The World Shipping Council (WSC), representing the global container shipping and vehicle carrier industry, has welcomed the European Commission’s practical EU ETS revisions to accelerate alternative maritime fuels and channel revenues back into shipping’s...
Dutch emissions-reduction technology innovator Value Maritime has signed a commercial representation agreement with Hai Cheung China, appointing the company as its technical consultant and agent for the Chinese market. The partnership is intended to strengthen Value...
According to European industry organisation Waterborne Technology Platform (Waterborne TP), investments made by the broader European waterborne transport sector in 2025 reached record levels. The Partnership Board of the Co-Programmed Partnership on Zero-Emission...
The Volkswagen Group has entered into an exclusive arrangement with private investment group Bain Capital for the sale of its majority stake in Everllence – 51% of the shares are to be transferred to Bain Capital. With this transaction, Volkswagen wants to...
The International Chamber of Shipping (ICS) Board of Directors has appointed John Denholm as Chairman, succeeding Emanuele Grimaldi, who concludes four years as Chairman after leading the organisation through a period of unprecedented challenge and change for...
European Shipowners (ECSA) is asking the European Commission to scale up the sector's decarbonisation by using the EU and national ETS revenues for investment in making sustainable fuels and technologies available for transport. In this move, ECSA is joining with...
The Sustainable Shipping Initiative (SSI) has announced that international shipbroking and financial services group Braemar has joined SSI as a member. Braemar becomes the latest organisation to join SSI's 'Commercial Pathways to Transition' workstream, which brings...
Grieg New Energy, part of the Grieg Maritime Group, is among investors joining Norwegian marine battery developer Nereida’s shareholder base. Nereida offers battery solutions for a broad range of vessels, from offshore to ferries, with a proprietary control system and...
BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping increases. As the shipping industry decarbonises, regulatory frameworks can reshape companies’ fuel strategies. The...
StormGeo and OceanScore have deepened their cooperation through the signing of a new collaboration agreement which combines StormGeo’s experience in operational vessel and emissions data with OceanScore’s experience in emissions compliance workflows across EU ETS,...
Berg Propulsion has reached a formal partnership agreement with Stone Marine Services (SMS), a Scottish specialist in propulsion system retrofits and repairs, in a commitment to expand service and support activities across the UK and Ireland. The new arrangement...
BAR Technologies has appointed Panmarine & Industrial Services as its commercial consultant for Greece, Cyprus and connected territories, strengthening its regional presence as wind assisted propulsion systems (WAPS) moves into wider adoption as a practical...
Wärtsilä is to invest around €90m to further expand its technical production capacity by 30% at its Sustainable Technology Hub (STH) in Vaasa, Finland and across its associated global supply chain. This expansion follows a 35% increase in technical production...
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