GE's Chairman Jeff Immelt Retires

U.S. industrial conglomerate General Electric Co's chairman Jeff Immelt retired earlier-than-expected on Monday, with the company naming Chief Executive John Flannery as his replacement. Immelt, who was expected to…

People & Company News

Deutz Aims for Hybrid, Electric Engines by 2020

Specialty diesel engine maker Deutz aims to expand its business to include hybrid and battery-powered engines from 2020, banking on an expected boom in demand for electric vehicles. "In future, we no longer want to…

New Products

Torqeedo Acquired by DEUTZ

Torqeedo Acquired by DEUTZ Independent engine manufacturer DEUTZ announced it has acquired Torqeedo, provider of electric drive systems for watercraft. As an independent subsidiary of DEUTZ AG, Torqeedo will continue…

People & Company News

FueLNG Completes First Commercial LNG Bunkering in Singapore

FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for…

Marine Propulsion

Neptune Shipyard Completes First AIDAnova Module

A module of the new cruise ship AIDAnova has been released into the water for the first time at the Neptun shipyard in Rostock, which belongs to the Meyer Group. This is the first of two floating parts, so-called…

Marine Propulsion

European Shipowners Discuss Emissions Reductions

In the European Shipowners’ seminar on CO2 reductions in the shipping industry one message was clear: in order to achieve CO2 reductions across the world merchant fleet, a combination of different measures is needed. “In…

Environmental