GRIEG GROUP INVESTS IN WAPS DEVELOPER
GT Wings, a UK-based wind propulsion company developing the AirWing Jet Sail system, has announced the close of a significant investment round led by Grieg Kapital, the investment arm of Norway’s Grieg Group. Grieg Kapital is investing alongside other investment...
MOL MOVES TO ESTABLISH BIOFUEL SUPPLIES
Mitsui OSK Lines has announced an agreement with China’s largest fuel supplier Sinopec and Marubeni Corporation, which holds the top share in the marine fuel sales market for Japanese shipowners in China, to establish a long-term supply system for marine...
WSC PROMOTES SUSTAINABLE OCEAN SHIPPING AT THE UN
The World Shipping Council (WSC) has joined political leaders and transport industry representatives at the United Nations launch of the Decade of Sustainable Transport, highlighting the essential role of ocean shipping in cutting emissions across global supply...
COCHIN TO BUILD FOUR ELECTRIC TUGS FOR SVITZER
Svitzer and Cochin Shipyard Limited (CSL), India’s largest public sector shipyard, have signed a shipbuilding agreement for four 26m electric TRAnsverse 2600E tugs to be constructed in India for Svitzer’s global fleet renewal and growth plans. The agreement confirms a...
DNV JOINS FORCES WITH MMMCZCS
Classification society DNV has joined the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping (MMMCZCS) global network as a knowledge partner. Through this collaboration DNV and MMMCZCS aim to launch and support initiatives that will drive maritime decarbonisation...
CORVUS LINKS UP WITH BYD FOR MARINE BATTERY DEVELOPMENT
Marine energy storage systems (ESS) company Corvus Energy has signed a memorandum of understanding (MoU) with BYD Energy Storage of China to establish a strategic collaboration aimed at advancing next-generation battery solutions for the maritime sector. The MoU in...
DNV LEADS NORDIC ZERO-CARBON SHIPPING ROADMAP SECOND PHASE
The Nordic countries are taking a further step towards decarbonising maritime transport with the launch of Phase 2 of the ‘Nordic Roadmap for the introduction of sustainable zero-carbon fuels in shipping: Implementation and realization 2025–2027’. Managed...
GREEN WHALE AND EVE ENERGY PARTNER IN MARINE BATTERY PROVISION
Hoping to accelerate the future of marine electrification, EVE Energy and Green Whale Technology (GWT) have signed a strategic partnership agreement to provide high-performance marine Battery Energy Storage Solutions (ESS) and service to customers worldwide. This...