Mitsubishi Heavy Industries (MHI) signed an agreement with Imabari Shipbuilding to licence the production and marketing of deck machinery to the shipbuilder, Seatrade Asia online reports.
The production of licensed machinery is scheduled to start in April 2013.
Through licensing, MHI aims to expand its market share of deck machinery based on the company's technology and respond to requests from Imabari, which looks to enhance business through deck machinery production.
Deck machinery consists of anchor windlasses, which are used for anchoring and anchor hoisting, and mooring winches, which are used to moor a vessel to a pier or berthing facilities.
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