Maritime business news

EUROPEAN MARITIME NEEDS TO BE INCLUDED IN EC STRATEGIES

EUROPEAN MARITIME NEEDS TO BE INCLUDED IN EC STRATEGIES

European Shipowners (ECSA) and Sea Europe have issued a joint statement calling on the European Commission (EC) to include the maritime sector in the European Industrial Maritime Strategy as well as in the Sustainable Transport Investment Plan (STIP). The two...

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MOL LAUNCHES NET-ZERO STAKEHOLDER INITIATIVE

MOL LAUNCHES NET-ZERO STAKEHOLDER INITIATIVE

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 SIGNS CHARTER DEAL FOR AMMONIA-FUELLED GAS TANKER

YARA SIGNS CHARTER DEAL FOR AMMONIA-FUELLED GAS TANKER

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...

FRANCE-CHINA GAS SHIPPING AGREEMENT

FRANCE-CHINA GAS SHIPPING AGREEMENT

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....

BAR TECHNOLOGIES MARKS GROWTH IN 2024

BAR TECHNOLOGIES MARKS GROWTH IN 2024

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 ADDS NRG ULTRASONIC ANTI-FOULING TO ITS PORTFOLIO

ALFA LAVAL ADDS NRG ULTRASONIC ANTI-FOULING TO ITS PORTFOLIO

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...

ALTERNATIVE FUELS PROVE GOOD NEWS FOR WARTSILA’S BANK BALANCE

ALTERNATIVE FUELS PROVE GOOD NEWS FOR WARTSILA’S BANK BALANCE

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...

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AHTI AND CARBONEX PARTNERSHIP PROMOTES FuelEU MARITIME POOLING

AHTI AND CARBONEX PARTNERSHIP PROMOTES FuelEU MARITIME POOLING

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...

MARITIME SKILLS FORUM LAUNCHED FOR EUROPEAN SHIPPING

MARITIME SKILLS FORUM LAUNCHED FOR EUROPEAN SHIPPING

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 PREPARES FOR AirWing INSTALLATION

CARISBROOKE PREPARES FOR AirWing INSTALLATION

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...

NO ONE-SIZE-FITS-ALL SOLUTION FOR FuelEU MARITIME – OCEANSCORE

NO ONE-SIZE-FITS-ALL SOLUTION FOR FuelEU MARITIME – OCEANSCORE

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...

CARBON INSETTING COMPANY APPOINTS MD FOR APAC

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...

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