The new Managing Director of the Maritime Emissions Reduction Centre (MERC) is Nikos Kakalis, currently Lloyd’s Register’s Global Bulk Carriers Segment Director, succeeding Stelios Korkodilos in leading the Athens-based non-profit industry collaboration. The MERC was...
Design and engineering consultancy Houlder has secured funding from Innovate UK’s Smart Shipping Acceleration Fund to develop an expanded module for its optimised modelling environment, HOME, that will enable shipowners to develop a roadmap for fleet decarbonisation...
Italian banking group Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, has finalised a €162.3m financing deal for Grimaldi Euromed. The financing will support the acquisition of three next-generation PCTC ships – Grande Egitto, Grande...
Global marine services provider V.Group (V.), has announced the acquisition of Njord, the maritime fuel efficiency and decarbonisation partner, founded by Maersk Tankers. The acquisition marks a further expansion of V.’s fuel efficiency and decarbonisation ecosystem...
Tanker operator Odfjell has launched what it describes as the first operational green corridor between Brazil and Europe. Based on certified sustainable biofuel, the initiative is considered a new benchmark for deep-sea decarbonisation, demonstrating that low-carbon...
Anemoi Marine Technologies has appointed Andrew Starforth as its new Programme Director, strengthening the company’s delivery capability as it continues to scale its wind-assisted propulsion solutions for the global maritime sector. Starforth brings over 25 years of...
The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an ETS Clause for incorporation into Memoranda of Agreements (MoAs) for the sale and purchase of ships. The FuelEU Maritime Regulation and the EU Emissions Trading System (EU ETS) can impact...
GT Wings, a UK-based wind propulsion company developing the AirWing Jet Sail system, has announced the close of a significant investment round led by Grieg Kapital, the investment arm of Norway's Grieg Group. Grieg Kapital is investing alongside other investment...
Marine energy storage systems (ESS) company Corvus Energy has signed a memorandum of understanding (MoU) with BYD Energy Storage of China to establish a strategic collaboration aimed at advancing next-generation battery solutions for the maritime sector. The MoU in...
Spanish wind assisted propulsion systems (WAPS) company bound4blue has closed a US$ 44m funding round backed by maritime corporates, ship owning families, climate-focused investors and government capital. The round was led by Octave Capital, an investment...
Wärtsilä is strengthening its supply chain through a strategic partnership with Siempelkamp Giesserei, a key supplier of large cast components for Wärtsilä engines. The partnership is intended to give Wärtsilä reliable access to high-quality large cast components in a...
Low- and zero-carbon marine fuels organisation SGMF has appointed Dr Joseph Lambert as senior technical advisor. Lambert is a maritime energy and cleantech specialist with experience across government, academia, and consultancy. At the UK’s Department for Energy...
Nippon Yusen Kabushiki Kaisha (NYK Line) has signed an agreement with Australian resources company BHP Group to renew a memorandum of understanding (MoU) initially concluded in June 2022, reinforcing both companies’ commitment to support decarbonisation and improve...
Keep up to date with news and events in the industry.
We do not share your information with third parties and you can unsubscribe at any time.