UK marine engineering consultancy specialising in wind propulsion BAR Technologies has signed a Memorandum of Understanding (MoU) with Mitsubishi Corporation, and Nihon Shipyard of Japan. The MoU is itended to set a framework for further collaborations between the...
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...
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...
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...
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...
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...
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...
ITT has announced that it has completed the acquisition process for the Denmark-based Svanehøj Group , a supplier of pumps and related aftermarket services for cryogenic applications in the marine sector. ITT previously announced the acquisition in November...
Zero-emissions energy specialist Corvus Energy has secured an investment from Woven Capital, Toyota’s growth fund, to accelerate the development of its growing product portfolio in battery storage and hydrogen fuel cells, and to support expansion into new geographical...
Two major operators of container ships, Denmark-based A.P. Moller-Maersk company Maersk and Hapag-Lloyd of Germany have signed an agreement for a new long-term operational collaboration to be known as 'Gemini Cooperation', scheduled to begin in February 2025. The...
According to shipowner organisation Danske Rederier, the European Parliament has adopted a so-called own-initiative report which calls on the Commission for an EU Port Strategy that acknowledges the crucial role of ports in the green transition of the maritime...
Tanker operator Euronav, which recently announced its intention to acquire fellow Belgian company CMB.Tech, has announced its new diversification and decarbonisation strategy. The acquisition follows an unsuccessful merger approach by another tanker company,...
Maritime trading software provider Sea is launching a Carbon Exposure solution that will enable customers to effectively measure and integrate their carbon exposure calculations with emissions targets. This addition to Sea’s all-in-one platform for pre-fixture...
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