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.


Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

Deck Machinery

ACE Winches Bags Order from Vard

Deck machinery specialist ACE Winches said it has been awarded a spooling contract with Vard Group AS for Norway’s largest construction vessel.   The scope of work includes the spooling of two 3,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
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: 0.0588 sec (17 req/sec)