The company Mitsubishi Heavy Industries Marine Machinery and Equipment Co. (MHI-MME) of the Japanese Mitsubishi Heavy Group Industries (MHI) has signed a licensing agreement with China's Jiangsu Masada Heavy Industries Co. for production and sale of turbochargers for two-stroke marine engines. The company which has been collaborating with the MHI group for some time in the deck cranes and other machinery for ships, plans to start turbocharger production next year initially focusing on assembly and then moving on to the large-scale production.

Explaining that MHI-MME's goal with the agreement is to further penetrate the Chinese market, the Japanese company has highlighted that its overall production of MET turbochargers reached 45 thousand units, equal to More than 40% of the global motor unit market Marini two-stroke for fiscal year 2023.