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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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...

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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EPS INVESTS IN SHORE POWER DEVELOPER

EPS INVESTS IN SHORE POWER DEVELOPER

Singapore-based Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have jointly invested NOK 50m in Zinus, a Norwegian innovator in maritime charging and shore power solutions. This private placement secures EPS...

CAPITAL’S ENERGY TRANSITION EFFORTS REWARDED

CAPITAL’S ENERGY TRANSITION EFFORTS REWARDED

Capital Group has been honoured with the 'Tanker Company of the Year' award at the Lloyd’s List Greek Shipping Awards 2024. in recognition of its initiatives in shaping the maritime industry's energy transition. The award was given because Capital Group was regarded...

INTERCARGO PUTS SUSTAINABILITY AND SAFETY AS TOP PRIORITIES

INTERCARGO PUTS SUSTAINABILITY AND SAFETY AS TOP PRIORITIES

The International Association of Dry Cargo Shipowners (Intercargo) has marked a transformative year in its 2023-2024 Annual Review, launching major initiatives while reaching record membership levels amid growing industry challenges. Outgoing Chairman Dimitri Fafalios...

ITALIAN FERRY SERVICES GRANTED FuelEU MARITIME EXEMPTION

ITALIAN FERRY SERVICES GRANTED FuelEU MARITIME EXEMPTION

The European Commission has granted exemption to the FuelEU Maritime regulations, due to enter into force in January 2025, for certain ferry services serving small islands and minor ports. The exemptions, which concern vessels serving these ports and islands, are in...

ClassNK VALIDATES MOL CARBON CREDITING METHODOLOGY

ClassNK VALIDATES MOL CARBON CREDITING METHODOLOGY

Mitsui OSK Lines (MOL) has received third-party certification for its book and claim service for pure car carriers after an audit by Nippon Kaiji Kyokai (ClassNK). According to MOL, this is the first time that ClassNK has granted third-party certification of book and...

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