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…
The maritime safety system market has witnessed robust growth, set to climb from $19.85 billion in 2023 to $21.18 billion in 2024, exhibiting a 6.7% compound annual growth rate (CAGR). Anticipated to surge further, the market is projected to reach…
The 2023-2028 “Barge Transportation Market Report” covering Cargo Type, Fleet, Application, Activities, and Region is now available on ResearchAndMarkets.com. The global barge transportation market witnessed substantial growth, reaching US$ 126.5 Billion in 2022. Anticipating continued expansion, the market is projected…
Winmore, a leader in tender management pricing and process optimization, has entered into strategic business cooperation with Transporeon, a prominent transportation management platform. This collaboration integrates Transporeon’s Market Insights data directly into the Winmore platform, providing logistics service providers and…
Cart.com, a prominent provider of unified commerce and logistics solutions, has confirmed its ongoing collaboration with Portland Leather Goods, the premier destination for affordable high-quality leather bags. As Portland Leather Goods achieved an impressive 77% year-over-year growth in Q4, Cart.com…
PreAct’s range of flash LiDAR sensors caters to diverse applications in agriculture, healthcare, smart cities, retail, security, transportation, education, and other sectors that demand precise 3D mapping and modeling. PreAct Technologies, a cutting-edge Oregon-based developer specializing in near-field flash LiDAR…