Maritime business news

MAERSK INVESTS IN SWEDISH BATTERY COMPANY

MAERSK INVESTS IN SWEDISH BATTERY COMPANY

Swedish sodium-ion battery developer Altris has successfully raised SEK 150m in a Series B1 funding round, introducing new investors such as Clarios and Maersk Growth. The financing will be used to finalise Altris’ pilot production facility, and thereby enable...

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DANISH SHIPPING ASKS FOR AMBITION IN FuelEU REGULATIONS

DANISH SHIPPING ASKS FOR AMBITION IN FuelEU REGULATIONS

Danish Shipping is among the signatories representing the entire value chain of green fuels, who have called on politicians to aim for a proactive and ambitious regulation in the present FuelEU Maritime trialogue. According to Danish Shipping, more than 40...

ECOINVENT SIGNS PARTNERSHIP WITH MAERSK ZERO CARBON CENTER

ECOINVENT SIGNS PARTNERSHIP WITH MAERSK ZERO CARBON CENTER

Switzerland-based research association ecoinvent and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have formalised their collaboration by signing a Knowledge Partnership Agreement, under which ecoinvent and the Center become official partners, committing to a...

CIMAC CONGRESS TO FOCUS ON ALTERNATIVE FUELS

CIMAC CONGRESS TO FOCUS ON ALTERNATIVE FUELS

From June 12 to 16, 2023, Busan in South Korea will host the 30th International Council on Combustion Engines (CIMAC) World Congress. The preliminary program has now been published. It is divided into the various sections: Digitalisation and Connectivity, System...

SOUTHAMPTON PORT ANNOUNCES 55% REDUCTION IN CO2 EMISSIONS

SOUTHAMPTON PORT ANNOUNCES 55% REDUCTION IN CO2 EMISSIONS

DP World’s container terminal at Southampton, UK, enjoyed its greenest year yet in 2022 after delivering a 55% reduction in net carbon emissions from its fleet and installations. DP World runs two deep water ports at Southampton and London Gateway with access to...

UK CHARITY EXPANDS ITS SUPPORT FOR FUTURE DECARBONISATION LEADERSHIP

UK CHARITY EXPANDS ITS SUPPORT FOR FUTURE DECARBONISATION LEADERSHIP

The Marine Technology Trust has appointed new trustees as the charity looks to scale its support and work with students in the fields of naval architecture, marine engineering, boat building and offshore renewables. The Trust currently funds internships for 10...

NORSEPOWER OUTLINES ITS WAY FORWARD FOR DECARBONISING SHIPPING

NORSEPOWER OUTLINES ITS WAY FORWARD FOR DECARBONISING SHIPPING

Norsepower CEO Tuomas Riski has shared the company's perspective on key take-aways from a recent Sustainable Finance, Shipping and Technology event, hosted by Seatrade Hong Kong  when representatives from various companies including BNP Paribas and DNV discussed...

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DNV JOINS BALTIC BULKER CHARTERERS IN DECARBONISATION INITIATIVE

DNV JOINS BALTIC BULKER CHARTERERS IN DECARBONISATION INITIATIVE

DNV and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers, have launched a feasibility study to develop a commercial framework for orders of green-fuelled newbuilds to decarbonise the sea transport supply chain in the Baltic and...

CHINESE SHIPOWNERS LOOK TO DECARBONISE THROUGH ICS

CHINESE SHIPOWNERS LOOK TO DECARBONISE THROUGH ICS

The International Chamber of Shipping (ICS) has welcomed the China Shipowners’ Association (CSA) as a Full Member of ICS. The CSA will join the ICS Board, which oversees the policy positions ICS presents on behalf of shipowners worldwide  with the industry’s...

‘BOOK & CLAIM’ SHIPPING DECARBONISATION PROJECT LAUNCHED

‘BOOK & CLAIM’ SHIPPING DECARBONISATION PROJECT LAUNCHED

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping along with Rocky Mountain Institute, Danish Shipping, and Maersk Oil Trading have initiated a project designing a maritime specific Book & Claim. Shipping companies want to decarbonise but cannot always...

ZERO-EMISSION SHIP PROJECT RECEIVES GOVERNMENT BACKING

ZERO-EMISSION SHIP PROJECT RECEIVES GOVERNMENT BACKING

The Hurtigruten-led Sea Zero project  is to receive funding worth NOK 67m from The Green Platform Initiative to develop zero-emission coastal express vessels. ‍The Green Platform Initiative provides funding for enterprises and research institutes engaged in green...

TRANSPARENT SHIP FINANCE REVEALS EMISSIONS DATA

TRANSPARENT SHIP FINANCE REVEALS EMISSIONS DATA

More than two dozen international banks have reported emissions data of their ship finance portfolios in the third Poseidon Principles Annual Disclosure Report 2022. The report visualises the hard road ahead to reduce emissions. The data remains influenced by...

NEW MAERSK CEO WILL CONTINUE DECARBONISATION FOCUS

NEW MAERSK CEO WILL CONTINUE DECARBONISATION FOCUS

A.P. Møller-Mærsk (Maersk) has announced that Vincent Clerc, currently CEO of the company’s Ocean and Logistic business, will succeed Soren Skou as CEO of Maersk effective 1 January 2023. Skou led the company's transformation from a diversified conglomerate to an...

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