Maritime business news

NEW CEO AT FINNISH ROTOR SAIL COMPANY

NEW CEO AT FINNISH ROTOR SAIL COMPANY

Norsepower CEO Tuomas Riski is handing over his position onto Heikki Pöntynen, formerly a member of Norsepower’s board, and who has held several maritime management positions in Finland, China, Hong Kong, and the USA. Pöntynen has considerable experience in maritime...

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Emeche events
Castrol TLX Global
JAMES BEAN TO LEAVE NORTHSTANDARD AND JOIN LONDON P&I CLUB AS CEO

JAMES BEAN TO LEAVE NORTHSTANDARD AND JOIN LONDON P&I CLUB AS CEO

NorthStandard announces the departure of James Bean, a senior executive team member, following his decision to accept a role as Chief Executive Officer of The London P&I Club. NorthStandard will not be replacing him as one of two chiefs of geographical sectors....

COMPLIANCE POOLING CAN BRING FuelEU BENEFITS

COMPLIANCE POOLING CAN BRING FuelEU BENEFITS

New research from Finnish emissions compliance expert Ahti Climate reveals the scale of FuelEU Maritime optimisation available through pooling and the use of appropriate low-carbon fuels. Using tools it has developed to manage Ahti Pool, the first FuelEU Maritime...

ROTOR SAIL COMPANY APPOINTS COMMERCIAL DIRECTOR

ROTOR SAIL COMPANY APPOINTS COMMERCIAL DIRECTOR

Wind-assisted propulsion technology company Anemoi Marine Technologies has announced the appointment of Claes Horndahl as the new Commercial Director. With a career spanning more than 20 years supporting gas carriers and tankers, Horndahl brings experience in maritime...

CMA CGM INVESTS €200M IN FRENCH MARITIME DECARBONISATION

CMA CGM INVESTS €200M IN FRENCH MARITIME DECARBONISATION

French shipping company CMA CGM, alongside finance organisation Bpifrance, has announced a significant investment in an endowment aiming to bring together the main players in the marine sector in France to manage the decarbonisation of the French maritime sector. The...

IBIA AND BIMCO COLLABORATE ON FUEL CHALLENGES

IBIA AND BIMCO COLLABORATE ON FUEL CHALLENGES

The International Bunker Industry Association (IBIA) and shipowner organisation BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the challenges and opportunities within the areas of bunkering, marine energy and maritime sectors to help...

BEARING COMPANY AIMS TO ‘GREEN’ AFRICA’S LARGEST FLEET 

BEARING COMPANY AIMS TO ‘GREEN’ AFRICA’S LARGEST FLEET 

Nigerian company Gelose Marine Services has joined Thordon Bearings’ network of authorised distributors to further the 'greening' of Nigeria’s fleet of domestic and international vessels with sustainable bearing solutions. Gelose's portfolio ranges from maritime...

ME Productions
Pureteq
WALLENIUS WILHELMSEN JOINS DECARBONISATION COALITION

WALLENIUS WILHELMSEN JOINS DECARBONISATION COALITION

Ro-ro operator Wallenius Wilhelmsen has added its voice to global public-private partnership, the First Movers Coalition (FMC), which is working to scale the most critical, emerging climate technologies required to decarbonise the world’s heavy-emitting sectors. The...

DUTCH  BATTERY COMPANY SECURES FUNDS TO INCREASE SUSTAINABILITY

DUTCH  BATTERY COMPANY SECURES FUNDS TO INCREASE SUSTAINABILITY

Rotterdam-based Nesec Financiering is contributing to an investment programme designed to increase maritime sustainability. By providing a strategic loan, Nesec will plays a pivotal role in the total capital attracted by EST-Floattech from Energietransitiefonds...

SHIP RECYCLING AT LOWEST LEVEL IN 20 YEARS

SHIP RECYCLING AT LOWEST LEVEL IN 20 YEARS

BIMCO reports that over the past two years, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market shocks and low orderbooks have kept older ships operating for...

INTERCARGO AND RIGHTSHIP LAUNCH SUSTAINABILITY INITIATIVE

INTERCARGO AND RIGHTSHIP LAUNCH SUSTAINABILITY INITIATIVE

Dry Cargo Shipowner association Intercargo and digital maritime ESG platform RightShip have launched the Dry Bulk Centre of Excellence (DBCE), an independent, not-for-profit industry organisation dedicated to the administration of the Dry Bulk Management Standard...

ONE SECURES INITIAL EU ETS CREDITS

ONE SECURES INITIAL EU ETS CREDITS

Japanese container shipping alliance Ocean Network Express (ONE) has made its inaugural European Union Allowances (EUA) transaction with BNP Paribas. According to ONE, commencing 1 January 2024, under the regulations of the EU Emissions Trading System (EU-ETS), the...

ELTRONIC FUELTECH STRENGTHENS PARTNERSHIP WITH CSTC SHANGHAI

ELTRONIC FUELTECH STRENGTHENS PARTNERSHIP WITH CSTC SHANGHAI

Eltronic FuelTech and China Shipbuilding Trading CSTC (Shanghai), a prominent player in the Chinese maritime industry, have formalised their collaboration by signing a Memorandum of Understanding (MoU). The mutual agreement signals a united commitment to advancing...

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