Wärtsilä Corporation, Trade & Technical Press release, 26 May 2008Wärtsilä Corporation of Finland and Mitsubishi Heavy Industries Ltd of Japan have signed a joint development agreement to design and develop new small, low-speed marine diesel engines of less than 450 mm cylinder bore.
The two companies see good business potential in pooling their resources and experience to develop new small marine engines of less than 450 mm cylinder bore. Such engines are suitable for a wide variety of small ship types, including bulk carriers, product tankers, chemical tankers, container feeder vessels and reefer ships. Such ships are employed in world-wide trades but with the smaller types being specifically employed in short-sea and coastal services.
The new engines shall meet the market needs for high efficiency, high reliability, compactness and environmental friendliness.Details of the new engines to be developed under this agreement will be announced in a few months time after the initial design studies have been completed.
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