CSSC, Wärtsilä Form E&A Joint Venture

China’s shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) and Finnish engineering company Wärtsilä have signed a deal to form a joint venture company which will focus on the growing Chinese electrical & automation (E&A) market in the segment of high-tech ship applications. 

The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation (CWE&A), is expected to be fully operational before the middle of 2017, according to Wärtsilä.

CWE&A will offer Wärtsilä electrical and automation systems and equipment for high-tech ships.

“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,” Jaakko Eskola, CEO of Wärtsilä, explained.

The business scope of the new venture will include project engineering, project management, commissioning and supply management of automation and navigation and communication systems.

In addition, the business scope will encompass systems including dynamic positioning, electric propulsion, power distribution, entertainment, architectural lighting, safety and security as well as full systems integration.

The joint venture owners will be CSSC Electronics Technology and Wärtsilä.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >