Latest news and insights from shipbuilding & marine equipment.
Volkswagen Group has agreed to sell a 51 percent stake in Everllence, the rebranded MAN Energy Solutions, to private equity firm Bain Capital in a leveraged buyout expected to generate proceeds of approximately US$8.4 bi…
A wave of new marine energy storage system launches and partnerships is addressing the two most persistent barriers to vessel electrification, high upfront capital expenditure and lengthy installation timescales, with de…
Phoenix International Holdings has successfully completed an emergency underwater repair operation on a foreign-flagged bulk carrier that ran aground in the Gulf of America, mobilising a team of commercial divers to Pasc…
Pelagus, a 50/50 joint venture between thyssenkrupp and Wilhelmsen, has built a supply chain model that uses additive manufacturing to produce legacy spare parts for ageing ships and offshore installations on demand, wor…
ST Engineering is developing a containerised hydrogen electrolyser and fuel-cell propulsion package for installation on a newbuild tugboat in Singapore, in a trial designed to test the viability of hydrogen as a zero-emi…
Get essential ocean economy news delivered to your inbox every morning. Market insights, policy updates, and expert analysis.
Unsubscribe anytime.
