Japanese ship operator Nippon Yusen Kabushiki Kaisha (NYK), has jointly developed an AI-based system with MTI and Grid that automates and optimises the allocation plan of car carriers, which NYK says will lead to significant reduction in GHG emissions. NYK operates...
Norwegian state-owned Enova has awarded NOK 300m in innovation funding to Maris Fiducia Norway, with HAV Group company HAV Hydrogen and Norwegian Hydrogen as subcontractors, to develop, build and operate five hydrogen-powered dry-bulk vessels. The grant is awarded...
Danish company Eltronic Fueltech, which specialises in ammonia and methanol fuel supply and safety systems for the maritime market, has signed a new agency agreement with Great Ocean, a prominent player in the Chinese maritime market. The partnership is said to mark a...
Solutions provider for the maritime industry Marcura has completed a significant leadership handover, with Jens Lorens Poulsen moving from his position as Group CEO to assume the role of Chair of the Board, while Henrik Hyldahn, previously the CEO of maritime online...
Silverstream Technologies has signed a memorandum of understanding (MoU) with HD Hyundai Marine Solution, part of HD Hyundai Heavy Industry (HD HHI) Group of South Korea. HD Hyundai started as a shipbuilder in 1972 and has grown into a comprehensive heavy industry...
UK-headquartered service and repair company CTS Offshore and Marine and Dutch maritime service provider Varuna Marine Services (VMS) have formed a strategic partnership to offer vessel owners and operators an informed pathway for carbon emission management. By...
Ship operating and management company Union Maritime is investing in BAR Technologies in a move to deploy wind propulsion technology across its fleet. As well as a previously-announced contract to fit BAR's WindWings to two newbuild tankers, the company is working...
French Wind Assisted Ship Propulsion (WASP) system company Ayro has introduced an expanded wingsail portfolio designed to adapt to the cargo needs of ships of most types or size, despite vastly different requirements, while at the same time it has rebranded as...
Armada Technologies has announced the successful close of its seed funding round, raising a total of US$ 3.2m, which includes contributions from both strategic partners and traditional financial investors to advance eco-friendly maritime solutions to support...
Norsepower CEO Tuomas Riski is handing over his position onto Heikki Pöntynen, formerly a member of Norsepower’s board, and who has held several maritime management positions in Finland, China, Hong Kong, and the USA. Pöntynen has considerable experience in maritime...
NorthStandard announces the departure of James Bean, a senior executive team member, following his decision to accept a role as Chief Executive Officer of The London P&I Club. NorthStandard will not be replacing him as one of two chiefs of geographical sectors....
New research from Finnish emissions compliance expert Ahti Climate reveals the scale of FuelEU Maritime optimisation available through pooling and the use of appropriate low-carbon fuels. Using tools it has developed to manage Ahti Pool, the first FuelEU Maritime...
Wind-assisted propulsion technology company Anemoi Marine Technologies has announced the appointment of Claes Horndahl as the new Commercial Director. With a career spanning more than 20 years supporting gas carriers and tankers, Horndahl brings experience in maritime...
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