Maritime business news

FUEL DEVELOPER APPOINTS NEW CEO

FUEL DEVELOPER APPOINTS NEW CEO

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...

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CARGO SCHEDULING CAN HELP CUT EMISSIONS

CARGO SCHEDULING CAN HELP CUT EMISSIONS

Seaber.io, the Finnish maritime technology company, has announced a cooperation with Norway-based Wilson EuroCarriers, in which Seaber’s innovative technology will enable the digitalisation of Wilson’s fleet scheduling, helping to improve efficiency as well as...

SHIPOWNERS AND SUEZ CANAL AUTHORITY COMMIT TO DECARBONISATION

SHIPOWNERS AND SUEZ CANAL AUTHORITY COMMIT TO DECARBONISATION

The International Chamber of Shipping (ICS) and Egypt’s Suez Canal Authority (SCA) have renewed an agreement covering key issues impacting international shipowners and operations of the Suez Canal. The agreement was initially signed in May 2022 to increase information...

CMA CGM OFFERS FUNDS TO DECARBONISE FRENCH FISHING FLEET

CMA CGM OFFERS FUNDS TO DECARBONISE FRENCH FISHING FLEET

French container shipping group CMA CGM says that from its previously-announced grant of €200m dedicated to companies in the the French maritime sector to accelerate their decarbonisation, €20m will be dedicated to the decarbonisation of fishing vessels. The...

BSM INVESTS TO EASE TRANSITION TO EU ETS

BSM INVESTS TO EASE TRANSITION TO EU ETS

Bernhard Schulte Shipmanagement (BSM) says it is developing solutions to support customers to navigate the complexity of the upcoming EU Emissions Trading System (ETS) requirements, which will be introduced for the maritime sector from 2024. BSM CFO Sebastian von...

UK GOVERNMENT ADDS MORE FUNDS FOR GREEN SHIPPING INNOVATION

UK GOVERNMENT ADDS MORE FUNDS FOR GREEN SHIPPING INNOVATION

The UK government's support for decarbonising the maritime sector has been given another boost, with £60 million in funding distributed to innovative companies nationwide developing futuristic green technology. For the first time, the government is funding the...

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WÄRTSILÄ RESTRUCTURES MARINE BUSINESSES TO HELP DECARBONISE

WÄRTSILÄ RESTRUCTURES MARINE BUSINESSES TO HELP DECARBONISE

Wärtsilä has unveiled plans  to further focus on end-to-end voyage optimisation and to move part of Voyage business activities to the Business portfolio. Following the previous announcement, Wärtsilä integrated the Voyage business into Wärtsilä Marine Power at...

NEW SVITZER APPOINTMENT TARGETS SUSTAINABILITY

NEW SVITZER APPOINTMENT TARGETS SUSTAINABILITY

Towage provider Svitzer, part of the AP Moller-Maersk group, has appointed the current Svitzer Australia CCO Ivan Spanjic as Global Head of Green Ports, a role that is said to be central to helping Svitzer’s customers better adjust their assets and operations to...

UK GOVERNMENT INVESTS IN CLEAN MARITIME

UK GOVERNMENT INVESTS IN CLEAN MARITIME

The UK Government has announced that zero-emission ferries, cruise and cargo ships will set sail in UK waters within two years, creating thousands of new jobs, following a £77m government investment in clean maritime technology. This is the first time in UK history...

FINLAND INVESTS IN NORSEPOWER ROTOR SAILS

FINLAND INVESTS IN NORSEPOWER ROTOR SAILS

The Finnish Climate Fund, a state-owned special-assignment company focusing on combating climate change, has granted on a capital loan of up to  €10m to rotor sail manufacturer Norsepower in order to help increase its production capacity. Norsepower's products...

J-ENG RENEWS LICENSE AGREEMENT WITH CSSC

J-ENG RENEWS LICENSE AGREEMENT WITH CSSC

Japan Engine Corporation (J-Eng) has renewed the License Contract for UE engines with its Chinese Licensee, China State Shipbuilding Corporation Diesel Engine C (CSE). CSE, as a subsidiary of China State Shipbuilding Corporation Limited, is China’s largest state-owned...

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