hp. Cummins expects to receive similar compliance statements for its N14 and QSK19 propulsion engines and C series of generator drive engines. The company also announced it has successfully passed the first Lloyd's Register witness test of its B and QSK19 series marine engines, and it expects to receive Statements of Compliance from LR.

The Finnish shipbuilding industry has been in a state of flux for much of 1999 and entering 2000, with the Kvaerner shipbuilding pullout dominating the headlines. But while the search for new owners of the company's yards in Finland has kept the boardrooms busy, the business of pulling in valuable new orders to keep the facilities busy and building top-quality ships has not missed a step. The big and modern shipyards in Helsinki and Turku are world-renowned for the production of high-value, technically advanced ships, and this reputation and accrued expertise will surely remain well after the Kvaerner nameplate comes down. Whereas Kvaerner's exit from shipbuilding has been top news throughout the year, foreign investment and ownership within Finland is hardly a new topic.

Cummins Marine, a division of Cummins Engine Company, has received IMO MARPOL 73/78 Annex VI emissions Statements of Compliance from Lloyd's Register of Shipping for its B series, C series, QSM11 and N14 series marine engines. The company anticipates the Lloyd's Register certification will be recognized on a worldwide basis, as proper technical documentation for local emissions regulating agencies to meet customers' needs. Cummins Marine engine families are shipped with a data tag and technical file, identifying emissions compliance. This technical file contains copies of the U.S. EPA and Lloyd's Register statements of compliance to certify each engine.