Wärtsilä to Set Up E&A JV with CSSC

first_imgzoom Finnish engineering company Wärtsilä and China State Shipbuilding Corporation (CSSC) have inked a Letter of Intent to form a new joint venture that will focus on China’s growing market for electrical and automation (E&A) solutions for marine applications. The planned activities of the joint venture include sales, marketing, engineering and project management for the E&A market. However, the full scope of the company’s operations is yet to be defined. The JV is expected to be operational at the beginning of 2017.“By combining our strengths in this field with the strong market position of CSSC, we can provide Asian owners and yards with the best possible solutions supported by local presence and capabilities,” Jaakko Eskola, Wärtsilä’s CEO says.The two companies are already partners in three joint ventures. Wärtsilä CME Zhenjiang Propeller Co Ltd (WCME), a company focused on the manufacturing of fixed and controllable pitch ship propellers, was jointly formed in 2004. In 2014, CSSC Wärtsilä Engine (Shanghai) Co Ltd (CWEC) was established for the local production of medium and large bore, medium speed, diesel and dual-fuel Wärtsilä engines.The third joint venture company, formed in 2015 by CSSC and Wärtsilä, is Winterthur Gas & Diesel (WinGD), specializing in the technical development and sales of Wärtsilä’s range of 2-stroke, low-speed marine engines.last_img read more

Over 160 triservice members and their family leave for India

Over 160 tri-service members and their family left for India today on pilgrimage, the Army media unit said.The Army said that 160 tri-service personnel and their family members, including 82 Army participants, left on a pilgrimage to Bodhgaya for the first time in their lifetime, thanks to a comprehensive friendly package, introduced by the Commander of the Army in collaboration with the Chief of the Army Staff of the Indian Army and the High Commission of India. The itinerary, prepared by the office of the Indian Chief of the Army Staff, the host of the tour would provide food, accommodation and all transport to the touring tri-service group at their cost. A few hours prior to their departure, the Commander of the Army, Lieutenant General Mahesh Senanayake and the Indian High Commissioner for Sri Lanka, Taranjit Singh Sandhu accompanied by senior officers of the sister services met the group belonging to the tri-services and wished them a happy journey.An Indian Air Force aircraft flew the group to Bodhgaya showing the Indian Army’s goodwill towards the Sri Lankan Defence Forces, the Army said. (Colombo Gazette) The project, designed closely by the Commander of the Army under the India-Sri Lanka Exchange Programme (Army to Army) in close cooperation with the High Commission of India enables pilgrims to visit Bodhgaya and other historical places of worship during their three-day stay (24-26) in India. read more