ABB and Wallenius Marine Collaborate for Digital Vessel Performance Solution

ABB and Wallenius Marine have launched a joint venture in Stockholm to enhance their OVERSEA™ collaboration, providing advanced vessel performance management solutions. This initiative combines ABB’s ship technology expertise with Wallenius Marine’s fleet management knowledge, utilizing the OVERSEA™ platform for improved efficiency and sustainability in maritime operations.

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LiMA Grants 22 Scholarships for Maritime Studies in Ghana

The Liberia Maritime Authority (LiMA) has awarded full scholarships to 22 students for advanced studies at the Regional Maritime University in Ghana. This historic initiative aims to enhance maritime education and address the demand for skilled professionals, ultimately strengthening Liberia’s maritime sector and contributing to the nation’s economic development.

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KOBC Launches Fractional Ship Investment Program for Retail Investors

The Korea Ocean Business Corporation (KOBC) is launching a pilot program allowing citizens to invest in ships through fractional ownership. This initiative will issue profit-linked securities tied to existing vessels, aiming to raise up to 1 trillion won ($730 million). Retail investors can subscribe via brokerage accounts, with tradable securities.

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Innovative Underwater Vacuum Technology Tested in WA to Combat Biofouling

Franmarine’s innovative underwater vacuum technology aims to combat biofouling on commercial vessel hulls, reducing invasive marine pest risks in Western Australia. This diver-operated system filters and UV-treats water before release, marking a significant advancement in marine biosecurity. Successful evaluations could lead to a larger pilot program in Fremantle Ports.

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Spain’s Green Bunkers Launched to Boost Maritime Decarbonization

Madrid-based startup Green Bunkers has secured €5 million from Baghdadi Capital to enhance its maritime decarbonization platform. Founded in 2025, the company aims to transform the €100 billion bunkering industry by promoting cleaner fuels, improving transparency, and implementing innovative solutions like green corridors and carbon capture technologies.

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DP World rolls out electric vehicles at the Laem Chabang terminal

DP World Unveils Electric Transfer Vehicles at Thailand’s Laem Chabang Terminal

DP World has launched five electric internal transfer vehicles (EITVs) at the Laem Chabang International Terminal in Thailand, a pivotal step in its decarbonization strategy. This initiative supports the Port Authority of Thailand’s Green Port strategy, aiming for a fully green facility by 2030, and is expected to reduce carbon emissions by 60%.

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