$1 Trillion Financing Needed to Decarbonize Global Shipping, EDF and Lloyd’s Register Warn

A new report warns that the maritime industry’s decarbonization goals are jeopardized without urgent action. Released by the Environmental Defense Fund and Lloyd’s Register, it identifies over $1 trillion in investment gaps threatening climate objectives. Innovative financing strategies, like the Maritime Multiplier and Time Stacked Offtake, are essential for attracting necessary capital.

Continue reading

Containerized Ballast Water Treatment Unveiled for Offshore Wind Sector

BIO-UV Group has introduced a containerized ballast water treatment system for the offshore wind sector, essential for compliance with regulations against invasive species. Funded by the EU’s ELBE EUROCLUSTER, the system utilizes BIO-SEA technology in standard containers, enabling on-site treatment during windmill assembly. Initial trials confirm its effective dual-stage treatment capability.

Continue reading

Autonomous Underwater Vehicle Charging Goes Wireless

Quaze Technologies has partnered with Vatn Systems to revolutionize underwater robotics by introducing fully autonomous, remote wireless charging for underwater vehicles (AUVs). This collaboration enhances AUV operational capabilities for the U.S. military, addressing traditional recharging challenges. Integrated wireless charging will boost endurance while reducing maintenance and operator risk in maritime operations.

Continue reading
Sri Lanka's largest capacity crane unloaded at HIP

Sri Lanka Invites Saudi Arabia to Colombo Maritime Summit

Sri Lanka’s Minister of Transport, Bimal Rathnayake, has invited Saudi Arabia to the International Maritime Summit in Colombo, aiming to enhance maritime cooperation. Discussions with Saudi Arabia’s Transport Minister focused on strengthening ties and exploring transport opportunities. The summit will address sustainability and innovation in the maritime sector, attracting various stakeholders.

Continue reading

India-Singapore Collaborate on Green and Digital Shipping Corridor

On September 4, 2025, Singapore and India signed a memorandum of understanding in New Delhi, launching a Green and Digital Shipping Corridor. This initiative aims to enhance maritime decarbonization and digitization, facilitating zero-emission operations and promoting innovative green technologies. The partnership builds on earlier commitments to revolutionize the maritime sector.

Continue reading

Red Sea Undersea Cable Cuts Cause Delays, Traffic Rerouted

On Saturday, Microsoft reported increased latency for Azure users due to undersea cable cuts in the Red Sea. Although the disruptions were acknowledged and traffic rerouted, permanent repairs may take longer. Internet traffic monitor NetBlocks identified the cuts near Jeddah, highlighting the vulnerability of subsea cables to both accidental and intentional damage.

Continue reading

Seawing Kite System Shows Promise for Greener Shipping

Kawasaki Kisen Kaisha (“K” LINE) announced that its subsidiary, Oceanicwing, completed the first phase of land-based testing for the Seawing kite system. This innovative wind-assisted propulsion system aims to enhance maritime transport efficiency by harnessing high-altitude winds, with promising results leading to further development phases and larger-scale testing planned.

Continue reading
Advertisements