MJP News October 2013: Breaking news

17 October 2013

(Read PDF here - ALSO IN KOREAN)

Marine Jet Power preferred bidder in prestigious project in South Korea

Marine Jet Power (MJP) is the global market-leader in water jets for governmental applications. MJP provides a unique and unbeatable offer: products designed for heavy-duty applications that are matched to world-class service with fast and dedicated support. User surveys show that the ompany’s products and its service team both consistently out-perform market expectations.

Marine Jet Power is proud to announce that the company has been selected as preferred bidder of water jet equipment for the South Korean Navy project, PKX-B.

The South Korean Defense Bureau, (DAPA) appointed Hanjin Heavy Industries & Construction Co., Ltd. to design the next generation of PKX vessels for the South Korean Navy. The PKX-B project is a large and prestigious contract involving a significant number of vessels over a long period of time.

Working in cooperation with the Busan-based company, Krosys, the jets will be produced under license in order to involve local content. “Through Krosys, Marine Jet Power made the most attractive total offer when weighing all the technical and commercial aspects,” says Nils Morén, MJP’s principle contact for Korean sales. “Our strongest selling points are unmatched performance, a robust product, our unique five-year warranty, reliable partners and many years of hard work.”

Previously, Marine Jet Power partnered successfully with another local entity, Meksan/UBMTECH, to win the important KCG 500-ton and Navy LCM-Waterjet Landing Craft project. Through the PKX-B project, Marine Jet Power is now reinforcing its presence in the South Korean market by adding capabilities for local manufacturing and service.

In more than 30 nations, governmental organizations such as Navies, Coast Guards and Customs have selected Marine Jet Power products, thus raising the company to a position of market leadership in this segment.

With the acquisition of Ultra Dynamics in 2012, Marine Jet Power now provides three ranges of jets: the MJP Ultrajet with smaller aluminum axial-flow jets; the medium- sized MJP DRB; and the large MJP CSU mixed-flow all stainless steel units with a five-year warranty.

The head office of Marine Jet Power is located in Sweden. Production facilities and Sales and Service are based in Sweden and in the UK. Additional Sales and Service offices are located in the US and Singapore, and agents representing MJP Sales and Service can be found in more than 30 countries.

“Our expanded global Sales and Service organization is now in line with the company’s long-term growth plan,” says Hans Andersson, MJP’s head of international marketing.