• 2018 February 4 00:41

    Wärtsilä boosts its QuantiServ service offering by acquiring LOCK-N-STITCH

    The technology group Wärtsilä is expanding the service offering of its QuantiServ business line with the acquisition of the American engineering company LOCK-N-STITCH. The acquisition strengthens Wärtsilä’s service portfolio for customers operating multiple brands.

    The QuantiServ business line within Wärtsilä Services was established in 2016 to provide support and maintenance services for customers operating equipment by multiple brands – including Wärtsilä acquired service brands (e.g. Deutz, Sulzer, Stork, Nohab, Crepelle) and/or other manufacturers’ brands – both in the marine and energy sectors. The services offered are reconditioning services, in-situ services as well as flexible repair and overhaul services for auxiliary and generating sets.

    LOCK-N-STITCH specialises in cast iron repairs, and its expertise will complement the service offering of the QuantiServ business line. By incorporating the technologies and skills of LOCK-N-STITCH into the QuantiServ products portfolio, customers operating multiple brands can be offered a more comprehensive service. Furthermore, LOCK-N-STITCH has experience in the application of 3D technology for repair services. The recent development includes utilisation of 3D scanners for scanning of broken parts and 3D design of tailor made replacement castings.

    LOCK-N-STITCH has developed sophisticated technology for metal stitching repair, thread repair, furnace brazing and fusion welding for marine and power applications. As QuantiServ is available in major maritime locations as well as inland for any power plant location, the patented LOCK-N-STITCH solutions can be applied on a global level to provide existing and new customers with high quality repair services.

    “We have cooperated with LOCK-N-STITCH in the past, and the company’s impressive repair capabilities are a good fit for the QuantiServ portfolio. We are confident that this acquisition has strong potential to create value for customers,” says Guido Barbazza, Vice President, Emerging Businesses, Wärtsilä Services. “New capabilities in cast iron repair provide direct business opportunities, and we expect to grow our market share for such repair solutions and generally within in-situ services as well.”

    The family-run LOCK-N-STITCH was established in 1990 and is based in Turlock, California, where the company employs 35 people and serves customers within the marine and energy sectors as well as other industries. Some 90 per cent of annual revenues consist of repeated business from existing customers, which attests to the high customer satisfaction and trust in the company’s products and services. The offering of LOCK-N-STITCH will be gradually brought to other QuantiServ locations.

    “We are very happy to join the QuantiServ business. Wärtsilä’s extensive network is an opportunity for us to expand the geographical reach of our services to the far ends of the world. Through it, LOCK-N-STITCH has the means to further develop its technologies and expertise and increase customer value. We have experience in the application of 3D technology in repair services. The strong digitalisation focus via the new cooperation will certainly introduce interesting possibilities in that area,” says Gary Reed, CEO of LOCK-N-STITCH.

    Ownership of LOCK-N-STITCH was transferred to Wärtsilä on February 1, 2018.

    Wärtsilä Services in brief
    Wärtsilä Services provides high-quality lifecycle services that enhance customers’ business. Its broad range of services supports both shipping and power generation companies, whenever and wherever needed. Solutions range from spare parts and basic support to ensuring the maximised lifetime, increased efficiency and guaranteed performance of the customer’s equipment or installation – in a safe, reliable, and environmentally sustainable way.




