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ABB Wins Marine Orders Worth US$45 Million

Posted on June 3, 2009

ABB has won orders worth around US$45 million in the first quarter to supply six new vessels with electric propulsion systems, power systems and drilling drive systems at shipyards in South Korea and Japan.

The contracts include an agreement with STX Norway Electro for deliveries to four oil-platform supply vessels to be built by Universal Shipbuilding Corporation in Japan for Sanco Shipping. ABB will supply electric propulsion systems that include transformers, variable-speed drives and electric motors. The other contract is for delivery of power systems and drilling drives systems for two new drill ships to be built by Samsung Heavy Industries in South Korea for Schahin and Etesco. ABB will provide power systems, including generators and high-voltage distribution system, as well as electric drilling and propulsion drive systems.

“Now, more than ever, customers in all industries must optimize their performance to remain competitive,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “These orders reinforce ABB’s leading position in the market for electric propulsion and power supply to vessels serving the offshore oil and gas industry, and underscore our commitment to providing the solutions and services that enable our customers to operate efficiently.”

For more information: www.abb.com

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