South Korea's STX Heavy Industries and Germany's Schottel will be cooperating in the area of large rudder propeller systems for underwater installation.
Within the framework of the licence agreement, STX will manufacture rudder propellers covering a power range from 2000 to 5800kW, while Schottel will supply the core components for these systems in the form of the L gearbox.
The first STX- Schottel rudder propellers are due for delivery in the second half of 2010.
The licence agreement signed at the Schottel headquarters in Rhine, Germany, by Kang-Sik Rhee, President and CEO of STX Heavy Industries, and Prof Dr Ing Gerhard Jensen, CEO of Schottel, covers South Korea, China, Singapore, Malaysia, Vietnam, the Philippines and India, as well as all shipyards owned by the STX Group.
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