Lloyd’s Register Group (LR) has reached an agreement to acquire Ocean Technologies Group (OTG), a provider of software dedicated to the global maritime industry, from European private equity firm Oakley Capital. Following the revision to the IMO GHG strategy in 2023...
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 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...
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...
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...
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 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...
MAN Energy Solutions' service brand, MAN PrimeServ, and licensee Makita Corporation of Japan have signed a three-year agreement to intensify their cooperation, with the aim of offering service to customers worldwide in SCR-HP (Selective Catalytic Reducation-High...
Norwegian company Teco 2030 and thyssenkrupp Automation Engineering of Germany have signed a Memorandum of Understanding (MoU) to supply the total PEM fuel cell production line to Teco 2030’s Innovation Centre in Narvik, Norway. Teco 2030 is well under way with the...
The CMA CGM Group has announced a Special Fund for Energies, backed by a five-year, US$ 1.5bn budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The Fund will invest to support the industrial production of new fuels, as well as...
Ecochlor and Sinotech have announced a new agreement to advance long-term sales, marketing and technical assistance and to foster mutual maritime relationships worldwide. The Strategic Cooperation Framework Agreement, in the form of a Memorandum of Understanding...
KPI OceanConnect and Bunker Holding’s key account management unit, BOGA, are to join forces and operate under the name KPI OceanConnect in future. Anders Grønborg (pictured) will take on the position of CEO of KPI OceanConnect, replacing Søren Høll who moves to a...
Maritime industry supplier Norwegian Electric Systems (NES) has appointed Siv Remøy-Vangen as its new MD, as from January 2023. Remøy-Vangen joins NES from a position as CEO of Maritime Bergen, a regional industry association for companies in ocean-based industries....
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