MHI-MME propeller license agreement

21 Oct 2014
The new license agreement should help MHI-MME achieve expanded penetration in the fast-growing Chinese market

The new license agreement should help MHI-MME achieve expanded penetration in the fast-growing Chinese market

Mitsubishi Heavy Industries Marine Machinery & Engine (MHI-MME) has signed a licensing agreement with Changzhou Zhonghai Marine Propeller (CZZH) for the company to manufacture and market its marine propellers.

The move marks the first time that MHI-MME has licensed its propellers, although it has already licensed a variety of its marine machinery including 2-stroke speed engines, marine auxiliary boilers, marine turbines and steering gears to Chinese companies.

The licensing agreement applies to the complete line-up of Mitsubishi Advanced Propellers (MAP) designed by MHI-MME, including the Mark-W, an advanced model delivering outstanding propulsive efficiency.

MHI-MME said that the agreement was reached because of a meeting of the two companies’ aims. It is seeking to achieve expanded penetration of Mitsubishi brand propellers in the fast-growing Chinese market for marine products.

CZZH meanwhile is looking to respond to the Chinese market’s demand for high-performance propellers with fully integrated capabilities from design through manufacture. 

The company is an independent corporation established in 1992 and headquartered in the city of Changzhou in Jiangsu Province. Initially the company launched operations manufacturing ingots, but in 2006 it shifted to production of propellers.

In March 2014, CZZH opened a new manufacturing plant giving the company a production capacity of nearly 5,000 tonnes of propellers per year.

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