David L Holt News

Maritime to Get Biggest Bang for VW Settlement Bucks

Imagine a settlement over falsifying emission levels in another transportation sector dropping money onto your deck. Who knew? But it’s true. The $2.9 billion settlement fund Volkswagen agreed to capitalize for distribution across all 50 states, tribal lands and Puerto Rico, as a result of “dieselgate,” its criminal dodging of required auto emission levels, presents an unparalleled opportunity to maritime companies that want to move their noxious diesel engines up a couple of EPA notches, and stick someone else with close to half the bill or more.

Caterpillar to Launch Re-Manufactured Popular Marine Engines

Caterpillar Marine is to launch the Cat Reman 3116, 3126 and 3126B propulsion engines for yachts at the 2014 Miami International Boat Show. Re-manufactured using only 100% Caterpillar re-manufactured or genuine new parts, the economical Cat Reman engines will enter production in summer 2014. Caterpillar explain that these propulsion engines will be available in ratings of 304 - 456 mhp and are ideal for pleasure craft as well as fishing vessels. The Cat 3126 version of this family will be on display at the Caterpillar booth #P79 at the upcoming Miami International Boat Show…