Maritime business news

UK FUNDING TO HELP ANEMOI ADVANCE ROTOR SAIL DESIGN

UK FUNDING TO HELP ANEMOI ADVANCE ROTOR SAIL DESIGN

Wind-assisted ship propulsion systems developer Anemoi Marine Technologies has won funding under the sixth round of the UK Clean Maritime Demonstration Competition. The £1.2m project will include the development of a next-generation folding sail system tailored to...

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Protea Marine Emissions Monitoring
Roodhart Marine
CARGO OWNERS UNITE TO DRIVE SHIPPING DECARBONISATION

CARGO OWNERS UNITE TO DRIVE SHIPPING DECARBONISATION

Cargo Owners for Zero Emission Vessels (coZEV), a multi-national alliance of companies involved in ocean shipping, has added more signatories to its 2040 Ambition Statement. Beiersdorf, Dupont, Electrolux, ETTLI Kaffee, Moose Toys, Ohana Beverage Company, Philips, REI...

SHIPPING FINANCIERS HOPE TO ACCELERATE EMISSIONS BENCHMARKING

SHIPPING FINANCIERS HOPE TO ACCELERATE EMISSIONS BENCHMARKING

The Poseidon Principles, established by 30 shipping banks and 17 marine insurance providers and brokers is to add additional trajectories to report climate alignment with a 1.5C future, a  new commitment which aligns with the ambition of the UN and the latest...

ROLLS-ROYCE POWER SYSTEMS APPOINTS NEW MANAGERS IN SUSTAINABILITY DRIVE

ROLLS-ROYCE POWER SYSTEMS APPOINTS NEW MANAGERS IN SUSTAINABILITY DRIVE

Dr Jörg Stratmann (pictured) has been appointed as the next CEO of Rolls-Royce Power Systems and Dr Andreas Strecker will join Power Systems as CFO. Stratmann, who holds a doctorate in industrial engineering, was most recently CEO and chairman of the executive board...

EPS SIGNS LNG BOXSHIP CHARTER DEAL WITH CROWLEY

EPS SIGNS LNG BOXSHIP CHARTER DEAL WITH CROWLEY

US shipping and logistics company Crowley has awarded Singapore-based Eastern Pacific Shipping (EPS) a contract for the charter of four newbuild containerships powered by LNG for Crowley's US-Central America trade. Using LNG significantly lowers vessel greenhouse gas...

SEASPAN CANCELS LNG-FUELLED BOXSHIP ORDER

SEASPAN CANCELS LNG-FUELLED BOXSHIP ORDER

Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp, has announced an update to its previous announcement regarding contracts for four 7,700 TEU dual-fuel liquefied natural gas containership newbuildings, subject to certain closing conditions. The order was...

MAN AND MAKITA EXTEND PARTNERSHIP FOR LOW-NOx SYSTEMS

MAN AND MAKITA EXTEND PARTNERSHIP FOR LOW-NOx SYSTEMS

MAN Energy Solutions' service brand, MAN PrimeServ, and licensee Makita Corporation of Japan have signed a three-year agreement to intensify their cooperation, with the aim of offering service to customers worldwide in SCR-HP (Selective Catalytic Reducation-High...

Jotun
Alfa Laval
FRENCH SHIPPING GROUP ESTABLISHES DECARBONISATION FUND

FRENCH SHIPPING GROUP ESTABLISHES DECARBONISATION FUND

The CMA CGM Group has announced a Special Fund for Energies, backed by a five-year, US$ 1.5bn budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The Fund will invest to support the industrial production of new fuels, as well as...

ECOCHLOR AND SINOTECH SIGN MoU FOR CARBON CAPTURE AND BWMS

ECOCHLOR AND SINOTECH SIGN MoU FOR CARBON CAPTURE AND BWMS

Ecochlor and Sinotech have announced a new agreement to advance long-term sales, marketing and technical assistance and to foster mutual maritime relationships worldwide. The Strategic Cooperation Framework Agreement, in the form of a Memorandum of Understanding...

BUNKER COMPANIES UNITE TO ADVANCE GREENER FUELS

BUNKER COMPANIES UNITE TO ADVANCE GREENER FUELS

KPI OceanConnect and Bunker Holding’s key account management unit, BOGA, are to join forces and operate under the name KPI OceanConnect in future. Anders Grønborg (pictured) will take on the position of CEO of KPI OceanConnect, replacing Søren Høll who moves to a...

NES UNDERLINES GREEN SHIFT WITH NEW MD APPOINTMENT

NES UNDERLINES GREEN SHIFT WITH NEW MD APPOINTMENT

Maritime industry supplier Norwegian Electric Systems (NES) has appointed Siv Remøy-Vangen as its new MD, as from January 2023. Remøy-Vangen joins NES from a position as CEO of Maritime Bergen, a regional industry association for companies in ocean-based industries....

PROVARIS ENERGY OPENS NORWEGIAN OFFICE

PROVARIS ENERGY OPENS NORWEGIAN OFFICE

Australian green hydrogen company Provaris Energy has established a new base near Oslo, which will form the company's European corporate office. The move is intended to capitalise on Europe’s position as a key region of focus for commercialisation activities, with...

Pureteq
Krohne
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