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January 22, 2008 MAN Diesel adds seventh Chinese two-stroke licenseeChinese engine manufacturer Zhenjiang CME Co., Ltd. (ZJCME) is the latest MAN Diesel two-stroke licensee. ZJCME--a subsidiary of the giant, state-owned China State Shipbuilding Corporation (CSSC) industrial conglomerate--already holds a four-stroke license with MAN Diesel for the building of generating sets. It signed the new, two-stroke agreement earlier this month at a ceremony ratified by CSSC, and intends to build engines up to 50 cm bore. The agreement means that MAN Diesel now has a total of seven two-stroke licensees in China. Klaus Engberg, Senior Vice President for MAN Diesel two-stroke licensing said: "At the moment, we are seeing an unprecedented boom in the contracting of ships, particularly in China. However, although engine production is also on the increase, China is still experiencing a shortage of engines. We therefore warmly welcome the decision of CSSC and ZJCME to produce our two-stroke engines." |