Wärtsilä, GMD Sign Agreement On 2-Stroke Engines
Wärtsilä and CSSC Guangzhou Marine Diesel Co. Ltd (GMD), a member of the state-owned China State Shipbuilding Corporation (CSSC) Group, have jointly signed a license agreement for the manufacture and sale of Wärtsilä 2-stroke engines in China. The agreement covers the entire engine portfolio with a power range of between 4300 and more than 80 000 kW per engine.
With the shipbuilding industry increasingly concentrated in Asia, the local manufacture of Wärtsilä’s marine engines is a key element in the company’s growth strategy, GMD said. GMD is based in the Panyu District, close to Guangzhou and the special administrative region of Hong Kong. Established in 2008, the company has production, testing and workshop facilities.
Wärtsilä has established a worldwide network of 18 licensees for manufacturing 2-stroke engines. They are located mainly in Asia (Japan, Korea, China, Vietnam), but also in Europe (Croatia, Poland and Russia) and South America (Brazil). Wärtsilä expects the first engines to be produced at the end of this year.
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