MHI-MME Launches New Models of Small, Lightweight, and High-Efficiency Turbochargers for Diesel Engines
Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011), has developed new models of its MET Turbochargers for diesel engines. The MET-MBII axial-flow turbocharger series mainly for two-stroke engines is smaller and lighter than the existing MET-MB series, with a 16% greater air flow capacity. The MET-ER radial turbocharger for four-stroke engines is more compact, and with fewer components for improved maintainability.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180830005264/en/
MET-MBII Axial-flow Turbocharger (Photo: Business Wire)
Axial-flow turbochargers are mainly used for large two-stroke marine propulsion diesel engines. The MET-MBII series has been reduced in size to lower the initial cost, weight, and maintenance costs, while still retaining the same performance as the MET-MB series, which has reached cumulative production of more than 2,000 units, and demonstrated high reliability and maintainability.
Radial turbochargers are mainly used for four-stroke engines for marine and land use. The MET-ER series offers improved performance and a more compact size compared to the MET-SR series of radial turbocharges, which reached a cumulative production total of 15,000 units in 2018. Comparing systems with 1,000kW output, the new MET16ER is around 40% smaller than the existing MET18SRC because of the greater air flow capacity. It also offers improved maintainability with around 30% fewer components, which results in a lower initial cost, enhancing its environmental performance, economic efficiency, and functionality.
MHI-MME will exhibit the new model MET turbochargers, along with virtual reality (VR) and mixed reality (MR) presentations, at SMM 2018, the world’s leading trade fair for the maritime industry, to be held in Hamburg, Germany for four days from 4 September. The exhibit will highlight the high standards met by the new models, including the high pressure ratio performance, smaller size, and lower cost that are required by the market to comply with the stricter regulations on exhaust gas from marine vessels and to enhance the efficiency of ship engines.
MHI-MME was launched as a group company of MHI in October 2013, adjusting form through splits and consolidation of group business, and a change to the company name. MHI-MME provides the global maritime industry with sales and licensing of a broad lineup of marine machinery, including MET turbochargers, marine boilers and turbines, steering gears, fin stabilizers, propellers, deck cranes, and deck machinery.
Going forward, with the aim of gaining a largest share of the global market for MET turbochargers, MHI-MME will work to further enhance product efficiency, and reduce the size and weight, and build a global production and sales network with an additional focus on expanded licensing.
About Mitsubishi Heavy Industries Group
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one
of the world’s leading industrial firms with 80,000 group employees and
annual consolidated revenues of around 38 billion U.S. dollars. For more
than 130 years, the company has channeled big thinking into innovative
and integrated solutions that move the world forward. MHI owns a unique
business portfolio covering land, sea, sky and even space. MHI delivers
innovative and integrated solutions across a wide range of industries
from commercial aviation and transportation to power plants and gas
turbines, and from machinery and infrastructure to integrated defense
and space systems.
For more information, please visit MHI’s website: www.mhi.com/index.html
For Technology, Trends and Tangents, visit MHI’s new online media SPECTRA: spectra.mhi.com
Mitsubishi Heavy Industries, Ltd.
