Fleetzero raises $43 million Series A to scale electric and hybrid propulsion for commercial shipping

Fleetzero has secured $43 million in Series A funding to expand the manufacturing and deployment of its hybrid and electric marine propulsion systems, as well as to establish a new manufacturing and research facility in Houston, Texas. The investment round was led by Obvious Ventures, with participation from Maersk Growth, Breakthrough Energy Ventures, 8090 Industries,

FedEx expands electric delivery fleet in Japan with deployment of 17 EV trucks

Federal Express Corporation has expanded its electric vehicle (EV) fleet in Japan with the deployment of 17 electric delivery trucks, as part of its ongoing efforts to reduce tailpipe emissions in last-mile operations. The newly added vehicles will be used for parcel pickup and delivery across Tokyo, Kanagawa, and Osaka. According to the company, the

Incat Tasmania begins harbour trials of world’s largest battery-electric vessel

Incat Tasmania has commenced harbour trials of the world’s largest battery-electric ship, marking the first time the vessel has operated under its own electric propulsion. The trials are taking place on the River Derwent, signalling the transition of the project from construction to operational testing. The 130-metre vessel, known as Hull 096, is the largest

Cargill Deploys First Green Methanol Dual-Fuel Dry Bulk Vessel

Cargill has launched the maiden voyage of Brave Pioneer, the first of five green methanol-capable dual-fuel dry bulk vessels chartered by the company, marking a new phase in its maritime decarbonisation efforts. The vessel departed from the Philippines on January 15, 2026, and is scheduled to bunker green methanol in Singapore before continuing to Western

Seventh Ammonia-Ready PCTC Delivered to Grimaldi Group Fleet

Grimaldi Group has taken delivery of its seventh ammonia-ready pure car and truck carrier (PCTC), further expanding its fleet of vessels prepared for the future use of ammonia as a marine fuel. The vessel, Grande Manila, is scheduled to begin its maiden voyage on the Asia–Europe service this week. Vessel delivery and construction The Grande

CII Urges Green Hydrogen Mandates Backed by Incentives to Accelerate India’s Energy Transition

Confederation of Indian Industry (CII) has called on the government to introduce green hydrogen mandates supported by incentives, arguing that such measures are needed to stimulate demand and accelerate India’s clean energy transition. According to CII, sectors that currently depend heavily on grey hydrogen—including refining, fertilisers and natural gas—are well positioned to adopt green hydrogen

CF Industries, Trafigura and TFG Marine Sign MOU on Low-Carbon Ammonia for Shipping Fuel

CF Industries Holdings Inc., Trafigura and TFG Marine have signed a Memorandum of Understanding (MOU) to collaborate on advancing the use of low-carbon ammonia as a marine fuel, as the shipping sector explores pathways to reduce greenhouse gas emissions. The agreement builds on an existing collaboration between CF Industries and Trafigura involving shipments of low-carbon

Wärtsilä Signs 10-Year Lifecycle Agreement Covering 12 LNG Carriers Managed by MOL

Wärtsilä has signed a 10-year Lifecycle Agreement with MOL Global Ship Management, covering operational support for 12 liquefied natural gas (LNG) carriers. MOL Global Ship Management is fully owned by Mitsui O.S.K. Lines (MOL). According to Wärtsilä, the agreement is intended to support reliable vessel operations through reduced engine downtime, extended maintenance intervals, and greater

RINA and HPC Awarded OSCE Contract to Support Green Port Development in the Caspian Region

RINA and HPC Hamburg Port Consulting have been awarded a five-year contract under the Organization for Security and Co-operation in Europe (OSCE) to deliver the project titled “Promoting Green Ports and Connectivity in the Caspian Sea Region.” The initiative aims to support the decarbonisation and digital transformation of selected ports in the Caspian and Black

ABS and Fleetzero Sign MOU to Study Containerised Battery Systems for Marine Use

ABS and Fleetzero have signed a memorandum of understanding (MOU) to jointly examine the technical requirements for containerised battery systems intended for maritime applications. Under the agreement, the two organisations will explore system designs and installation arrangements, alongside the development of testing methods and quality control processes. The objective is to support the safe deployment

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