French liquid gas containment specialist GTT has completed its acquisition of Danish maritime digital solutions provider Danelec. GTT says that the strategic acquisition further strengthens its position in the expanding maritime digital market and marks a key...
Norwegian company Teco 2030 and thyssenkrupp Automation Engineering of Germany have signed a Memorandum of Understanding (MoU) to supply the total PEM fuel cell production line to Teco 2030’s Innovation Centre in Narvik, Norway. Teco 2030 is well under way with the...
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 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...
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...
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....
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...
NYK Group company MTI, Japan Marine United Corporation, Mitsubishi Heavy Industries (MHI) Group company Mitsubishi Shipbuilding, Furuno Electric , Japan Radio Company, BEMAC Corporation, ClassNK, and NAPA have come together to establish the 'Maritime and Ocean Digital...
MAN Energy Solutions has signed a licence agreement with Mitsui E&S Machinery (MES-M) of Japan under which MES-M will manufacture MAN’s latest TCT axial turbocharger series. As one of the largest marine two-stroke engine builders, Mitsui has been a licencee of MAN...
Maritime remote monitoring business Reygar and carbon reduction and sustainability specialist Cedar Marine have partnered to provide an integrated service for monitoring and reducing fuel, energy use and carbon emissions, across vessels and business operations in the...
S&P Global Commodity Insights is launching daily Platts price assessments for freight emissions under the EU Emissions Trading System (ETS), to show the cost of CO2 emissions from fuel combustion to transport crude or fuel oil on an Aframax tanker via an initial...
US shipping company Matson has published its 2021 Sustainability Report that describes the company's progress toward achieving its environmental, social and governance goals. Matson chairman and CEO Matt Cox said: "In a year of extraordinary disruption and upheaval in...
Water treatment specialist Bio-UV Group has reported a 38% growth in BIO-SEA ballast water management system (BWMS) sales in the first half of the year, compared to the same period of 2021, despite a year impacted by various geopolitical factors. The company sold more...
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