Maritime business news

DAPHNE TECHNOLOGY EXPANDS TO SINGAPORE

DAPHNE TECHNOLOGY EXPANDS TO SINGAPORE

Daphne Technology is pleased to announce the establishment of a new subsidiary, Daphne Technology Singapore (Daphne Technology SG), a strategic expansion which the company says marks a significant step in its growth, positioning Singapore as the central hub for its...

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US SHIPPING COMPANY OUTLINES SUSTAINABILITY AIMS

US SHIPPING COMPANY OUTLINES SUSTAINABILITY AIMS

US shipping company Matson has published its 2021 Sustainability Report that describes the company's progress toward achieving its environmental, social and governance goals. Matson chairman and CEO Matt Cox said: "In a year of extraordinary disruption and upheaval in...

FRENCH BWMS COMPANY ENJOYS SUCCESSFUL YEAR

FRENCH BWMS COMPANY ENJOYS SUCCESSFUL YEAR

Water treatment specialist Bio-UV Group has reported a 38% growth in BIO-SEA ballast water management system (BWMS) sales in the first half of the year, compared to the same period of 2021, despite a year impacted by various geopolitical factors. The company sold more...

ABB’S TURBOCHARGER COMPANY TO BECOME SEPARATE BUSINESS

ABB’S TURBOCHARGER COMPANY TO BECOME SEPARATE BUSINESS

The Board of Directors of ABB has decided to spin off the company's Accelleron (formerly ABB Turbocharging) turbocharging division, allowing ABB to focus on its core electrification and automation business, while Accelleron will concentrate on heavy-duty...

DNV AND PETRONAS SIGN CCUS MoU

DNV AND PETRONAS SIGN CCUS MoU

DNV and Malaysia-based energy company Petroliam Nasional Berhad (Petronas) have signed a Memorandum of Understanding (MoU) to address the technical, regulatory and business challenges of carbon capture utilisation and storage (CCUS) deployment. The companies plan to...

GO-AHEAD FOR ELOGEN HYDROGEN PRODUCTION PROJECT

GO-AHEAD FOR ELOGEN HYDROGEN PRODUCTION PROJECT

GTT Group green hydrogen company Elogen's 'gigafactory' and R&D strengthening project  has been selected by the European Commission as part of the Hydrogen IPCEI (Important Project of Common European Interest). Elogen's project is one of 41 selected by the...

COMPANIES JOIN FORCES FOR BATTERY POWER PROTECTION

COMPANIES JOIN FORCES FOR BATTERY POWER PROTECTION

Maritime energy storage system (ESS) manufacturer Corvus Energy is to join forces with Finland-based power electronics specialist Yaskawa Environmental Energy, also known as The Switch, to develop smart Battery Short-Circuit Limiter (BSCL) protection for large-scale...

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Jotun shipping
WÄRTSILÄ TO CEASE ENGINE BUILDING IN TRIESTE

WÄRTSILÄ TO CEASE ENGINE BUILDING IN TRIESTE

Wärtsilä plans to ramp down manufacturing in Trieste, Italy and to centralise its four-stroke engine manufacturing in Europe to Vaasa, Finland. Ending the manufacturing in Trieste is expected to impact approximately 450 employees with potential redundancy. The...

NORTHERN DUTCH INDUSTRY UNITES FOR GREEN TRANSITION

NORTHERN DUTCH INDUSTRY UNITES FOR GREEN TRANSITION

The maritime industry in the Northern Netherlands is pooling knowledge and capabilities to take on the technological challenges and become a global player in 'green', clean shipping and digital shipbuilding. A consortium of 21 technology developers, shipping...

FINCANTIERI APPOINTS NEW CEO FOR US YARDS

FINCANTIERI APPOINTS NEW CEO FOR US YARDS

Fincantieri Marine Group, the US arm of the Italian shipbuilding company, has named Marco Galbati, the current GM, as the new CEO, while former CEO Dario Deste remains the company’s president. Galbiati held the FMG GM role since 2018. In this capacity he was heavily...

NEW CTIO AT LR

NEW CTIO AT LR

Lloyd’s Register (LR) has appointed Chakib Abi-Saab to its newly created role of Chief Technology and Innovation Officer (CTIO). Abi-Saab, who was previously with Bahri (formerly known as the National Shipping Company of Saudi Arabia) as their CTO, joins LR with...

ZIM JOINS GAS-FUELLED SHIPPING CONSORTIUM

ZIM JOINS GAS-FUELLED SHIPPING CONSORTIUM

Container liner shipping company ZIM has become a member of the Sea-LNG industry coalition established to demonstrate LNG’s benefits as a viable marine fuel. A member of the Clean Cargo Working Group (CCWG) since 2013, ZIM has long worked at improving the environmental...

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