Capital Group has been honoured with the 'Tanker Company of the Year' award at the Lloyd’s List Greek Shipping Awards 2024. in recognition of its initiatives in shaping the maritime industry's energy transition. The award was given because Capital Group was regarded...
Maritime business news
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...
LLOYD’S REGISTER ACQUIRES TRAINING AND SOFTWARE GROUP OTG
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 AND NAPA COMBINE ROTOR SAIL AND VOYAGE OPTIMISATION
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 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...
ACCELLERON ENHANCES DIGITAL OFFERING WITH TRUE NORTH ACQUISITION
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,...
SOLID-STATE LITHIUM BATTERY COMPANY JOINS MARITIME BATTERY FORUM
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...
SEA-LNG ADDS BSM TO COALITION
Maritime solutions provider Bernhard Schulte Shipmanagement has joined the Sea-LNG coalition – bringing its LNG operational experience and technical insight to Sea-LNG. BSM’s decision to join Sea-LNG is said to reflect the decision of many others joining recently who...
ELECTRIC ZERO-EMISSION HYDROFOIL DESIGNER EXPANDS IN US
Maritime innovation company Artemis Technologies is opening its first US office following significant interest from across North America. Known for its efforts to future-proof oceans and waterways, the company designs, engineers, and manufactures 100% electric,...
ECHANDIA ESTABLISHES BATTERY PRODUCTION IN USA
In response to the rapidly increased demand in the maritime electrification sector in the Americas, Swedish company Echandia has chosen to set up a production facility in Washington State, where it will begin producing its advanced maritime battery system. Echandia...
WÄRTSILÄ RENEWS LIFECYCLE AGREEMENT FOR SEAPEAK LNG CARRIERS
Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow), one of the largest independent owner-operators of liquefied gas vessels. The contract covers 10 LNG Carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these...
MPA BRINGS IN MICROSOFT TO HELP ADOPT GREEN SOLUTIONS
The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MoU) with Microsoft to collaborate in innovative technologies including cloud computing, artificial intelligence (AI), data analytics, robotics, and cybersecurity, to support...
SILVERSTREAM LAUNCHES NEW OPERATIONS CENTRE
Maritime clean technology company Silverstream Technologies has launched its new Global Operations Centre in Southampton, UK, which the company says will enhance its operational capabilities and support the existing fleet. Additionally, the hub is equipped for further...