KUALA LUMPUR, Malaysia, July 23 /CNW/ - 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."
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.
For further information:
For further information: Youli Hooi, AVEVA Asia Pacific, Tel: