The two-way agreement, for an initial six-year term, comes into immediate effect and provides CSSC with access to technology and the rights to manufacture the Wärtsilä Aquarius EC Ballast Water Management System (BWMS) under license for applications to its customers, Wartsila said in a press release.
In return, Wärtsilä gains access to CSSC's new manufacturing facility, thereby further supporting supply and demand needs for the Wärtsilä BWMS direct to Wärtsilä customers.
Wärtsilä retains ownership of the Aquarius Electro-Chlorination (EC) technology and all associated Intellectual Property rights, while CSSC will manufacture the system for sale and installation with CSSC newbuild and retrofit projects.
CSSC as a major shipbuilding group has a significant need for robust BWMS technology for their Chinese and international customers. The system will be supplied with Wärtsilä Type Approval.
"This is another landmark agreement forming an important new partnership in China. It facilitates the supply of Wärtsilä Aquarius EC BWMS to a significant provider in the Chinese marine market, both for new shipbuilding and retrofit projects. By combining the strengths of our two companies, we can more effectively meet the growing demand for EC BWMS for medium to large vessel applications" said Ballast Water Management Systems director at Wärtsilä Marine Solutions, Joe Thomas.
"As a subsidiary of CSSC, our institute has strong design and manufacturing capabilities. We have easy access to the resources concerning shipbuilding and retrofits for marketing and sales of BWMS systems, and Wärtsilä, as a significant global marine equipment supplier, has great advantages in technical support and global after sales service," said Zou Xiubin, director of Jiujiang Precision Measuring Technology Research Institute.