According to maritime technology and data firm OceanScore, ship managers must navigate tricky commercial terrain to mitigate their financial exposure as DOC (Document of Compliance) holder with responsibility for compliance under FuelEU Maritime. An effective...
Maritime business news
CARBON INSETTING COMPANY APPOINTS MD FOR APAC
Dutch company 123Carbon, an independent platform for carbon insetting, has announced the expansion of its management team with the appointment of James Veale as Managing Director for the Asia Pacific (APAC) region. Veale brings considerable experience in alternative...
Happy New Year from Clean Shipping International
EPS INVESTS IN SHORE POWER DEVELOPER
Singapore-based Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have jointly invested NOK 50m in Zinus, a Norwegian innovator in maritime charging and shore power solutions. This private placement secures EPS...
CAPITAL’S ENERGY TRANSITION EFFORTS REWARDED
Capital Group has been honoured with the 'Tanker Company of the Year' award at the Lloyd’s List Greek Shipping Awards 2024. in recognition of its initiatives in shaping the maritime industry's energy transition. The award was given because Capital Group was regarded...
INTERCARGO PUTS SUSTAINABILITY AND SAFETY AS TOP PRIORITIES
The International Association of Dry Cargo Shipowners (Intercargo) has marked a transformative year in its 2023-2024 Annual Review, launching major initiatives while reaching record membership levels amid growing industry challenges. Outgoing Chairman Dimitri Fafalios...
ITALIAN FERRY SERVICES GRANTED FuelEU MARITIME EXEMPTION
The European Commission has granted exemption to the FuelEU Maritime regulations, due to enter into force in January 2025, for certain ferry services serving small islands and minor ports. The exemptions, which concern vessels serving these ports and islands, are in...
ClassNK VALIDATES MOL CARBON CREDITING METHODOLOGY
Mitsui OSK Lines (MOL) has received third-party certification for its book and claim service for pure car carriers after an audit by Nippon Kaiji Kyokai (ClassNK). According to MOL, this is the first time that ClassNK has granted third-party certification of book and...
DECARBONISATION ENCOURAGED THROUGH SHIP FINANCE
New insights are revealed in the Poseidon Principles’ fifth Annual Disclosure Report, which showcases the climate alignment of 35 major financial institutions across 14 countries, representing nearly 80% of the global ship finance portfolio. The Poseidon Principles...
NEW CEO AT ROTOR SAIL COMPANY
Anemoi Marine Technologies has announced that Clare Urmston has been appointed as the company’s new CEO. After holding a number of executive and non-executive positions within the manufacturing, healthcare and fast-moving consumer goods sectors, Urmston joined Anemoi...
MARITIME CLEANTECH RECOGNISES ELECTRIC FERRY ACHIEVEMENTS
Stavanger-headquartered ferry operator Norled has been honoured as the Maritime CleanTech Partner of the Year 2024, highlighting the company's role in setting new standards for both innovation in the Norwegian maritime industry and sustainable maritime passenger...
NEW APPOINTMENT TO GROW VENTOFOIL COMPANY
Dutch wind-assisted ship propulsion technology company Econowind plans to revolutionise maritime sustainability and expand the company’s impact in the global shipping industry, and has appointed a new CCO, Chiel de Leeuw, to play a key role in advancing Econowind's...
KEY APPOINTMENT AT WAPS COMPANY
Spanish company bound4blue is seeking to further consolidate its position in maritime’s evolving Wind Assisted Propulsion Systems (WAPS) segment with the appointment of Daniel Mann as Chief Commercial Officer (CCO). Mann joins the team after four years as VP Business...