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Kongsberg Maritime to acquire Berg Propulsion 

Kongsberg Maritime ASA announced an agreement to acquire the Swedish company Berg Propulsion AB. The company is a leading designer and manufacturer of integrated propulsion and electrical systems for the marine market (image: courtesy of Berg Propulsion)

Volkswagen Group to Sell Everllence

Under the exclusive arrangement entered into with Bain Capital, the Volkswagen Group is to sell 51 percent of its shares in Everllence, and plans to remain a major shareholder with a 49 percent stake in the medium term

Highlights

Marine

Caterpillar Marine, the direction is hybrid

Caterpillar Marine drives the hybridization Caterpillar Marine equipped two new boats from Texan boatyard Docking and Towing with an hybrid propulsion system. Washburn and Doughty designed and built the boats in Maine. Caterpillar provided C18 plus a C7.1 power generators, as well as azimut drive Mt...
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