Modo releases are:
11.0v1 in 2017/04/20;
11.1v1 in 2017/06/29;
11.2v1 in 2017/11/07;
11.2v2 in 2017/12/19.
This releases and some in between have been coming out and Microstation is still within version 10.1v2 which was release in 2016/07/21.
Are there any news on render engine being updated?
From looking at the 2018 January visualization SIG, it seems that the render engine from Eon -VUE will be implemented in Microstation.
I've heard that too. This mean that we will lose Modo render or it will not be further upgraded inside Microstation?
Im not sure, i guess only someone from Bentley can say for sure.