Mitsui E&S and Germany's Everllence have reached the 100th anniversary of signing their license production agreement for marine engines and maintain a high share of the domestic large marine engine market.
Mitsui E&S has reached the 100th anniversary of signing its license production agreement for marine engines with Germany's Everllence. This marks a milestone in their cooperation to date.
The continuation of the agreement is said to have given Mitsui E&S a share of more than 60% in the domestic large marine engine market. The company has maintained a production structure under the licensing framework over the long term.
The article does not set out any specific future outlook, but reports that cooperation based on the contractual relationship has continued for many years.