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New Licence Contract for TCA Turbochargers

Maritime Activity Reports, Inc.

June 2, 2004

(Contract signing in Augsburg (from left): M.K. Lee, CEO ENPACO and Ralf Großhauser, Head of the Turbocharger Division.)

ENPACO Corporation in Changwon, Republic of Korea, will manufacture the new TCA turbocharger model for MAN B&W Diesel under licence. The persons in charge have now signed a corresponding contract with a term of 10 years. After Japanese Mitsui Engineering & Shipbuilding Co., Ltd., ENPACO is the second licensee for this new axial turbocharger generation.

ENPACO, affiliate of MAN B&W engine licensee STX Corporation, is specialised in turbocharger and engine component production. ENPACO has produced NR and smaller NA turbochargers under license since 1988. Based on a delivery amount of over 4 500 turbochargers, ENPACO is MAN B&W Diesel’s most important radial turbocharger licensee.

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