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US Bill Revives $1 Billion Annual Clean Shipping Fund

US Bill Revives $1 Billion Annual Clean Shipping Fund

US lawmakers have reintroduced the Next Generation Shipping Act, a bill that would establish a one billion dollar annual programme to accelerate clean shipping technologies and port infrastructure across the country. The…

Mon Jun 29 20266 min
MSC Linked to Order for Up to 20 LNG Dual-Fuel 20,000 TEU Container Ships at Hengli Heavy Industries

MSC Linked to Order for Up to 20 LNG Dual-Fuel 20,000 TEU Container Ships at Hengli Heavy Industries

Mediterranean Shipping Company has been linked to an agreement with China's Hengli Heavy Industries for the construction of up to 20 LNG dual-fuel container ships of 20,000 TEU each, including optional units, with delive…

Fri Jun 26 20265 min
KONGSBERG Delivers Vessel Traffic Services Solution for Great Belt Strait in Denmark

KONGSBERG Delivers Vessel Traffic Services Solution for Great Belt Strait in Denmark

KONGSBERG has successfully delivered a new Vessel Traffic Services solution for Great Belt VTS, supporting safe and efficient traffic management through one of Europe's busiest maritime straits and providing information…

Fri Jun 26 20264 min
Bain Capital Acquires 51% Stake in Everllence for $8.4 Billion in Landmark Marine Propulsion Deal

Bain Capital Acquires 51% Stake in Everllence for $8.4 Billion in Landmark Marine Propulsion Deal

Volkswagen Group has agreed to sell a 51 percent stake in Everllence, the rebranded MAN Energy Solutions, to private equity firm Bain Capital in a leveraged buyout expected to generate proceeds of approximately US$8.4 bi…

Thu Jun 25 20265 min
Marine Battery Systems Target Lower Cost and Faster Installation as Vessel Electrification Accelerates

Marine Battery Systems Target Lower Cost and Faster Installation as Vessel Electrification Accelerates

A wave of new marine energy storage system launches and partnerships is addressing the two most persistent barriers to vessel electrification, high upfront capital expenditure and lengthy installation timescales, with de…

Wed Jun 24 20265 min
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