Cornish-based company Inyanga Marine Projects has completed a £2 million capital raise that will be used to fund further growth of its marine energy business.
Containership giant CMA CGM Group has signed a five-year agreement with the French National Centre for Space Studies (CNES) to identify, design and develop innovative solutions for the shipping, logistics and space industries.
Dutch shipping company Schram Shipping has signed a contract with compatriot wind propulsion solutions provider eConowind for new wind-assist installation.
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.
Shipping association representatives from G7 countries along with Australia, India, South Korea and South Africa have created a new shipping association, M7 with the first meeting organized by the UK Chamber of Shipping.
Stolt Tankers and Tufton Investment Limited have teamed up to create a chemical carrier pool and cooperate in the field of decarbonization and sustainability.
The IMO-Norway GreenVoyage2050 project has been granted 14.5 million NOK ($1.75 million) in additional funding by Norwegian government to support the path to decarbonization in the shipping sector.
French LNG containment specialist GTT has signed a cooperation agreement with Russian Maritime Register of Shipping (RS) to meet the demands of the evolving LNG market.
Japanese shipping major Mitsui O.S.K. Lines, Ltd. (MOL) has joined the Australia-based Global CCS Institute (GCCSI), an international think tank on carbon capture and storage (CCS) which is recognized as a means to achieve a low-carbon and decarbonized society.
WinTogether, a charitable sweepstakes platform powered by Lottery.com, has launched the Clean Oceans Campaign aimed at ridding the oceans of ghost nets and toxic plastics.
U.S. LNG producer Cheniere Energy will work with natural gas companies and academic institutions to quantify, monitor, report and verify (QMRV) greenhouse gas (GHG) emissions at LNG production sites.
The construction has commenced on the world’s first fully electric passenger fast ferry at the Fjellstrand shipyard in Norway, partners in the EU-funded TrAM project said.
Finnish technology group Wärtsilä and the classification society RINA have announced a novel propulsion design that aims to achieve “immediate compliance with IMO 2023 targets.”
Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK) has become a member of the Global CCS Institute, an international think-tank established to promote the use of carbon capture and storage (CCS) technologies worldwide.
