Latest News

Diesel’s pathway to a renewable future

Manufacturers are developing even cleaner, more efficient, diesel engines! From coupling with hybrid-electric technology, use of biofuels, new gen of advanced diesel is part of a sustainable future.

Deutz hydrogen engine ready for market

A brand-new hydrogen engine has been developed in Cologne, Germany to help accelerate the rollout of low and zero emission drive systems. Developed by Deutz, the TCG 7.8 H2 engine has already passed initial tests on the test bench and is scheduled to go into full production in 2024.

Volvo Hybrid vessel to avoid interfering with the wilderness

Volvo delivered an hybrid vessel to explore Svalbard archipelago

North of mainland Europe, it is about midway between the northern coast of Norway and the North Pole (Wikipedia). Volvo Penta is running a pilot project with Svalbard’s oldest tourist operator, Hurtigruten Svalbard, to test a state-of-the-art hybrid Marell M15 vessel called Kvitbjørn (’Polar Bear’ in English) that will change how tourists experience this natural wonder, delivering near-silent operation and creating a more enjoyable experience for tourists and wildlife alike.

USCG issues interim rule on fire safety of small passenger vessels

In response to the deadly Conception dive boat fire, the U.S. Coast Guard is issuing an interim rule as the first step to implementing statutorily mandated requirements for fire safety on certain covered small passenger vessels. This interim rule adds additional fire safety requirements for small passenger vessels, including fire detection and suppression systems, avenues of escape, egress drills, crew firefighting training, watchmen monitoring devices, and the handling of flammable items such as rechargeable batteries.

Southern Wind begins construction of new hybrid smart custom superyacht

Southern Wind has commenced construction of their first hybrid smart custom yacht, SW108#1, the company announced this week. “Hull and deck of this first unit in the new SW108 hybrid are currently under lamination and the delivery is scheduled for early summer 2023,” the company said in a statement. The company also detailed several of the yacht’s features, including an increased sail plan, twin rudder configuration, and a displacement of only 73.2 tonnes.

OXE Marine joins forces with US distributor

Outboard manufacturer OXE Marine AB has announced it is joining forces with its largest distributor, Diesel Outboards and Outdoor Network Manufacturing in the US, to significantly strengthen the focus on commercial and distribution development. In conjunction with the transaction, Magnus Grönborg has decided to step-down as CEO due to personal reasons and the Board of Directors has appointed Anders Berg as acting CEO, commencing this role during January but no later than the 31st of January. The US outboard market represents approximately 40% of the world-wide sales of outboard engines and between 40%-50% of OXE Marine’s revenue.

Aqua superPower and Tritium announce partnership to power electric boats on global waterways

Aqua superPower has partnered with Tritium, a global leader in DC fast-charging hardware and software, to expand the charging network for electric boats.  Aqua superPower is said to be the world’s first fast-charging network operator for marinas, boatbuilders and boat owners, bringing electric power to the water and reducing the impact of boating on marine ecosystems. The company has been rolling out its network of marine fast-chargers with recent installations along the Cote d’Azur and the Italian Riviera, another in Venice, and a further 150 chargers planned next year, with substantial deployment growth to come thereafter.

Vision Marine to initiate stock repurchase program

The repurchase program will be funded using the company’s working capital. The Board of Directors of Vision Marine Technologies, maker of the E-Motion electric outboard powertrain, has authorised a stock buyback of up to 10% of the company’s common shares via privately negotiated transactions and open market purchases.

Yamaha US to acquire IoT systems manufacturer

Full acquisition of remote monitoring firm to be completed by end of this year. Yamaha Motor USA has announced its intention to acquire remote monitoring and marine IoT systems manufacturer Siren Marine. Financial terms of the transaction were not disclosed.

Volvo Penta, Danfoss to accelerate marine ‘electromobility’

Deal set to take industry’s electromobility development to the next level. Volvo Penta and Danfoss’ Editron division have signed a partnership agreement that it is claimed will drive the transformation towards sustainable power solutions within the marine industry while taking the industry’s electromobility development ”to the next level”. The partnership will help both companies take the next steps in sustainable power solutions to deliver the highest quality future-proof technology to customers and supports the Volvo Group’s commitment to the Science Based Targets initiative, made in May 2020. That announcement laid out the company’s next steps in adjusting and futureproofing in line with the ambitions of the Paris Climate Agreement. Meanwhile, Danfoss is currently looking to become CO2 neutral in all of its global operations by 2030.