ABB Ltd (ABBNY), a provider of electrification and automation solutions, on Monday said it has been selected to supply integrated power, propulsion, and control technology for four new hybrid-electric ferries ordered by British Columbia Ferry Services (BC Ferries) under its New Major Vessels program.
Financial terms were not disclosed.
The double-ended passenger and car ferries will be equipped with ABB's Azipod electric propulsion system and Onboard DC Grid power distribution technology, designed to reduce emissions and underwater noise. Each vessel will have battery capacity of up to 70 megawatt-hours and the ability to connect to high-capacity shore charging systems, supporting future zero-emission operations.
The vessels, which will replace four end-of-life ferries, are scheduled for delivery starting in 2029 from China Merchants Industry Weihai Shipyard.
ABB shares closed at $75.25 on Friday, up 1.68%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.