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Wärtsilä Marine
Wärtsilä Marine ( fi, Wärtsilä Meriteollisuus; sv, Wärtsilä Marinindustri) was a Finnish shipbuilding company. The company was created in 1987 in order to improve shipbuilding productivity by combining the Wärtsilä and Valmet yards under the same organisation. The yards were located in Helsinki and Turku. The company fell in a scandalous bankruptcy in 1989. The operation was continued after under name Masa-Yards. Background During the 1970s and 1980s the European shipbuilding suffered of a too high capacity and unhealthy competition. The Asian shipbuilders had grown fast and taken over a large part of the market. Combination of increasing salary costs and price dumping lead to an untenable situation for many European shipbuilders. Swedish shipbuilders had faced difficulties already in the 1970s and the yards had been kept alive through massive subsidies.Knorring: ''Telakkajätti ja telakkakriisi.'' p. 135–139. Due to Soviet exports, the Finnish shipbuilders were wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1989 Disestablishments In Finland
File:1989 Events Collage.png, From left, clockwise: The Cypress Street Viaduct, Cypress structure collapses as a result of the 1989 Loma Prieta earthquake, killing motorists below; The proposal document for the World Wide Web is submitted; The Exxon Valdez oil tanker runs aground in Prince William Sound, Alaska, causing a large Exxon Valdez oil spill, oil spill; The Fall of the Berlin Wall begins the downfall of Communism in Eastern Europe, and heralds German reunification; The United States United States invasion of Panama, invades Panama to depose Manuel Noriega; The Singing Revolution led to the independence of the Baltic states of Estonia, Latvia, and Lithuania from the Soviet Union; The stands of Hillsborough Stadium in Sheffield, Yorkshire, where the Hillsborough disaster occurred; 1989 Tiananmen Square protests and massacre, Students demonstrate in Tiananmen Square, Beijing; many are killed by forces of the Chinese Communist Party., 300x300px, thumb rect 0 0 200 200 1989 Loma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Disestablished In 1989
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1987
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipyards Of Finland
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States and Vietnam. The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessels are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ships Built In Turku
A ship is a large watercraft that travels the world's oceans and other sufficiently deep Sea lane, waterways, carrying cargo or passengers, or in support of specialized missions, such as defense, research, and fishing. Ships are generally distinguished from boats, based on size, shape, load capacity, and purpose. Ships have supported exploration, trade, Naval warfare, warfare, Human migration, migration, colonization, and science. After the 15th century, Columbian Exchange, new crops that had come from and to the Americas via the European seafarers significantly contributed to world population growth. Ship transport is responsible for the largest portion of world commerce. The word ''ship'' has meant, depending on the era and the context, either just a large vessel or specifically a Full-rigged ship, ship-rigged sailing ship with three or more masts, each of which is Square rig, square-rigged. As of 2016, there were more than 49,000 merchant ships, totaling almost 1.8 billion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipbuilding Companies Of Finland
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptian p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ted Arison
Ted Arison ( he, תד אריסון; 24 February 1924 – 1 October 1999) was an Israeli businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and soon left to form Carnival Cruise Lines in 1972. Early years Arison was born Theodore Arisohn on 24 February 1924 in Tel Aviv (in the then British Mandate of Palestine) to Meir, a wealthy businessman, and Vera Arisohn. He was a third-generation sabra of Romanian descent and studied commerce and economics at the American University of Beirut. During World War II, he enlisted in the Jewish Brigade of the British Army and fought in Italy. After the British departure, he served as an officer in the Israel Defense Forces during the 1948 Arab–Israeli War, eventually achieving the rank of Lieutenant Colonel. From 1946 to 1951, he managed M. Dizengoff & Co., a shipping company. Career Frustrated by the lack of business opportunities, Arison wrapped up his business and moved to the United States after 1952. He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Of Exchange
A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time, whose payer is usually named on the document. More specifically, it is a document contemplated by or consisting of a contract, which promises the payment of money without condition, which may be paid either on demand or at a future date. The term has different meanings depending on the use of the term as it is used in the application of different laws, and depending in which country and context it is used. Concept of negotiability William Searle Holdsworth defines the concept of negotiability as follows: #Negotiable instruments are transferable under the following circumstances: they are transferable by delivery where they are made payable to the bearer, they are transferable by delivery and endorsement where they are made payable to order. # Consideration is presumed. #The transferee acquires a good title, even though the transferor had a defective or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tor Stolpe
Tor Björn Stolpe (25 April 1927 – 10 December 2011) was a Finnish businessman and vuorineuvos. Stolpe was born in Hämeenlinna and completed his gymnasium in Kotka. He studied Master of Arts in University of Helsinki. After his graduation, he worked the following fourteen years in managerial positions for metal processor Oy Vuoksenniska Ab first as ore mine director and later in the head office. During 1968–1976 Stolpe worked as manager in Kymin Oy engineering industry division. Stolpe became division manager in Wärtsilä in 1976 and in 1978 he became the company director of operations. During period of dual leadership in 1978–1987 he managed Wärtsilä together with Tankmar Horn, after which he became managing director. Stolpe left his position in 1989 – in the same year when the company subsidiary Wärtsilä Marine fell in bankruptcy. Early years and studies Stolpe was born in Hämeenlinna, where his father Nils Stolpe served as military officer. He moved many ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crichton-Vulcan
Crichton-Vulcan is an abandoned shipyard in Turku, Finland, that once formed the cornerstone of the Finnish shipbuilding industry. The shipyard is best known for the World War II coastal defence ships and submarines it produced. Shipbuilding at the yard gradually ended after 1976, after a new shipyard had been built in the suburb Perno. The old yard was taken over by Turku Repair Yard and used for ship repair until 2004, when they too moved to the nearby city of Naantali. The shipyard by the Aura River in Turku then lay abandoned some time and was the target of vandalism. However, the site is currently being turned into an upper-class residential area. Demolition of the old buildings began in June 2011. History The first shipyard in Turku was established in 1732 on the eastern bank of the Aura River. The first foundry and metal workshop was established in 1842. After the Crimean War the workshop was acquired by Scotsman William Crichton. Crichton built a new shipyard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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