The International Association of Dry Cargo Shipowners (Intercargo) has marked a transformative year in its 2023-2024 Annual Review, launching major initiatives while reaching record membership levels amid growing industry challenges. Outgoing Chairman Dimitri Fafalios...
Maritime business news
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...
KOREAN DISTRIBUTION DEAL FOR SCRUBBER WATER TREATMENT SYSTEM
Denmark-based LiqTech International, a filtration company that manufactures and markets specialised filtration products and systems for marine, and Danbee Marine, a South Korean-based maritime representative to the shipping industry, have entered into a partnership...
ODFJELL GAINS RECOGNITION FOR GHG REDUCTION
Norwegian shipping company Odfjell has been included in the 2024 'Europe's Climate Leaders' report compiled by the UK's Financial Times for 2024. The substantial report and analysis, conducted by the Financial Times and Statista, honours companies excelling in...
NEW APPOINTMENT AT DIGITAL PLATFORM DRIVES GROWTH
Maritime digital platform for ship owners, operators, charterers and insurers, Smart Ship Hub Digital (SSH), has appointed Uday Bhaskarwar as its Chief Growth Officer (CGO). SSH’s range for the maritime ecosystem include Decarbonisation Measures, Technical Performance...
NEW SINGAPORE DISTRIBUTOR EXTENDS CMT’S CO2-REDUCTION SERVICE
CM Technologies (CMT) has strengthened its global sales and distribution network with the appointment of Singapore-based marine engine sales, repair, and services company Junma Services to facilitate increasing demand for CMT’s machinery and fluids testing, measuring...
TURKISH BATTERY COMPANY EXPANDS CAPACITY AND JOINS MBF
Turkish company Ottomotive Tech is the latest battery manufacturer to join the Maritime Battery Forum, a global community of maritime battery enablers. Founded in 2021, Ottomotive Tech offers support for products, engineering and consultancy in various sectors...
SEA-LNG RECRUITS TWO MORE MAJOR PLAYERS
Inspection, certification and consulting engineering multinational RINA and Rotoboost, a global hydrogen technology company, have joined the Sea-LNG coalition. With both organisations leading efforts to further cut emissions from LNG, their teams’ knowledge is...