Press Releases

PITTSBURGH, November 28, 2023 – Wabtec Corporation (NYSE: WAB) and Latin American Channel Partner, Marinsa International, recently signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Under the contract, Wabtec will deliver two 8L250MDA marine engines for each tugboat. The marine engines will provide maximum availability with the lowest life-cycle cost for the vessel operators.

Wabtec Corporation is working to advance the electrification of vessels by participating in the HYPOBATT (Hyper powered vessel battery charging system) project. The HYPOBATT project, part of the EU-wide Horizon initiative, is focused on developing a megawatt-charging standard and infrastructure for ferries in European ports.

Wabtec Corporation (NYSE: WAB) and the Port of Kiel celebrated today the installation of a sustainable shore power solution to support cruise operators. ShoreCONNECT has potential to reduce nearly all emissions from cruise ships by providing shore power while berthing at the port.

Wabtec will deliver five V250MDC marine diesel engines (three 16V250MDC units and two 12V250MDC units). The Frederick Paup will be owned and operated by Manson Construction Co. and built at the Keppel AmFELS Shipyard in Brownsville, Texas.

Wabtec Corporation (NYSE: WAB) announced today its first U.S. Government order for marine engines with advanced emissions reduction technology. The deal is worth more than $10 million and marks Wabtec’s 100th order for EPA Tier 4 compliant marine engines. The Wabtec 16V250 Series Marine Diesel Engines will be used aboard the U.S. Maritime Administration’s two new National Security Multi-Mission Vessels (NSMVs). The vessels represent the first two of a planned five-ship NSMV fleet.

Wabtec Corporation (NYSE: WAB) announced today engine orders with two leading companies in the marine industry. The deals build upon the company’s position in the maritime market.

GE Transportation (NYSE:GE) announced today at InnoTrans 2018 a new high-speed diesel engine program, which will serve the locomotive, marine and power generation segments. The engine platform will provide improved fuel efficiency and reliability, as well as lower lifecycle costs.

A pilot project between GE Transportation (NYSE:GE) and the Port of Long Beach to enhance advance planning at the busiest port complex in North America is officially underway. Over the next two months, stakeholders across the Port will use GE’s Port Optimizer™ software to access data that will allow them to move cargo containers more efficiently.

Today GE Transportation (NYSE:GE) and project44 announced the planned integration of project44’s modern SaaS platform to augment and link GE Transportation’s Railroad and Shipper product suites. With project44, GE Transportation takes a step closer to providing a more predictable and reliable port-to-door supply chain ecosystem by connecting transportation data from railroad networks, yards, intermodal terminals and maritime ports into a single transportation management workflow.

GE Transportation (NYSE:GE) and the Port of Long Beach are collaborating to improve cargo flow at the busiest port complex in North America. As cargo volumes and the complexity of port operations increase, the Port of Long Beach is launching a pilot with GE Transportation to increase visibility, enhance real-time decision-making and optimize cargo movement through the Port.

GE Transportation and Danish channel partner, VMS Group, signed a contract to supply a shipset comprised of two 8L250MDC and two 12V250MDC marine engines, tools and spare parts for the world’s foremost expedition ship. The vessel will be built at Ulstein Verft in Norway, and is scheduled for delivery in 2020. The ship will be the first polar new build in the Lindblad Expeditions-National Geographic fleet