Marine Market in China - Overview slide image

Marine Market in China - Overview

Wärtsilä in China . . • Wärtsilä has been present in China for more than 20 years, through its fully owned subsidiary and long-term licensing agreements. Wärtsilä has established joint ventures for propeller and auxiliary generating set production with leading Chinese shipbuilding groups, and our thrusters are produced at our 100% owned company. We also have a joint venture with COSCO to offer automation services. Our low-speed or 2 stroke engines are produced in China by 8 licensees as well as a joint venture company. In the marine market, the leading Chinese ship owners and shipyards are Wärtsilä customers. Wärtsilä Services provides service and maintenance for its customers in China through eight locations. The largest one is located in Shanghai. • In the energy markets, Wärtsilä has delivered altogether 3,500 MW of power plants to China. 7 O Wärtsilä WÄRTSILÄ
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