Maritime business news

FINANCE FOR SERVICE USING HUMAN FACTOR TO HELP DECARBONISE

FINANCE FOR SERVICE USING HUMAN FACTOR TO HELP DECARBONISE

Sustainability startup Signol, which uses behavioural science to reduce emissions in hard-to-abate industries such as shipping, has raised £2.5m from industry-focused investors. Signol’s tech-enabled behaviour change service helps ship operators to fully engage their...

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FINNISH ENGINEERING COMPANY SETS UP UK GREEN TECH CENTRE

FINNISH ENGINEERING COMPANY SETS UP UK GREEN TECH CENTRE

Foreship has established Foreship UK, a new subsidiary which commits the Finnish naval architecture and marine engineering company to securing a strategic presence based in the United Kingdom. Shaun White (pictured) has been appointed as MD, to lead Foreship UK from...

NEW KONGSBERG PRESIDENT TO FOCUS ON SUSTAINABILITY

NEW KONGSBERG PRESIDENT TO FOCUS ON SUSTAINABILITY

Lisa Edvardsen Haugan has been appointed as the new President of Kongsberg Maritime, taking over from Egil Haugsdal, who will continue until November, when he takes on a new role within the group. Edvardsen Haugan has long experience within the Kongsberg Group,...

CMA CGM LOOKS TO CONTAINER RETURNS TO HELP DECARBONISE

CMA CGM LOOKS TO CONTAINER RETURNS TO HELP DECARBONISE

French container shipping group CMA CGM has launched its 'TEUs to Trees' early container return incentive programme designed to increase climate change mitigation in the US while assisting in the overall effort to improve both the fluidity and velocity of the supply...

CONTAINER AND LOGISTICS COMPANY JOINS LNG COALITION

CONTAINER AND LOGISTICS COMPANY JOINS LNG COALITION

Sea-LNG, the industry coalition established to demonstrate the benefits of the LNG fuel pathway for shipping’s decarbonisation, has announced that US provider of ocean transportation and logistics services, Matson, is the latest organisation to join its membership....

GREEN SHIPPING TECHNOLOGY NEEDS THE RIGHT PEOPLE

GREEN SHIPPING TECHNOLOGY NEEDS THE RIGHT PEOPLE

Jamaica’s Transport Ministry and Maritime Authority  says that people play a central role in the development of new technologies to help shipping meet its environmental goals and protect the marine environment. As the maritime community celebrates World Maritime...

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SUSTAINABILITY ADVICE SERVICE LAUNCHES ON WORLD MARITIME DAY

SUSTAINABILITY ADVICE SERVICE LAUNCHES ON WORLD MARITIME DAY

With the theme for this year’s World Maritime Day being ‘New Technologies for Greener Shipping’, the timing is appropriate for the launch of a specialist in maritime sustainability known as Grow Maritime. As a subsidiary of Cyprus-based sustainability advisors Grow...

CARGO OWNERS UNITE TO DRIVE SHIPPING DECARBONISATION

CARGO OWNERS UNITE TO DRIVE SHIPPING DECARBONISATION

Cargo Owners for Zero Emission Vessels (coZEV), a multi-national alliance of companies involved in ocean shipping, has added more signatories to its 2040 Ambition Statement. Beiersdorf, Dupont, Electrolux, ETTLI Kaffee, Moose Toys, Ohana Beverage Company, Philips, REI...

SHIPPING FINANCIERS HOPE TO ACCELERATE EMISSIONS BENCHMARKING

SHIPPING FINANCIERS HOPE TO ACCELERATE EMISSIONS BENCHMARKING

The Poseidon Principles, established by 30 shipping banks and 17 marine insurance providers and brokers is to add additional trajectories to report climate alignment with a 1.5C future, a  new commitment which aligns with the ambition of the UN and the latest...

ROLLS-ROYCE POWER SYSTEMS APPOINTS NEW MANAGERS IN SUSTAINABILITY DRIVE

ROLLS-ROYCE POWER SYSTEMS APPOINTS NEW MANAGERS IN SUSTAINABILITY DRIVE

Dr Jörg Stratmann (pictured) has been appointed as the next CEO of Rolls-Royce Power Systems and Dr Andreas Strecker will join Power Systems as CFO. Stratmann, who holds a doctorate in industrial engineering, was most recently CEO and chairman of the executive board...

EPS SIGNS LNG BOXSHIP CHARTER DEAL WITH CROWLEY

EPS SIGNS LNG BOXSHIP CHARTER DEAL WITH CROWLEY

US shipping and logistics company Crowley has awarded Singapore-based Eastern Pacific Shipping (EPS) a contract for the charter of four newbuild containerships powered by LNG for Crowley's US-Central America trade. Using LNG significantly lowers vessel greenhouse gas...

SEASPAN CANCELS LNG-FUELLED BOXSHIP ORDER

SEASPAN CANCELS LNG-FUELLED BOXSHIP ORDER

Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp, has announced an update to its previous announcement regarding contracts for four 7,700 TEU dual-fuel liquefied natural gas containership newbuildings, subject to certain closing conditions. The order was...

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