The board of directors of OXE Marine AB (publ) (the “Company”) convenes an extraordinary general meeting on 17 February 2022 and proposes inter alia that the general meeting resolves to issue new shares to Power Sports Plus, LLC, as payment for the shares in OXE Marine Inc and OXE Marine Manufacturing Inc as press released by the Company on 22 December 2021 (the “Transaction”). This means that the Transaction will be completed on the same date and Anders Berg will simultaneously commence his role as CEO in the Company.
Month: January 2022
New truckable tug features twin diesel outboards
Diesel outboard motor technology is disrupting the industry with increased reliability, torque, and fuel efficiency over traditional gasoline powered outboards, says Silverback. The River Ox will feature twin, 300 hp OXE diesels for a combined 600 hp., with only 38 inches of draft, making the vessel well suited for shallow bay or river operations, yet featuring the hull stability required for use in moderate to mid sea states.
ELECTRIC & HYBRID MARINE EXPO NORTH AMERICA 2022
Technologies for electrification and hybridization of workboats, ferries, superyachts, other marine vessels + port and harbor infrastructure
The Electric & Hybrid Marine Expo North America Conference and Exhibition, to be held in Houston, Texas, March 23 & 24, 2022, is dedicated to showcasing the very latest and next-generation electric and hybrid marine propulsion technologies and port infrastructure solutions. With exhibits and conference speakers from all over the world, the event is exclusively for shipowners, shipyards, operators, fleet managers and port authorities interested in exploring the next generation of marine propulsion and port infrastructure.
Southern Illinois Transfer’s new towboat powered by Mitsubishi engines from Laborde
Southern Illinois Transfer, Sparta, Ill., is building a new retractable pilothouse vessel at Kaskaskia Shipyard Inc., Red Bud, Ill. The new towboat will be powered by two Mitsubishi diesel propulsion engines, supplied by Laborde Products, Covington, La.
Main propulsion will come from Mitsubishi S6R2-Y3MPTAW Tier 3 diesel marine engines rated at 803 hp at 1,400 rpm each. Additionally, this is the first build where Laborde supplied Mitsubishi engines to be coupled to Veth Z-drives.
Dutch dealer to electrify fleet
Seven new electric motoryachts commissioned for the coming season
Citing statistics that indicate tourism is responsible for 8% of global greenhouse gas emissions, a Dutch yacht dealer/charter company contends electric boats would enable emission-free boating, and has commissioned seven new electric motoryachts for the coming season.
Family-owned Natural Yachts predicts that the company’s seven e-yachts will save 86 tonnes of CO2compared to a diesel-powered boat. Seven diesel boats would emit as much CO2 in the eight-month rental season as 18 Dutch households in an entire year.
Brunswick Sustainability Leadership Awards – winners announced
The two winners will each direct grant funds to sustainability-focused nonprofit organizations
Brunswick Corp has announced the winners of its inaugural Sustainability Leadership Awards, which celebrate the company’s commitment to sustainable, responsible practices by recognising outstanding environmental, social and governance (ESG)-focused contributions of individuals and teams at Brunswick facilities around the world.
Brunswick employees nominated sustainability initiatives across four categories (People, Products, Energy and Environment), which were reviewed by a panel of company leaders based on criteria that evaluated each initiative’s innovation, complexity, ESG impact metrics and project execution.
Caterpillar Q4 revenues up 23%
Full-year net profit jumps 116% on continued high demand in all segments for US engine builder
Caterpilllar reported strong sales results in all segments including marine, driven by continuing high demand for produits like its new C32B marine engine
Illinois, US-based engine builder Caterpillar Inc released its 2021 fourth-quarter and full-year financial results early Friday, reporting revenue gains of 23% for the quarter and 22% for the full year.
The company reported fourth-quarter revenues of US$13.79bn, representing a 23% year-over-year increase from revenues of $11.2
Q&A With Pure Watercraft CEO Andy Rebele
In late November, General Motors said it had acquired a 25 percent stake in Pure Watercraft, the Seattle-based e-propulsion outfit, for approximately $150 million. The automaker plans to invest $35 billion in electric and autonomous vehicle technology during the next four years. The deal with Pure Watercraft reflects GM’s mission to take the “holistic approach necessary for widespread EV adoption.”
Dockmate launches softdocking technology
Dockmate, manufacturer of advanced wireless remote control systems for yachts, announced today an absolute revolution in easy and stress-free docking with SoftDocking, its newly-patented technology. Regardless of the size or type of boat, power or number of engines, one thing that every boater understands is that docking is made more complex by the delay between engaging the throttle and the moment the boat begins to move. Unlike cars, where there is no immediate burst of power when the gas pedal is pushed and the driver can ease into motion, boat engines will fully engage immediately when put into gear. Docking skills are so critical to safe and enjoyable boating that beginner, and even some advanced, boating safety courses have sections entirely dedicated to safe docking techniques.
Electric boat propulsion drives – new gear for 2022
Six of the latest electric boat propulsion drives and outboards new for 2022, as released at the METS trade show.
