Marine propulsion

OZSC: Power Conversion Technologies, Inc. – Bids On Contract For US Air Force

Tuesday, June 2, 2020 - 3:25pm

Currently the Air Force uses older diesel engine driven generators and is looking to switch to pure battery powered carts.

Key Points: 
  • Currently the Air Force uses older diesel engine driven generators and is looking to switch to pure battery powered carts.
  • The Air Force currently has 4,500 generator, primarily diesel engine driven.
  • Our team would enjoy working with them again on this important opportunity for the modernization effort for the Air Force.
  • Power Conversion Technologies, Inc ( www.pcti.com ) invents, designs, develops, manufactures and distributes standard and custom power electronic solutions.

Marine Outboard Engines Market Size, Impacted by COVID-19, to Reach 761 Thousand Units in 2025, Says Stratview Research

Thursday, May 28, 2020 - 2:00pm

Outboard engines are the brightest stars of the marine industry as they represent lion's share of the marine engines market in the global recreational boating industry.

Key Points: 
  • Outboard engines are the brightest stars of the marine industry as they represent lion's share of the marine engines market in the global recreational boating industry.
  • In the USA, the biggest market for recreational boats globally, outboard engines account for more than 85% share of the total marine engines sold in the country.
  • The power of outboard engines gradually increased when the first 100 HP V-6 outboard engine was introduced in 1975.
  • (The USA: 275.5 thousand units in 2007 and 180.7 thousand units in 2009; EMEA (including Russia): 332.4 thousand units in 2007 and 204.7 thousand units in 2009.

Marine Outboard Engines Market Size, Impacted by COVID-19, to Reach 761 Thousand Units in 2025, Says Stratview Research

Thursday, May 28, 2020 - 2:00pm

Outboard engines are the brightest stars of the marine industry as they represent lion's share of the marine engines market in the global recreational boating industry.

Key Points: 
  • Outboard engines are the brightest stars of the marine industry as they represent lion's share of the marine engines market in the global recreational boating industry.
  • In the USA, the biggest market for recreational boats globally, outboard engines account for more than 85% share of the total marine engines sold in the country.
  • The power of outboard engines gradually increased when the first 100 HP V-6 outboard engine was introduced in 1975.
  • (The USA: 275.5 thousand units in 2007 and 180.7 thousand units in 2009; EMEA (including Russia): 332.4 thousand units in 2007 and 204.7 thousand units in 2009.

Mercury Marine enters into supply agreement with BRP; will immediately become outboard engine of choice for Alumacraft, Manitou & Telwater brands

Wednesday, May 27, 2020 - 10:53pm

This agreement brings us an incredible opportunity to further grow our brand in the marketplace and introduce our award-winning portfolio of outboard engines to new customers around the world, said Chris Drees, Mercury Marine president.

Key Points: 
  • This agreement brings us an incredible opportunity to further grow our brand in the marketplace and introduce our award-winning portfolio of outboard engines to new customers around the world, said Chris Drees, Mercury Marine president.
  • Mercury Marine will be the outboard supplier of choice for the Alumacraft and Manitou brands as well as Quintrex & Stacer in Australia.
  • Headquartered in Fond du Lac, Wis., Mercury Marine is the worlds leading manufacturer of recreational marine propulsion engines.
  • Mercurys industry-leading brand portfolio includes Mercury outboard engines; Mercury MerCruiser sterndrive and inboard packages; MotorGuide trolling motors; Mercury propellers; Mercury inflatable boats; Mercury SmartCraft electronics; Attwood marine parts; Land N Sea marine parts distribution; and Mercury and Quicksilver parts and oils.

BRP Advances Marine Strategy by Focusing on Boats and New Technologies

Wednesday, May 27, 2020 - 10:00pm

VALCOURT, Quebec, May 27, 2020 (GLOBE NEWSWIRE) -- BRP (TSX: DOO; NASDAQ: DOOO) announced today it has re-oriented its marine business by focusing on the growth of its boat brands with new technology and innovative marine products.

