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Stock impact report

Global Eco-Boating Competition Attracts 43 Teams To Test New Tech [Forbes]

SBM OFFSHORE NV ADR (SBFFY) 
NASDAQ:AMEX Investor Relations: sbmoffshore.com/investor-relations-centre
Company Research Source: Forbes
Designed for student teams from across the world to trial, develop and progress their alternative-energy boats, the has so far attracted 43 teams from 21 nations. Now in its 13th edition, the event will run from 8 to 11 July 2026, and will turn the famous Monte Carlo marina into a live testing ground for zero-emission propulsion and autonomous navigation. Organized by the Yacht Club de Monaco with support from the Prince Albert II of Monaco Foundation and industry partners including UBS, BMW and SBM Offshore, the event has evolved into a testbed for students, researchers and marine engineers. The focus is on University teams, who have often spent years developing prototype boats installed with different types of sustainable propulsion. These prototype boats race off the coast of the French Riviera, where breakdowns and technical challenges are not uncommon on the different racing circuits. But past years' participants have shown remarkable support and sportsmanship, often coming t Show less Read more
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