SKF Secures Strategically Important Contract within the Marine Segment
December 01 2015 - 1:14AM
Business Wire
SKF continues to expand its traditional customer base in China
as it secures propulsion shaft component agreement with one of the
country’s largest ship owners.
SKF (STO:SKFB) (STO:SKFA) (Pink Sheets:SKFRY) (LSE:SKFB)
SKF will supply China Oilfield Services Limited (COSL), one of
China’s largest ship owners, with propulsion shaft components and
application engineering services for its new-build fleet of
offshore supply vessels. In total, 16 propulsion shafts on 8
vessels will be equipped with SKF components.
Ole Kristian Joedahl, Sales and Marketing Director, Industrial
Market, says, “This is a significant win for our marine business in
China, where our strategy is to work in closer collaboration with
ship operators, expanding from our traditional customer base of
original equipment manufacturers and ship yards.”
As a result of the successful integration of Blohm + Voss
Industries, acquired in 2013, the Group is able to offer customers
the components and services necessary for propulsion shaft lines.
This is complemented by SKF’s expertise in application engineering,
which helps ship operators select components that more accurately
meet their performance needs.
SKF’s propulsion shaft components for COSL: couplings, bolts and
bulkhead seals are being supplied from the Group’s factories in
Sweden and Germany. SKF’s surface-treated chocks, which enable
stable and correct mounting of critical rotating machinery in harsh
operating conditions – in this case, the engine – are being
manufactured in the Netherlands.
Aktiebolaget SKF (publ)
SKF is a leading global supplier of bearings, seals,
mechatronics, lubrication systems, and services which include
technical support, maintenance and reliability services,
engineering consulting and training. SKF is represented in more
than 130 countries and has around 15,000 distributor locations
worldwide. Annual sales in 2014 were SEK 70 975 million and the
number of employees was 48 593. www.skf.com
® SKF is a registered trademark of the SKF Group.
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SKFPRESS:Theo KjellbergDirector, Press Relationstel: 46
31 337 6576mobile: 46 725-776576e-mail:
theo.kjellberg@skf.comorINVESTOR RELATIONS:Patrik StenbergHead of
Investor Relations46 31-337 210446 705-472
104patrik.stenberg@skf.com
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