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

People & Company News

Wärtsilä Reports Healthy Ship Power Sector in Q1 2014

In its interim financial report January to March 2014 Wärtsilä notes healthy development in ship power and services offsetting challenges in power generation markets.

No Lift for Konecranes as Q1 2014 Profit Slips

Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March 2014 operating profit,

GulfMark Offshore Records Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

Contracts

Canadian Icebreaker Refit Contracts Awarded

The Canadian Government informs it has awarded a $6.5 million contract to Babcock Canada Inc. for critical refit work for Canadian Coast Guard ship 'CCGS Louis S.

Atkins Gain Maersk Oil Engineering Contract

Design, engineering and project management consultancy Atkins, says it has been awarded an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea.

Newport News, ODU Partner for Bachelor's Degree Program

Huntington Ingalls Industries (HII) announced today that apprentices at Newport News Shipbuilding will now have the opportunity to earn a bachelor of science degree

Offshore

GulfMark Offshore Records Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

Offshore Oil & Gas: Brazil’s Northern Frontier

In an effort to spread out oil and gas production to other parts of the country and increase overall oil production, Brazil has finally intensified hydrocarbon

Safety the Focus as Heavy Lifting Picks Up

Modern heavy lift capabilities are crucial for safe, efficient operations offshore Heavy lift operations offshore are an awe-inspiring feat, but an operation that

News

Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

Body Of Korean Boy Who Raised Alarm On Sinking Ferry Found

The body of a South Korean boy whose shaking voice first raised the alarm that a passenger ferry with hundreds on board was in trouble has been found, his parents believe,

UASC Introduces New Asia - Europe Network

UASC has introduced its new Asia – Europe Network with three new services (AEC1, AEC3, AEC4), and two enhanced services (AEC8, AEC9). These services will broaden

Marine Equipment

No Lift for Konecranes as Q1 2014 Profit Slips

Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March 2014 operating profit,

Peel Ports Signs £100M Contract For Cranes For New Liverpool Terminal

Peel Ports Group has signed a multi-million pound deal with Shanghai-based Zhenhua Heavy Industries Co. (ZPMC) for 17 ‘mega cranes’ for its new £300m Liverpool2 container port.

Claxton’s Camera Upgrade Puts Crane Safety in Focus

Claxton Engineering Services Ltd, an Acteon company, launched the latest version for its ATEX and safe-area crane boom cameras to improve operational safety through

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.1366 sec (7 req/sec)