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People & Company News

Caterpillar Scoops Platts Award

A new concept in ship propulsion developed by Caterpillar has triumphed at the 17th annual Platts Global Energy Awards in New York. Winning the Commercial Application of the Year category, the twin fin system secured the…

Contracts

ABB Azipod Propulsion for Carnival’s New Ships

Power and automation technology group ABB announced it has won a repeat order worth $60 million to deliver complete electrical power plants and Azipod XO fuel-saving electric propulsion systems for Carnival Corporation’s…