ICOMIA, NMMA present decarbonization report

The International Council of Marine Industry Associations (ICOMIA) announced during METSTRADE in Amsterdam, new research outlining a portfolio of technologies best positioned to continue to propel the industry toward decarbonization. NMMA president Frank Hugelmeyer and ICOMIA president Darren Vaux presented the global research, which specifically looks at marine propulsion in boats under 24m (roughly 79

ABB introduces new propulsion system

The Swiss technology group named the innovative concept ABB Dynafin, which it said took over a decade of research, development, and testing.

Hybrid and full electric marine propulsion market to hit $7,516.7 mn by 2026

The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse