Volkswagen sells majority stake in Everllence to Bain Capital
Volkswagen has agreed to sell a 75% stake in engine maker Everllence (formerly MAN Energy Solutions) to Bain Capital in a deal valuing the business at EUR7.4bn ($8.4bn).
Rolls-Royce supplies 40 engines for ten hybrid support vessels serving Petrobras
An engine maker has delivered 40 units to power ten new hybrid offshore support vessels being built for a Brazilian operator.
China's shipbuilding boom lifts Korean engine makers' margins
South Korea's two big marine engine makers are expected to see second-quarter operating profits jump 80% to 100% as high-priced orders are delivered.
Wärtsilä to power two gas carriers with ammonia engine
Wärtsilä will supply its ammonia-fuelled auxiliary engine and propulsion package for two new midsize gas carriers being built in China.
Engine shortage returns to haunt shipyards — now with AI bidding for the same parts
A shortage of marine engines is quietly capping shipyard output, echoing the 2007 boom. The new twist: AI data centres are now bidding for generator sets from the same supply chain.
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