Accelleron and HD Hyundai Marine Solution renew long-standing service agreement
Press release | Baden, Switzerland | May 9, 2024
- Agreement extends relationship with world’s biggest builder of marine engines and its service division
- Accelleron continues support for HMS as one-stop shop for engine and turbocharger service
- Eco-friendly solutions including Engine Part-Load Optimization (EPLO) to further support decarbonisation of the maritime industry
Accelleron has renewed its service agreement with the world’s biggest engine builder HD Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD) and its lifecycle service company HD Hyundai Marine Solution (HMS). The agreement, continuing the collaboration, will ensure that owners of engines built by HHI-EMD and vessels or power plants serviced by HMS can benefit from Accelleron’s turbocharger service expertise, spare parts, lifecycle upgrades and efficiency solutions.
As part of the cooperation, Accelleron will assure delivery of spare parts and expert service for all its turbochargers installed on HIMSEN four-stroke engines designed and two-stroke engines built under license by HHI-EMD. Vessels serviced by HMS will also have access to eco-friendly upgrades including Engine Part-Load Optimization (EPLO), which can significantly improve engine efficiency and emissions on vessels operating at lower engine loads to comply with design efficiency and carbon intensity requirements.
HD HMS AM Sales Managing Director, Jang-ho Kim and Accelleron Head of Global Service Sales, Dirk Balthasar during the Service Agreement Signing ceremony
By providing a long-term maintenance offering, Accelleron supports HMS in its role as a one-stop service company providing customers with a lifetime service covering engines and turbochargers. The two companies are also engaged in a digital cooperation, sharing data that enables both Accelleron and HD Hyundai to support customers in increasing engine efficiency and reducing operational costs and emissions.
HHI-EMD has a 35% share of the marine diesel and multi-fuel engine market. More than 15,000 HiMSEN four-stroke engines installed on vessels to date. The company also has a commanding share of the two-stroke engine market, building engines under license from leading engine designers for installation on ships primarily built at HD Hyundai shipyards. HMS offers lifecycle services to all vessels built by HD Hyundai, which is the world’s largest shipbuilder.
HD HMS AM Sales Managing Director, Jang-ho Kim said:
“HD HMS is confident that its partnership with Accelleron will play a critical role in achieving the maritime industry's decarbonization goals. This collaboration will enable us to equip our customers with even more efficient and sustainable ship solutions.”
Accelleron Service Division President Roland Schwarz said:
“The long-lasting cooperation between HD Hyundai and Accelleron is built on trust and close collaboration, developed throughout the years to the benefit of our joint customers. The renewal of this agreement is a strong commitment to jointly develop our service offerings further, supporting the decarbonization of the maritime industry by combining engine and turbocharger competence.”
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Accelleron is accelerating sustainability in the marine and energy industries as a global technology leader in turbocharging, fuel injection, and digital solutions for heavy-duty applications. Building on a heritage of over 100 years as a trusted industry partner, the company serves customers in more than 100 locations in over 50 countries. Accelleron’s 2,600 employees are continuously innovating to deliver best-in-class products, services, and solutions that are mission-critical for the energy transition.