Tag: electric vessels

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Electric ships market likely to grow at a 19.7% CAGR by 2030, report says

The Electric Ships Market is expected to reach $14.9 billion by 2030 from $3.7 billion in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 19.7%. The Global Electric Ships Market is dominated by major players such as ABB, Leclanché S.A., Siemens AG, Wartsila, and Kongsberg Gruppen among others, according to a new report by the strategic advisory and consulting company Delvens.

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Samsung Heavy Industries welcomes electric vehicles

Samsung Heavy Industries announced its intention to introduce electric vehicles for commercial use at its shipyard in Geoje. As part of Korea's transition to zero-emission vehicles, which it joined in February, the shipyard has so far installed 15 electric trucks and one electric passenger car while members have committed to converting all of their personal and company vehicles to zero emissions by 2030.

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