MAN Diesel Pre-empts Recycling Regs
For reasons of cost, the final scrapping of ships and the recycling of materials has gravitated to developing countries and attracts considerable criticism regarding the working conditions of the personnel involved and the disposal of possible harmful residues in the ships. In particular, given lifespans of merchant ships in the region of 30 years, the scrapped hulls can contain substances which have long been identified as hazardous and outlawed in many parts of the works. Examples are asbestos and lead which were widely used as insulation for pipes and in paints respectively, before their risks were recognized. To counter this situation…
Wärtsilä to Start Propeller Manufacture in China
Wärtsilä will begin manufacturing propellers in China. Wärtsilä's wholly owned company Wärtsilä Propulsion and Zhenjiang CME Co. Ltd (CME), wholly owned by the China State Shipbuilding Corporation (CSSC), have today signed a contract to establish a joint venture company. The company will be 55%-owned by Wärtsilä and 45%-owned by CME and its name will be Wärtsilä-CME Zhenjiang Propeller Co. Ltd. "China's shipbuilding industry is growing rapidly and 15% of new ships are currently built in the country. China also is developing into a significant production country for ship equipment. The propeller manufacturing in China is Wärtsilä's first step in developing its production in this growing market", says Wärtsilä's President and CEO Ole Johansson.
Wärtsilä to start propeller manufacture in China
Wärtsilä will begin manufacturing propellers in China. and Zhenjiang CME Co. signed a contract to establish a joint venture company. 45%-owned by CME and its name will be Wärtsilä-CME Zhenjiang Propeller Co. Ltd. "China's shipbuilding industry is growing rapidly and 15% of new ships are currently built in the country. also is developing into a significant production country for ship equipment. CEO Ole Johansson. CSSC is the leading shipbuilding corporation in China. competitive component suppliers for increasingly demanding ships. opportunities in the global market. The company will produce LIPS and Kaida brand propellers. world. The joint venture will commence operations in CME's premises in Zhenjiang some 220 km west of Shanghai. be the design and manufacturing expertise.
