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Stone Marine Propulsion in the UK and NGC Marine in China are teaming up to create a new supplier of propulsion and marine gearbox propulsion equipment.

Classification society Lloyd’s Register (LR) announced that it has taken part in the Quadriga sustainable shipping project which aims to build the world’s biggest sailing cargo ship with wind-assisted propulsion.

China Shipbuilding Industry Corporation (CSIC) has established a new marine propulsion facility in Qingdao, Shandong province.

Technology group Wartsila has been awarded the contract to provide main engines, retractable thrusters and exhaust cleaning equipment for two new research vessels being built for the China Ocean Mineral Resources R&D Association (COMRA).

Cosco Shipping Lines’ largest containerships of 20,000 teu are set to sail with high efficiency rudders supplied by Dutch firm Van der Velden Marine Systems.

The current downturn in the offshore vessels segment has put a cap on demand for marine equipment, but Germany’s Schottel has positioned itself to capture opportunities during an upswing with new product launches.

ABB Marine has launched a new linear flow Azipod propulsion unit that is 5-10% more efficient than previous versions, potentially allowing the shipping industry to save on millions of tonnes of fuel.

Wärtsilä, MAN Diesel & Turbo and 30 others will collaborate EU-funded joint-industry project Hercules-2, for more efficient two- and four-stroke marine engines.

Finnish company Visedo is providing the propulsion system for the world’s largest all-electric ferry, under construction at Søby Shipyard in Denmark.

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