MAN D&T Expands in Chinese Two-Stroke Market
Posted by Eric Haun
Wednesday, January 20, 2016
YCMP becomes MAN Diesel & Turbo’s latest Chinese licensee
At a ceremony in Zhuhai, Guangdong Province on January 16, 2016, local engine builder Yuchai Marine Power Co., Ltd. (YCMP) signed a new license agreement with MAN Diesel & Turbo for the production of MAN B&W-branded, two-stroke diesel engines.
Jiang Shihong, Chairman of the Board and Hu Xuenan, CEO, represented YCMP, while MAN Diesel & Turbo was represented by Thomas S. Knudsen – Head of Two-Stroke, Ole Grøne – Senior Vice President, Two-Stroke Promotion & Sales, and Klaus Engberg – Senior Vice President and Head of Two-Stroke Licensing.
Engberg said, “China is a vital market for MAN Diesel & Turbo and we are pleased to welcome Yuchai to the MAN B&W license family. YCMP is a well-established engine builder with modern production facilities in south-east China and we look forward to our future cooperation.”