By Pietro Lombardi

 

ABB Ltd. said Wednesday that it has won a contract with Dutch luxury yacht builder Oceanco for two Azipod electric propulsion units.

The Swiss engineering company said that the companies are considering a broader cooperation on sustainable electric propulsion.

 

Write to Pietro Lombardi at pietro.lombardi@wsj.com; @pietrolombard10

 

(END) Dow Jones Newswires

January 13, 2021 04:33 ET (09:33 GMT)

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