Vanguard

Cummins sees billions from its hydrogen electrolyzer business

The New Power division at Cummins Inc. probably won’t break even before interest, taxes, depreciation and amortization before 2027. But when it does, it may never look back. One reason is its investment in producing electrolyzers, a critical enabler to making hydrogen fuel for zero-emission long-haul trucking among myriad other uses.

IDTechEx forecasts the water electrolyzer market will grow over the next decade to $120 billion by 2033. By 2025, the firm estimates fivefold growth in electrolyzer...

https://www.freightwaves.com/news/cummins-sees-billions-from-its-hydrogen-electrolyzer-business

Unmanned Surface Vehicle Mariner Next Ghost Fleet Vessel to Join the Navy

USV Mariner on Aug. 23, 2022. USNI News Photo

ABOARD OVERLORD USV MARINER IN ANNAPOLIS, MD., – In a small ceremony on Tuesday, the Navy christened its latest Ghost Fleet Overlord unmanned surface vehicle, putting the service on a path to ramp up autonomy experimentation with its fleet of USVs.

Mariner, which Gulf Craft built on spec at its Franklin, La., facility under prime contractor Leidos, will help the Navy advance testing for the autonomous technology needed for USVs. It will also add to...

https://news.usni.org/2022/08/23/unmanned-surface-vehicle-mariner-next-ghost-fleet-vessel-to-join-the-navy

GSCW chat recap: Contract challenges as ocean carriers gain upper hand

A screenshot of a woman giving a video interview in her home office.

This fireside chat recap is from Day 7 of FreightWaves’ Global Supply Chain Week. Day 7 focuses on global maritime logistics.

FIRESIDE CHAT TOPIC: Contracting: the Good, the Bad and the Ugly

DETAILS: Contract negotiations between importers and beneficial cargo owners (BCOs) on one side and ocean carriers on the other are poised to take a different flavor this year because of limited vessel availability and port congestion. Steve Ferreira and Stephanie Loomis discuss the current contracting...

https://s29755.pcdn.co/news/gscw-chat-recap-contract-challenges-as-ocean-carriers-gain-upper-hand

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