UMW TO SUPPLY DIESEL ENGINES FOR NGV TECH’S ANCHOR HANDLING TUG SUPPLY VESSELS
Shah Alam, 2 July 2008 – UMW Industrial Power Sdn Bhd, a wholly owned subsidiary of UMW CORPORATION SDN BHD has signed a Memorandum of Understanding (MoU) with NGV Tech Sdn Bhd for the supply of ten (10) units of GE Marine Engines Model 12V228 medium-speed engines for a total value of RM 50 million.
These engines will be used to power four units of 60 meters Anchor Handling Tug Supply (AHTS) vessels to be built at NGV Tech’s shipyard. These new vessels have been earmarked to service the Middle East region -- a demanding market in terms of weather, geography and workload, which requires especially reliable and efficient engines.
“We are delighted to be working with NGV Tech, one of Malaysia’s foremost shipbuilders to supply these cutting edge new engines,” said Mr. Chew Chee Loon, Executive Director – Equipment Division of UMW at the MoU signing ceremony. “GE’s diesel engines provides our customers with increased power output, high reliability, fuel-efficiency and are designed for the most demanding applications. It meets the toughest emissions requirement in the world including United States Environment Protection Agency Tier II certification.” he explained.
GE engines serve the power range from 1753bhp – 5685bhp and all GE diesels feature a high capacity turbocharger, efficient combustion system and an electronic fuel injection system.
Established in 1992, NGV Tech owns one of the largest shipyards in Malaysia, located in Sijangkang, Selangor Darul Ehsan. Every year, NGV Tech constructs a minimum of twelve vessels and currently its order book has already reached RM 2.1 billion till year 2011.
“When we set out to find the best fit for our 60 meters AHTS, we considered several key points to be critical to our operation. Any engine manufacturer we selected absolutely had to satisfy these requirements, and that’s why we chose GE’s reliable engines and renowned fast delivery time to meet our needs. NGV Tech is confident the GE engines will meet owner and design requirements,” said NGV Tech Sdn Bhd Chairman, Encik Zulkifli Shariff.”
UMW Industrial Power forms strategic alliances with renowned multinational manufacturers and specialists in industrial compressors, marine engines and portable power products. The company partners with leading multinational corporations like GE, CompAir, Cameron, Mitsubishi and Honda. In Malaysia, it has offices in Butterworth, Ipoh, Johor Baru, Kuantan, Kuching, Sibu and Miri.
The UMW Group is an international conglomerate that develops industries, manages partnerships and facilitates growth. It is involved in four core businesses - Automotive, Equipment, Manufacturing and Engineering, and Oil and Gas. It has operations overseas in Singapore, Thailand, Vietnam. Myanmar, Papua New Guinea, China, Australia, India, Turkmenistan, Indonesia, Taiwan and the Middle East.
UMW recently unveiled its new brand which is aimed at amplifying its leading position at home and organising itself for greater global expansion. It will now focus on building on the strengths of its core businesses as well as enhancing those strengths in the global arena to further tap international opportunities.
Malaysian Rating Corporation Bhd has assigned a Corporate Credit Rating (CCR) of ‘AAA’ to UMW,the highest of its ratings levels.
In adopting its new rallying call - Beyond Boundaries – UMW is set to play a leading role in shaping the future of its industries globally. The company will do this by inspiring vibrant ideas, nurturing potential, pioneering partnerships and delivering excellence in everything it does; the rewards of which will contribute to the progress and well-being of all its stakeholders.
