Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corp. (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with access to technology and the rights to manufacture the Wärtsilä Aquarius EC Ballast Water Management System (BWMS) under license for applications to CSSC customers. In return, Wärtsilä gains access to CSSC's new manufacturing facility, thereby further supporting supply and demand needs for the Wärtsilä BWMS direct to Wärtsilä customers. The agreement was signed in Jiujiang on 5 December 2016 and is implemented with immediate effect.
Wärtsilä retains ownership of the Aquarius Electro-Chlorination (EC) technology and all associated intellectual property rights, while CSSC will manufacture the system for sale and installation with CSSC newbuild and retrofit projects. The system will be supplied with Wärtsilä Type Approval.
“[The agreement] facilitates the supply of Wärtsilä Aquarius EC BWMS to a significant provider in the Chinese marine market, both for new shipbuilding and retrofit projects," said Joe Thomas, director, Ballast Water Management Systems, Wärtsilä Marine Solutions. “By combining the strengths of our two companies, we can more effectively meet the growing demand for EC BWMS for medium to large vessel applications. Our combined global service networks also ensure that the BWMS units are fully supported wherever and whenever needed.”
The agreement has a 6-year initial term. The two companies will support each other in delivering the BWMS technology to a broader customer base, and in providing long term global service support and sales of spare parts for the companies' combined customer base.
Image: Signing ceremony/Wärtsilä
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