James Bennett, +81-(0)3-6716-2168
Corporate Communication Department
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Valence Advises Golden Gate on Acquisition of Active Minerals19.11.2018 19:07 | Pressemelding
The Valence Group acted as financial advisor to Golden Gate Capital on its announced acquisition of Active Minerals International from Merit Capital Partners. Financial terms of the transaction were not disclosed. About Active Minerals International Active Minerals International LLC (AMI) is a worldwide leader in the production and marketing of kaolin and gel quality attapulgite clay minerals. Its products are sold throughout the world for industrial, agricultural and construction related applications. AMI is the world’s largest supplier of gel quality attapulgite (clay) and is the largest supplier of air-float kaolin to the glass manufacturing process. About Golden Gate Capital Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divest
Moody’s Analytics Earns #4 Spot in 2019 Chartis RiskTech100®19.11.2018 16:45 | Pressemelding
Moody’s Analytics, a global provider of financial intelligence, has been ranked #4 in the 2019 Chartis RiskTech100®, our best-ever finish. We also won awards in the Strategy category and in five solution categories: CECL, IFRS 9, Balance Sheet Risk Management, Credit Risk for the Banking Book, and Model Validation. This year, Moody’s Analytics earned a category award in one of the overall Chartis categories, Strategy, which considered our ability to execute, our vision and leadership, and our financial performance. Click here for more on our solution category wins. Now in its 13th year, the RiskTech100® evaluates technology companies that provide risk and compliance solutions to financial institutions. Moody’s Analytics has finished in the top five of these rankings for three straight years. “Moody’s Analytics continues to help its clients across the globe to satisfy their risk technology needs,” said Rob Stubbs, Head of Research at Chartis Research. “The breadth of its offerings is re
Moody’s Analytics Wins Five Solution Category Awards in 2019 Chartis RiskTech100®19.11.2018 16:45 | Pressemelding
Moody’s Analytics, a global provider of financial intelligence, has won five solution category awards in the 2019 Chartis RiskTech100®: CECL, IFRS 9, Balance Sheet Risk Management, Credit Risk for the Banking Book, and Model Validation. We also earned the #4 overall ranking – our highest-ever position and third straight top-five finish – and took the award in the Chartis Strategy category. Click here for more on our ranking and Chartis category win. “We’re honored by the recognition we received in this year’s RiskTech100®,” said Jacob Grotta, Managing Director-Head of Risk & Finance Analytics. “Winning five categories demonstrates that our solutions are empowering financial professionals across the lending, risk, and finance functions to make better, faster decisions.” We have now won the Credit Risk category for three straight years, reflecting both our deep credit experience and our continued investment and innovation in our wholesale and consumer credit assessment and origination so
Axonics® Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares19.11.2018 16:30 | Pressemelding
Axonics Modulation Technologies, Inc. (NASDAQ: AXNX) (“Axonics”), a medical technology company focused on the design, development and commercialization of innovative and minimally invasive sacral neuromodulation (“SNM”) solutions for the treatment of overactive bladder (“OAB”), fecal incontinence (“FI”), and urinary retention (“UR”), today announced that the underwriters of its initial public offering exercised in full their option to purchase an additional 1,200,000 shares of common stock from Axonics at the initial public offering price of $15.00 per share, less underwriting discounts and commissions. With this exercise, the total number of shares of common stock sold by Axonics in the offering increased to 9,200,000 shares, representing total gross proceeds of $138 million, before underwriting discounts and commissions and offering expenses. Axonics’ common stock began trading on The Nasdaq Global Select Market under the ticker symbol “AXNX” on October 31, 2018. BofA Merrill Lynch a
Jefferies Appoints Fred Jallot Head of Fixed Income in Europe19.11.2018 14:52 | Pressemelding
Jefferies today announced the appointment of Fred Jallot as Head of Fixed Income, Europe. He will be based in the firm’s London office starting January 2, 2019 and will report to Fred Orlan, Global Head of Fixed Income at Jefferies. Tim Cronin, who has also served as Head of Fixed Income, Europe, will relinquish this role and continue to serve as President of Jefferies International Limited, Jefferies’ London-based subsidiary. “We are very excited to have Fred Jallot join Jefferies’ leading global fixed income platform,” commented Mr. Orlan. “As a broadly experienced professional in global fixed income, his relationships and leadership will further enhance Jefferies’ growth in this market. This senior hire is an example of Jefferies’ emphasis on enhancing our firm’s European capabilities to serve our regional and global client base,” he added. Mr. Jallot was most recently Global Head of Credit and Asset-Backed Securities in Europe, the Middle East and Africa at Nomura, and previously s
From Niche to Normal – Cannabis Use Becoming More Accepted in the United States19.11.2018 14:47 | Pressemelding
Growing numbers of consumers support the legalization of cannabis in some form and a majority believes it has a positive impact on the economy, according to the newly released 2018 Fall Cannabis Culture Poll, developed jointly by leading global communications agency BCW (Burson Cohn & Wolfe), PSB Research and Civilized, a premium media and lifestyle brand that embraces and highlights modern cannabis culture. A full 83 percent of the poll’s respondents (U.S. adults, cannabis consumers and non-consumers) say they support some form of legalization of cannabis. Sixty-three percent of non-consumers, and 95 percent of cannabis consumers, say legalization has had a positive economic effect on the states where use has been made legal. PSB Research, in partnership with BCW and Civilized, conducted online interviews between September 26 and October 4, 2018 with 1,200 U.S. adults aged 21 and older to explore views on cannabis and its usage and to determine general habits and behaviors of those wh