Shipbuilding. Energy. Transport

On-line supplement
to the Maritime Market magazine

Shipbuilding. Energy. Transport Maritime Market magazine
Russian
Contacts
Search

Press Release

CSSC and Wärtsilä establish new Electrical & Automation joint venture

Technology group Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation Co Ltd (CWE&A), will focus on the growing Chinese electrical & automation (E&A) market, especially for high-tech ship applications. The joint venture company is expected to be fully operational before the middle of 2017.

China is a growing market within the high-tech ships segment, and Chinese yards are increasingly active in newbuild projects for high-tech and high-added value ships. CWE&A will supply China based customers with Wärtsilä electrical and automation systems and equipment for these ships. The business scope will include project engineering, project management, commissioning and supply management of automation, navigation and communication systems, dynamic positioning systems, electric propulsion systems, power distribution systems, entertainment systems, architectural lighting, safety and security systems, and full systems integration.

“First of all, I wish to express my sincere appreciation to CSSC for their good collaboration and visionary leadership. The CWE&A joint venture enables both Wärtsilä and CSSC to serve our customers better here in the world’s largest shipbuilding market. Vessels are becoming more complex, with E&A solutions being increasingly important, and as digitalisation enters the marine industry CWE&A will be well positioned to meet the needs of its customers in this field,” says Jaakko Eskola, CEO of Wärtsilä.

“We have a history of good and open cooperation with Wärtsilä over many years, and we can now look forward to another successful joint venture. Wärtsilä’s state-of-the-art technologies and our strong market position in China form the foundation for being able to give our customers the best possible service with advanced E&A solutions,” says Mr Wu Qiang, President of CSSC.

The joint venture owners are CSSC Electronics Technology Co Ltd and Wärtsilä.


Photo: The new joint venture company agreement is signed by Mr Yang Guobing, Chairman of CSSC Electronics Technology Co., Ltd, Mr Ma Yunxiang, Vice chief Economist, Director of Planning and Development Department, CSSC and Mr Stephan Kuhn, Vice President, Electrical & Automation, Wärtsilä Marine Solutions.

Media contacts:

Mr Stephan Kuhn
Vice President, E&A, Wärtsilä
Tel: +49 160 7133 737
Stephan.kuhn@wartsila.com

Mr James Han
Managing Director
Wärtsilä China
Tel: +86 13701708861
james.han@wartsila.com

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Marine Solutions
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund@wartsila.com


2017-03-07

Please see Wärtsilä Corporation /Wärtsilä Vostok, LLC (WRU)/ company electronic office

For more information, please contact:
Mirja-Maija Santala
Media Manager
Wärtsilä Corporation
Tel. +358 (0)400 793 827
E-mail: mirja-maija.santala@wartsila.com 

Wärtsilä Vostok, LLC (WRU)
Tel/Fax: +7 812 448-32-48
E-mail:
office.spb@wartsila.com  

Company press releases




Please contact us if you require further information about press release and advertising publishing on our web site.
Phone: +7 (812) 336 3130, e-mail: info@setcorp.ru

© 1998-2019, Print-Expo Co. Ltd., all rights reserved.

RSS яндекс.ћетрика Up