Anemoi Marine Technologies and Cosco Shipping Heavy Industry (CHI) are deepening their partnership to provide comprehensive wind propulsion installation services across CHI subsidiary shipyards. Anemoi and CHI first entered into a cooperation agreement in 2022 and...
Maritime energy storage systems (ESS) supplier Corvus Energy has secured a US$ 60m growth capital injection from a group of blue-chip international investors, led by Morgan Stanley Investment Management and including Just Climate and J Lauritzen. Founded in 2009,...
Rottneros, a producer of pulp and moulded fibre from sustainable forests, is continuing its partnership with AtoB@C Shipping, part of ESL Shipping, with a new long-term contract. AtoB@C Shipping will employ one of its new plug-in hybrid vessels for the Rottneros...
German propulsion company Schottel is further expanding its international network with the opening of a new subsidiary in the UK, thus strengthening its market presence in the UK and Ireland and laying the foundation for closer collaboration with local customers....
Wärtsilä has signed a 10-year lifecycle agreement with Hong Kong based OPearl LNG Ship Management covering a total of 14 LNG carrier vessels. The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling...
The Dutch Value Group has signed a commercial representation agreement with Korean company Union Tech, appointing the company as the technical consultant and agent for Value Maritime’s solutions in South Korea. As Value Maritime’s representative in South Korea, Union...
Japanese ship operator Nippon Yusen Kabushiki Kaisha (NYK), has jointly developed an AI-based system with MTI and Grid that automates and optimises the allocation plan of car carriers, which NYK says will lead to significant reduction in GHG emissions. NYK operates...
According to the Venture Acceleration Alliance (VAA), maritime scale-ups developing low-carbon technologies are being stalled by the very corporates that claim to need them. A survey of 30 founders found no company scored above 6.5 out of 10 for collaboration,...
Japanese shipowner Nissen Kaiun has become a shareholder in Dutch wind-assisted propulsion system (WAPS) developer Econowind, a move said to highlight growing industry interest in fuel-neutral technologies. The Imabari-based shipping company, which operates a...
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...
Wah Kwong NatPower Holdings (WK NatPower) and Shandong Port Group (SPG), which claims to be the world’s largest and most advanced port group, have signed a strategic memorandum of understanding (MoU) to develop large-scale shore power and ship charging projects. The...
Ship manager Columbia Group predicts that dual-fuel ships will define the next decade of shipping, as the absence of a scalable zero-carbon alternative leaves LNG-powered vessels as the industry’s most viable solution. As we near the end of 2025, dual-fuel ships will...
The Environmental Defense Fund (EDF) and Lloyd's Register Maritime Decarbonisation Hub (Decarb Hub), a partnership between Lloyd’s Register Group and Lloyd’s Register Foundation, have published 'Navigating the Net-Zero Transition' - exploring innovative concepts to...
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