The UK-based wind propulsion specialist GT Green Technologies has closed a £1.25 million (about $1.58 million) seed equity round to support the commercialization of its AIrWing wind propulsion system.
Norway-based energy storage company Corvus Energy has received type approval from Japanese classification society ClassNK for its marine energy storage system (ESS), Orca ESS.
During its inaugural visit to the Port of Antwerp-Bruges, methanol-powered containership Ane Maersk completed its first bunker operation in European waters.
The vessel, named Taebaek Explorer, is the first of two newbuild LPG/ammonia carriers which will be chartered by Trafigura.
Danish shipping giant A.P. Moller Maersk has held a naming ceremony for the world’s second large methanol-enabled container vessel in Yokohama.
A global group of companies with a common interest in developing nuclear energy solutions for the maritime sector have launched Nuclear Energy Maritime Organization (NEMO).
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a deal to raise funds through transition-linked loan (TLL) financing with Sumitomo Mitsui Trust Bank for the construction of a dual-fuel very large crude carrier (VLCC).
The first two LNG-powered, wind-assisted CO2 transportation ships for the Northern Lights project have been launched in China.
U.S. energy technology company Baker Hughes has made a strategic investment in European clean energy technology manufacturer Elcogen.
French shipbuilder Chantiers de l’Atlantique has cut the first steel for OE Corinthian, the first wind-powered cruise ship in the Orient Express Silenseas fleet.
Dutch shipbuilding company Damen Shipyards Group and French shipping giant CMA CGM have entered into a cooperation that will result in around 10 of the latter’s vessels receiving significant modifications.
Norwegian ship designer and shipbuilder Vard, part of Fincantieri, has appointed the current chief executive officer (CEO) of compatriot shipbuilder and designer Ulstein Group as its new CEO. Cathrine Kristiseter Marti, who will take over as the new CEO of Vard starting June 1, 2024, comes from the
HMM and Shanghai International Port Group (SIPG) have inked an MoU to collaborate on clean marine fuel supply, specifically methanol and LNG.
The French government and maritime stakeholders have signed a ‘groundbreaking’ pact for wind-assisted ship propulsion, a promising technology that has the potential to decarbonize the shipping industry.