Key Points: 
  • VALCOURT, Quebec, May 27, 2020 (GLOBE NEWSWIRE) -- BRP (TSX: DOO; NASDAQ: DOOO) announced today it has re-oriented its marine business by focusing on the growth of its boat brands with new technology and innovative marine products.
  • Our outboard engines business has been greatly impacted by COVID-19, obliging us to discontinue production of our outboard motors immediately.
  • With this announcement, BRP will be positioned to expand its presence in the pontoon and aluminum fishing markets through technologically advanced solutions.
  • With annual sales of CA$6.1 billion from over 120 countries, our global workforce is made up of approximately 12,600 driven, resourceful people.

Cox Powertrain Announces Production of UK Designed And Manufactured Ground-breaking Marine Engine Following £92m Investment Into British Engineering Business

Tuesday, May 26, 2020 - 3:00pm

After several years of intensive development and testing, this represents a major milestone for Cox as well as a defining moment for the marine industry.

Key Points: 
  • After several years of intensive development and testing, this represents a major milestone for Cox as well as a defining moment for the marine industry.
  • This UK-designed and manufactured high-technology product will be sold to the global market, supporting UK exports.
  • The Company will manufacture just under 1,000 outboards in 2020 with volumes expected to more than double the following year.
  • This is a powerful testament to the credibility of the engine concept and the high level of expertise behind its development.

Global Electric Ships Market Analysis (2020 to 2026) - Opportunity Analysis for New Entrants - ResearchAndMarkets.com

Wednesday, May 20, 2020 - 2:57pm

The "Global Electric Ships Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Electric Ships Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
  • The Global Electric Ships market is expected to reach $10.94 billion by 2026 growing at a CAGR of 15.2% from 2018 to 2026.
  • Electric ships are the ships attached with batteries and operate on electricity rather than fuel.
  • Moreover, hybrid propulsion technologies are the opportunities for the Electric Ships market.

MHPS Captures Global Gas Turbine Market Share Leadership Again

Wednesday, May 20, 2020 - 2:09am

First quarter global orders of 2,638 MW brought MHPS' market share to 28.5 percent globally.

Key Points: 
  • First quarter global orders of 2,638 MW brought MHPS' market share to 28.5 percent globally.
  • This increase in gas turbine market share was largely responsible for worldwide order booking increasing 19.7 percent during MHPS' fiscal year ending March 31, 2020.
  • "The extremely competitive global gas turbine market has moved in our direction with a clear preference for our JAC gas turbines, which are more reliable than competitor's gas turbines while providing record-setting fuel efficiency and output," said Ken Kawai, MHPS President and Chief Executive Officer.
  • "We are proud that our technology has launched us to global leadership in the competitive gas turbine market," said Ken Kawai, President and Chief Executive Officer.

MHPS Captures Global Gas Turbine Market Share Leadership Again

Tuesday, May 19, 2020 - 1:00pm

First quarter global orders of 2,638 MW brought MHPS market share to 28.5 percent globally.

Key Points: 
  • First quarter global orders of 2,638 MW brought MHPS market share to 28.5 percent globally.
  • This increase in gas turbine market share was largely responsible for worldwide order booking increasing 19.7 percent during MHPS fiscal year ending March 31, 2020.
  • (Photo: Business Wire)
    The extremely competitive global gas turbine market has moved in our direction with a clear preference for our JAC gas turbines, which are more reliable than competitors gas turbines while providing record-setting fuel efficiency and output, said Ken Kawai, MHPS President and Chief Executive Officer.
  • We are proud that our technology has launched us to global leadership in the competitive gas turbine market, said Ken Kawai, President and Chief Executive Officer.

Encore Green Environmental and Power-On-Demand Partner to Make ESG Goals and Total Ecological Solution a Reality

Wednesday, May 13, 2020 - 4:00pm

With the Power-On-Demand gas turbine generators, this waste gas is captured and put to good use for both ESG goals and a Total Ecological Solution.

Key Points: 
  • With the Power-On-Demand gas turbine generators, this waste gas is captured and put to good use for both ESG goals and a Total Ecological Solution.
  • When we say Total Ecological Solution, we do mean total.
  • And all of this is powered by re-using the waste stream from flared gas, says Marvin Nash, co-founder of Encore Green Environmental.
  • Both Encore Green Environmental and Power-On-Demand work throughout the oil and gas producing basins of the United States.