Wärtsilä Launches Carbon Capture System for Ships
Wärtsilä has introduced its onboard carbon capture and storage (CCS) system to the maritime industry.
The system can reduce CO₂ emissions by up to 70%, providing shipowners with a practical solution to meet...
Ocean Yield Increases Stake in France LNG Shipping to 45%
Ocean Yield AS has announced an agreement to acquire Access Capital Partners' share in Geogas LNG, thereby increasing its indirect economic interest in France LNG Shipping (FLS) from 34% to 45%, according to the...
European Commission Approves Reintroduction of Italy’s “International Registry” Scheme
The European Commission has given its approval for the reintroduction of Italy's "International Registry" scheme. This initiative is designed to incentivize shipping companies to register their vessels within Europe. Registering ships in Europe, as...
Samsung Heavy Industries Expands FLNG Portfolio with Deep-Sea Model
Samsung Heavy Industries (SHI) has announced an expansion of its product offerings with the development of the MLF-O, which stands for Modularized LNG Floater - Optimized. This new design is a standardized model for...
IMO Regulations Projected to Significantly Increase Ship Operating Expenses
The International Maritime Organization's (IMO) recently agreed Net-Zero Framework is projected to significantly increase ship operating costs. By 2035, it is estimated that this framework could add an 82% premium on top of current...
Concerning Maritime Security Overview: Dryad Global Reports Rising Risks and Tensions
This week's maritime security overview paints a concerning picture with several key areas experiencing heightened risks and tensions, reports Dryad Global.
Persisting Piracy
Maritime crime remains a significant problem in Mexico's Bay of Campeche, an area...
Rhenus Group to Commence Barge Operations Across India’s National Waterways
Through a newly established Memorandum of Understanding (MoU), the Rhenus Group, a prominent global logistics service provider, is set to commence barge operations across various National Waterways in India. The initial phase of this...
Port of Gothenburg Tests Hydrogen Generator for Onshore Power Supply to Ships
A promising initiative at the Port of Gothenburg is nearing completion: a pilot project utilizing a hydrogen generator to provide electricity to berthed vessels. This innovative approach holds the potential to significantly reduce emissions...
Apollo Funds to Acquire Hav Energy from HitecVision
Apollo Global Management to acquire Hav Energy LNG Holding AS from HitecVision, expanding in maritime LNG carrier infrastructure.
Hav Energy owns 10 LNG carriers, including 2 operating and 8 under construction, all under...
Call for Maritime Innovators to Join Transport Accelerator
Connected Places Catapult, funded by Innovate UK, launches the first Transport Accelerator: Maritime to support SMEs with innovative maritime and transport solutions.
The programme invites ideas in automation, future fuel distribution, and port...