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Green Technology

Decarbonising Near-Shore Fleets: Challenges and Opportunities

by Andrew Southwood, Marine Finance, Siemens Financial Services UK Following the government’s maritime decarbonisation strategy, the industry is planning around three milestones: Speed is therefore key in the industry’s transformation....

Wärtsilä powers Molslinjen’s third battery-electric ferry

Wärtsilä will equip Molslinjen’s third battery-electric catamaran ferry with a fully integrated electric propulsion system and waterjets, advancing the operator’s move toward net-zero ferry operations. The vessel is under construction...

Toll Group unveils groundbreaking electric vessel operations

Toll Group has launched Singapore’s first decarbonisation hub dedicated to electric supply vessels, aiming to accelerate the greening of maritime logistics. Developed in partnership with Yinson GreenTech, the 12-month proof...

Svitzer unveils electric TRAnsverse 2600e tugs

Global towage leader Svitzer and India’s largest public-sector shipyard, Cochin Shipyard Limited (CSL), have formalised a shipbuilding agreement for four 26‑metre battery-electric TRAnsverse 2600e tugs. The deal, moving beyond the...

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...

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