Tag: propulsion

How Gas-Saving Options Are Driving Wind-Assisted Propulsion Market?

The wind-assisted propulsion market is quickly gaining momentum as the worldwide transport trade works towards cleaner and extra environment friendly operations. In accordance with BIS Analysis, the market was valued at $164.05 million...

Chevron to deploy MOL’s Wind Challenger propulsion system on “world first” new-build LNG vessel

(WO) – Chevron Delivery Firm LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.Okay. Traces, Ltd. (MOL) introduced an settlement to put in Wind Challenger, a tough sail wind-assisted ship propulsion...

Belgium’s PUNCH Group baggage €40M mortgage from EIB to develop EV propulsion tech

Picture credit: PUNCHThe European Funding Financial institution (EIB) introduced on Wednesday, January 18, that it has granted €40M finance contract to Punch Group, a Belgian mid-cap that develops propulsion and management methods for...

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