Norsepower, a Finnish provider of mechanical sails for large ships, has successfully secured €28m in its latest Series C fundraising round, with French asset manager Mirova, an affiliate of Natixis Investment Management dedicated to sustainable investment, leading the...
Alfa Laval has completed the acquisition of Marine Performance Systems (MPS), a Rotterdam-based maritime technology company that has developed a novel fluidic air lubrication system. The move will enable Alfa Laval to bring this environment-friendly technology to...
The French GTT group is to create a new brand, Ascenz Marorka, which results from the collaboration of two GTT subsidiaries in the digitalisation of the maritime industry: Ascenz, a Singaporean company with an extensive experience in Electronic Fuel Management, and...
A.P. Moller Maersk (Maersk) has reached an agreement with group parent company A.P. Moller Holding for its intended divestment of Maersk Supply Service (MSS), a provider of global offshore marine services and project solutions for the energy sector, with 1600...
Rotterdam-based Value Maritime (VM) has recently opened an office in Singapore to be closer to clients and grow our operations in the important and expanding Asia Pacific shipping market. The new office is based in the Singapore Central Business District (CBD). Milou...
Analysis by BIMCO has found that scrubbers were installed on 399 ships in 2022, and although this represents a fall of 24% year on year, currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, BIMCO...
Port services provider S5 Agency World (S5) has begun providing global hub and port agency support to Proman for its first methanol-fuelled tankers, having successfully coordinated two new methanol-powered vessels 'Stena Pro Patria' and 'Stena Pro Marine' for their...
French water treatment specialist Bio-UV Group has appointed Laurent-Emmanuel Migeon as its new Chairman and CEO, succeeding company founder Benoît Gillmann. Gillmann, who founded the company in 2000, said: “After more than 22 years of service dedicated to the...
Anemoi Marine Technologies, which develops wind-assisted propulsion for commercial vessels, has appointed Liam Campbell as Projects Director. Campbell has extensive experience in the maritime industry working in senior and director positions in shipyards,...
Speaking at the CERA Energy industry conference in the US, ABS Chairman, President and CEO Christopher J Wiernicki underscored the pivotal role of shipping in driving the global clean energy transition. Wiernicki told the annual gathering of ministers and CEOs from...
Seaber.io, the Finnish maritime technology company, has announced a cooperation with Norway-based Wilson EuroCarriers, in which Seaber’s innovative technology will enable the digitalisation of Wilson’s fleet scheduling, helping to improve efficiency as well as...
The International Chamber of Shipping (ICS) and Egypt’s Suez Canal Authority (SCA) have renewed an agreement covering key issues impacting international shipowners and operations of the Suez Canal. The agreement was initially signed in May 2022 to increase information...
French container shipping group CMA CGM says that from its previously-announced grant of €200m dedicated to companies in the the French maritime sector to accelerate their decarbonisation, €20m will be dedicated to the decarbonisation of fishing vessels. The...
