Maritime business news

PARTNERSHIP OFFERS FuelEU MARITIME SOLUTION

PARTNERSHIP OFFERS FuelEU MARITIME SOLUTION

Zero44, a startup company for carbon regulation management for merchant ships, and Hecla Emissions Management, provider of regulatory support services, are partnering to bring shipowners, managers, and charterers a fully integrated pathway to manage FuelEU pooling....

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Protea Marine Emissions Monitoring
ENGINE COMPONENTS PARTNERSHIP HELPS WARTSILA’S GREEN GOALS

ENGINE COMPONENTS PARTNERSHIP HELPS WARTSILA’S GREEN GOALS

Wärtsilä is strengthening its supply chain through a strategic partnership with Siempelkamp Giesserei, a key supplier of large cast components for Wärtsilä engines. The partnership is intended to give Wärtsilä reliable access to high-quality large cast components in a...

NEW APPOINTMENT AT SGMF

NEW APPOINTMENT AT SGMF

Low- and zero-carbon marine fuels organisation SGMF has appointed Dr Joseph Lambert as senior technical advisor. Lambert is a maritime energy and cleantech specialist with experience across government, academia, and consultancy. At the UK’s Department for Energy...

NYK AND BHP PARTNER TO DECARBONISE DRY BULK INDUSTRY

NYK AND BHP PARTNER TO DECARBONISE DRY BULK INDUSTRY

Nippon Yusen Kabushiki Kaisha (NYK Line) has signed an agreement with Australian resources company BHP Group to renew a memorandum of understanding (MoU) initially concluded in June 2022, reinforcing both companies’ commitment to support decarbonisation and improve...

GCMD INITIATES FUNDING FOR ENERGY SAVING TECHNOLOGIES

GCMD INITIATES FUNDING FOR ENERGY SAVING TECHNOLOGIES

The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments and partners have announced the successful closing of the Fund for Energy Efficiency Technologies (FEET), securing total commitments of up to US$ 35m, exceeding its initial target. As the...

BALTIC EXCHANGE ADDS NEW CALCULATOR WHICH INCLUDES EMISSIONS DATA 

BALTIC EXCHANGE ADDS NEW CALCULATOR WHICH INCLUDES EMISSIONS DATA 

The Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodology, which has...

GOLTENS AND WE TECH JOIN FORCES FOR ADVANCED ENERGY OPTIMISATION

GOLTENS AND WE TECH JOIN FORCES FOR ADVANCED ENERGY OPTIMISATION

Goltens Worldwide and WE Tech Solutions of Finland have signed a Memorandum of Understanding (MoU) to jointly promote, sell, and deliver advanced marine retrofit projects aimed at improving vessel energy efficiency and reducing emissions. Under the agreement, Goltens...

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Pureteq
INTERCARGO AND IBIA COLLABORATE ON DECARBONISATION AND MARINE FUEL

INTERCARGO AND IBIA COLLABORATE ON DECARBONISATION AND MARINE FUEL

The International Association of Dry Cargo Shipowners (Intercargo) and the International Bunker Industry Association (IBIA) have entered into a reciprocal membership agreement to reinforce collaboration between the dry bulk shipping and marine fuels communities. This...

STENA LINE STRENGTHENS ITS GREEN BALTIC FERRY OPERATIONS

STENA LINE STRENGTHENS ITS GREEN BALTIC FERRY OPERATIONS

Stena Line is strengthening its position in the Baltic Sea by acquiring Wasaline and taking over operations of the ferry route between Umeå in Sweden and Vaasa in Finland. Niclas Mårtensson, CEO Stena Line, said: “It is with great joy and enthusiasm that we at Stena...

SCRUBBER AND OCCS COMPANY APPOINTS AGENT IN CYPRUS

SCRUBBER AND OCCS COMPANY APPOINTS AGENT IN CYPRUS

Value Maritime is pleased to appoint MIE Group as its new commercial agent in Cyprus, reinforcing its commitment to expanding across the Mediterranean region. This marks Value Maritime’s fourth commercial agency agreement in 2025, underscoring its strategic focus on...

EU INLAND SHIPPING FACES INSURANCE COVERAGE GAP

EU INLAND SHIPPING FACES INSURANCE COVERAGE GAP

Maritime risk and insurance solutions specialist FDR has warned that inland shipping operators face vast financial exposure due to outdated insurance policies that fail to reflect new European Union (EU) climate regulations. Without swift reform, vessel owners risk...

MetaSHIP ACQUISITION EXTENDS ABS TRAINING FOR FUTURE SHIP OPERATION

MetaSHIP ACQUISITION EXTENDS ABS TRAINING FOR FUTURE SHIP OPERATION

In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related vessel simulator software assets from Orka Informatics as part of the strategic...

ESL BECOMES FIRST GENERAL CARGO SHIPPING COMPANY WITH SBTi ENDORSEMENT

ESL BECOMES FIRST GENERAL CARGO SHIPPING COMPANY WITH SBTi ENDORSEMENT

The Science Based Targets initiative (SBTi) has approved Baltic shipping company ESL Shipping’s near and long-term emission reduction targets as the first company in the general cargo segment. Approval means that the targets, which include ESL's subsidiary AtoB@C...

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