Siemens AG
Siemens AG News
Achieving Digital Transformation in the Marine Industry
Like so many other industries in transportation, the marine industry is being challenged on multiple fronts—from a shortage of manpower and emerging digital technologies to sustainability requirements. In the face of these growing pressures, ship designers increasingly rely on digital transformation to stay competitive and deliver higher-quality products. Digital transformation offers many solutions across a ship’s lifecycle…
Shore Power Market to Reach $2.7Bln by 2024
The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the…
Siemens Wins Viking Link Gig
Germany's Siemens AG said that it has won a deal to supply two converter stations for the first high-voltage direct current (HVDC) link between the UK and Denmark.Viking…
Siemens Exits Power, Gas, Renewable Biz
German conglomerate Siemens AG said it will spin off and give up its majority stake in its energy division and merge it with separately listed wind turbine supplier…
Arctic LNG 2, Siemens Sign Deal
Russian gas producer Novatek said that it had signed a deal with German tech giant Siemens to buy compressors for its new Arctic LNG 2 natural gas liquefaction plant.Novatek's…
Offshore Wind Market Expected to Reach $50 bln by 2023
The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The…
Novatek, Siemens Sign LNG Partnership
Russia's natural gas producer Novatek and German engineering giant Siemens have signed a strategic partnership agreement that covers cooperation in the liquefied…
Siemens Launches Scalable Electric Drive
Siemens is expanding its portfolio of green ship propulsion systems by adding a new member to the Siship BlueDrive Family: Siship BlueDrive Eco. Besides by integrating…
