Maritime business news

DESIGN OF BULK CARRIERS OFFERS A CHALLENGE TO DECARBONISING

DESIGN OF BULK CARRIERS OFFERS A CHALLENGE TO DECARBONISING

Ship design, particularly the design of bulk carriers, presents particular challenges when it comes to the decarbonisation of existing vessels, according to dry bulk shipowner association Intercargo. Intercargo Chairman Dimitris Fafalios (pictured) said: “Shipping is...

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CORVUS EXTENDS FUEL CELL AGREEMENT WITH TOYOTA

CORVUS EXTENDS FUEL CELL AGREEMENT WITH TOYOTA

In January 2021 Corvus Energy launched the H2NOR project aiming to develop the next-generation fuel cell based on fuel cell technology from Toyota; the product was launched in June 2023 and the first contract for the inherently gas-safe Pelican Fuel Cell was signed in...

WÄRTSILÄ HELPS TRAIN NEW GENERATION OF ENGINEERS IN FINLAND

WÄRTSILÄ HELPS TRAIN NEW GENERATION OF ENGINEERS IN FINLAND

Wärtsilä is to supply its latest simulator technology for a new maritime training centre, at the South-Eastern Finland University of Applied Sciences (Xamk) which has ordered the simulator along with the Joint Authority of Education of Kotka-Hamina Region (Ekami). The...

UECC SOLUTION FOR EU ETS OFFERS CLARITY ON EMISSION COSTS

UECC SOLUTION FOR EU ETS OFFERS CLARITY ON EMISSION COSTS

According to ro-ro operator UECC, cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for...

METHANOL-FUELLED SHIP MANAGEMENT SERVICE LAUNCHED

METHANOL-FUELLED SHIP MANAGEMENT SERVICE LAUNCHED

Dubai-based ship management services provider Dockendale Ship Management and Danish methanol marine specialist Green Marine have formed a joint venture to focus on fully integrated crewing and technical management of methanol powered ships. Through this joint venture...

DAPHNE TECHNOLOGY EXPANDS INTO US

DAPHNE TECHNOLOGY EXPANDS INTO US

Daphne Technology is establishing a new subsidiary in the US, the new company to be sited in Houston and headed by Jamie Brick. Methane emissions are a significant environmental concern, and with tightening US regulations, the commercial need to address this issue has...

WÄRTSILÄ INVESTS IN TRAINING IN INDONESIA

WÄRTSILÄ INVESTS IN TRAINING IN INDONESIA

Wärtsilä has inaugurated its new workshop and 'Land & Sea Academy' training facilities in Jakarta, Indonesia, which are intended to support and optimise the company’s energy and marine industry customers' operations and accelerate their decarbonisation journey....

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AIR LUBRICATION COMPANY APPOINTS AGENT FOR GREEK MARKET

AIR LUBRICATION COMPANY APPOINTS AGENT FOR GREEK MARKET

Maritime clean technology company Silverstream Technologies and equipment and technical services provider Franman have signed an agency agreement to support sales of the Silverstream System within Greece. Since 1991, Franman has provided a range of services to the...

WÄRTSILÄ STREAMLINES ITS MARINE AND GAS BUSINESSES

WÄRTSILÄ STREAMLINES ITS MARINE AND GAS BUSINESSES

Wärtsilä plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit and restructuring its marine systems division. Gas Solutions is a prominent provider of gas processing systems but is seen as having limited synergies with...

CONSULTANCY AGREEMENT FOR POLISH LNG-ELECTRIC FERRIES

CONSULTANCY AGREEMENT FOR POLISH LNG-ELECTRIC FERRIES

Finnish company Team Electric has signed an agreement with Remontowa Shiprepair Yard, Gdansk to provide electric systems consultancy and installation services for three Polsteam ro-pax ferries, in support of the project marking the extension of the Polish yard’s...

LEASING INITIATIVE SET UP FOR NORSEPOWER ROTOR SAILS

LEASING INITIATIVE SET UP FOR NORSEPOWER ROTOR SAILS

Finnish provider of mechanical sails for large ships Norsepower, IINO Kaiun Kaisha (IINO Lines) and Mizuho Leasing Company have jointly and exclusively signed a co-operation agreement to launch an innovative mechanical sail leasing initiative for the Norsepower Rotor...

MEYER INVESTS IN DUTCH NAVAL ARCHITECT TO ENHANCE SUSTAINABILITY

MEYER INVESTS IN DUTCH NAVAL ARCHITECT TO ENHANCE SUSTAINABILITY

C-Job Naval Architects has announced that the Germany-based Meyer Group has entered into a strategic partnership with the Dutch firm, under which Meyer Group will acquire a 50% stake in C-Job in order to solidify Meyer’s focus on sustainable solutions and...

NEW MANAGEMENT ROLE AT NORDEN EXPANDS GREEN AMBITIONS

NEW MANAGEMENT ROLE AT NORDEN EXPANDS GREEN AMBITIONS

Danish company Norden is expanding the company’s senior management team from January 2024 with the newly created position of Chief Operating Officer (COO), Assets and Logistics, to support and drive the company’s growth ambitions in delivering integrated freight...

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