China Firm Obtains MHI Deck Crane License

Press Release
Wednesday, March 27, 2013
Principals at license signing ceremony: Photo credit MHI

Mitsubishi Heavy Industries, Ltd. (MHI) signs an agreement allowing STX Construction (Dalian) to produce & market marine deck cranes.

Through licensing to this company member of the STX group, which has shipyards in Korea, China and Europe, MHI aims to accelerate global market penetration of its technology-based marine deck cranes.

The deck cranes to be licensed are two models, currently on the market, having a 30-ton hoisting capacity and a working radius of up to 26 and 28 meters, respectively. MHI will supply STX Construction (Dalian) with components for the cranes, including hydraulic machinery.


MHI presently enjoys the largest share, 40%, of the Japanese market for deck cranes. For some time the company had been looking for a way to effectively penetrate sales into the shipyards of the STX group.  Meanwhile STX Construction (Dalian) had been seeking to enhance its deck crane portfolio through the addition of competitive machines. The intentions of the two companies thus meshed and led to the conclusion of the licensing agreement.


STX Group is a conglomerate headquartered in South Gyeongsang Province, S. Korea. The group's main business is shipbuilding, with shipyards not only in Korea but also in Dalian and in Europe.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ClassNK to Perform AWO Responsible Carrier Audits

The American Waterways Operators (AWO) and ClassNK have signed an agreement under which ClassNK will be authorized to conduct audits of AWO's Responsible Carrier Program,

Radio Holland Wins Contracts for Canadian Coast Guard Vessels

Radio Holland Canada has won two major contracts to support the Canadian Coast Guard. Public Works and Government Services Canada, which is responsible for government procurement,

Young Brothers Orders Four New Tugs from Conrad

Young Brothers, Limited, Hawai‘i’s largest inter-island cargo service provider, and Conrad Shipyard, signed a contract to build four new tugs, a nearly $80 million

Deck Machinery

MacGregor to Equip China’s New Polar Research Ship

The Polar Research Institute of China has ordered a new 14,300gt polar research vessel. Designed by Aker Arctic Finland, it will be the first vessel of its type to be built in China,

Advanced MacGregor Technology for Polar Research Ship

MacGregor, part of Cargotec, has won an order to supply MacGregor offshore cranes and a Triplex handling system for a 14,300gt polar research vessel being built

BigLift Shipping Expands Heavy Lift Fleet

BigLift Shipping said it has ordered a third Happy S-type vessel. The new build vessel, to be named Happy Sun, will be identical to BigLift’s Happy Star and will

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.0563 sec (18 req/sec)