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...
Silverstream Technologies has signed a memorandum of understanding (MoU) with HD Hyundai Marine Solution, part of HD Hyundai Heavy Industry (HD HHI) Group of South Korea. HD Hyundai started as a shipbuilder in 1972 and has grown into a comprehensive heavy industry...
UK-headquartered service and repair company CTS Offshore and Marine and Dutch maritime service provider Varuna Marine Services (VMS) have formed a strategic partnership to offer vessel owners and operators an informed pathway for carbon emission management. By...
Ship operating and management company Union Maritime is investing in BAR Technologies in a move to deploy wind propulsion technology across its fleet. As well as a previously-announced contract to fit BAR's WindWings to two newbuild tankers, the company is working...
French Wind Assisted Ship Propulsion (WASP) system company Ayro has introduced an expanded wingsail portfolio designed to adapt to the cargo needs of ships of most types or size, despite vastly different requirements, while at the same time it has rebranded as...
Armada Technologies has announced the successful close of its seed funding round, raising a total of US$ 3.2m, which includes contributions from both strategic partners and traditional financial investors to advance eco-friendly maritime solutions to support...
Norsepower CEO Tuomas Riski is handing over his position onto Heikki Pöntynen, formerly a member of Norsepower’s board, and who has held several maritime management positions in Finland, China, Hong Kong, and the USA. Pöntynen has considerable experience in maritime...
NorthStandard announces the departure of James Bean, a senior executive team member, following his decision to accept a role as Chief Executive Officer of The London P&I Club. NorthStandard will not be replacing him as one of two chiefs of geographical sectors....
New research from Finnish emissions compliance expert Ahti Climate reveals the scale of FuelEU Maritime optimisation available through pooling and the use of appropriate low-carbon fuels. Using tools it has developed to manage Ahti Pool, the first FuelEU Maritime...
Wind-assisted propulsion technology company Anemoi Marine Technologies has announced the appointment of Claes Horndahl as the new Commercial Director. With a career spanning more than 20 years supporting gas carriers and tankers, Horndahl brings experience in maritime...
French shipping company CMA CGM, alongside finance organisation Bpifrance, has announced a significant investment in an endowment aiming to bring together the main players in the marine sector in France to manage the decarbonisation of the French maritime sector. The...
The International Bunker Industry Association (IBIA) and shipowner organisation BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the challenges and opportunities within the areas of bunkering, marine energy and maritime sectors to help...
Nigerian company Gelose Marine Services has joined Thordon Bearings’ network of authorised distributors to further the 'greening' of Nigeria’s fleet of domestic and international vessels with sustainable bearing solutions. Gelose's portfolio ranges from maritime...
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