Wednesday, July 17, 2013

Marine Diesel Engine Industry Report, 2012-2013

In 2012, affected by the economic slowdown, shipping market slump, shipbuilding order contraction and other factors, the global marine diesel engine market shrank by 12.9% year on year to 67.27 million horsepower. In 2013, it's expected that the global shipping market will continue to face difficulties, and the marine diesel engine market size will keep decreasing, to 65.91 million horsepower.  MAN and W?rtsil?, two global marine diesel engine giants, share 98% of the global low-speed marine engine market and 70% of the global medium-speed marine engine market.  At present, although China is the world's largest shipbuilding country, the development of marine diesel engines is relatively slow, and the production is mainly carried out through technology licensing of companies like MAN and W?rtsil?. As of the end of 2012, MAN has authorized more than 19 companies in China, while W?rtsil? authorized nine (including a joint venture).  Global and China Marine

Original Post Global and China Marine Diesel Engine Industry Report, 2012-2013

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