at Wärtsilä in China
The technology group Wärtsilä and COSCO Shipping Specialized Carrier Co., Ltd (COSCO SSC) have signed a framework agreement for strategic cooperation in establishing a comprehensive partnership in shipping and logistics. The agreement was signed in Guangzhou, China on 2nd September, 2020.
By combining the experience, expertise and competence of the two companies, both of whom hold strong positions in the marine market, this partnership will create synergistic advantages that will support their core businesses. The two parties will also further deepen their cooperation in smart technology, marine power, systems, voyage optimisation, and complete lifecycle solutions. .
“We are delighted to be partnering with COSCO SSC, a company that is known globally for its large scale fleet operations with specialized carriers. The cooperation not only lays a solid foundation for future growth, but also underscores the mutual respect and appreciation that we have for each other’s expertise and experience.” says Östen Lindell, Director, Marine Unit East Asia & China, Wärtsilä.
“We have maintained good cooperation with Wärtsilä in ship equipment and services for many years. Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets, and we look forward to working more closely with them for a win-win future.” Says Wu Liangming, Deputy General Manager of COSCO SSC.
COSCO Shipping Specialized Carriers, part of China COSCO Shipping Corporation Limited, operates a fleet of more than 100 vessels, including multi-purpose and heavy lift vessels, semi-submersible vessels, pure car carriers, log carriers, as well as asphalt carriers.
Media contact(s) for more information on this release:
Ms Ashley Wang
Communication Manager
Wärtsilä China
Tel: +86 21 5858550-5548
ashley.wang@wartsila.com
Image caption: Wärtsilä& COSCO Shipping Specialized Carrier Co., Ltd signed a strategic cooperation framework agreement in Guangzhou, China
Copyright: Xu Feixing, COSCO Shipping Specialized Carrier Co., Ltd
All Wärtsilä releases are available at https://www.wartsila.com/media/news-releases and at http://news.cision.com/wartsila-corporation where also the images can be downloaded.
Wärtsilä Marine Power in brief
Wärtsilä Marine Power leads the industry in its journey towards a decarbonised and sustainable future. Our portfolio of engines, propulsion systems, hybrid technology, and integrated powertrain systems deliver the reliability, safety, and environmental performance that Wärtsilä’s Smart Marine vision encompasses. We offer our customers performance-based agreements, lifecycle solutions, and an unrivalled global network of maritime expertise.
www.wartsila.com/marine
Wärtsilä in brief:
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
