Accelleron, the former ABB turbocharging company, has announced that it has entered into an agreement to acquire True North Marine (TNM), established in 2013 and headquartered in Montreal, Canada. TNM provides weather routing guidance and voyage optimisation,...
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...
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 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...
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...
Ocean Network Express (ONE), the integrated liner service of Japanese ship operators 'K' LINE, MOL and NYK, has opened its new ONE Green Office in Singapore, designed and conceptualised as an educational, interactive and collaborative space for green initiatives. The...
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...
The board of the International Chamber of Shipping (ICS), representing 80% of the world’s merchant fleet, has appointed Emanuele Grimaldi, President and MD of Grimaldi Euromed, as Chairman of the Board. Grimaldi, a former president of both Confitarma and European...
Finnish company Norsepower has signed a loan agreement with Nefco, the Nordic Green Bank, which will accelerate Rotor Sail production within Asia. Norsepower’s Rotor Sail technology provides auxiliary wind propulsion for shipping with installations already onboard...
Lloyd’s Register (LR) has acquired OneOcean, a supplier of voyage compliance, safety and environmental solutions, from private equity firm Equistone Partners Europe. LR says this move will accelerate its ambitions to be the maritime industry’s trusted adviser for...
The Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping has welcomed Equinor as a Strategic Partner, committing to a long-term strategic collaboration and contribution to the development of zero carbon technologies and solutions for the maritime industry. The...
For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies have published the climate alignment of their shipping activities, gaining access to new data that will allow them to work to drive carbon efficiency and...
Wärtsilä Voyage, part of the technology group Wärtsilä, has announced the acquisition of PortLink Global, a global port solutions company headquartered in Vancouver, Canada, aiming to create an end-to-end connected maritime ecosystem in which intelligent port...
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