The U.S. recreational boating industry kicks off its winter boat show season this month. The National Marine Manufacturers Association (NMMA), representing 85% of the country’s recreational boat, marine engine, and…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…