Wärtsilä Signs Framework Agreement for Technical Cooperation with CCS

Wartsila Corporation, Trade press release, 31 October 2002 at 02:01 UTC+2

Ship Power of Wärtsilä China (WCN) and China Classification Society (CCS) signed “Framework Agreement for Technical Cooperation” to embark upon comprehensive cooperation in the marine field on January 30, 2013. The signing ceremony took place in the Shanghai Branch of CCS. Mr. Qiu Yi, General Manager, Key Account Team and Mr. Sun Feng, Vice President of CCS signed the agreement with the presence of both parties’ representatives.

CCS is a specialized organization of China to provide classification services. It aims to provide services for the shipping, shipbuilding, offshore exploitation and related manufacturing industries and marine insurance. Wärtsilä products and technology are closely associated with CCS’ service scope. Especially, environment compliance is the major topic for shipping industry in the next decades. Being the pioneer of total solution provider, wide range of Wärtsilä product portfolio and advanced environment technology will provide a benchmark for CCS to set industry standard and develop the concept of optimizing fuel efficiency.

'The signing of this agreement enables CCS to have a comprehensive cooperation with Wärtsilä in the field of approval of new products, ship type design, rules and standards development, research project as well as exchange of technical information.’ says Sun Feng, Vice President of CCS.

James Han, President of WCN says ‘Our customers regard Wärtsilä as an innovative, global technology leader with products and solutions designed to maximize their environmental and economic performance. The cooperation with CCS will contribute to market information exchange and communication in market exploration for both parties. It also enhances Wärtsilä product and technology promotion activities in China with CCS support to shipyards and ship owners.’

Both parties expressed that regular review of ongoing cooperation projects should be on the agenda as a next step after entering this cooperation agreement and look forward to a fruitful result.

For further information please contact:

Yeats Qiu
General Manager, Key Account
Ship Power , Wärtsilä China Ltd.
Tel: +86 21 58585500

Simon Qu
Director, Marketing & Communication
Wärtsilä China Ltd.

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.
In 2012, Wärtsilä’s net sales totalled EUR 4.7 billion with approximately 18,900 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

Wärtsilä in China
Wärtsilä has been present in China for more than 20 years, through its fully owned subsidiary and long-term licensing agreements. To serve the world’s largest shipbuilding region, Wärtsilä has established joint ventures for propeller and auxiliary generating set production with leading Chinese shipbuilding groups and a joint venture for automation services. Wärtsilä also manufactures thrusters at its 100 per cent owned company facilities, while low-speed engines are produced by eight licensees and by a joint venture company. New acquisitions of Cedervall in 2011 and Hamworthy in 2012 further strengthen Wärtsilä’s leading position in the global marine services and offshore, marine gas applications as well as environmental solutions markets.
In the marine market, the leading Chinese ship owners and shipyards are Wärtsilä customers. Wärtsilä Services provides service and maintenance for its customers from eight locations in China, the largest of which is in Shanghai. In the energy markets, Wärtsilä has delivered altogether 3,500 MW of power plants to China. Including Wärtsilä joint venture companies, there are currently more than 1900 Wärtsilä employees working in China.

CCS in Brief

Founded in 1956, China Classification Society (CCS) is the only specialized organization of China to provide classification services. CCS aims to provide services for the shipping, shipbuilding, offshore exploitation and related manufacturing industries and marine insurance by furnishing reasonable and reliable classification requirements and providing independent, impartial and integral classification and statutory services to ships and offshore installations, for the promotion and safeguarding of the safety of life and property at sea and for the prevention of pollution to the marine environment.

CCS is one of the thirteen full members of the International Association of Classification Societies (IACS), and chaired IACS Council respectively in 1996-1997 and 2006-2007. CCS has established 60 branches/offices both at home and abroad, forming a global service network.