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Wärtsilä signed an agreement with China State Shipbuilding Corporation

Wärtsilä Corporation Trade press release, published 13 December 2016 at 10:00 AM E. Europe Standard Time 

Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corporation (CSSC), based in Jiujiang , China. The two-way agreement 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 CSSC customers. 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.  

CSSC is the largest group of shipbuilding companies in the world with a significant need for robust BWMS technology for their Chinese and international customers.  

“This is another landmark agreement forming an important new partnership in China. 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. Our combined global service networks also ensure that the BWMS units are fully supported wherever and whenever needed,” says Dr Joe Thomas, Director, Ballast Water Management Systems, Wärtsilä Marine Solutions. 

“This milestone event represents a promising start to our two companies’ partnership. The signing of this agreement will promote the further cooperation between the two companies,” says Mr Zou Xiubin, Director, Jiujiang  Precision Measuring Technology Research Institute.

The agreement has a 6 year initial term. The two companies will support each other in delivering the BWMS technology to a broader customer base, and in providing long term global service support and sales of spare parts for the companies’ combined customer base.