Goltens Worldwide and WE Tech Solutions of Finland have signed a Memorandum of Understanding (MoU) to jointly promote, sell, and deliver advanced marine retrofit projects aimed at improving vessel energy efficiency and reducing emissions. Under the agreement, Goltens...
Intercargo, the International Association of Dry Cargo Shipowners, convened recently in Guangzhou for its semi-annual meetings, the first time the Association has held such an event in China. The meetings, hosted by Cosco Shipping Bulk, brought together global members...
According to a recent analysis by maritime data and compliance company OceanScore, as the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create...
BAR Technologies has appointed Yildiz Saraç Williams as its new Technical Director, effective 12 June 2025. A Chartered Engineer and Naval Architect with extensive consultancy experience, Williams joins the company during a period of rapid expansion and global demand...
The International Shipsuppliers & Services Association (ISSA) says it has taken two major steps forward in its environmental and sustainability journey by becoming an Association Member of Green Marine International and actively contributing to the IMPA Maritime...
Damen Shiprepair and Alfa Laval Benelux have signed a memorandum of understanding (MoU) to intensify their co-operation on energy efficiency in the maritime industry. The partnership brings together two key players committed to supporting shipowners in their...
UK-headquartered maritime technology company Orca AI has secured additional investment of US$ 72.5m in Series B funding, in a round led by Brighton Park Capital with participation from existing investors Ankona Capital and Hyperlink Ventures. The investment will...
HD Hyundai and A.P. Moller - Maersk (Maersk) have signed of a Memorandum of Understanding (MOU) to establish a collaboration on decarbonisation solutions for vessels, while HD Hyundai plans to expand the use of Maersk’s integrated logistics services across its...
Wind propulsion company Norsepower has signed a strategic Memorandum of Understanding (MoU) agreement with COSCO Shipping Heavy Industry Equipment Nantong (CHIC) to accelerate the serial production, sales, installation, and service of Norsepower rotor sails in the...
MAN Energy Solutions has signed a framework agreement with COSCO Shipping Heavy Industry (CHI) regarding their future cooperation on decarbonisation retrofit projects. Guo Zhiqiang, Deputy GM, CHI Commercial Headquarters, said: “I am pleased to announce that CHI and...
Wärtsilä is set to expand its state-of-the-art technology centre Sustainable Technology Hub in Vaasa, Finland, with a €50 million total investment. Expanding the R&D testing capabilities and facilities will enhance Wärtsilä’s ability to meet the growing...
Alfa Laval has completed the acquisition of UK-based NRG Marine, a provider of ultrasonic antifouling technology for various applications including marine. This strategic move strengthens Alfa Laval’s capabilities towards enhancing energy efficiency and operational...
According to maritime data analyst OceanScore, shipping companies must evaluate a range of compliance options under FuelEU Maritime that can have a significant financial impact if not managed properly. Continuous forecasting is essential for an effective compliance...
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