APRIL 3, 2017 — The Engine & Machinery Division of Hyundai Heavy Industries (HHI-EMD) has signed a contract extending its two-stroke license agreement with MAN Diesel & Turbo. This latest extension continues a low-speed collaboration that first began in 1976.
MAN Diesel & Turbo was represented at the recent signing ceremony in Copenhagen by Klaus Engberg (Senior Vice President and Head of Two-Stroke Licensing), Thomas Knudsen (Senior Vice President, Head of Low-Speed), Bjarne Foldager (Vice President, Promotion & Sales, Two-Stroke Business) and Søren H. Jensen (Vice President, R&D).
Mr. Knudsen said: "MAN Diesel & Turbo has enjoyed a long working relationship with Hyundai, one that we are delighted to extend. Hyundai has always played a significant role in the development of two-stroke innovation and, indeed, produces the full range of our low-speed portfolio. We look forward to inspiring each other for many years to come."