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 Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Scanjet Secures 30-ship Tank Management Order

Scanjet Group has followed up its Tank Management order from Stolt-Nielsen with a series of contracts for its ITAMA Intelligent Tank Management concept including Tankcleaning,

Odfjell Finalizes LPG/Ethylene Joint Venture Deal

Following Odfjell SE’s May 16, 2014 announcement declaring the signing of a definitive agreement to form a LPG/E shipping joint venture, Odfjell today announced

Australia, US Order Anti-ship Missile Decoys

Design of the next generation of anti-ship missile decoys is set to commence following the signing of two contracts between the Australian Defense Force and BAE Systems Australia Pty Ltd.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority 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: 0.2043 sec (5 req/sec)