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Wärtsilä Extends License Agreement With Hyundai
Wärtsilä, a marine industry solutions provider, and its South Korean partner, Hyundai Heavy Industries, Engine and Machinery Division, have signed a ten year extension to their license agreement to build Wärtsilä low-speed engines. The agreement was signed at a ceremony held on February 28, 2012, in Ulsan and covers the period from 2012 to 2021. Hyundai Heavy Industries (HHI) has through its Engine and Machinery Division been a licensee of Wärtsilä since 1975.
Wärtsilä Extends License Agreement to Yichang Marine Diesel
Wärtsilä Switzerland Ltd and Yichang Marine Diesel Engine Plant (YMD) of Yichang, China, jointly signed an agreement in January 2007 to extend the existing license…