Maritime Propulsion Power the maritime industry

Contracts

Fairbanks Morse, MAN D&T: $33.5M for MSC Power

F airbanks Morse LLC, Beloit, Wisconsin (N3220518D4901); and MAN Diesel and Turbo Middle East LLC, Dubai, United Arab Emirates (N3220518D4902), are being awarded a combined cumulative $33,344,779 ceiling multiple award…

Marine Propulsion

ABB’s Azipod for superyacht Tuhura

ABB’s Azipod propulsion will power Oceanco’s visionary superyacht inspired by Polynesian canoes and outfitted with the latest technology. Perfectly suited to the canoe form, ABB’s contra-rotating Azipod technology…

Finance

Virtue Investment Pumping up to $5 Mln into PBES

PBES and Virtue Investment Fund today announced the completion of terms and transfer of first tranche of funds for an investment into PBES’ parent company TTB Holdings. In a first investment phase Virtue Investment is…

People & Company News

SCHOTTEL Far East Relocated

The SCHOTTEL Singapore subsidiary has relocated to its new facilities next to the new shipyard centre in southwestern Singapore. This heavy investment shows SCHOTTEL’s strong interest in the long-term partnership with…

New Products

Torqeedo Launches 403 C Electric Outboard

The Ultralight 403 C is a new, longer-running model of Torqeedo’s smallest electric outboard with integrated lithium battery. The Ultralight 403 C boasts a 915 Wh battery – 2.85 times the battery capacity compared to the…

Technology

MOL Adopts 'Common Rail Fuel Injection' System

Mitsui O.S.K. Lines, Ltd. announced that its group company, Mitsui O.S.K. Kinkai, Ltd. will use a main engine equipped with the MAN Diesel & Turbo SE (MDT)-developed “common rail fuel injection system” on a newbuilding…