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...
MOL Group company MOL Plus is to invest in Pyxis Maritime, a Singapore-based developer and manufacturer of electric vessels and operator of charging stations. As part of Singapore's national aim to achieve net zero by 2050, from 2030 onward all new harbour craft...
A new partnership integrates Viam’s maritime AI technology with Rivertrace’s oil-in-water monitors, with the aim of to improving compliance, reducing pollution, and modernising maritime operations at scale. Viam’s software platform will support Rivertrace in...
Digital emissions support company OceanScore has opened its new Japan office in Tokyo, representing the next step in strengthening its presence in the Asia-Pacific region. The opening reflects OceanScore’s focus on providing proximity and structured support for...
Design and engineering consultancy Houlder has secured funding from Innovate UK’s Smart Shipping Acceleration Fund to develop an expanded module for its optimised modelling environment, HOME, that will enable shipowners to develop a roadmap for fleet decarbonisation...
Italian banking group Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, has finalised a €162.3m financing deal for Grimaldi Euromed. The financing will support the acquisition of three next-generation PCTC ships – Grande Egitto, Grande...
Global marine services provider V.Group (V.), has announced the acquisition of Njord, the maritime fuel efficiency and decarbonisation partner, founded by Maersk Tankers. The acquisition marks a further expansion of V.’s fuel efficiency and decarbonisation ecosystem...
Tanker operator Odfjell has launched what it describes as the first operational green corridor between Brazil and Europe. Based on certified sustainable biofuel, the initiative is considered a new benchmark for deep-sea decarbonisation, demonstrating that low-carbon...
Anemoi Marine Technologies has appointed Andrew Starforth as its new Programme Director, strengthening the company’s delivery capability as it continues to scale its wind-assisted propulsion solutions for the global maritime sector. Starforth brings over 25 years of...
The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an ETS Clause for incorporation into Memoranda of Agreements (MoAs) for the sale and purchase of ships. The FuelEU Maritime Regulation and the EU Emissions Trading System (EU ETS) can impact...
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...
Marine energy storage systems (ESS) company Corvus Energy has signed a memorandum of understanding (MoU) with BYD Energy Storage of China to establish a strategic collaboration aimed at advancing next-generation battery solutions for the maritime sector. The MoU in...
Spanish wind assisted propulsion systems (WAPS) company bound4blue has closed a US$ 44m funding round backed by maritime corporates, ship owning families, climate-focused investors and government capital. The round was led by Octave Capital, an investment...
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.