Marine Propulsion News

Berg Propulsion has secured a contract to supply propulsion systems and electrical integration technology for two all-electric harbor tugs being built under India’s Green Tug Transition Program.The vessels are under construction by Mumbai-based KMEW Group on behalf of India’s Ministry of Ports…

The demand for “thrusters” on recreational and commercial vessels has increased rapidly in recent years, providing vessels with enhanced capabilities.Increasing a vessel’s manoeuvrability, making its steering more precise, to accurately control course and position offers greater versatility.

Gulf Marine Services PLC reported on Friday a 24% drop in its first-quarter profits after being instructed by the UAE-based firm to evacuate four vessels from a Gulf Cooperation Council country in March as a precautionary measure because of the Iran War. U.S.

German marine propulsion manufacturer SCHOTTEL has been selected to supply rudder propellers for two liquefied natural gas (LNG) bunkering vessels being built for Shanghai International Port Group in China.The vessels, each with a loading capacity of 20…

SBM Offshore, a Dutch floating production company, raised its revenue guidance for 2026 on Thursday after its first-quarter directional revenues more than tripled. This was primarily due to its turnkey business as well as the sale of One Guyana.