Corvus Energy to supply battery systems for 10 new hybrid tugboats servicing the Panama Canal
The Panama Canal Authority ordered 10 hybrid tractor tugboats from European shipbuilder, Astilleros Armón, with options for another 10 similar vessels, and Corvus Energy will supply the battery systems for the hybrid-electric vessels. The Panama Canal Authority / Astilleros Armón contract signed in October 2023 was valued at US$150M total for the first 10 vessels, …