Amogy, a US provider of ammonia-to-power solutions, has raised US$ 56m in venture financing, bringing the total raised since inception to more than US$ 270m. The latest round was co-led by existing investor Aramco Ventures and new investor SV Investment. Additional...
Amogy, which specialises in emission-free, energy-dense ammonia power solutions, has completed its Technology Verification phase with Lloyd’s Register (LR), a provider of classification and compliance services to the marine and offshore industries. The verification...
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What is believed to be the first ship with a full-scale carbon capture facility is ready for pilot testing, with the expectation for the technology to offer a milestone for the merchant fleet en route to zero emissions. The ship Clipper Eris, owned by Norwegian...
Danish shipping company Norden is to add two new 17,500 dwt multi-purpose (MPP) vessel leases with purchase options, expected to be delivered by the end of 2026, with an option for an additional two vessels for delivery in 2027. Since entering the project cargo...
Kongsberg Maritime has secured a contract from Cosco Shipping Heavy Industry to supply a package of mission-critical technology for its latest wind turbine installation vessel (WTIV), which is currently under construction for Cadeler, a shipping and construction...
Kongsberg Maritime has launched a new rim-drive azimuth thruster, the RD-AZ-2300, designed to fill a perceived gap in the market and offer a powerful and efficient propulsor for a wider variety of vessels. The RD-AZ-2300, with a propeller diameter of 2300mm, sits...
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French shipyard Chantiers de l’Atlantique and hotel group Accor have signed a letter of intent for the construction of two large sailing cruise vessels. The order for the construction is expected to be confirmed within the next few weeks. The first ship, to be named...
Samsung Heavy Industries (SHI) of South Korea says that it has received approval in principle (AiP) from ABS for the concept design of its 'CMSR Power Barge', a floating offshore nuclear power plant. CMSR Power Barge is a new concept power generation facility that...
Norwegian company Brødrene Aa has delivered the high speed electric passenger vessel 'Bre' which will operate in two important roles for Norled and Brim Explorer in the Bodø region. The new hybrid-electric carbon fibre vessel will be used both as a sightseeing boat...
NYK Group company NYK Bulk & Projects Carriers has concluded a basic agreement with Kambara Kisen for the time charter of a newbuild methanol dual-fuel bulk carrier. The 200m-long vessel is currently under construction at Tsuneishi Shipbuilding and is scheduled...
DNV has awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing) for its 11,000-CEU capacity pure car and truck carrier (PCTC) design. Considered the world's largest yet PCTC, the 234m long and 40m wide ship will have 14 decks...
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Taiwanese shipbuilder CSBC for its 2,500 TEU feeder design with methanol propulsion, as part of a joint development project. This joint project signifies a major advancement in the Taiwanese shipbuilding...
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Kongsberg Maritime has formed a strategic collaboration alliance with Turkish company BMA Technology, based east of Istanbul, a technology company providing electrical system solutions for the marine industry. The partnership will support the supply of low voltage...
Maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AiP) with China Classification Society (CCS), a member of the International Association of Classification Societies (IACS), and the primary class society in China that...
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