Maritime business news

NORWEGIAN H2 PROJECT SECURES ENOVA FUNDING

NORWEGIAN H2 PROJECT SECURES ENOVA FUNDING

Norwegian company H2SITE has secured €3.4m (NOK 39.1m) in funding from Enova for HydraNord Power, a project that will develop and validate a commercial-scale onboard ammonia-to-power system for the maritime sector. Enova is one of the Norwegian government's primary...

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Protea Marine Emissions Monitoring
NEW UK ALTERNATIVE FUELS BODY ESTABLISHED IN UK

NEW UK ALTERNATIVE FUELS BODY ESTABLISHED IN UK

Multi-sector LNG industry coalition Sea-LNG has joined the UK Alternative Maritime Fuels Coalition, which is led by UK Chamber of Shipping and Cruise Lines International Association (CLIA) to bring together shipowners, fuel suppliers, producers and maritime technology...

HMM SECURES CONTRACT FOR TRI-FUEL BULK CARRIER NEWBUILDS

HMM SECURES CONTRACT FOR TRI-FUEL BULK CARRIER NEWBUILDS

HMM has signed a long-term shipping contract valued at approximately KRW 4.7trn with Brazilian mining company Vale. HMM had previously, in June 2026, disclosed an order for eight new 210,000 dwt Newcastlemax bulk carriers which will feature tri-fuel propulsion engines...

WE TECH AND DANFOSS STRENGTHEN ELECTRIFICATION PARTNERSHIP

WE TECH AND DANFOSS STRENGTHEN ELECTRIFICATION PARTNERSHIP

Danfoss Drives is strengthening its long-standing collaboration with WE Tech Solutions by appointing them as an authorized Danfoss Drives system integrator and service company for the marine sector. This partnership empowers WE Tech to leverage Danfoss’s drive as it...

VARD AND SINTEF FORMALISE STRATEGIC PARTNERSHIP

VARD AND SINTEF FORMALISE STRATEGIC PARTNERSHIP

Norwegian research organisation Sintef and Fincantieri subsidiary Vard have entered into a strategic cooperation agreement to strengthen research, technology development and innovation in future maritime solutions. The aim is to meet the industry’s needs in the energy...

RIVERTRACE JOINS WITH KOREAN DISTRIBUTOR

RIVERTRACE JOINS WITH KOREAN DISTRIBUTOR

Marpol compliance solutions and oil-in-water monitoring company Rivertrace has formed a new partnership with Magna Mare in South Korea, strengthening its presence and customer support across one of the leading shipbuilding and maritime markets. The partnership brings...

Swiss Climate
MEP
INDEPENDENT SERVICE LAUNCHED FOR SHIPBOARD SYSTEMS INCLUDING EGCS

INDEPENDENT SERVICE LAUNCHED FOR SHIPBOARD SYSTEMS INCLUDING EGCS

A new Italian company EcoStone Solutions has launched as a new specialist marine service company providing independent aftersales support for shipboard environmental technologies. EcoStone supports shipowners and technical managers across a broad range of shipboard...

ZERO-EMISSION USV COMPANY EXPANDS IN EUROPE

ZERO-EMISSION USV COMPANY EXPANDS IN EUROPE

US-headquartered company Saildrone, which designs, builds, and operates commercially developed wind-powered unmanned surface vessels (USVs), has announced a major expansion of its European footprint, with new manufacturing locations and operation centres. The...

JAPANESE BANK AND GCMD TO OFFER EET FINANCE

JAPANESE BANK AND GCMD TO OFFER EET FINANCE

The Global Centre for Maritime Decarbonisation (GCMD) and Development Bank of Japan Inc. (DBJ) have announced a five-year Impact partnership to accelerate the adoption of maritime decarbonisation solutions through innovative financing approaches. The partnership...

WARTSILA TO MAINTAIN CARNIVAL LNG-FUELLED CRUISE SHIPS

WARTSILA TO MAINTAIN CARNIVAL LNG-FUELLED CRUISE SHIPS

Wärtsilä and Carnival Corporation have entered into an eight-year lifecycle agreement covering four cruise vessels within the Princess Cruises and Carnival Cruise Line fleets, including two vessels currently under construction. The agreement marks the first service...

WSC WELCOMES ETS SHIPPING REVISIONS BUT SOUNDS CAUTION FOR PORTS

WSC WELCOMES ETS SHIPPING REVISIONS BUT SOUNDS CAUTION FOR PORTS

The World Shipping Council (WSC), representing the global container shipping and vehicle carrier industry, has welcomed the European Commission’s practical EU ETS revisions to accelerate alternative maritime fuels and channel revenues back into shipping’s...

MMMCZCS GAINS CONSULTATIVE STATUS AT IMO

MMMCZCS GAINS CONSULTATIVE STATUS AT IMO

The IMO Council has granted consultative status to the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping (MMMCZCS) as an independent nongovernmental organisation. Consultative status gives MMMCZCS a formal seat at the table in committees, sub-committees, and...

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