23rd Jul 2008 09:00
23 July 2008
SPP SHIPBUILDING USES AVEVA MARINE AND
PLM SOLUTIONS
AVEVA (LSE:AVV), the leading supplier of engineering IT systems for the plant and marine industries, is proud to announce that Korean shipbuilder, SPP Shipbuilding, has signed a multi-million USD agreement with AVEVA for the supply of AVEVA Marine design solutions to the company's three shipyards.
SPP Shipbuilding was established in Tongyoung, Gyeongnam in 2002 and has rapidly become a top-tier shipbuilding company for the construction of product and bulk carriers.
SPP, ranked the 10th largest shipyard in the world in terms of CGT (approx. 2.8 million CGT), will increase capacity to build 41 ships per year by the end of this year with the opening of its third yard in Sacheon, rising to 100 ships per year by 2010. SPP currently has the capacity to build 12 ships per year with shipyards based in Tongyoung and Gosong, Korea.
YongHee, Nam, Managing Director, SPP Shipyard, said:
"With plans to increase capacity and to enter the niche chemical and oil tanker markets, we need the complete set of integrated marine design and production applications combined with open and flexible lifecycle management solutions that AVEVA provides to ensure the most productive, risk-free way to design and build ships."
Peter Finch, President, AVEVA Asia Pacific, said:
"SPP has four years of order backlogs. Completing orders on time is vital in today's ultra-competitive market. AVEVA Marine solutions incorporating our Product Lifecycle Management (PLM) solution tailored for shipbuilding, AVEVA NET, will assure quality design plus accurate and complete production information that will save man-hours, minimise waste and rework, and maximise the use of production facilities."
End
Enquiries:
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AVEVA Group plc |
Tel: 01223 556 611 |
|
Richard Longdon |
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|
Paul Taylor |
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|
Hudson Sandler |
Tel: 020 7796 4133 |
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Sandrine Gallien / James White |
About AVEVA Group plc
AVEVA Group plc is one of the world's foremost and fastest-growing lifecycle engineering IT solutions and services providers to the oil and gas, paper and pulp, power, chemical, pharmaceutical and shipbuilding industries. Listed on the London Stock Exchange (LSE:AVV), the Group reported pre-tax profits for the year ended March 2008 of GBP 45 million on revenues of GBP 127.6 million. The Group has grown consistently since 1967 on the strength of pioneering engineering technology that protects the information assets of its customers from the volatile nature of the IT industry.
The Group's history of innovation spans five decades and has produced most of today's major engineering IT technologies. Serving over 1700 clients, AVEVA has a dominant position in many market sectors both on and offshore. In May 2004, the Group acquired Tribon Solutions AB, the market-leading shipbuilding solution company and now serves 85% of the world's top 20 shipbuilders.
The Group's clients include leading plant owner operators, shipbuilders and engineering contractors such as Aker Solutions, Alstom, AMEC, Areva NP, Babcock Marine, BASF, BP, Chevron, China National Nuclear Co (CNNC), China Power Engineering Consulting Group Co. (CPECC), CNOOC Offshore Oil Engineering, Daewoo Shipbuilding & Marine Engineering, EDF, ExxonMobil, Foster Wheeler Power Group, Harland & Wolff, Hyundai Heavy Industries, Jacobs, Mitsubishi Heavy Industries, SBM, Shell, Sinopec Engineering, Statoil, TKMS - ThyssenKrupp Marine System, Uhde, VT Shipbuilding, Wood Group (Alliance & Mustang) and Worley Parsons.
Headquartered in Cambridge, England, AVEVA Group plc and its operating subsidiaries currently employ more than 750 staff worldwide in England, Australia, Austria, Canada, China, Dubai, France, Germany, Hong Kong, India, Italy, Japan, Malaysia, Mexico, Norway, Russia, Saudi Arabia, Singapore, Spain, Switzerland, Sweden, South Korea and the USA. www.aveva.com
About AVEVA Marine solutions
AVEVA Marine combines two 'best in class' solutions - the industry-standard Tribon range and AVEVA's unique object-based technologies - to form the ultimate set of marine design and engineering tools. Combining these proven capabilities and adding numerous productivity-enhancing new features, AVEVA Marine offers risk-free business advantage in a competitive industry.
www.aveva.com/marine
© AVEVA Solutions Ltd and its subsidiaries 2008. All product names mentioned are the trademarks of their respective holders.
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