At the World Maritime Merchants Forum during Hong Kong Maritime Week 2025, Angad Banga, Chief Operating Officer of The Caravel Group and Chairman of the Hong Kong Shipowners’ Association, called for coordinated and timely investment to accelerate the maritime sector’s shift toward net-zero emissions. Delivering a keynote titled “Unlocking Global Maritime Capital: Hong Kong’s Role
Kongsberg Maritime has secured a contract with Turkish shipbuilder and tug operator Med Marine to deliver azimuth thrusters and a mix of electric and hydraulic towing winches for nine new tug designs. The agreement includes equipment for Med Marine’s new all-electric ‘VoltRA’ tug, which will be constructed at the company’s Ereğli Shipyard. Scope of supply
RAD Propulsion has introduced the RAD 120, a 120 kW electric drive system aimed at meeting rising demand for higher-power zero-emission marine propulsion. The launch took place today at METStrade 2025. The UK-based company said the new system builds on its existing RAD 40 platform and is designed for commercial, defence and leisure vessels requiring
Nuh Çimento has upgraded cargo-handling capacity at its private port in Hereke, Türkiye, with the installation of an electric-drive Liebherr LPS 420 portal slewing crane. The new unit replaces a Liebherr LPS 400 that had been in service since 1999, marking a generational shift in the company’s bulk-handling infrastructure. Operational upgrade for high-volume bulk handling
A group of global shipping companies has partnered with Seven Clean Seas (SCS) to establish the Maritime Association for Clean Seas (MACS), a new industry alliance focused on reducing plastic leakage and improving waste management across the maritime value chain. MACS brings together founding members including Berge Bulk, X-Press Feeders, Bernhard Schulte Shipmanagement (BSM) and
Peninsula has expanded its marine fuel infrastructure in the Port of Rotterdam with the commissioning of a new storage and blending facility at the Chane Terminal, strengthening its biofuel supply capabilities in the ARA region. Phase 1 Commissioned with 30,000 m³ Capacity The first phase of development is now operational and includes nine dedicated tanks
Montra Electric, the EV division of the Murugappa Group, plans to broaden its small commercial vehicle portfolio with the launch of a new sub-3.5-tonne electric truck next year. The company will subsequently introduce a light commercial vehicle in the 3.5–7.5-tonne range, CEO Saju Nair confirmed. The company entered the SCV market earlier this year with
AM Green Group has committed INR 540 billion (USD 6 billion) to large-scale green industrial projects in Andhra Pradesh, signing multiple memoranda of understanding with the state government. Green Aluminium Complex Planned in Kakinada The majority of the investment—about INR 440 billion (USD 4.96 billion)—is earmarked for a one-million-tonne-per-annum green aluminium complex at Kakinada. The
Lhyfe has entered into a multi-year agreement to supply renewable hydrogen to an undisclosed operator in the hydrogen heavy-mobility sector. The contract, effective from 1 November 2025, covers the delivery of more than 200 tonnes of hydrogen certified as Renewable Fuel of Non-Biological Origin (RFNBO) — the European Union’s most stringent standard for renewable hydrogen.
The Chennai Port Authority has initiated the procurement process for its first green tug, moving a step closer to adopting cleaner marine technologies and reducing emissions from port operations. Tugs play a vital role in harbour activities, assisting pilots in guiding large vessels during berthing and unberthing, while also supporting towing and a range of