WinGD expands Korean engine production through HD Hyundai Marine Engine deal
Both signed a license agreement which will significantly extend WinGD’s capability to deliver its dual-fuel and diesel engine designs to bulk carrier and tanker newbuild projects in Korea and other markets.
Swiss marine power company WinGD on Friday (30 November) said it has signed its first-ever license agreement with engine builder HD Hyundai Marine Engine (formerly STX Heavy Industries).
The agreement will significantly extend WinGD’s capability to deliver its dual-fuel and diesel engine designs to bulk carrier and tanker newbuild projects in Korea and other markets using Korea-built two-stroke engines.
HD Hyundai Marine Engine was acquired by HD Korea Shipbuilding & Offshore Engineering, part of HD Hyundai Group, in 2024. Its expertise in small and mid-sized two-stroke engines complements the large engine specialism of HD Hyundai Heavy Industries, with which WinGD has a long-standing license agreement, and which delivers engines for large vessels including ultra-large container vessels and LNG carriers.
WinGD Vice President Product Centre, Peter Krähenbühl, who was on hand for the signing, said: “This new agreement expands our ability to deliver main engines for high-volume vessel segments in Korea and enables HD Hyundai Marine Engine’s customers to select WinGD engine technology. We look forward to working closely with HD Hyundai Marine Engine to strengthen the availability and competitiveness of WinGD’s mid-bore engine portfolio .”
This story was originally published by Manifold Times. Read the full story at Manifold Times →
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