Following the launch of the new 20m and 24m WindWings, BAR Technologies and CM Energy Tech Co (CMET) have entered into an collaboration agreement to begin production of these models, responding to the surge in market demand from shipowners and operators of...
A collaboration agreement has been signed between classification society ClassNK and maritime data and technology company OceanScore to link the latter’s integrated solution for ClassNK ZETA (Zero Emissions Transition Accelerator) that enables users and related...
Mitsui OSK Lines (MOL) has invested in US company 13 Mari, a developer of ripple-shaped 'Flowsmart' elements that are retrofitted to ships' hulls, with the goal of developing and providing new solutions for GHG emission reduction. The ripple-shaped Flowsmart element...
Wind assisted propulsion system (WAPS) company Econowind, based in Zeewolde, the Netherlands, has secured €1m in development capital from Invest International to advance and test its VentoFoil XL, a 24m-30m high steel wind sail inspired by aviation technology. Similar...
Aiming to achieve net zero emissions, Mitsui OSK Lines (MOL) has announced the launch of a new programme, ‘Blue Action Net-Zero Alliance’. This programme is intended to contribute to reducing the Scope 3 GHG emissions of actual shippers and NVOCCs (non vessel...
Yara Clean Ammonia Switzerland has signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fuelled medium gas carrier due to be delivered in November 2026. Since 2021, Yara Clean Ammonia and NYK have jointly studied the practical...
GTT, Cosco Shipping LNG Investment Shanghai (CSLNG) and Cosco Shipping Heavy Industry (CHI), have signed a strategic cooperation agreement. This is the first agreement with CSLNG, which specialises in LNG transportation project investment, shipbuilding and management....
UK company BAR Technologies has been involved in expansion plans reinforcing its commitment to delivering innovative solutions for a more sustainable future. The expansion follows what the company describes as a dramatic increase in enquiries in 2024, reflecting a...
Alfa Laval has signed an agreement to acquire UK company NRG Marine, a provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications. The move is considered to align with Alfa Laval’s strategy to provide its customers with...
Wartsila's latest financial figures reveal that across the whole company order intake increased by 34% and operating result increased by 80% to €229m. In marine, Wärtsilä expects the demand environment for the next 12 months to be better still than that of the...
Decarbonisation companies Ahti Climate and Carbonex are forming a strategic partnership to advance the promotion and commercialisation of FuelEU Maritime (FEM) pool management. By leveraging Ahti Climate’s pooling expertise, Carbonex will offer Fuel EU Maritime Pool...
A new initiative aims to identify the skills gap emerging from the digital and green transition and discuss the shortage of maritime professionals in Europe and limited mobility between land and on-board positions. The European Maritime Skills Forum has been launched...
Carisbrooke Shipping has welcomed the UK government’s latest £30m investment in maritime decarbonisation, reinforcing the industry’s shift towards cleaner, more sustainable operations. As part of the Clean Maritime Demonstration Competition (CMDC6), the funding is...
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