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Power News

 

igus Wins Award for Mobile Shore Power Outlet System

Oct 15, 2025

igus, a leading global manufacturer of motion plastics, was presented with the “Maritime Innovator of the Year” award for its igus Mobile Shore Power Outlet (iMSPO) family of products. The honor was bestowed on October 7 during the American Association of Port Authorities (AAPA) conference held in Quebec. The igus Mobile Shore Power Outlet (iMSPO) is designed to overcome the infrastructure limitations and evolving operational challenges facing modern ports…

Cavotec Signs $8.99 Million Shore Power Order

May 12, 2025

Cavotec has signed an order valued at USD$8.99 million (EUR 8.1 million) with a leading global container shipping company to deliver complete shore power systems for newly built container vessels. The order includes cable management reels and weatherproof enclosures…

Rolls-Royce's Power Systems Profitable Despite 17% Revenue Plunge

Mar 12, 2021

Rolls-Royce's Power Systems division has ended the 2020 financial year with an underlying operating profit of $247.3 million despite suffering a 17% drop in underlying revenue to $3.8 billion. This corresponds to an underlying operating margin of 6…

Wallenius Bets on Wind-powered Cargo Ships

Dec 09, 2020

Two centuries after the first coal-powered steamships crossed the Atlantic Ocean, a Swedish company is designing a futuristic throwback: a huge, wind-driven cargo ship that could help end the fossil fuel era and limit climate change.Shipping accounted for 2…

Logistics News

High Shipping Rates Pressures Asian Oil Refiners Dependent on Middle Eastern Crude

High Shipping Rates Pressures Asian Oil Refiners Dependent on Middle Eastern Crude

JPMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

JPMorganChase Announces New Leadership for $1.5 Trillion Security and Resiliency Initiative

FMC Proposes Remedies to Counteract Unfavorable Spanish Shipping Conditions

FMC Proposes Remedies to Counteract Unfavorable Spanish Shipping Conditions

Most Efficient Inland Port System Named

Most Efficient Inland Port System Named

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