The sixth round of the UK Government's Clean Maritime Demonstration Competition (CMDC) will benefit various companies though £30m funding to support the development of clean maritime fuels and technologies such as ammonia, hydrogen, methanol, solar and electric....
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...
The Board of Directors of ABB has decided to spin off the company's Accelleron (formerly ABB Turbocharging) turbocharging division, allowing ABB to focus on its core electrification and automation business, while Accelleron will concentrate on heavy-duty...
DNV and Malaysia-based energy company Petroliam Nasional Berhad (Petronas) have signed a Memorandum of Understanding (MoU) to address the technical, regulatory and business challenges of carbon capture utilisation and storage (CCUS) deployment. The companies plan to...
GTT Group green hydrogen company Elogen's 'gigafactory' and R&D strengthening project has been selected by the European Commission as part of the Hydrogen IPCEI (Important Project of Common European Interest). Elogen's project is one of 41 selected by the...
Maritime energy storage system (ESS) manufacturer Corvus Energy is to join forces with Finland-based power electronics specialist Yaskawa Environmental Energy, also known as The Switch, to develop smart Battery Short-Circuit Limiter (BSCL) protection for large-scale...
Wärtsilä plans to ramp down manufacturing in Trieste, Italy and to centralise its four-stroke engine manufacturing in Europe to Vaasa, Finland. Ending the manufacturing in Trieste is expected to impact approximately 450 employees with potential redundancy. The...
The maritime industry in the Northern Netherlands is pooling knowledge and capabilities to take on the technological challenges and become a global player in 'green', clean shipping and digital shipbuilding. A consortium of 21 technology developers, shipping...
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