Maritime business news

Jotun
Protea Marine Emissions Monitoring
SSI ADDS SHIPBROKER TO ENERGY TRANSITION GROUP

SSI ADDS SHIPBROKER TO ENERGY TRANSITION GROUP

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 INVESTS IN BATTERY DEVELOPMENT

GRIEG INVESTS IN BATTERY DEVELOPMENT

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 ADOPTS NEW CLAUSE TO SUPPORT LOW-CARBON FUEL TRANSITION

BIMCO ADOPTS NEW CLAUSE TO SUPPORT LOW-CARBON FUEL TRANSITION

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...

DATA COMPANIES FORMALISE EMISSIONS COMPLIANCE PARTNERSHIP

DATA COMPANIES FORMALISE EMISSIONS COMPLIANCE PARTNERSHIP

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 AND SMS PARTNER TO SERVE NEW PROPULSION TECHNOLOGIES

BERG AND SMS PARTNER TO SERVE NEW PROPULSION TECHNOLOGIES

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 EXPANDS IN GREECE AND CYPRUS

BAR TECHNOLOGIES EXPANDS IN GREECE AND CYPRUS

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...

SMM Conference
Pureteq
WÄRTSILÄ RAMPS UP PRODUCTION TO MEET DECARBONISATION GOALS

WÄRTSILÄ RAMPS UP PRODUCTION TO MEET DECARBONISATION GOALS

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...

AGREEMENT SIGNED ON HONG KONG MARITIME ELECTRIFICATION

AGREEMENT SIGNED ON HONG KONG MARITIME ELECTRIFICATION

Wah Kwong NatPower Holdings has signed a Memorandum of Understanding (MoU) with Chu Kong Shipping Enterprises Group (CKS), a subsidiary of Guangdong Provincial Port & Shipping Group Company. The two parties have agreed to establish a cooperative framework based on...

MBF WELCOMES OSK DESIGN

MBF WELCOMES OSK DESIGN

The latest member of the Maritime Battery Forum (MBF) is OSK Design, an internationally recognised maritime design and consultancy firm, which offers a long-standing track record in advanced vessel design and early adoption of hybrid and electric propulsion systems....

ABS SUPPORTS PIL’S EMISSION REDUCTION VERIFICATION

ABS SUPPORTS PIL’S EMISSION REDUCTION VERIFICATION

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing of a memorandum of understanding (MoU) to support PIL’s participation in Book and Claim registries, enabling credible and independently verified claims of emission...

FUNDING FOR METHANE ABATEMENT SYSTEM DEVELOPER

FUNDING FOR METHANE ABATEMENT SYSTEM DEVELOPER

Daphne Technology, a Switzerland-based industrial decarbonisation company solving the methane slip problem in natural gas engine exhaust gases, has announced the first close of its current round, led by Taranis, a London sustainability investor. Taranis joins Shell...

ACQUISITION TAKES DANISH GROUP INTO SHORE POWER

ACQUISITION TAKES DANISH GROUP INTO SHORE POWER

KK Group of Denmark has announced the acquisition of PowerCon, another Danish company with strong maritime roots, specialising in renewable power conversion technology for the maritime, wind and battery energy storage industries. The acquisition is expected to create...

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