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...
The UK government has announced the latest round of funding from its £206m UK SHORE programme, which is focused on decarbonising the UK maritime sector through technical innovation. The new projects which will receive funds include green corridors linking the Port of...
Swedish sodium-ion battery developer Altris has successfully raised SEK 150m in a Series B1 funding round, introducing new investors such as Clarios and Maersk Growth. The financing will be used to finalise Altris’ pilot production facility, and thereby enable...
Emissions compliance provider Ahti has received major funding from Business Finland, a Finnish government organisation for innovation. The funding will enable Ahti to accelerate the development of its Ahti Pool, further internationalise its business offering, and...
Rotterdam-based maritime start-up accelerator PortXL has presented its 2024 cohort of 10 start-ups and scale-ups, with the aims of connecting them to partners, mentors and members of the Rotterdam and Dutch innovation ecosystem, that will assist them in the coming...
CarbonLeap, an independent organisation for managing monetised carbon reductions in global transportation, has recommended shipowners in compliance deficit to act now if they want to take advantage of cost efficiencies created by vessel pooling for meeting FuelEU...
Somas Instrument, a manufacturer of control and on/off valves, has appointed Accelleron as the authorised global service provider for its marine customers. Under this new partnership agreement, Accelleron’s service engineers will be trained to service Somas valves on...
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...
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...
Anemoi Marine Technologies has signed an agreement with Finland-based maritime software, services and data analysis provider Napa to bring Napa's weather routing and voyage optimisation tools to users of its Anemoi Rotor Sails. The partnership between the two maritime...
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...
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,...
Solithor, a company involved in the development and commercialisation of rechargeable all-solid-state lithium battery technology has joined the Maritime Battery Forum. Solithor was founded in September 2021 by Huw Hampson-Jones and Dr Fanny Bardé and has been fully...
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