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ABB ABB Ltd

37.13
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
ABB Ltd NYSE:ABB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.13 0 01:00:00

ABB Wins Contract to Power New P&O Ferries

23/09/2020 10:09am

Dow Jones News


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By Giulia Petroni

 

ABB Ltd. said Wednesday that it has won a contract with shipbuilding company Guangzhou Shipyard International Co. Ltd to supply integrated solutions for P&O Ferries' two new vessels.

The Swiss engineering company said the solutions will cut fuel consumption on the Dover-Calais route by 40%. The 230-meter-long vessels will be the largest passenger and freight ferries to sail the route once they start service in 2023.

ABB didn't disclose the financial terms of the contract.

P&O Ferries is a British company operating ferries from the U.K. to Ireland and Continental Europe.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

September 23, 2020 04:54 ET (08:54 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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