Wärtsilä receives propulsion system and first...

Wärtsilä Corporation Press release 11 March 2009 Wärtsilä, the leading ship power system integrator for the marine industry, has signed a design and propulsion system order with Taiwan's Jong Shyn Shipbuilding for a product chemical tanker. The 6500 dwt vessel, due for delivery in 2011, is for CPC Corporation (CPC), a Taiwanese state-owned oil company. This is the first order through the Wärtsilä network for a design developed by Conan Wu Associates (CWA), a Wärtsilä Ship Design company, since it was acquired in September 2008. In addition to the design, Wärtsilä will deliver the entire propulsion system, which is to be based around a 9-cylinder in-line Wärtsilä 32 main engine, gearbox, and a controllable pitch propeller. Wärtsilä's extensive scope of supply includes other equipment, such as a bow thruster, the propulsion control system, and all shaft seals and bearings. The contract also includes the supply of an Integrated Automation System for not only the machinery spaces, but the entire ship. With an overall length of 110 m and an18 m beam, the single screw tanker will be equipped with a propulsion arrangement capable of delivering a ship speed of up to 13.4 knots, at design draught condition. Willy Perng, Sales Manager, Wärtsilä in Taiwan, said that Wärtsilä has enjoyed a good and long-standing relationship with the customer. CPC has already 12 sets of Wärtsilä two-stroke engines installed in its fleet. "The contract marks a significant milestone for Wärtsilä in that it is the first time we have dealt with the Jong Shyn shipyard. It is also the first time we have supplied CPC with new four-stroke main engines, and the first ever ship design we have sold in Taiwan," added Perng. "The shipowner had specified a modern, fuel-efficient, and environmentally sound ship, and Wärtsilä's integrated ship power and design solution was the best choice. Our package was more cost effective than that of our competitors as it included a life-time support and care package," said Perng. CWA, which now is a part of Wärtsilä Ship Design, was acquired by Wärtsilä to demonstrate Wärtsilä's commitment to becoming the leading provider of ship design services in specialized areas, including offshore and special vessels, as well as selected merchant vessels. The acquisition of CWA expanded the geographical scope of Wärtsilä's ship design services. It also complemented and broadened Wärtsilä's ship design competence to cover a larger range of vessel types, including smaller, less complicated, and more standardized vessels. CWA has its main operations in Singapore. The Jong Shyn Shipbuilding Group was established in 1985 and is located in the technical area for shipbuilding in the Qi Jing District of Kaohsiung City, Taiwan. Related material: Press release - 22 September 2008: Wärtsilä continues expansion within ship design - acquires Singaporean company CWA Link to picture Caption: Wärtsilä will deliver the design and propulsion system for the product tanker to be built by Jong Shyn shipyard in Taiwan. Media contact: Ms Marit Holmlund-Sund Senior Manager, PR and Marketing Communications Wärtsilä Corporation Direct tel: +358 10 709 1439 Direct fax: +358 10 709 1425 e-mail: marit.holmlund-sund@wartsila.com Internet: www.wartsila.com Wärtsilä Corporation in brief: Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of close to 19,000 professionals manning 160 locations in 70 countries around the world. Wärtsilä is listed on the Nordic Exchange in Helsinki, Finland. www.wartsila.com This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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