Electric Drives News


Shore Power Market to Reach $2.7Bln by 2024

Sep 13, 2019

The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry…

AMSC Bags Wind Turbine ECS Order from AMSC

Aug 16, 2019

The US-based energy solutions provider AMSC announced it has received a $9 million order for its 5.5 MW wind turbine electrical control systems from the Korean power company Doosan Heavy Industries & Construction (DHIC)AMSC signed an agreement…

Eco Marine Power, Masterbulk Install UltraBattery Onboard Ship

Dec 20, 2018

Japanese technology company Eco Marine Power (EMP) has joined forces with Singapore shipping company Masterbulk for the world-first Installation of class-approved UltraBattery (UB) onboard ship.A joint press release announced that the UB battery…

Current News

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EnQuest Acquires Harbour Energy’s Vietnamese Assets

Woodside Finds South Korean Partners to Advance LNG Value Chain

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Santos and QatarEnergy Agree Mid-Term LNG Supply

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

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