bound4blue raises $44 million to scale wind-powered sail
Wind propulsion company bound4blue has closed a $44 million funding round backed by maritime corporates, climate investors, and government capital. The round was led by OCTAVE Capital and Katapult Ocean,...
NYK names two new LNG carriers for QatarEnergy
Nippon Yusen Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd., MISC Berhad, and China LNG Shipping (Holdings) Limited held a naming ceremony for two new LNG carriers for QatarEnergy at HD Hyundai Heavy...
Hyundai, HD KSOE partner on maritime fuel cell system
Hyundai Motor Company has signed a landmark Memorandum of Understanding (MoU) to co-develop a maritime fuel cell system, extending its clean-energy capabilities beyond automobiles and into the marine sector. The...
Japan unites to standardise next-gen green ship designs
Mitsubishi Shipbuilding Co., Ltd. (part of Mitsubishi Heavy Industries), Imabari Shipbuilding Co., Ltd., “K” LINE, MOL, NYK Line, JMU, and NSY have signed a Memorandum of Understanding (MoU) to establish...
EU sets course for a cleaner future with new STIP roadmap
The European Commission has unveiled its Sustainable Transport Investment Plan (STIP), a roadmap to accelerate the energy transition in aviation and waterborne transport. The plan identifies investment needs, outlines how...
BlueNose secures UK funding for fuel-saving vessel tech
BlueNose, a London-based maritime innovation startup, has been awarded £350,000 ($459,000) through the UK Government’s Clean Maritime Demonstration Competition (CMDC6) to advance two pioneering concepts for aerodynamic vessel efficiency, in...
EST-Floattech revolutionises Arklow cargo vessel systems
EST-Floattech has been contracted to supply its Octopus Lite battery system for a new series of six General Cargo Vessels being built by Ferus Smit in the Netherlands for Irish...
Zparq secures €5.5M EU funding for electric marine drivetrain
Swedish deeptech company Zparq has received €5.5 million ($6.38 million) in EU funding, supporting the development and scaling of its advanced Z10 electric drivetrain platform. Selected as one of only...
NYK powers Japan’s offshore wind with new CTV deal
Nippon Yusen Kabushiki Kaisha (NYK) has signed a long-term time-charter agreement for an offshore wind crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy LLC, a joint venture...
NYK’s green future bunkers low-carbon methanol in Ulsan
The methanol dual-fuel bulk carrier Green Future, chartered from Kambara Kisen Co., Ltd. by NYK Bulk & Projects Carriers Ltd. (an NYK Group company), completed a methanol bunkering operation at...
Sea Legend unveils bold China-Europe arctic route
Chinese container shipping company Sea Legend is set to launch the first direct China-Europe service via the Arctic’s North Sea Route (NSR) later this week. The maiden voyage will depart...
CGI launches bold MaritimeTwin to slash ship emissions
CGI has secured UK Government funding through the SEEDS (Sustainability Exploration and Environmental Data Science) programme to develop MaritimeTwin. The MaritimeTwin is a new digital twin platform aimed at cutting...
