Tag: marine transportation

SYDNEY, June 12, 2026 (GLOBE NEWSWIRE) -- The CSL Group (“CSL”), a global leader in responsible marine transportation services, and Adbri announce the delivery of MV Yampu, the world’s first battery-powered self-unloading bulk carrier. The vessel was officially delivered at Jiangjiang Nanyang Shipyard on June 5, 2026, and has now departed on its maiden voyage to commence operations for Adbri in Birkenhead, South Australia.

According to Towards Chemical and Materials, the global Oil & Gas market size was estimated at USD 6.10 Trillion in 2024 and is expected to surpass around USD 8.79 Trillion by 2034, growing at a compound annual growth rate (CAGR) of 3.72% over the forecast period from 2025 to 2034.

The Global Outboard Motor Market is projected to grow from USD 5.75 billion in 2024 to USD 5.98 billion by 2033, driven by increasing recreational boating, marine transportation demand, and technological advances. Rising tourism and water sports popularity, along with a surge in the need for fuel-efficient outboard motors, are set to boost market growth globally. The market favors outboard motors due to their compact design, ease of maintenance, and efficiency. Key market players include Honda, Yamaha, and Mercury Marine, with significant growth expected in regions like North America, Europe, and emerging markets such as India and Saudi Arabia.