Displaying items by tag: Yamaha Motor

20th January 2024

Yamaha Motor Takes Over Electric Propulsion Specialists Torqueedo

Electric boat engine specialists Torqueedo are now under the Yamaha Motor umbrella, as Marine Industry News reports.

The deal with German company DEUTZ AG to acquire all of Torqueedo’s shares now positions the Japanese giant to become a market leader in electric propulsion — as well as assist its efforts to achieve carbon neutrality in the marine industry.

Torqueedo was founded in Germany in 2005 as a response to strict regulations on the use of internal combustion engines on Lake Starnberg in Bavaria.

It recently updated its original range of electric outboard motors, adding to a range that features inboard propulsion systems, batteries and more, as well as a significant R&D division with various patents in electromobility.

Marine Industry News has more on the story HERE.

Published in Electric Outboard Engines

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Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.