STAX Engineering, a leader in maritime emissions capture and control, has secured $70 million in funding to accelerate the deployment of its technology and expand carbon capture initiatives. The investment, led by Firstime Credit and Deutsche Bank Private Credit & Infrastructure, comes alongside the company’s new carbon capture trials with Seabound, an onboard carbon capture technology provider…. Read More
The Portuguese company owns 50% of Ocean Winds with France’s Engie. EDP Renováveis ??(EDPR) is mulling selling its stake in offshore wind company Ocean Winds. The company owns 50% and the remaining 50% is held by France’s Engie. The news was revealed by Bloomberg. No final decision has been made and one possibility is to… Read More
International Container Terminal Services, Inc. (ICTSI) has reported a net income attributable to equity holders of $849.80 million, which is 66 per cent more than the $511.53 million gained in 2023. ICTSI handled consolidated volume of 13.06 million TEUs in 2024, 2 per cent greater than the 12.7 million TEUs handled in 2023. The company attributes its… Read More
Marcura has acquired Shipster, a start-up specialising in AI-driven document intelligence. The acquisition further strengthens Marcura’s AI-powered automation roadmap, enabling it to accelerate in line with evolving customer needs and scale to support the growing complexity of maritime workflows. Marcura has already embedded AI-powered automation across its solutions, with AI agents helping customers automate Charter… Read More
Royal HaskoningDHV is delighted to announce that Scotland-based maritime engineers Arch Henderson has joined the company. Royal HaskoningDHV CEO Marije Hulshof commented: “We are very excited to welcome our new colleagues from Arch Henderson who are so complementary to our team. Like us, they have over 100 years of maritime expertise, along with established and… Read More
