Maritime business news

Yara
Cygnus
OLDENDORFF FINANCES ALPHA ORI CLEANTECH SOFTWARE

OLDENDORFF FINANCES ALPHA ORI CLEANTECH SOFTWARE

Dry bulk operator Oldendorff Carriers has signed a deal with digital solutions company Alpha Ori Technologies (AOT), under which it will invest in AOT and provide an Oldendorff Carriers’ representative to sit on the AOT board. According to AOT, its digital solutions...

GBP 75bn NEEDED TO CLEAN UP UK SHIPPING, SAYS STUDY

GBP 75bn NEEDED TO CLEAN UP UK SHIPPING, SAYS STUDY

A report produced by Marine Capital with the support of UMAS and Lloyd’s Register (LR), estimates that approximately £75bn of investment over the coming three decades will be required for the UK’s domestic maritime sector to transition to net zero. Attracting new...

ANEMOI EXTENDS LEASE ON SAIL TEST BASE

ANEMOI EXTENDS LEASE ON SAIL TEST BASE

Anemoi Marine Technologies has extended the lease for its land-based Rotor Sail test facility at the Port of Blyth following a period of growth for the business. For nearly 10 years Anemoi’s test facility has been based at the Port of Blyth, which is a leading...

INTERNATIONAL LEADERS MEET IN SINGAPORE

INTERNATIONAL LEADERS MEET IN SINGAPORE

The Maritime and Port Authority of Singapore (MPA)’s Academy has welcomed 16 senior maritime leaders from 12 countries and the IMO at its 12th Maritime Public Leaders’ Programme (MPLP). The MPLP is an executive leadership programme that was first launched in 2011. It...

NYK AND CODELCO AIM TO DECARBONISE SHIPPING OF COPPER

NYK AND CODELCO AIM TO DECARBONISE SHIPPING OF COPPER

Chilean state-owned copper producer Corporación Nacional del Cobre de Chile (Codelco) and NYK Bulk & Project Carriers (NBP), an NYK Group company, have signed a memorandum of understanding (MoU) to jointly study the decarbonised transportation of copper products....

EUROPEAN INDUSTRY CALLS FOR EARMARKING OF SHIPPING ETS REVENUES

EUROPEAN INDUSTRY CALLS FOR EARMARKING OF SHIPPING ETS REVENUES

As negotiations on the inclusion of shipping in the EU Emission Trading Scheme (ETS) enter the final stretch, European shipowners, ports and port operators, the cruise and ferry sector, shipyards and equipment manufacturers, fuel suppliers, shippers and forwarders...

CR Ocean
Protea
BIMCO ADOPTS CII CHARTER PARTY CLAUSE

BIMCO ADOPTS CII CHARTER PARTY CLAUSE

BIMCO's Documentary Committee has adopted a CII Operations Clause for Time Charter Parties which will help the industry implement new IMO requirements. The new regulations on the carbon intensity of international shipping will come into force on 1 January 2023. The...

MARINE LOGISTICS COMPANIES OFFER CARBON OFFSETS

MARINE LOGISTICS COMPANIES OFFER CARBON OFFSETS

Maritime logistics providers Marinetrans and Best Global Logistics have concluded a deal with Justdiggit, a non-profit ‘regreening’ NGO with offices in Amsterdam (NL), Nairobi (Kenia) and Arusha (Tanzania) to offer carbon offsets, a collaboration which the companies...

ABS TO ESTABLISH LNG TRAINING IN QATAR

ABS TO ESTABLISH LNG TRAINING IN QATAR

Classification organisation ABS is to open a global liquified natural gas (LNG) training centre in Doha, Qatar, as part of its support of Qatar’s National Vision 2030 and the Tawteen Programme, which focuses on education and quality employment for Qatari nationals. In...

DECARBONISATION IS THE FUTURE – WÄRTSILÄ CEO

DECARBONISATION IS THE FUTURE – WÄRTSILÄ CEO

Announcing the group's financial result for the July-September 2022 period, which showed a good order intake but profitability is still challenging, Wärtsilä’s president and CEO Håkan Agnevall (pictured) said that "The decarbonisation journey will transform our...

MARINE BATTERY COMPANY APPOINTS NEW CEO

MARINE BATTERY COMPANY APPOINTS NEW CEO

Swedish company Echandia has promoted Fredrik Hellström, currently deputy CEO, to be its new CEO, with the aim of focusing on building a solid growing business and broadening the product portfolio. Hellström joined Echandia in 2021, following more than 10 years’...

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PureSOx
Danfoss
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