The partnership targets zero-emission shipping markets with next-generation redox flow batteries.
United Arab Chemical Carriers Limited (UACC), the Dubai-headquartered international shipping company, has entered into a definitive merger agreement to be acquired by United Overseas Group Ltd, a company controlled by Peter Georgiopoulos and Leonidas Vrondissis. The transaction is structured as a re
Dutch power company Eneco and the Port of Rotterdam Authority, united in Rotterdam Shore Power BV, have agreed with port operator Vopak Terminal Europoort to conduct a feasibility study for the use of shore-based power at the terminal.
Bombora Wave Power has entered into agreement with Mitsui O.S.K. Lines (MOL) to identify marine energy project opportunities in Japan and the neighbouring regions.
Nihon Shipyard Co. Ltd, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuilding Co., Ltd., was established on January 1, 2021. The capital and business alliance comes on the back of all the necessary regulatory approvals and review processes. The Tokyo-headquartered sh
Several partners have launched Current Direct, a new research and innovation project that aims to revolutionize the way goods and people are moved by water.
European Union’s Horizon 2020 program has awarded €5 million to VALID project for the development of a Hybrid Testing Platform that will accelerate the testing of marine energy devices in Europe’s race towards carbon neutrality.
Italian shipbuilding major Fincantieri has received a one-month extension for its planned acquisition of the French counterpart Chantiers de l’Atlantique, Reuters reported citing a statement from the French Ministry of Finance. According to the report, Fincantieri accepted the offer. The proposal is
Five South Korean container shipping companies are establishing the Korean Maritime Movement Alliance (K-Alliance) in an effort to strengthen competitiveness in Southeast Asia.
Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition.
LPG shipping heavyweight Epic Gas, and Lauritzen Kosan A/S, the gas carrier division of J. Lauritzen, have entered into a deal to combine their fleet and business activities to create BW Epic Kosan. The combination will create a genuine powerhouse in the last mile delivery of LPG and other specialit
Eagle Bulk Shipping, one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, has become a signatory to the Sea Cargo Charter. The charter, which was launched in October 2020, provides a global framework for aligning chartering activities with responsible environmen
Maritime UK, the collective voice for the UK’s maritime industries, is forming a partnership with Carbon13, the venture builder for the climate crisis, to support entrepreneurs reaching for net zero.
Japanese shipbuilding majors Imabari Shipbuilding and Japan Marine United Corporation have received approvals from all competition authorities to move forward with the establishment of their Joint Venture company. As disclosed, the capital and business alliance and the establishment of the joint ven
