Shanghai-listed CSIC Ltd, a unit of China Shipbuilding Industry Corp (CSIC), will transfer its 100% stake in two engine manfacturing subsidiaries to its parent for RMB589.1m ($90.1m), as part of the group’s assets restructuring.
A joint venture between Wärtsilä Engine and CSSC, known as CSSC Wärtsilä Engine (Shanghai) Co. Ltd (CWEC), has begun the ground-breaking process for its 20,000 sq m engine factory in Shanghai, China.
ABB Turbocharging, has signed long-term service agreements with DOF Group, Teekay, and Torghatten three companies covering a total of 400 turbochargers globally.
Caterpillar Marine undertaking another retrofit conversion for a dual fuel engine this time for the tanker Fure West.
Wärtsilä, MAN Diesel & Turbo and 30 others will collaborate EU-funded joint-industry project Hercules-2, for more efficient two- and four-stroke marine engines.
MAN Diesel & Turbo demonstrated a two-stroke methanol engine( ME-LGI concept) at its Research Centre in Copenhagen in front of existing ME-LGI customers and partners, including Westfal-Larsen, Marinvest, Waterfront Shipping/Methanex, Mitsui Engineering and Shipbuilding (MES), HHI-EMD, Mitsui OSK Lines (MOL), and Minaminippon.
Wärtsilä is to equip five new Arc 7 design ice-class LNG carriers being built at the Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea with 50DF dual-fuel engines.