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Maersk Institute Was Right About Ship Batteries
In September 2024 the Maersk McKinney Møller Center produced a pre-feasibility study on battery-powered vessels. The report identified battery-hybrid propulsion as an essential part of shipping’s decarbonization toolkit. It demonstrates a clear understanding that batteries offer significant efficiency gains over internal combustion and that partial electrification can sharply reduce greenhouse gas emissions and local air pollution.
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2025 Heavy Truck Production Expected To Decline
Sign-up for TPI ReportsIn 2025, Medium and heavy commercial vehicle production in South America, Greater China, South Asia and Japan/Korea is expected to increase while European and North American production is expected to decline somewhat significantly this year over 2024.
Global Index. Globally, medium and heavy commercial vehicle production is expected to decline by 1.9% this year over 2024. A moderate softening of the global economy along with negative impacts from increased tariffs has placed pressure on vehicle demand this year.
North America. The commercial truck market in North America remains in a “wait and see” mode with regard to truck sales this year. Uncertainty about the economy and the impact of the trade tariffs moving forward is causing hesitancy among the various fleets. Many fleet owners also believe the EPA will modify or outright cancel the phase 3 GHG emission regulations thus significantly reducing the cost of the MY 2027 vehicles and effectively eliminating any significant 2026 truck pre-buy. At the time of this writing, PSR believes there will be no significant truck pre-buy through the rest of this year and a significantly reduced pre-buy if any, in 2026. Medium and heavy truck production is expected to decline by 13% this year compared with 2024. PSR
Jim Downey is vice president – global data products at Power Systems Research
Chris Fisher is Senior Commercial Vehicle Analyst for Power Systems Research -
Marine Exhibition 2025: Industry Collaboration and Innovation
Natasa Mulahalilovic Read the complete Show Report here
The Electric & Hybrid Marine Exhibition 2025 held June 24 – 26, 2025 featured increased corporate collaboration and demonstrated a focus on sustainability, the adoption of immersive technologies, and enhanced connectivity.These development trends were built on a collaborative approach to maritime electrification and decarbonization and reflect incremental improvements as well as a strategic shift toward smarter, greener, and more autonomous marine operations.
Representatives of Power Systems Research attended the show to collect data on new products and to talk with exhibitors and attendees about industry trends.
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Chinese Machinery Gains Market Share in Brazil
Fabio Ferraresi Chinese machinery now accounts for 30% of Brazil’s market, up from 18% a decade ago. The agricultural sector, once dominated by local firms, now sees 13.2% of its machines coming from China. Abimaq warns of risks to domestic manufacturers, including loss of market and post-sales service challenges.
Despite concerns, 2025 shows recovery: agricultural machinery sales rose 22.8% through May, construction equipment 17.3%. Abimaq, the Machinery OEM association, urges government support and…
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Major Shipbuilder Secures U.S. Military Ship Orders
Akihiro Komuro South Korea is collaborating with the government and private sector to strengthen its ties with the U.S. in the shipbuilding industry. Major companies, such as HD Hyundai Heavy Industries, are establishing bases in the U.S., and the government is supporting efforts to train individuals. They are taking advantage of the Trump administration’s push to revive the shipbuilding industry to gain a share of the market for building and repairing military ships. South Korea aims to catch up with China, which holds over half of the global shipbuilding market share, by leveraging its alliance with the US.
In late June, HD Hyundai emphasized its partnership with Edison Chouest Offshore (ECO), a U.S. shipbuilding company. The two companies plan to build LNG-fueled container ships together by 2028. ECO has five commercial shipbuilding bases in the US and specializes in offshore support vessels (OSVs); however, orders have been sluggish in recent years.
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Heavy Truck Group Joins Forces with Toyota
Jack Hao China National Heavy Duty Truck Group and Toyota Motor Corporation signed a strategic cooperation agreement on April 25, at Toyota’s headquarters in Nagoya, Japan.
Toyota Motor Corporation possesses world-leading hydrogen fuel cell technology, and China National Heavy Duty Truck Group is a leading enterprise in China’s commercial vehicle industry. The hydrogen fuel cell tractor jointly developed by the two parties has already been delivered to the market in batches. In the future, the two sides will establish more extensive cooperation in the fields of cooperative research and development, demonstration and operation, promotion and application, and business model innovation of hydrogen fuel commercial vehicles, and work together to create a new ecosystem for the zero-carbon logistics industry chain.
Source: CNHTC Read The Article
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