Maritime business news

SHIPPING ENERGY TRANSITION AT RISK DUE TO LARGE FUNDING GAP

SHIPPING ENERGY TRANSITION AT RISK DUE TO LARGE FUNDING GAP

The Environmental Defense Fund (EDF) and Lloyd's Register Maritime Decarbonisation Hub (Decarb Hub), a partnership between Lloyd’s Register Group and Lloyd’s Register Foundation, have published 'Navigating the Net-Zero Transition' - exploring innovative concepts to...

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Protea Marine Emissions Monitoring
Roodhart Marine
HAPAG-LLOYD ENCOURAGES USE OF BIOFUEL THROUGH CUSTOMER INCENTIVES

HAPAG-LLOYD ENCOURAGES USE OF BIOFUEL THROUGH CUSTOMER INCENTIVES

Hapag-Lloyd is introducing a new solution for climate-friendly transportation based on biofuel, to be known as 'Ship Green'. The solution is accessible from anywhere at any time and requires no long-term commitment from customers. In the first rollout stage, customers...

WÄRTSILÄ COLLABORATES IN ACCELERATING SINGAPORE’S DECARBONISATION

WÄRTSILÄ COLLABORATES IN ACCELERATING SINGAPORE’S DECARBONISATION

Wärtsilä and the Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) aimed at collaborating in mutually beneficial areas to enable the introduction of next generation renewable fuels, optimise digital port operations, and...

SURVEY LOOKS TO A MULTI-FUEL FUTURE FOR SHIPPING

SURVEY LOOKS TO A MULTI-FUEL FUTURE FOR SHIPPING

The Global Maritime Forum, the Global Centre for Maritime Decarbonisation, and the Mærsk Mc Kinney Møller Center for Zero Carbon Shipping have conducted a survey of major shipping  companies, with analytical support by McKinsey & Company. The survey was...

WÄRTSILÄ SIMULATOR FOR SWEDEN ADDS SHORE POWER AND LNG BUNKER TRAINING

WÄRTSILÄ SIMULATOR FOR SWEDEN ADDS SHORE POWER AND LNG BUNKER TRAINING

Wärtsilä is to supply a new maritime educational centre on the island of Donsö in Sweden with a simulation training lab equipped with what is said to be the most sophisticated technology available, for Swedish shipping company Furetank. The training lab will allowing...

SVANEHØJ EXPANDS LNG SERVICES IN US

SVANEHØJ EXPANDS LNG SERVICES IN US

With its third company acquisition in just over two years, marine pump specialist Svanehøj continues to expand its service solution business, this time by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps...

HMM HALVES CARBON EMISSIONS IN DECADE

HMM HALVES CARBON EMISSIONS IN DECADE

South Korean shipping company HMM has accelerated its efforts to become an eco-friendly shipping company, reducing carbon emissions to less than half of 2010 levels. According to HMM, the CO2 emissions generated when transporting 1TEU of container for 1km decreased...

Jotun
Alfa Laval
VARD ELECTRO SIGNS AGREEMENT WITH THE SWITCH

VARD ELECTRO SIGNS AGREEMENT WITH THE SWITCH

Marine electrical systems provider Vard Electro has signed an agreement, said to be worth several millions of euros, with Yaskawa Environmental Energy/The Switch to supply full DC distribution systems along with its protection devices. As part of the agreement, Vard...

NORSEPOWER SECURES MORE FUNDING FOR ROTOR SAILS

NORSEPOWER SECURES MORE FUNDING FOR ROTOR SAILS

Norsepower, a Finnish provider of mechanical sails for large ships, has successfully secured €28m in its latest Series C fundraising round, with French asset manager Mirova, an affiliate of Natixis Investment Management dedicated to sustainable investment, leading the...

ALFA LAVAL ADDS HULL LUBRICATION TO ENERGY-SAVING PORTFOLIO

ALFA LAVAL ADDS HULL LUBRICATION TO ENERGY-SAVING PORTFOLIO

Alfa Laval has completed the acquisition of Marine Performance Systems (MPS), a Rotterdam-based maritime technology company that has developed a novel fluidic air lubrication system. The move will enable Alfa Laval to bring this environment-friendly technology to...

GTT COMBINES TWO SUBSIDIARIES TO CREATE NEW SUSTAINABILITY BRAND

GTT COMBINES TWO SUBSIDIARIES TO CREATE NEW SUSTAINABILITY BRAND

The French GTT group is to create a new brand, Ascenz Marorka, which results from the collaboration of two GTT subsidiaries in the digitalisation of the maritime industry: Ascenz, a Singaporean company with an extensive experience in Electronic Fuel Management, and...

DIVESTED MAERSK SUPPLY SERVICE TO CONTINUE GREEN TRANSITION

DIVESTED MAERSK SUPPLY SERVICE TO CONTINUE GREEN TRANSITION

A.P. Moller Maersk (Maersk) has reached an agreement with group parent company A.P. Moller Holding for its intended divestment of Maersk Supply Service (MSS), a provider of global offshore marine services and project solutions for the energy sector, with 1600...

ONBOARD CARBON CAPTURE COMPANY EXPANDS TO ASIA PACIFIC REGION

ONBOARD CARBON CAPTURE COMPANY EXPANDS TO ASIA PACIFIC REGION

Rotterdam-based Value Maritime (VM) has recently opened an office in Singapore to be closer to clients and grow our operations in the important and expanding Asia Pacific shipping market. The new office is based in the Singapore Central Business District (CBD). Milou...

Pureteq
Krohne
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