Laser Photonics Corporation, a prominent global developer of CleanTech laser systems for various material applications, is set to exhibit at the Pearl Harbor Naval Shipyard National Center For Manufacturing Sciences Technology Showcase. This three-day event aims to foster collaboration between…
Leonardo DRS, Inc. has secured contracts exceeding $3 billion, subject to full funding, to deliver integrated electric propulsion system products for the U.S. Navy’s Columbia-class submarines. The award reinforces DRS’s role up to shipset 12 for the Columbia-class program. The…
Overseas Shipholding Group, Inc. reaffirms its commitment to fostering gender diversity in the maritime industry through a $90,000 three-year pledge to the Massachusetts Maritime Academy. The pledge supports undergraduate and sea term scholarships, along with sponsorship for the Academy’s Women’s…
Sharrow Marine, renowned for its cutting-edge propeller design, unveils a revolutionary extension to its acclaimed Sharrow MX™ Propeller series with the introduction of the Sharrow MX4™. Serving as a 4-blade evolution of the original MX propeller series launched in 2020,…
Volvo Penta Introduces Cutting-Edge IPS Professional Platform for Superyachts and Commercial Vessels. Featuring enhancements tailored for larger vessels, the platform was showcased at CES 2024 in a dedicated suite at The Wynn. Volvo Penta introduces the IPS Professional Platform, a…
Fairbanks Morse Defense, backed by Arcline Investment Management, secures a purchase order to supply motor-operated valves for the United States Coast Guard’s Polar Sentinel (WMSP-21). This cutter is the inaugural vessel among three planned for the Polar Security Cutter program,…
Representative Barry Loudermilk (R-Georgia) recently paid a visit to the Yamaha Marine Innovation Center on January 8 in Kennesaw, Georgia. During his tour of the new 75,280 square-foot facility, which houses the Yamaha Marine Connected Division, Yamaha U.S. Marine Development,…
The global marine propulsion engine market achieved a size of US$37.9 billion in 2022, and its trajectory points towards reaching US$43.7 billion by 2028, reflecting a 2.4% compound annual growth rate (CAGR) during 2022-2028. Marine propulsion engines, essential for powering…
MarineMax, Inc., the world’s largest recreational boat, yacht, and superyacht services company, has announced the signing of a definitive agreement to acquire Williams Tenders USA, Inc. The acquisition, slated to conclude by March 31, 2024, is anticipated to contribute positively…
IDriveAI Unveils Innovative Partnership with BlackBerry Limited for Advanced AI Integration on BlackBerry IVY® Platform and QNX® Operating System in Vehicles. Bringing Facial Recognition AI and Driver Monitoring System AI to the forefront, IdriveAI ensures real-time driver monitoring, detecting distractions…
Seatrec CEO Dr. Yi Chao and Team Celebrate a Prosperous New Year with $1 Million Loan from American Lending Center (ALC), Secured by the State Small Business Credit Initiative. Seatrec Achieves Milestone with $1 Million State Loan Guarantee from American…
RecNation Storage, a premier specialist in recreational vehicle and marine storage, has unveiled an exclusive marketing partnership with Camping World & Good Sam, solidifying its top-tier status in the industry. Gary Wojtaszek, RecNation’s Founder & Chief Camper, expressed enthusiasm about…