13 November 2015 – Almere, the Netherlands
Mitsubishi Turbocharger and Engine Europe B.V. is strengthening its position in the gas market for industrial and maritime applications with the acquisition of Gas & Diesel Power AS. With this acquisition Mitsubishi aims to expand their business scale and establish a gas marinization and application center. Gas & Diesel Power will participate to further develop our products and our sales and service network.
The current market conditions challenge the maritime industry to rethink the traditional propulsion systems. With competitive LNG pricing and availability, this power source could significantly reduce environmental pollution. Particularly in terms of far lower emissions of NOx and harmful particulates. The concept of integration between MHI and Gas & Diesel Power is to accelerate the development of gas engines utilizing their knowledge and expertise about gas marinization and expand sales of standard gas engines in EMEA. Gas & Diesel Power will continue to serve the Norwegian market as they have been doing since 1985.
About Gas & Diesel Power AS
Gas & Diesel Power has been Mitsubishi’s trusted partner since the start in 1985. They are pioneers in the use of gas engines for marine application. Since 1999 Gas & Diesel Power has collaborated with Mitsubishi resulting in the first commercial vessel operating on LNG. The M/F Glutra was equipped with four Mitsubishi GS12R-MPTK gas engine driven generating sets for electrical propulsion and have accumulated over 200.000 running hours to date. After this innovative project several other projects followed and till date 15 ships with gas generating sets are operating under the supervision of Gas & Diesel Power. As a solid partner Gas & Diesel Power makes tailor solutions for maritime, industrial and offshore.
About Mitsubishi Turbocharger and Engine Europe B.V.
Mitsubishi Turbocharger and Engine Europe B.V. provides diesel and gas engine solutions and generator sets for marine, industrial, construction, agricultural and integrated power plant applications. MTEE operates in the regions Europe, Russia, Middle East and Africa. The company is a fully-fledged subsidiary of Mitsubishi Heavy Industries Ltd. (MHI) in Japan, located in Almere, the Netherlands.