Doosan Engine signs extension to Wärtsilä licensing agreement

Marine engines supplier Wärtsilä and its Korean partner Doosan Engine have signed a 10-year extension to Doosan’s licensing agreement to build Wärtsilä low-speed engines.

The agreement renewal covers the period from 2012 to 2021.

Under the terms of the agreement, the licensee is authorised to manufacture and sell Wärtsilä low-speed marine diesel engines within its specified territory.

The full range of Wärtsilä TA, RT-flex and X-series marine engines are included in the scope of the agreement.