German propulsion company Schottel is further expanding its international network with the opening of a new subsidiary in the UK, thus strengthening its market presence in the UK and Ireland and laying the foundation for closer collaboration with local customers....
Daphne Technology is establishing a new subsidiary in the US, the new company to be sited in Houston and headed by Jamie Brick. Methane emissions are a significant environmental concern, and with tightening US regulations, the commercial need to address this issue has...
Wärtsilä has inaugurated its new workshop and 'Land & Sea Academy' training facilities in Jakarta, Indonesia, which are intended to support and optimise the company’s energy and marine industry customers' operations and accelerate their decarbonisation journey....
Maritime clean technology company Silverstream Technologies and equipment and technical services provider Franman have signed an agency agreement to support sales of the Silverstream System within Greece. Since 1991, Franman has provided a range of services to the...
Wärtsilä plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit and restructuring its marine systems division. Gas Solutions is a prominent provider of gas processing systems but is seen as having limited synergies with...
Finnish company Team Electric has signed an agreement with Remontowa Shiprepair Yard, Gdansk to provide electric systems consultancy and installation services for three Polsteam ro-pax ferries, in support of the project marking the extension of the Polish yard’s...
Finnish provider of mechanical sails for large ships Norsepower, IINO Kaiun Kaisha (IINO Lines) and Mizuho Leasing Company have jointly and exclusively signed a co-operation agreement to launch an innovative mechanical sail leasing initiative for the Norsepower Rotor...
C-Job Naval Architects has announced that the Germany-based Meyer Group has entered into a strategic partnership with the Dutch firm, under which Meyer Group will acquire a 50% stake in C-Job in order to solidify Meyer’s focus on sustainable solutions and...
Danish company Norden is expanding the company’s senior management team from January 2024 with the newly created position of Chief Operating Officer (COO), Assets and Logistics, to support and drive the company’s growth ambitions in delivering integrated freight...
Hong Kong headquartered ship management group Wallem has recently welcomed two dual fuel vessels, 'Angleviken' and 'Askviken' into its management. Wallem believes that the two LR2 tankers, delivered by Guangzhou Shipyard International, demonstrate its commitment to...
Clean technology company Silverstream Technologies and marine engine designer MAN Energy Solutions have signed a collaboration agreement to support the decarbonisation of the global shipping industry. The agreement will explore solutions for improving vessel...
Yara Growth Ventures, the venture investment arm of Yara International, and Navigator Holdings have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions. Azane is a joint venture between ECONNECT Energy and Amon Maritime, both of...
Swiss investment advisor ProMarine, which focuses on financing the maritime energy transition, is launching an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers, led by methanol producer Proman and shipping company...
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