Echandia Secures SEK 325 Million in Funding to Advance Maritime Electrification

Swedish maritime battery systems manufacturer Echandia has announced the successful close of its latest funding round, raising a total of SEK 325 million (approximately USD 34 million). The round includes a new investment from S2G Investments, a U.S.-based multi-stage investment firm with a focus on ocean-related innovations. The financing marks a significant milestone in Echandia’s

Scotland’s Largest Maritime Decarbonisation Project Launches at Port of Aberdeen

The Port of Aberdeen has officially activated its new shore power infrastructure, marking Scotland’s most significant maritime decarbonisation project to date. The initiative enables vessels to plug into renewable electricity while docked at eight berths in the port’s North Harbour, significantly reducing greenhouse gas emissions, air pollution, and noise. The shore power system allows ships

SECI’s Green Ammonia Tender Poised to Unlock Hydrogen Economy, with Potential Ripple Effects for Maritime Sector

The Solar Energy Corporation of India Limited (SECI), a Navratna Central Public Sector Undertaking under the Ministry of New and Renewable Energy (MNRE), has issued a significant tender for the offtake of 724,000 tonnes of green ammonia annually. While primarily aimed at decarbonizing India’s fertilizer sector, the initiative may also lay foundational groundwork for broader

FincoEnergies Advances Digital Marine Biofuel Delivery with eBDN Technology Adoption

FincoEnergies has announced a strategic shift toward full digitalisation of its marine (bio)fuel delivery processes in the Amsterdam-Rotterdam-Antwerp (ARA) region, with the implementation of electronic Bunker Delivery Note (eBDN) technology. The move is powered by the FuelBoss platform developed by Ofiniti, in partnership with logistics provider VT Group. This marks a significant advancement in marine

Smart Green Shipping Completes Successful Sea Trials of Wind-Assisted Propulsion System

Smart Green Shipping (SGS) has announced the successful completion of sea trials for its FastRig wind-assisted propulsion system, conducted in late 2024 aboard the MV Pacific Grebe, a vessel typically used for transporting nuclear waste. The trials mark a significant step forward for wind-assisted propulsion in commercial shipping, demonstrating both the practical installation and operational

Erik Thun Group Launches Fourth Lake Vänern Max Vessel, “Tidan”

The Erik Thun Group has launched Tidan, the fourth vessel in its Lake Vänern Max series, during a ceremony held at the Ferus Smit shipyard in the Netherlands. Named after the Swedish Tidan River, the vessel reflects the company’s ongoing efforts to integrate sustainability into its fleet operations.The Lake Vänern Max series is designed with