New company to focus on electrical control & distribution units to Asian
Key personell in forming and running the new joint venture.
Kongsberg Maritime has further strengthened its market position in the Asian
region by forming a new joint venture with the Chinese company Zhenjiang Marine
Electrical Appliances. The new company, Kongsberg Maritime China Zhenjiang Ltd.,
is focused on the delivery of electrical control & distribution units to the marine industry.
Commercial and naval ships
Kongsberg Maritime China Zhenjiang Ltd. entrance area.
Zhenjiang Marine Electrical Appliances has long traditions in the Chinese marine
market, specialising in electrical equipment for commercial and naval ships, such
as low-voltage switchboards, bridge consoles, multiform control cabinets, dry transformers
and battery charger/UPS power devices. In addition, the company supplies navigation-aid
apparatus such as navigation light/signal light controller, whistle controller,
emergency telegraph and combined audio/light alarm systems.
Zhenjiang Marine Electrical Appliances' product range will constitute a valuable
addition to Kongsberg Maritime's existing portfolio, providing an entry into new
areas of the Chinese market through the possibility of delivering more complete
packages of integrated systems.
"Due to its knowledge of the local market and the range of products on offer,
Zhenjiang Marine Electrical Appliances often obtains contracts for total turn-key
packages from local shipyards. These packages include switchboards, control consoles,
alarm systems, monitoring and control systems, power management systems as well
as starter cabinets/ transformers," commented Vice President of Offshore and Marine
at Kongsberg Maritime, Mr. Morten Hasås.
"Kongsberg Maritime delivers many of these products, but until now, we have offered
them as a sub-vendor through companies such as Zhenjiang Marine Electrical Appliances.
With this new joint venture, the two companies will be able to supply total e-packages
for shipyards, representing a major advantage for our customers," Continued Mr.
Iincreased possibilities world wide
The major shareholder and President of Zhenjiang Marine Electrical Appliances,
Mr. Wu expects that joining forces with Kongsberg Maritime will provide increased
possibilities world wide.
"A joint venture with a world leading marine player like Kongsberg Maritime will
give our products the global support they need in terms of increased sales activities,
after sales and customer support. Although we have experienced an impressive growth
in recent years, we expect an even stronger boost in our production volume as a
result of this joint venture," said Mr. Wu.
Double the number of employees in China
As a world leader of dynamic positioning systems, process automation systems,
automation and surveillance systems, Kongsberg Maritime is already present in China
with offices in Shanghai, Dalian and Guangzhou. This joint venture will double the
number of Kongsberg Maritime employees in China and is an important part of Kongsberg
Maritime's strategy towards gaining a greater market share in Asia.
"With this joint venture we hope to raise our turnover and gain increased influence
over products that will complement our existing business. A more complete product
range will increase our ability to provide the full picture and meet customers'
needs," said Mr. Hasås.