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...
Japanese shipowner Nissen Kaiun has become a shareholder in Dutch wind-assisted propulsion system (WAPS) developer Econowind, a move said to highlight growing industry interest in fuel-neutral technologies. The Imabari-based shipping company, which operates a...
Quadrise (QED), a low emissions fuels and biofuel developer, has announced the appointment of Peter Borup as Ceo, effective from 1 October 2025. The new appointment has been made to drive commercialisation in the next stage of QED’s growth. Quadrise is the supplier of...
Wah Kwong NatPower Holdings (WK NatPower) and Shandong Port Group (SPG), which claims to be the world’s largest and most advanced port group, have signed a strategic memorandum of understanding (MoU) to develop large-scale shore power and ship charging projects. The...
Ship manager Columbia Group predicts that dual-fuel ships will define the next decade of shipping, as the absence of a scalable zero-carbon alternative leaves LNG-powered vessels as the industry’s most viable solution. As we near the end of 2025, dual-fuel ships will...
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...
E-procurement platform provider Procureship has partnered with Copenhagen-based climate data specialist ReFlow to launch a new Scope 3 emissions solution to enable ship owners, operators, and managers to prepare for new climate-related reporting requirements by...
Everllence has held a ground breaking ceremony in Roskilde, Denmark to mark the commencement of the building phase of its new Danish headquarters. Known as ‘The Valley’, the development is a joint venture between Everllence and Volkswagen Immobilien, the VW Group’s...
Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become a partner in the growing cross-sector push to better understand and address methane from LNG-fuelled ships. LNG, primarily...
The UK Chamber of Shipping (UKCS) has commented on the latest statement from the US Administration on the IMO Net Zero Framework and what it might mean for upcoming IMO discussions. In a joint statement by US Secretary of State Marco Rubio, Secretary of Commerce...
Smart Freight Centre (SFC) and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) are pleased to announce that SFC is joining MMMCZCS’s global network as a knowledge partner. This collaboration is said to mark a significant step forward in advancing...
Lloyd’s Register (LR) Advisory has expanded its ports team and invested in expertise and leadership to launch LR Ports Advisory – a new centre to support ports as they address the many interconnected challenges faced today. Sustainability, geopolitics, security, and...
UK-based supply chain risk management solution specialist Achilles has signed an agreement to bring Swire Shipping into the Achilles Maritime Network. This latest addition to the collaborative industry initiative brings the total number of vessels in the programme to...
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