CORVUS ENERGY SECURES FUNDING FOR EXPANSION
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,...
LOW-CARBON FERRY LAUNCHED IN JAPAN
Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, recently held a christening and launch ceremony for the second of two large car ferries ordered by Shinnihonkai Ferry Co and Japan Railway Construction, Transport and Technology Agency (JRTT)....
FIRST TCT TURBOCHARGER PRODUCED IN JAPAN BY MITSUI
Everllence has marked the first TCT turbocharger to be produced under license in Japan, a TCT40 unit built by the Mitsui E&S Tamano factory. Everllence launched the TCT turbocharger series in 2019, starting with the TCT40, and subsequently followed by the TCT30,...
EMISSIONLINK WARNS AGAINST ‘BARGAIN HUNT’ APPROACH TO FUELEU POOLING
With the EU ETS reporting deadline passed and FuelEU Maritime enforcement fast approaching, EmissionLink MD Philippos Ioulianou, has cautioned shipowners against treating compliance pooling as a cost-cutting exercise, warning that a cheap pool that hides risk is worse...
SHIPPING INDUSTRY BACKS ADOPTION OF IMO NET ZERO FRAMEWORK AT MEPC
International maritime associations and organisations have reiterated their strong support for adoption by global governments at the IMO of the ‘Net-Zero Framework’ at the upcoming critical extraordinary session of the IMO Marine Environment Protection...
UECC SAVES GHG EMISIONS WITH BIOFUEL
United European Car Carriers (UECC) has gained official certification for Scope 3 emissions savings of 2379t CO2e in 2024 on vehicle shipments with Ford of Europe through bunkering of biofuels on vessels operating in its European trading network. UECC CEO Glenn...
MoU SIGNED REGARDING AMMONIA BUNKERING IN AUSTRALIA
NH3 Clean Energy (NH3) and Oceania Marine Energy (Oceania) have signed a memorandum of understanding with Mitsui OSK Lines (MOL) regarding the development of clean ammonia bunkering operations in the Pilbara region of Western Australia. The MoU aims to promote...
GCMD AND IAPH PARTNER IN PORT DECARBONISATION DRIVE
The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Ports and Harbours (IAPH) have signed a two-year coalition partnership agreement aimed at accelerating decarbonisation of the maritime sector. The partnership brings together...