New Offshore Crane Joint Venture: Palfinger Koch

MarineLink.com
Monday, October 07, 2013

Palfinger Dreggen and the Brazilian crane manufacturer Koch Metalúrgica have entered into joint venture Palfinger Koch  for manufacturing offshore cranes in Brazil.

Palfinger Dreggen has concluded an agreement with partner Koch Metalúrgica for entering into a joint venture named Palfinger Koch Montagens Industriais Ltda. for the purpose of joint assembly, testing and commissioning of offshore cranes in Brazil. The joint venture is based on an already existing and successful partnership between Palfinger Dreggen do Brasil, based in Rio de Janeiro, and Koch Metalúrgica, located in Cachoeirinha, Rio Grande do Sul. The agreement will strengthen Palfinger Koch’s ability to successfully deliver high-end offshore cranes with local content to the Brazilian offshore market. The strengthening of the partnership follows the contract awarded back in February for crane supplies for a total of seven drillships to Sete Brasil to the Sembcorp Marine subsidiary Jurong Offshore Pte Ltd. This contract will also be the first project to be processed by the joint venture. Palfinger Koch will be located in the state of Rio Grande do Sul and intends to invest in infrastructure in a suitable area in the region. Palfinger Koch will meet requirements from Brazilian offshore customers for customized, high-end offshore cranes with joint competence and based on decades of experience from deliveries of reliable heavy-duty and specialized cranes.

Positioning towards the demanding offshore markets in Brazil
Brazil in particular is one of the future markets for offshore cranes. Palfinger Dreggen is already well positioned in the Brazilian market with its own sales and service branch in Rio de Janeiro. Contracts for deliveries to the Brazilian oil and gas market require a competence, capacity and local presence represented by the joint venture Palfinger Koch. Expanding the growth in the Business Unit Offshore Cranes constitutes a further strategic step in opening up one of the most important markets for Palfinger Marine

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Chevron To Find Buyers for Hawaiian Refinery

Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

Rotterdam Integrates Safety Research with LNG Training Facility

The Dutch company Falck Risc is becoming the number one expert on LNG safety in Europe. Together with the Unified Fire Department, Falck Risc will draw up guidelines

Contracts

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Offshore

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

University of California Not to Divest from Fossil Fuels

The University of California voted on Friday to maintain its investments in fossil fuels, frustrating a student-led effort to divest its portfolio in oil, natural gas and coal.

Lilaas Engages Imtra for N. American Distribution

Strong prospects in the North American marine equipment market have triggered a new importation and distribution agreement between control specialist Lilaas

News

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

Tropical Storm Polo Threatens Battered Mexican Resort of Los Cabos

Tropical storm Polo barreled nearer on Friday to the Mexican Pacific resort of Los Cabos where thousands of troops were restoring order following widespread

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Marine Equipment

Lilaas Engages Imtra for N. American Distribution

Strong prospects in the North American marine equipment market have triggered a new importation and distribution agreement between control specialist Lilaas

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

MAN-Powered Cargo Vessel Meets Tier III

Classification society awards SCR system emissions certificate. MAN Diesel & Turbo has been awarded a Tier III - compatibility certificate by the DNV- GL classification

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators 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: 0.1886 sec (5 req/sec)