During 2011, permanent magnet machine manufacturers experienced moments of fear. The prices for rare earth materials were spiraling upwards uncontrollably. Since then, the situation has stabilized to a level slightly higher than before the crisis. But what’s the overall situation right now?
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PM machines help reboot the ROPAX industry
Today, two market conditions mark the ROPAX industry as ready for environmentally friendly innovations, such as permanent magnet machines. First, fuel prices have gone up.
New marine test station ready
The Switch had the first run of its new Poseidon Drives test station in Stord. This was also a great opportunity to do a 100% production test for two EBLs to be delivered to Teekay.
Musings on Monaco
The Monaco Yacht Show 2019 brought together a growing number of floating superyachts, exhibitors and visitors.
Here are three main observations.