Maritime business news

DUTCH/SWISS AGREEMENT FOR DEVELOPMENT OF MARINE FUEL CELLS

DUTCH/SWISS AGREEMENT FOR DEVELOPMENT OF MARINE FUEL CELLS

NIM, a Dutch maritime engineering innovator, and EH Group, a Swiss high-tech company specialising in high-performance hydrogen fuel cell technology, are pleased to announce the signing of a Memorandum of Understanding (MoU). This partnership hopes to make a...

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X-PRESS FEEDERS SIGNS DEAL WITH EVERGREEN FOR METHANOL FUTURE

X-PRESS FEEDERS SIGNS DEAL WITH EVERGREEN FOR METHANOL FUTURE

Container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MoA) with Singapore-based independent carrier X-Press Feeders to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to...

‘K’ LINE TO OPERATE THIRD NORTHERN LIGHTS CCS SHIP

‘K’ LINE TO OPERATE THIRD NORTHERN LIGHTS CCS SHIP

Norwegian carbon capture and storage (CCS) company Northern Lights and Kawasaki Kisen Kaisha ('K' Line) have signed bare boat charter and time charter contracts for the management of the third Northern Lights liquefied CO2 (LCO2) carrier ship. This follows the...

ENERGY NETWORK FORMED TO REDUCE SHIPPING EMISSIONS

ENERGY NETWORK FORMED TO REDUCE SHIPPING EMISSIONS

Ship operators, ports and cargo owners globally are now able to call upon a new business network, NatPower and its clean Energy-as-a-Service model in order to help reach net-zero carbon emissions. NatPower is an independent clean energy enabler with a mission to cut...

YMT ACQUIRED BY ENERGY SUPPLY CHAIN SPECIALIST

YMT ACQUIRED BY ENERGY SUPPLY CHAIN SPECIALIST

Technological innovator Yara Marine Technologies (YMT) has been acquired by Geneva-based Okapi Supply Trading Advisory, and energy supply chain specialist sealing mainly in the African markets. With both companies sharing a stated commitment to advancing sustainable...

LR STUDY FINDS EFFICIENT ROUTING IS KEY TO EMISSION COMPLIANCE

LR STUDY FINDS EFFICIENT ROUTING IS KEY TO EMISSION COMPLIANCE

New research by Lloyd's Register (LR) says deploying fleets efficiently along specific routes, combined with educated fuel and technology choices will be crucial for navigating the new Fuel EU and EU ETS  regulations. The Shipping and Fit for 55 report, which offers...

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GREEN CREDENTIALS WIN MAJOR CONTRACTS FOR WALLENIUS WILHELMSEN

GREEN CREDENTIALS WIN MAJOR CONTRACTS FOR WALLENIUS WILHELMSEN

Wallenius Wilhelmsen has recently signed significant contracts with a leading global construction and mining equipment manufacturer, as well as with one of the largest automotive distributors in the Americas. The multi-year shipping contract with the construction and...

RESEARCH AND INNOVATION KEY FOR WATER TRANSPORT COMPETITIVENESS

RESEARCH AND INNOVATION KEY FOR WATER TRANSPORT COMPETITIVENESS

The European Waterborne Technology Platform (WTP) has welcomed a study highlighting the crucial role of research and innovation in the transition pathway for the EU mobility industrial ecosystem. According to WTP, without waterborne transport Europe would not be able...

ELKON AND SCHOTTEL APPOINT NEW MD IN TURKEY

ELKON AND SCHOTTEL APPOINT NEW MD IN TURKEY

Seçkin Uz has been appointed Managing Director of Schottel’s sister company elkon, in addition to his present and continuing role as Managing Director of Schottel Turkey. At elkon, Uz will be dedicated to utilising various synergies between propulsion specialist...

MARINE INSURERS DRIVE TRANSPARENCY AND DECARBONISATION

MARINE INSURERS DRIVE TRANSPARENCY AND DECARBONISATION

The Poseidon Principles for Marine Insurance, an initiative backed by the Global Maritime Forum to drive decarbonisation of international shipping through transparency, has issued its second annual disclosure report. This report arrives amidst a transformative year...

KOREAN MACHINERY MAKER SIGNS LOW-CARBON TRANSPORT CONTRACT

KOREAN MACHINERY MAKER SIGNS LOW-CARBON TRANSPORT CONTRACT

Wallenius Wilhelmsen has signed a significant multi-year shipping contract with an unnamed Asian company, described as Korea’s leading construction machinery company. The new agreement, which has a duration of three years, plus a two-year extension option, is valued...

SUSTAINABLE TRANSPORT CHOSEN FOR EV SHIPMENTS

SUSTAINABLE TRANSPORT CHOSEN FOR EV SHIPMENTS

PCTC operator Höegh Autoliners has signed a new contract with a major East Asian car producer for the transport of cars, mainly electric vehicles (EVs), from Asia to Europe, for shipments until the end of 2028. Andreas Enger, CEO Höegh Autoliners, said: “We are happy...

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