German engine maker Everllence SE in talks for Indian manufacturing of two-stroke engines for ships
German marine engine giant Everllence SE is eyeing India for local manufacturing of its two-stroke engines for large commercial ships through licensing agreements. The company is also exploring setting up its own production facility for its high-s...
“We have plans for two-stroke engines in India,” Gaby Hanna, managing director, senior vice president, head of region – Middle East & Africa , said in an interview.
“We don’t manufacture, in any case, two-stroke engines… it's all with our licensees. We have an initiative now to look for a partner or two in India to be our twostroke engine licensees for large commercial vessels.”
A two-stroke engine produces twice as much power as a fourstroke engine and is the main choice for large ships due to fuelefficient operation, using cheaper heavy fuel oil, lower weight and being directly connected to the propeller shaft, enabling quick acceleration.
“We are very interested in having an Indian licensee for our two-stroke business in India,” Hanna said.
The engine maker follows a licensing model for manufacturing its two-stroke engines globally, charging royalties.
South Korea’s HD Hyundai Heavy Industries and Japan’s Mitsui E&S, are among the notable licensees of Everllence two-stroke engines globally.
Hanna declined to name the Indian companies that Everllence was talking to for a licensing partnership, saying that they were “big names.”
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