Hyundai achieves milestone in medium-speed engines
Hyundai has produced 9,089 medium-speed engines since the production of the first medium-speed engine in August 1990. It has produced about 4,000 engines with 10 million bhp in three years after recording an accumulated 10 million bhp production of mid-sized marine engines in 2007. The company claims it accounts for 25% market share of the 4-stoke marine engine market as of 2009.
Medium-speed engines ranging from 600 to 13,000 bhp are used as the power generator on large sized vessels, propulsion systems of medium sized ships and as the prime mover in on-ground power facilities.
Hyundai Heavy has a capacity of 1,800 units of medium-speed engine, with the regularly updated HiMSEN engine being the most popular based on its reliability and versatility.
Hyundai Heavy Industries claims it is the world’s largest marine engine manufacturer with 35% market share of the marine engine market since 1988. It has a capacity of 500 units of low-speed engines and expects to record 100million bhp of two-stroke engine production by late September 2010.