Maritime business news

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...

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Danfoss
Coach Solutions
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...

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...

ZERONORTH AND VITOL FORM PARTNERSHIP TO ASSIST EUROPEAN GREEN SHIPPING

ZERONORTH AND VITOL FORM PARTNERSHIP TO ASSIST EUROPEAN GREEN SHIPPING

Danish technology company ZeroNorth, in partnership with energy and commodities company Vitol, says that customers will now be able to request to buy European Union Allowances (EUAs) for EU Emissions Trading System (EU ETS) compliance through the ZeroNorth platform....

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...

Protea
CR Ocean
ELEVEN PROPOSALS GO FORWARD FOR SINGAPORE HARBOUR CRAFT ELECTRIFICATION

ELEVEN PROPOSALS GO FORWARD FOR SINGAPORE HARBOUR CRAFT ELECTRIFICATION

An expression of interest (EOI) launched by the Maritime and Port Authority of Singapore (MPA) in 2023 for proposals on designs and to promote adoption of full electric harbour craft (e-HC) in Singapore received a total of 55 proposals from 32 international and local...

NEW APPOINTMENT TO LEAD LR’s DIGITAL AND DECARBONISATION SUBSIDIARY

NEW APPOINTMENT TO LEAD LR’s DIGITAL AND DECARBONISATION SUBSIDIARY

Lloyd's Register (LR) has hired Martin Penney, who will succeed Martin Taylor as the next CEO of LR OneOcean, following Taylor’s retirement. Penney was previously CEO of marine software provider SpecTec, and brings over 25 years’ experience in digital solutions,...

ZERONORTH AND ALPHA ORI JOIN FORCES FOR ZERO EMISSIONS SHIPPING

ZERONORTH AND ALPHA ORI JOIN FORCES FOR ZERO EMISSIONS SHIPPING

ZeroNorth and Alpha Ori Technologies have announced that they have received all required regulatory approval for their agreement to join forces. The two organisations will now operate as a new, integrated business under the name ZeroNorth. The milestone kicks off a...

DANISH SHIPOWNERS DEMONSTRATE SUSTAINABILITY REPORTING

DANISH SHIPOWNERS DEMONSTRATE SUSTAINABILITY REPORTING

A new ESG-network launched by Danske Rederier (Danish Shipping) addresses the pressing need for collaboration and knowledge sharing within the shipping industry regarding sustainability reporting. At the inaugural meeting of the network, Danish Shipping members Maersk...

ROTTERDAM INVESTS IN MARINE ELECTRIFICATION

ROTTERDAM INVESTS IN MARINE ELECTRIFICATION

Maritime battery system developer EST-Floattech has received an investment of €4m from the Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. The ‘Energietransitiefonds Rotterdam’ is the investment fund of...

‘K’ LINE ACQUIRES FRENCH WIND PROPULSION COMPANY

‘K’ LINE ACQUIRES FRENCH WIND PROPULSION COMPANY

Japanese shipping company Kawasaki Kisen Kaisha ('K' Line) has acquired the business of Airseas (France), a company specialising in kites for wind propulsion assistance. 'K' Line has established a new company, to be known as Oceanicwing, based at Nantes in France. The...

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