MAN fears losing market share in China on Covid restrictions

MAN Energy Solutions hopes for China to soon ease its tough Covid restrictions, otherwise the major engine manufacturer could lose market share in the longer term, says SVP and head of the two-stroke business Bjarne Foldager to ShippingWatch.

Photo: MAN

For nearly two years, MAN Energy Solutions has by and large had no sales people in China to secure new orders for one of the world's largest markets for ship newbuilds, which is putting pressure on the large engine manufacturer's leading position in the Chinese market.

Bjarne Foldager, senior vice president and head of MAN's two-stroke business, admits as much in an interview with ShippingWatch.

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