Maritime Propulsion News
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ABS, MARIN Launch Wind Propulsion Project
The classification society ABS and Netherlands based research institute MARIN have launched a Joint Industry Project (JIP) to investigate transparent and validated methods to assess performance of wind-assisted shipping…
Swedish Electric Ferry Gets Superfast Charging
Swedish power company Vattenfall and compatriot electric ferry propulsion systems and marine consultancy platform Echandia Marine cooperate on electric ferry with superfast charging. Vattenfall and Echandia Marine have…
EIB Invests in Low-Emissions Outboard Engines
The European Investment Bank (EIB) has signed a EUR 14 million venture loan agreement with Sweden’s Cimco Marine AB to co-finance its innovation and growth investments. As per the unsecured credit facility agreement, the…
Cimco Marine Names Per Wigren as CTO
Cimco Marine AB, the maker of OXE Diesel, the world's first diesel outboard engine in the high-power segment, announced that Per Wigren has been appointed chief technology officer (CTO). The Swedish company said that Per…