Maritime business news

IBIA AND BIMCO COLLABORATE ON FUEL CHALLENGES

IBIA AND BIMCO COLLABORATE ON FUEL CHALLENGES

The International Bunker Industry Association (IBIA) and shipowner organisation BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the challenges and opportunities within the areas of bunkering, marine energy and maritime sectors to help...

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Danfoss
Coach Solutions
DANISH SHIPOWNERS DEMONSTRATE SUSTAINABILITY REPORTING

DANISH SHIPOWNERS DEMONSTRATE SUSTAINABILITY REPORTING

A new ESG-network launched by Danske Rederier (Danish Shipping) addresses the pressing need for collaboration and knowledge sharing within the shipping industry regarding sustainability reporting. At the inaugural meeting of the network, Danish Shipping members Maersk...

ROTTERDAM INVESTS IN MARINE ELECTRIFICATION

ROTTERDAM INVESTS IN MARINE ELECTRIFICATION

Maritime battery system developer EST-Floattech has received an investment of €4m from the Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. The ‘Energietransitiefonds Rotterdam’ is the investment fund of...

‘K’ LINE ACQUIRES FRENCH WIND PROPULSION COMPANY

‘K’ LINE ACQUIRES FRENCH WIND PROPULSION COMPANY

Japanese shipping company Kawasaki Kisen Kaisha ('K' Line) has acquired the business of Airseas (France), a company specialising in kites for wind propulsion assistance. 'K' Line has established a new company, to be known as Oceanicwing, based at Nantes in France. The...

COLUMBIA AND MULTIMARINE JOIN FORCES WITH DECARBONISATION FOCUS

COLUMBIA AND MULTIMARINE JOIN FORCES WITH DECARBONISATION FOCUS

Multimarine Services and the Columbia Group have sign a Memorandum of Agreement (MoA) to explore and identify collaborative projects in the maritime and energy sectors. The MoA will see Multimarine Services and the Columbia Group working together to identify and...

X-PRESS FEEDERS SIGNS DEAL WITH EVERGREEN FOR METHANOL FUTURE

X-PRESS FEEDERS SIGNS DEAL WITH EVERGREEN FOR METHANOL FUTURE

Container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MoA) with Singapore-based independent carrier X-Press Feeders to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to...

‘K’ LINE TO OPERATE THIRD NORTHERN LIGHTS CCS SHIP

‘K’ LINE TO OPERATE THIRD NORTHERN LIGHTS CCS SHIP

Norwegian carbon capture and storage (CCS) company Northern Lights and Kawasaki Kisen Kaisha ('K' Line) have signed bare boat charter and time charter contracts for the management of the third Northern Lights liquefied CO2 (LCO2) carrier ship. This follows the...

Protea
CR Ocean
ENERGY NETWORK FORMED TO REDUCE SHIPPING EMISSIONS

ENERGY NETWORK FORMED TO REDUCE SHIPPING EMISSIONS

Ship operators, ports and cargo owners globally are now able to call upon a new business network, NatPower and its clean Energy-as-a-Service model in order to help reach net-zero carbon emissions. NatPower is an independent clean energy enabler with a mission to cut...

YMT ACQUIRED BY ENERGY SUPPLY CHAIN SPECIALIST

YMT ACQUIRED BY ENERGY SUPPLY CHAIN SPECIALIST

Technological innovator Yara Marine Technologies (YMT) has been acquired by Geneva-based Okapi Supply Trading Advisory, and energy supply chain specialist sealing mainly in the African markets. With both companies sharing a stated commitment to advancing sustainable...

LR STUDY FINDS EFFICIENT ROUTING IS KEY TO EMISSION COMPLIANCE

LR STUDY FINDS EFFICIENT ROUTING IS KEY TO EMISSION COMPLIANCE

New research by Lloyd's Register (LR) says deploying fleets efficiently along specific routes, combined with educated fuel and technology choices will be crucial for navigating the new Fuel EU and EU ETS  regulations. The Shipping and Fit for 55 report, which offers...

GREEN CREDENTIALS WIN MAJOR CONTRACTS FOR WALLENIUS WILHELMSEN

GREEN CREDENTIALS WIN MAJOR CONTRACTS FOR WALLENIUS WILHELMSEN

Wallenius Wilhelmsen has recently signed significant contracts with a leading global construction and mining equipment manufacturer, as well as with one of the largest automotive distributors in the Americas. The multi-year shipping contract with the construction and...

RESEARCH AND INNOVATION KEY FOR WATER TRANSPORT COMPETITIVENESS

RESEARCH AND INNOVATION KEY FOR WATER TRANSPORT COMPETITIVENESS

The European Waterborne Technology Platform (WTP) has welcomed a study highlighting the crucial role of research and innovation in the transition pathway for the EU mobility industrial ecosystem. According to WTP, without waterborne transport Europe would not be able...

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