MAN Diesel & Turbo announced that entered an agreement with Mitsui Engineering & Shipbuilding Co., Ltd., to intensify their joint business activities, on the field of sales, production, R&D, and EPC (engineering, procurement, construction), with the potential for other business fields to be added in the future.
According to the company’s statement, the agreement was signed by Takao Tanaka, President & CEO of Mitsui Engineering & Shipbuilding, and Dr. Uwe Lauber, CEO of MAN Diesel & Turbo.
“Along with the ongoing implementation of our technology in power plants and marine projects, we have also agreed to set a greater focus on our joint R&D efforts,” said Dr. Lauber.
He added: “Driven by the global trends of decarbonization and digitalization, markets are in transition. We want to continue to combine our strengths to offer propulsion and energy solutions that help our customers to tackle tomorrow’s challenges. This will also include working more closely in the field of Floating Production Storage and Offloading systems (FPSO), as well as steam turbines and compressors – mainly for the Japanese market.”
The two companies started their cooperation in 1926, when they signed a license agreement for the production and sale of two-stroke, marine, diesel engines.
