The Switch's electric machines (EM) business has seen a significant increase in orders, marking one of its strongest periods to date. This surge is attributed to robust newbuilding activity within the maritime sector, according to Hellenic Shipping News.

The Finnish power electronics specialist secured 13 orders since early June. These orders collectively cover nearly 50 oceangoing vessels, as reported by Hellenic Shipping News.

A key factor driving this strong order run is the growing emphasis on energy efficiency and optimisation in the specifications for newbuild vessels. This focus aligns with the capabilities of The Switch's electric machines, as stated by Hellenic Shipping News.

The orders include 59 permanent magnet machines, indicating a specific type of technology being adopted for these new vessels. This detail was provided by Hellenic Shipping News in its report.