Doen Pacific as one of only 5 marine waterjet manufacturers in the world matching engines to 4,000kW, and CSIC, one of the two largest shipbuilding conglomerates in China, together with its Member WMMP, have jointly signed a license agreement for the manufacture and sale of WMMP‐DOEN Waterjets in China. The signing ceremony took place on October 29, in Wuhan, China, and was attended by representatives of each company, headed by Mr. He Jiwu, Board Chairman and President ‐ Wuhan Marine Machinery Plant; Mr. Wu Jing, Vice‐Executive General Manager ‐ China Shipbuilding & Offshore International Co. Ltd, as the Technology Import channel for CSIC; Mr. Mark Peters, Director ‐ Doen Pacific Pty. Ltd; and Mr. Timothy Udvary, Director and Chief Engineer ‐ Doen Pacific Pty. Ltd.