Switching on frequently 02/2024: Positive progress and summer wishes

We’re happy to tell you that our marine sales have been progressing positively. Our customers have continued to place repeat orders for the leading direct-drive PM shaft generators.

I am especially pleased that our power electronics products have been selling better than ever. I would like to extend a warm thanks to everyone who has worked with us to help us get where we are.

Our PM machines and power electronics products, like the DC-Hubs, are cornerstones in the electrification and hybridization of vessels. They support our commitment to sustainability and accelerate our path to net-zero emissions. This not only supports the global shift toward cleaner energy, but also helps shipowners meet the IMO emission targets for a greener maritime industry.

We want to say a big “Thank You” to all of our customers and partners for your support. We couldn’t have done it without you!

Wishing you all a great summer,

Miika Reinikka
President & CEO

Our latest news

From June 18–20, 2024, The Switch teamed up with BEMAC at Electric & Hybrid Marine’s 10th anniversary exhibition in Amsterdam to present the company’s new ownership, innovative product range and mission of making the big switch to net-zero emissions at sea.

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electric and hybrid logo

Did you know active magnetic bearing (AMB) systems are more energy efficient and have lower lifetime costs than tilting pad bearing systems? We at The Switch regularly evaluate bearing systems when we supply high-speed electric machines. Read our comparison of the two bearing systems in our latest industry blog!

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In the Nordics, we don’t like to blow our own trumpets too much. But here goes anyway! One great example of our collaborative success with close customers is when vessel lifecycle management provider ACEL Group of Norway recently selected us to supply single drives as part of an extensive midlife upgrade of the multipurpose offshore vessel Island Frontier. Read on to find out why.

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On May 16 and 17, 2024, The Switch participated in the BEMAC exhibition held at BEMAC’s Mirai Factory in Imabari City, Japan. The exhibition attracted nearly 400 visitors, a mix of local shipowners, operators and shipyard personnel. Imabari, known for its strong maritime industry, provided an ideal venue for showcasing marine technology advancements.

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On June 5, The Switch participated in the Energy House Day 2024 in Stord, Norway, an event for invited decision-makers in the ocean space. About 150 guests attended, including representatives from governmental institutions and the Norwegian Government.

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While the investment cost of a diesel-electric system is usually higher, since it requires more components in the whole power train – diesel engines, generators, transformers, frequency converters and electric motors – it has many benefits that make it an attractive solution for large vessels. Learn more about all the upsides in our latest blog.

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