Wärtsilä and Hyundai Heavy Industries Co. Ltd (HHI) have signed an agreement to set up a 50/50-owned joint venture in Korea to manufacture dual-fuel engines for LNG (liquefied natural gas) carriers. The total investment in the company will be EUR 58 million, Wärtsilä´s share being EUR 29 million. The name of the company will be Wärtsilä Hyundai Engine Company Ltd and the intended location is South Korea.
Green Marine
about 20 years ago
Wärtsilä and Hyundai Heavy Industries to set up joint venture for dual-fuel engines for LNG-carrier market
Wärtsilä and Hyundai Heavy Industries Co. Ltd (HHI) have signed an agreement to set up a 50/50-owned joint venture in Korea to manufacture dual-fuel engines for LNG (liquefied natural gas) carriers. The total investment in the company will be EUR 58 million, Wärtsilä´s share being EUR 29 million. Th
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