{mprestriction ids="1,2"}The companies aim to combine ABB’s experience in power and propulsion and maritime software, with Wuchang Ship Building Group’s vessel construction capabilities.
“Chinese shipyards are diversifying their portfolios and ABB’s long history of working in the icebreaking and cruise sectors is particularly relevant to China’s ship builders,” said Alf Kare Adnanes, head of ABB’s marine and ports business in China.
“We are excited about the benefits this agreement will bring to both ABB and Wuchang Ship Building Group.”
Wuchang Shipbuilding Group is an affiliate of China Shipbuilding Industry Corporation, founded in 1934 and now employing more than 11,000 people at its 6 million square metre facility.{/mprestriction}