Multi-sector LNG industry coalition Sea-LNG has joined the UK Alternative Maritime Fuels Coalition, which is led by UK Chamber of Shipping and Cruise Lines International Association (CLIA) to bring together shipowners, fuel suppliers, producers and maritime technology...
Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion, a designer and manufacturer of integrated propulsion and electrical systems for the maritime market. The acquisition represents a strategic step to strengthen Kongsberg...
Marine energy solutions provider KPI OceanConnect has announced its financial results for the year 2025/2026, during which it delivered 13m tonnes of marine fuel, increasing revenue to US$ 6.2bn. The results are thought to reflect a year of strong operational...
A new study by European Shipowners (ECSA) quantifies for the first time how much revenues shipping contributes to the national budget of EU member states. ECSA is campaigning for a requirement to reinvest these revenues in clean fuel availability and clean tech...
Everllence has unveiled the comprehensive expansion of the PrimeServ Academy at its Augsburg site, with increased floor space, from around 1,700m2 to approximately 3,000m2, enabling the growing demand for training driven by new technological developments to be met....
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...
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