Japan Engine Corporation (J-ENG) has announced that the cumulative orders of its latest UE engine model, "LSH series," has surpassed 500 units. This marks a significant milestone, demonstrating the expansion of UE Engine market share globally and the growth of its licensing business, which supports revenue growth.
The "LSH series" is a cutting edge strategic main engine model that combines high economy, high reliability, and environmental friendliness. Targeting small to medium-sized vessels, "LSH series" can offer a wide range of bore sizes from 33cm to 60cm which is a specialty of UE Engines, and complies with IMO NOx Tier III regulations.
Not only in Japanese market, but also in the rapidly growing Chinese market, J-ENG, in strong cooperation with their licensees, actively promoted the expansion of the "LSH series". As a result, "LSH series" received high praise from many customers and were able to accumulate many orders intensively in a short period of time.
Furthermore, based on the highly reliable technology established with the LSH series, J-ENG is accelerating the development of next-generation fuel engines such as ammonia fuel engines (LSJA), hydrogen fuel engines (LSGH), and methanol fuel engines (LSJM), further strengthening its response to the demand for the decarbonization.
J-ENG leverages its strengths as the world's only global licensor, capable of handling from development, design, manufacturing, sales, and after-sales service, and will steadily advance its growth strategy by deepening its collaboration with the globally expanding UE family, aiming for further penetration of the "UE brand" and expansion of its global market share.
The cumulative orders of the latest UE Engine model, "LSH series" has surpassed 500 units ~Strongly driving the expansion of the licensing business and growth in global market share~
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Earlier from Japan Engine
- Japan Engine: J-ENG's global expansion is leading to a rapid increase in UE engine production. ~The growth cycles in the three main sectors, “Main Engines, Licenses, and After-Sales Service” are operating in a virtuous cycle. ~
- Japan Engine: World’s First Hydrogen-Fueled Operation of a Main Engine in Factory for a Large Commercial Vessel ~Project Accelerates Toward Demonstration Operation of a Hydrogen-Fueled Multi-Purpose Vessel~ (565KB)
- Japan Engine: J-ENG Renews License Agreement with Akasaka Diesels Limited~ Including License for Ammonia Fueled Engines, Promoting Efforts Towards Decarbonized Society ~
- Japan Engine: World’s First Land-based Operation of Marine Hydrogen Engine Achieved by Consortium (1.0MB)
