CSSC Wärtsilä Engine, the joint venture company between Wärtsilä and China State Shipbuilding Corporation (CSSC), has opened its new production facilities located at Lingang, Shanghai.
The new 20,000 square meter production plant is the first in China capable of locally producing large-bore, medium speed diesel and dual-fuel engines.
“Being close to our customers in order to serve them better is central to Wärtsilä’s global strategy. It is an honour to be sharing this day with our joint venture partners, CSSC, one of China’s most modern industrial corporations. Together, we are supporting China’s shipping industry’s move into the age of LNG fuel,” commented Wärtsilä’s president & ceo Jaakko Eskola .
In the meantime, the jv has signed three separate engine supply deals with Hudong Zhonghua Shipbuilding, Waigaoqiao Shipbuilding and Ningbo Xinle Shipbuilding.
The joint venture was established in July, 2014 with CSSC holding 51% of the shares and Wärtsilä the remaining 49%.