Yanmar Holdings Co., Ltd., announced it has acquired a majority share in ELEO Technologies B.V., a battery technology company based in the Netherlands, as the Japanese multibillion dollar multinational company aims to advance its electrified…

Spanish police on Monday impounded a superyacht belonging to Russian oligarch Viktor Vekselberg on behalf of U.S. authorities, the first time the United States has seized property belonging to a Russian oligarch since its invasion of Ukraine…

ABB announced it has secured an order from Polish shipbuilder Remontowa Shiprepair Yard S.A. to supply integrated power, automation and propulsion solutions to three large passenger and car ferries to operate in the Baltic Sea. The 195-meter…

Kongsberg Maritime (KM) announced it is dividing its propeller systems into three distinct categories, C-Line, P-Line, and X-Line.The ‘C’ in C-Line stands for ‘Configured’, and indicates that these propellers are configured within a pre-defined…