Maritime business news

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...

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Danfoss
Coach Solutions
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...

WÄRTSILÄ SIMULATOR PACKAGE FOR UAE

WÄRTSILÄ SIMULATOR PACKAGE FOR UAE

Wärtsilä has supplied its latest simulator technology to the Sharjah Maritime Academy, located in Khorfakkan, United Arab Emirates. The academy is one of the region’s leading providers of maritime studies, training and research. The advanced simulation facility, which...

Protea
CR Ocean
NEW MAN SERVICE HUB WILL HELP ENABLE ALTERNATIVE FUEL TAKE-UP

NEW MAN SERVICE HUB WILL HELP ENABLE ALTERNATIVE FUEL TAKE-UP

The Singapore Maritime and Port Authority (MPA) has welcomed the opening of MAN Energy Solutions’ new mixed-purpose service facility that will expand its local business activities in Singapore. As one of the leading global engine makers of alternative-fuel engines,...

SWISS COMPANY DEVELOPS MARINE FUEL CELL

SWISS COMPANY DEVELOPS MARINE FUEL CELL

EH Group of Switzerland has joined H2Marine, a co-funded initiative by the EU’s Clean Hydrogen Partnership and SERI (Switzerland). The project is committed to innovation in hydrogen technologies, focused on the development of next generation PEM fuel cell (FC) stacks...

WASTE-TO-GREEN-METHANOL COMPANY APPOINTS NEW PROJECT DIRECTOR

WASTE-TO-GREEN-METHANOL COMPANY APPOINTS NEW PROJECT DIRECTOR

WasteFuel, a US-based next-generation waste-to-fuels company, has appointed Johan Fritz, former Johnson Matthey Project and Engineering Director, to serve as the company’s Global Projects Director. Fritz will oversee WasteFuel’s project development team and work...

Ecospray Carbon capture technologies
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