Tag: China

Wartsila unloads famed “Sulzer” works to China State Shipbuilding Corp.

China State Shipbuilding Corporation (CSSC) and Wärtsilä announced that Wärtsilä has transferred its 30% shareholding in Winterthur Gas & Diesel Ltd. (WinGD) to CSSC, one of the largest Shipping conglomerates in China. WinGD will continue as an independent, international company to develop and innovate its two-stroke low-speed marine engine portfolio serving all merchant markets and customers worldwide. WinGD has its...