Maritime Propulsion News
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EIB Invests in Low-Emissions Outboard Engines
The European Investment Bank (EIB) has signed a EUR 14 million venture loan agreement with Sweden’s Cimco Marine AB to co-finance its innovation and growth investments. As per the unsecured credit facility agreement, the…
People & Company News
Cimco Marine Names Per Wigren as CTO
Cimco Marine AB, the maker of OXE Diesel, the world's first diesel outboard engine in the high-power segment, announced that Per Wigren has been appointed chief technology officer (CTO). The Swedish company said that Per…
People & Company News
PROPULSION: ‘Power’ to the People
Interstate-McBee brings affordable aftermarket replacement parts to a marine sector thirsting for new ways to bolster the bottom line. As freight rates, subchapter M and the advent of EPA Tier IV requirements all impact…
Marine Equipment
Shipping Giants May Miss Climate Targets
A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships. CDP, an international non-profit that drives companies and…
Technology
IMO 2020: Hydrogen's Future in Maritime
Hydrogen fuel cell technology to Satisfy Future IMO Requirements With an ongoing push by the maritime community to reduce ship emissions to satisfy IMO MARPOL Annex VI regulations and limit the sulfur content of ships…
Technology
