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Page 32: of Marine News Magazine (August 2018)
MN 100 Market Leaders
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MNMN
Engine OEM 10 1100000
CEO/President:
Ron Huibers
Volvo Penta of the Americas
THE COMPANY: nounced the acquisition of a controlling interest in the
Volvo Penta, with approximately 3,500 dealers in over 130 premium outboard manufacturer Seven Marine of Mil- countries, is a global manufacturer of engines and complete waukee, WI. The deal broadens Volvo Penta’s technology power systems for boats, vessels and industrial applications. platform, offering a modular, cutting-edge solution, re-
The engine program comprises diesel and gasoline engines gardless of the energy source, to deliver the desired power with power outputs of between 10 and 1,000 hp. Volvo in the water. Seven Marine will continue to operate as a
Penta engines are type approved by major classi? cation so- stand-alone entity retaining its brand, product line and or- cieties and comply with all applicable national and interna- ganizational structure.
tional emission regulations. Volvo Penta is part of the Volvo Recent commercial marine projects in the Americas
Group, one of the world’s leading manufacturers of heavy have include a pilot launch for the Virginian Pilot Associa- trucks, buses and construction equipment. In June Volvo tion with twin IPS, another contract to repower 13 boats
Penta announced a strategic plan to offer a full line of electric for Tropic Star charter ? eet in Panama, a new passenger- and hybrid marine propulsion solutions no later than 2021, vehicle transport vessel for Canada’s West Coast launch, underpinned by the success of hybrid and electric technol- a repower of W. F. Magann tugboat in Hampton Roads, ogy introduced by the Volvo Group. As part of this increased Virginia, a new offshore snow crabber in Nova Scotia and commitment, Volvo Penta has committed to an ambitious a repower assignment for a Smithsonian Tropical Research ramping up of its electri? cation investment program. An Institution service boat in Panama Canal.
electromobility development-and-test laboratory has been Numerous repowers for lobster and commercial ? sh- established at its Swedish headquarters. The company also ing vessels in New England, Canada, the Gulf and Paci? c revealed that work is underway on a hybrid-powered IPS Coasts have also taken place over the past 12 months.
concept that will allow operation in zero-emission areas when running in the electric-only mode. The system is being THE CASE: validated at the Volvo Penta test center in Gothenburg, and a For over 100 years Volvo Penta has led the marine indus- test boat is expected to enter sea trials in early 2020. try in developing new engine innovations that boost per- formance, reduce fuel consumption and emissions, extend
RECENT HIGHLIGHTS & CONTRACTS: service life and minimize downtime. As a part of the Volvo
Volvo Penta’s commercial marine business has grown Group, Volvo Penta draws on the R&D and engineering re- rapidly over the last ? ve years. In 2017, Volvo Penta an- sources of one of the world’s largest engine manufacturers.
August 2018
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