On February 20, BEMAC Corporation and Mitsui & Co., Ltd. finalized their purchase of 100% of The Switch shares. The change promotes the business development and growth of The Switch through the extensive experience and network of our new owners. We at The Switch believe our united strengths make a powerful combination. We are excited…
The Switch Engineering Oy, Finland-based special electric machine and high-power converter product supplier, is excited to announce that majority shareholder Japanese marine electrical machinery supplier BEMAC Corporation, in partnership with global trading and investment company Mitsui & Co., Ltd., has acquired 100% of the shares in The Switch. The Switch is well known for its…
You may have heard about “green corridors” in shipping but be asking yourself, what are they? What is their purpose? Recognizing the need for climate action, the International Maritime Organization (IMO) has adapted a new strategy in 2023 to incorporate a net-zero emissions goal for all vessels by or around 2050. With a lifetime of…
Another calendar year is almost complete, and it is soon time for a well-deserved holiday break. The past year has been very exciting for The Switch. We have received a lot of new shaft generator orders from several system integrator customers, including a number of new customers. These orders have made us clearly a leading…
