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Berg Propulsion CEO Stefan Sedersten is clear about the shifting economics of maritime technology. “The payback is often much quicker than before, which makes it easier to justify the investment decision,” he says, arguing that the long-debated spend-to-save mindset has finally taken root across global shipping. Speaking to Maritime CEO, Sedersten describes an industry that …
https://splash247.com/berg-propulsion-why-owners-are-now-willing-to-spend-to-save/
https://splash247.com/berg-propulsion-why-owners-are-now-willing-to-spend-to-save/European and Chinese companies are joining forces to spearhead the adoption of giant batteries at sea. China’s BYD, the world’s fourth-largest car manufacturer, is looking at getting into marine. Subsidiary BYD Energy Storage has signed a memorandum of understanding with Norway’s Corvus Energy, a market leader in marine energy storage systems (ESS), to establish a …
https://splash247.com/chinas-byd-plots-marine-push-in-tie-up-with-corvus/
https://splash247.com/chinas-byd-plots-marine-push-in-tie-up-with-corvus/Global trade is on track to hit an unprecedented $35trn this year, with East Asia, Africa and South-South corridors driving the gains even as geopolitical fragmentation reshapes supply chains, according to UNCTAD’s year-end global trade update. Trade is expected to grow 7% in 2025, adding $2.2trn in new value. Crucially, the late-year expansion is being …
https://splash247.com/global-trade-to-hit-record-35trn-this-year-unctad/
https://splash247.com/global-trade-to-hit-record-35trn-this-year-unctad/The Coast Guard authenticated the keel for the future Coast Guard Cutter Pickering during a ceremony Monday in Mobile, Alabama. Keel authentication is a time-honored shipbuilding tradition marking the formal start of a vessel’s construction.
https://www.marinelink.com/news/us-coast-guard-authenticates-keel-533322
https://www.marinelink.com/news/us-coast-guard-authenticates-keel-533322Marine engineering firm Birdon operates across Australia and the United States, delivering complex programs on a global scale. With distributed teams, tight production schedules, and increasing demands for accuracy and efficiency, the company…
https://www.marinelink.com/news/birdon-building-a-smarter-digital-533326
https://www.marinelink.com/news/birdon-building-a-smarter-digital-533326Everllence has confirmed the successful running on ethanol – at all load points – of its 21/31 dual-fuel engine at test facilities in Frederikshavn, Denmark.Everllence pioneered the platform of two-stroke methanol-burning engines over a decade…
https://www.marinelink.com/news/everllence-confirms-success-ethanol-533327
https://www.marinelink.com/news/everllence-confirms-success-ethanol-533327Klaveness Combination Carriers has secured a new long-term contract of affreightment with Brazil’s Alunorte, extending the Norwegian owner’s presence in the alumina supply chain. The 32-month deal, starting in March 2026, will see KCC move caustic soda solution to Alunorte’s refinery. The work will be handled by the 2001-built Cabu vessel Barcarena, which completed its …
Tianjin Southwest Maritime has ordered two very large ammonia carriers from Jiangnan Shipyard, extending its long-standing partnership with one of China’s leading gas-carrier builders. Industry sources said the Chinese owner has signed for a pair of 90,000 cu m VLACs, each priced at about $114.5m, for delivery in 2028. The order marks a fresh step …
https://splash247.com/tianjin-southwest-books-very-large-ammonia-carriers-at-jiangnan/
https://splash247.com/tianjin-southwest-books-very-large-ammonia-carriers-at-jiangnan/Tanker pool manager Signal Maritime Services is moving into the dry bulk market through a strategic investment in Bluepool, a fast-growing operator running panamax and supramax pools. Unveiled in early 2022, Bluepool currently manages 21 vessels and has been expanding its presence in both the panamax and newly launched supramax segments. Signal, which has built …
https://splash247.com/signal-maritime-steps-into-dry-bulk-with-bluepool-deal/
https://splash247.com/signal-maritime-steps-into-dry-bulk-with-bluepool-deal/bound4blue, a leader in wind propulsion systems, has closed a $44 million funding round backed by leading maritime corporates, ship owning families, climate-focused investors and government capital. The round was led by OCTAVE Capital, an investment platform affiliated with major shipowner: IMC…
https://www.marinelink.com/news/boundblue-lands-m-investors-eyeing-wind-533300
https://www.marinelink.com/news/boundblue-lands-m-investors-eyeing-wind-533300