Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency…
Singapore's Strategic Marine has ordered 50 of its C32 ACERT IMO III engines from Caterpillar dealer PT Trakindo Utama Singapore Branch, citing severe disruptions to the supply of what it says is critical shipbuilding equipment due to the pandemic…
Finland's Wartsila, a top global marine and energy equipment maker, posted first-quarter earnings roughly in line with expectations on Thursday, citing increased uncertainty in demand and supply in its end markets.Wartsila said its comparable operating profit increased 61% to 65 million euros ($68…
Finland-based maritime and offshore engine and equipment maker Wärtsilä has won orders to equip Norwegian firm OHT’s next-generation wind offshore turbine installation vessel being built in China.Wärtsilä will supply an integrated propulsion and dynamic positioning thruster solution…
Hermitage Offshore Services (HOS), the operator of platform supply vessels (PSV), has announced that it has raised $2.5 million via share sale.The Bermuda-headquartered company, formerly Nordic American Offshore Limited, informed that the proceeds…