Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed an oversubscribed $1.83 million pre-seed financing round. Invest Nova Scotia led the round, with additional participation from an angel investor group headed by Mahir Sahin, former advisor to Alphabet’s
Swedish electric boat maker Candela has signed an agreement with Thai operator Seudamgo by Leopard Transportation for ten of its electric hydrofoil ferries to initially operate on Thailand’s route between the mainland and Koh Kood Island.
South Korea’s K Shipbuilding (KSB) has clinched a contract to construct two alternative fuel-ready 50,000 dwt tankers for Greece-based shipowner Lastco. According to Greek shipbroker Intermodal, K Shipbuilding is set to build two future-fit vessels that will come with methanol-ready and liquefied na
NYK Stolt Tankers (NST), a joint venture between shipping companies NYK Line and Stolt Tankers, has decided to order two additional parcel chemical tankers at Nantong Xiangyu Shipyard in China.
COSCO Shipping Heavy Industry (Shanghai) (CHI Shanghai) has completed China’s first ship-to-ship methanol bunkering operation by a shipbuilding and repair enterprise at a shipyard’s berth, marking a major milestone in the nation’s adoption of alternative marine fuels.
PowerCell has secured a contract to supply fuel cell systems for two hydrogen-powered bulk carriers being built by GMI Rederi.
Norwegian maritime services provider Buksér og Berging has taken delivery of a new hybrid tugboat built by Türkiye’s Uzmar Shipyard.
TUI Cruises, a joint venture between TUI and Royal Caribbean Cruises, has commissioned Italian shipbuilder Fincantieri for the construction of the new cruise ships that will be powered by dual-fuel LNG engines.
Canadian shipping company Algoma Central Corporation has taken delivery of Algoma Legacy, the first of three new methanol-ready Kamsarmax-sized ocean belt self-unloading vessels.
Italian shipbuilding company Fincantieri has delivered the second dual-fuel liquefied natural gas (LNG)-powered vessel—Star Princess—that was constructed for U.S.-based cruise line Princess Cruises. The 178,000 GT newbuilding was handed over to its owner at Fincantieri’s Monfalcone shipyard, which i
Seatrium has signed a memorandum of understanding (MoU) with India’s Cochin Shipyard to strengthen cooperation in the offshore sector across India and Asia.
ABGC DMCC, a joint venture of Al Seer Marine and BGN, has taken delivery of Merak, a dual-fuel very large gas carrier (VLGC) equipped with ammonia-carrying capability.
Everllence received an order for ten methanol-powered engines to be installed on Vale-chartered very large ore carriers (VLOCs).
Earlier this month, Chinese automaker Geely Holding splashed “the world’s first” methanol/hydrogen, hybrid electric multipurpose riverboat, marking what is claimed to be an important step in the application of this type of marine technology in China’s shipping sector. As divulged, the 64 TEU vessel,
