First RENK AED Drive Passes Sea Tests
Noted German gear-maker Renk reports that its new propulsion system Advanced Electric Drive (AED) was successful in its recent sea test onboard a 110-m megayacht built in the Netherlands. The megayacht was the first to feature the AED, a innovative propulsion system that is designed to be light, compact with a very low noise signature.The RENK AED was chosen when the owner eschewed traditional diesel units for the 3500-ton displacement vessel. Renk is long-experienced in the area of the electrification of propulsion systems…
John Dane III Leaves His Mark
“The 2008 financial crash slowed the luxury business, and the new class warfare coming out of Washington has made owning a large yacht out of favor. In the more than two years since its founding, Mississippi-based TY Offshore, the former Trinity Offshore, has invested in a new yard in Gulfport and repaired its storm-damaged New Orleans holdings. The company has doubled its capacity and racked up new orders, president and CEO John Dane III said. TY Offshore designs and builds offshore barges, tugs, oilfield-support vessels and spill-response and patrol vessels. The company's new name, adopted in late June, should make business simpler.