Hayleys Power Limited and Mitsubishi Heavy Industries Engine System Asia Pvt. Ltd. Forge Strategic Alliance to Revolutionise Sri Lanka’s Marine Industry

Hayleys Power Limited and Mitsubishi Heavy Industries Engine System Asia Pvt. Ltd. Forge Strategic Alliance to Revolutionise Sri Lanka’s Marine Industry

Sign Partnership for Marine Propulsion and Power Solutions

Hayleys Power Limited, a subsidiary of Sri Lanka’s largest and most diversified conglomerate Hayleys, has entered into a partnership with world-leading Japanese multinational group, Mitsubishi Heavy Industries, becoming the authorised distributor for Mitsubishi marine engines in Sri Lanka. This collaboration marks a significant milestone in the country’s marine sector, offering world-class marine propulsion and power solutions backed by superior Japanese engineering and the trusted expertise of Hayleys Power Limited. The launch event was attended by senior officials from the government sector, marine industry and other related public sector officials.

Mitsubishi marine engines have long been recognised for their exceptional fuel efficiency, robust performance, and longevity. In an industry where every voyage depends on reliability, these engines are engineered to endure the harshest marine environments while ensuring optimal power output. The product range caters to a broad spectrum of applications, from commercial vessels and fishing fleets to tugboats and offshore operations. Sri Lanka’s deep-sea fishing industry, a vital contributor to the national economy, stands to gain from Mitsubishi’s superior fuel-efficient engines. Fleet owners investing in Mitsubishi propulsion systems will experience reduced operational costs, extended engine lifespan and enhanced overall vessel performance.

This collaboration reflects improving economic stability, strengthening investor sentiment, and the country’s potential for resurgence in key industries. As Sri Lanka continues its path toward recovery and growth, Mitsubishi’s return could pave the way for further foreign investment and sectoral expansion. The combination of Hayleys Power’s extensive service network and Mitsubishi’s renowned engineering will set new industry benchmarks in the marine sector in Sri Lanka. Fleet operators, shipbuilders and marine engineers can access a comprehensive range of inboard propulsion engines and marine generators, supported by Hayleys Power’s expert O&M services, repairs, repowering solutions and genuine spare parts.

Mr. Norio Murakami, Managing Director of Mitsubishi Heavy Industries Engine System Asia Pte. Ltd. said, “We are excited to introduce our marine engines to the Sri Lankan market in collaboration with Hayleys Power. This partnership ensures that vessel operators receive not only top-tier propulsion solutions but also the expertise and technical support necessary for long-term performance and efficiency.”

Mr. Wasaba Jayasekera, Managing Director of Hayleys Power, stated, “This partnership is a game-changer for Sri Lanka’s marine industry. Mitsubishi Heavy Industries is globally recognised for its superior marine engines, and fleet operators can now benefit from advanced, fuel-efficient technology backed by Hayleys Power’s unmatched after-sales support, ensuring maximum reliability for every journey. Together, we are evaluating future opportunities to introduce advanced marine solutions, reinforcing our shared vision of a technologically advanced and sustainable marine industry.”

Hayleys Power, which is part of the Power and Energy Sector of the Hayleys Group, is in the process of consolidating its power and engineering portfolio. The company has already made significant strides in the renewable energy sector, with 48 megawatts of mini-hydro, wind and solar projects under its belt and are now strengthening its marine engineering capabilities, delivering industry-leading solutions that enhance efficiency and sustainability for Sri Lanka’s marine sector.

Beyond high-performance engines, Hayleys Power offers expert installation, servicing, and repowering projects, ensuring seamless vessel operations. With a state-of-the-art workshop in Malabe, Hayleys Power is fully equipped with cutting-edge diagnostic tools, ensuring that Mitsubishi marine engines receive precise maintenance and technical support.

Image Caption (L to R) – Mr. Wasaba Jayasekera, Managing Director of Hayleys Power, Mr. Mohan Pandithage, Chairman and Chief Executive, Hayleys PLC, Hayleys PLC, and Mr. Norio Murakami, Managing Director, Managing Director at Mitsubishi Heavy Industries Engine System Asia Pvt Ltd launching the partnership between Hayleys Power and Mitsubishi.