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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, and installation of retrofit shore power systems have increased the demand for a shore power system, said a report by ResearchAndMarkets…

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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Borr Drilling: Demand for Jack-Ups to Grow. 2019 Was a Record Year

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Shell's Jack-Up Rig of the Year Award Goes to Maersk Convincer

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Coronavirus  Delays Three Indonesian LNG Cargoes to China

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Bumi Armada to Appeal Ruling in FPSO Case with Woodside

Iran to Boost Gas Output Capacity with New Offshore Platform

Iran to Boost Gas Output Capacity with New Offshore Platform

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