CMC Marine cracks China with deal to supply mega yacht builder

Thu Jul 12 2018, 15:11 PM

CMC's electric stabilising systems to be installed on various models built by Chinese shipyard Liaoning Jinlong Mega Yacht

Stabilisation specialist CMC Marine is expanding into China following the news that its electric stabilising systems will soon be installed on various models built by Chinese shipyard Liaoning Jinlong Mega Yacht. It marks the return of the Pisa-based company to the Asian market following an initial foray into the region several years ago. Back then CMC had failed to establish a stable presence in the area. The Liaoning Jinlong deal promises to change that.

The new, latest generation, stabilisation systems developed by CMC Marine and acquired by the Chinese superyacht builder, have now arrived in China in readiness for installation on 50m yachts being sold to local owners.

The shipyard has chosen the new Stabilis Electra - LR System, launched by CMC only last year. A delegation from the Chinese yard were reportedly impressed following a visit organised by CMC, onboard a superyacht similar to those built by the yard, equipped with the Stabilis Electra system.

Alessandro Cappiello, CMC Marine CEO, commented: “Our internationalisation in recent years has become one of our company’s distinctive features. Sending one of our associates to the area was a major investment but proved to be a decisive step forward. This new partnership confirms that it’s full steam ahead for the sales strategy we have defined, even in this relatively unexplored market”. Needless to say the manufacturer, whose stabilising fins and systems can already be found on many of the largest US and European yachts, now has Asian builders very much in its sights for future expansion.

Based in Pisa, CMC Marine, is a new industrial manufacturer of stabilization systems and stern and bow thrusters for yachts and passenger ships over 16 metres.