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...
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...
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...
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...
Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion, a designer and manufacturer of integrated propulsion and electrical systems for the maritime market. The acquisition represents a strategic step to strengthen Kongsberg...
Marine energy solutions provider KPI OceanConnect has announced its financial results for the year 2025/2026, during which it delivered 13m tonnes of marine fuel, increasing revenue to US$ 6.2bn. The results are thought to reflect a year of strong operational...
A new study by European Shipowners (ECSA) quantifies for the first time how much revenues shipping contributes to the national budget of EU member states. ECSA is campaigning for a requirement to reinvest these revenues in clean fuel availability and clean tech...
Everllence has unveiled the comprehensive expansion of the PrimeServ Academy at its Augsburg site, with increased floor space, from around 1,700m2 to approximately 3,000m2, enabling the growing demand for training driven by new technological developments to be met....
Dutch emissions-reduction technology innovator Value Maritime has signed a commercial representation agreement with Hai Cheung China, appointing the company as its technical consultant and agent for the Chinese market. The partnership is intended to strengthen Value...
According to European industry organisation Waterborne Technology Platform (Waterborne TP), investments made by the broader European waterborne transport sector in 2025 reached record levels. The Partnership Board of the Co-Programmed Partnership on Zero-Emission...
The Volkswagen Group has entered into an exclusive arrangement with private investment group Bain Capital for the sale of its majority stake in Everllence – 51% of the shares are to be transferred to Bain Capital. With this transaction, Volkswagen wants to...
The International Chamber of Shipping (ICS) Board of Directors has appointed John Denholm as Chairman, succeeding Emanuele Grimaldi, who concludes four years as Chairman after leading the organisation through a period of unprecedented challenge and change for...
European Shipowners (ECSA) is asking the European Commission to scale up the sector's decarbonisation by using the EU and national ETS revenues for investment in making sustainable fuels and technologies available for transport. In this move, ECSA is joining with...
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