The market share of marine diesel engines is expected to grow rapidly owing to rising environmental awareness and increasing retrofit efforts. Various government measures to reduce marine pollution across the ECA may impact the demand for low-emission engines. Reductions in CO2 emissions and affordable prices in economically viable locations are some of the key factors driving product installations. The U.S. marine diesel industry is expected to grow significantly through 2027 as the situation normalizes. Rising import and export activities, and subsequent exploration efforts to meet expanding diesel demand, are likely to positively impact the industry outlook in 2021-2027. Worsening crude oil prices favor the deployment of diesel because of its higher efficiency compared to current alternatives.

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The Jugoturbina factory was established by a decision of the Government of the FNRJ on July 24, 1949. under the name Tvornica "Edvard Kardelj" and was registered with the financial administration of the JNA in the register of military companies. By the decision of the Supervisory Board of the city of Karlovac from 31.03.1954. The decision of the Workers' Council of the factory to change the name "Edvard Kardelj" to "Jugoturbina" - Turbine and Machine Factory Karlovac was accepted on Later, in the same year, on December 15, 1954. The name was changed to - Jugoturbina - factory of steam turbines and diesel engines Karlovac, based in Karlovac, Mrzlo Polje 155, which was later changed to Mala Švarča 155. The name of the factory was changed again by the decision of the workers' council on 23.05.1969. Since then, the full name of the factory - Jugoturbina - factory of steam turbines for diesel engines and pumps Karlovac.
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The "Edvard Kardelj" factory from Karlovac produced (delivered, op.) the first series of 30 diesel engines.

The engines will be delivered to customers in Serbia and Macedonia. There are another 70 engines in production. The price per engine is 260,000 dinars.

("Vjesnik", July 1953.)

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