2020 October 30

18:02 Finnlines announces bunker surcharge for Malmö-Travemünde-Malmö
17:38 Expert considers methanol to be more environmentally friendly marine fuel than LNG
17:06 Port of Melbourne releases its 2020 Sustainability Report
16:56 BC Ferries' third battery electric hybrid vessel launches at Damen Shipyard
16:45 Rosmorport took part in the 4th “LNG Fleet, LNG Bunkering and Alternatives” conference
15:21 General Prosecutor's Office confirmed Vostochny Port’s compliance with Presidential instructions on transition to closed coal handling
14:19 Fuelling the industry: Low-emission development strategies at the 7th International LNG Congress
14:03 VARD to build a second advanced stern trawler for Luntos
13:36 Amursky Shipyard launches Ro-Ro ferry and ice-class rescue ship
13:13 Shuttle service to COSCO’s European hub from Vado Gateway commences
13:10 BlueWater Reporting issues intra-Asia container shipping report
12:37 DNV GL hits remote survey hat trick with 20K surveys, 2-year anniversary and new Operational Centre
11:49 Ivan Radchenko appointed as General Manager at Moby Dik Terminal
11:14 Tuapse Sea Commercial Port increased its throughput by 10% in 9M’2020
10:38 IAA PortNews thanks partners and sponsors of 4th LNG Fleet, LNG Bunkering and Alternatives conference
10:17 The CMA CGM Champs Elysees joins the fleet
10:05 Arctic LNG 2 ice-class tanker fleet formation completed
09:43 Bunker Market this morning, Oct 30
09:40 Bunker prices go down in the Port of Saint-Petersburg, Russia (graph)
09:23 Oil prices are recovering
09:12 Baltic Dry Index as of October 29

2020 October 29

18:31 Wan Hai Lines to launch Straits – Bangladesh Express Service
18:09 Lloyd’s Register launches dedicated Maritime Decarbonisation Hub
17:56 Bill on corporatization of FSUE Rosmorport submitted to RF Government
17:56 Hapag-Lloyd announces winter surcharge to and from St. Petersburg and Ust-Luga
17:30 Rosmorport’s Azov-Black Sea Basin Branch purchased 5 tugboats
17:05 Wärtsilä to collaborate with Anemoi Marine Technologies in future sales of Rotor Sail solutions
16:59 Romania’s border authorities using EMSA RPAS for coast guard surveillance
16:35 Jon Fredrik Baksaas appointed DNV GL’s Chair of the Board
16:17 Nordion Energi moves closer to the aim of 100% green energy by joining the European Clean Hydrogen Alliance
16:01 Port of Los Angeles streamlines online permit process
15:28 MABUX released Bunker Weekly Outlook
15:22 Bunker prices are slightly down in the Far East ports of Russia (graph)
15:20 CMA CGM announces Peak Season Surcharge from China to Russia
15:01 Partnership agreement between leading Hamburg Port Authority and Tanger Med Port Authority
14:36 Port Kolomna takes delivery of multibucket dredger of Project 3409
14:11 MAN compressor technology for largest FPSO vessel offshore Brazil
13:53 Novatek to launch LNG terminal in Rostock (Germany) in 2023
13:30 Rosatom looks into using barges for LNG delivery to Arctic regions
13:11 IMEC and ITF opens big quarantine and testing facility in Manila
12:52 RS grants GASA to GTT’s Mark III Technology
12:29 Rosatom expects reactor plants RITM-200 to be efficient for container carriers and oil tankers
12:10 GTT entrusted by Zvezda with the tank design of ten ARC7 ice-breaking LNG сarriers
11:48 USC forecasts complete transition of shipping industry to electric propulsion in 20-25 years
11:30 Rijkswaterstaat has awarded the enlargement of the Twente canals to a consortium of Van Oord - Hakkers - Beens
11:09 DSV Panalpina acquires Prime Cargo
10:50 Novatek to put into operation 30,000-cbm gas carrier under Cryogas-Vysotsk project in 2022
10:37 Volvo Penta IMO III marine generator sets help power five electric ferries in Norway
10:09 International Association of Dredging Companies signs major strategic collaboration agreement with FIDIC
09:51 MABUX: Bunker Market this morning, Oct 29
09:46 Three LNG-powered product tankers for shipment of stable gas condensate from Ust-Luga to be delivered in 2022-23
09:24 Oil prices show slight increase
09:20 Vestdavit wins contract to supply six French Navy vessels
09:12 Baltic Dry Index as of October 28

2020 October 28

18:15 Sri Lanka's East Container Terminal inaugurates for operations
17:51 Tallink Grupp makes temporary changes to Tallinn-Helsinki route schedule from 29 October 2020
17:30 Key element of Russia’s collider facility NICA transshipped in Bronka
17:06 GONDAN delivers new fishing stern trawler to Prestfjord AS
16:39 Rosmorrechflot resumes work on programme for encouraging LNG-powered shipping
16:13 Cavotec launches next generation MoorMaster