ABB Gets $150 Million Order to Power Fincantieri Ships
November 17 2020 - 4:58AM
Dow Jones News
By Giulia Petroni
ABB Ltd. said Tuesday that it has secured an order of around
$150 million to power five vessels built by Italian shipbuilder
Fincantieri SpA.
The Swiss engineering company said the cruise ships will be
powered with the Azipod propulsion system, which increases
operational efficiency and reduces fuel consumption by up to 20%
compared to conventional systems. The total propulsion power will
be of 178 megawatts.
The vessels will enter service between 2023 and 2026, according
to ABB.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 17, 2020 04:43 ET (09:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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