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...
Chemicals company Infineum recently hosted a Marine Symposium, focusing on decarbonisation and sustainability, in which the Greek shipping community discussed ways to meet emissions reduction regulations and explore routes toward a low-carbon, sustainable future. The...
MacGregor, part of Cargotec, has launched a new digital Carbon Calculator to help container shipping companies estimate the CO2 emissions they can eliminate by upgrading their onboard container cargo system with MacGregor Cargo Boost. By maximising container-carrying...
The Van Weelde Shipping Group, owners of the dry cargo fleet managed by Orient Shipping Rotterdam (OSR), has signed a Letter of Intent (LoI) to join Ahti Pool, a FuelEU Maritime (FEM) compliance solution. Ahti Pool is clamed to provide the easiest and most...
The Maritime and Port Authority of Singapore (MPA) and the International Renewable Energy Agency (IRENA) have formalised their collaboration through a memorandum of understanding (MoU) aimed at accelerating the energy transition of global maritime and port sectors....
The UK government has announced the latest round of funding from its £206m UK SHORE programme, which is focused on decarbonising the UK maritime sector through technical innovation. The new projects which will receive funds include green corridors linking the Port of...
Swedish sodium-ion battery developer Altris has successfully raised SEK 150m in a Series B1 funding round, introducing new investors such as Clarios and Maersk Growth. The financing will be used to finalise Altris’ pilot production facility, and thereby enable...
Emissions compliance provider Ahti has received major funding from Business Finland, a Finnish government organisation for innovation. The funding will enable Ahti to accelerate the development of its Ahti Pool, further internationalise its business offering, and...
Rotterdam-based maritime start-up accelerator PortXL has presented its 2024 cohort of 10 start-ups and scale-ups, with the aims of connecting them to partners, mentors and members of the Rotterdam and Dutch innovation ecosystem, that will assist them in the coming...
CarbonLeap, an independent organisation for managing monetised carbon reductions in global transportation, has recommended shipowners in compliance deficit to act now if they want to take advantage of cost efficiencies created by vessel pooling for meeting FuelEU...
Somas Instrument, a manufacturer of control and on/off valves, has appointed Accelleron as the authorised global service provider for its marine customers. Under this new partnership agreement, Accelleron’s service engineers will be trained to service Somas valves on...
Sustainability startup Signol, which uses behavioural science to reduce emissions in hard-to-abate industries such as shipping, has raised £2.5m from industry-focused investors. Signol’s tech-enabled behaviour change service helps ship operators to fully engage their...
Lloyd’s Register Group (LR) has reached an agreement to acquire Ocean Technologies Group (OTG), a provider of software dedicated to the global maritime industry, from European private equity firm Oakley Capital. Following the revision to the IMO GHG strategy in 2023...
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.