ShippingWatch

Kvaerner signs Chinese joint venture

Norwegian shipyard group Kvaerner has struck a deal with China’s COOEC for an engineering partnership set to run for the next ten years.

Norway-based Kvaerner has signed a deal with China Offshore Oil Engineering Co. Ltd (COOEC) and thus established the joint venture Kvaerner COOEC Engineering & Technology Ltd (KCET) in China.

The ten year partnership pertains to engineering solutions and is a part of Kvaerner's and COOEC's delivery model for international EPC projects, the Norwegian company writes in a press release.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Stolt-Nielsen reports best quarterly profit in years

Norwegian Stolt-Nielsen, which has acquired shares in competitor Odfjell, benefitted from higher volumes and spot rates in the chemical tanker market and predicts further improvement in the market. The company is, however, not quite ready for ordering newbuilds.

Skuld opens new office in Tokyo

Skuld is to open a Japanese branch located in Tokyo. To lead the division, Skuld recruits former deputy general manager from Japan P&I Club.

Further reading

Related articles

Latest news

See all jobs