Gulf Oil and Gas accountACCOUNT

MHI Licenses Low-speed Diesel Engine Technology To State-owned Vietnamese Shipbuilder

Source: www.gulfoilandgas.com 11/11/2005, Location: Asia

Mitsubishi Heavy Industries, Ltd. (MHI) signed an agreement under which it will license its UE low-speed diesel engine* technology to Vietnam Shipbuilding Industry Corporation (VINASHIN). With the move MHI aims to further promote penetration of its UE engines into the Vietnamese shipbuilding industry, which is expected to grow rapidly amid the current boom in international shipping.

Under the agreement, MHI will provide VINASHIN with the licensing rights to manufacture its large-sized diesel engines. The contract applies specifically to the Mitsubishi UEC-LA, LS, LSII and LSE engines with cylinder bores ranging from 330 to 680 mm. The licensing agreement also encompasses marketing and servicing of these engines in Vietnam. The period of licensing is from 2005 to 2014.

VINASHIN is a state-owned corporation, established in 1996, engaging in shipbuilding and production of ship-related machinery. Including its more than 50 subsidiaries, VINASHIN has roughly 15,000 employees and generates annual sales of US$160 million (2004).

Diesel Engine News in Vietnam >>

Azerbaijan >>  8/19/2019 - Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an Engineering and Technical Services ...
India >>  8/19/2019 - INTECSEA Inc, a wholly owned subsidiary of Worley, has been awarded a project management consultancy (“PMC”) contract by Reliance Industries Limited (...

China >>  8/12/2019 - China based offshore and subsea solutions company, COOEC Offshore, has formed an alliance with international oilfield services company, Expro. The for...
India >>  8/6/2019 - BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels...

Russia >>  8/2/2019 - Saipem has reached an agreement with Technip France and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG 2...
China >>  7/29/2019 - TechnipFMC celebrated the first steel cut of the manifolds and subsea structures for CNOOC’s Liuhua 16-2 Oilfields Development Project recently. The m...

Related Categories: Diesel Engine  Engine Parts  General  Generating Sets  Generators  Marine Diesel Engine  Power Pack  Turbines (General)  Turbines: Gas  Turbines: Hydro  Turbines: Steam 

Related Articles: Diesel Engine  Engine Parts  General  Generating Sets  Generators  Marine Diesel Engine  Power Pack  Turbines (General)  Turbines: Gas  Turbines: Hydro  Turbines: Steam 


Vietnam Oil & Gas 1 >>  2 | 3 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KG KH KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.