A US fund, with no previous experience in maritime, has quietly been buying up key names in the Greek tech sector

Marine equipment manufacturing and maritime tech are two segments of the Greek cluster that have conspicuously taken strides forward in recent years, yet the potential is even greater

The project, which was begun at art school in the UK, is latest in growing portfolio of tech collaborations for Lomar’s corporate venture lab

There are plenty of reasons to be cheerful about the trajectory of the Greek maritime cluster, but plenty of work remains to be done, say backers

Hecla Emissions Management, which invented a tradeable FuelEU Maritime compliance token, says it has signed the first trade. Companies that take longer to plan for FuelEU Maritime will have fewer compliance options

Norway’s Odfjell says its suction sail trial went better than expected. EU and IMO carbon taxes are expected to bring fairer winds for the fuel-saving technology

Columbia Group advisory offshoot EmissionLink says preparing early will save companies money

The argument for expanding shipbuilding and marine equipment production in the West is gathering pace, while high demand for new ships across most sectors will continue, despite a recent slowdown in orders

The IMO’s net zero framework incentivises inefficiency for compliant ships and sends mixed signals to the market about the path to alternative fuels

OceanScore estimated an initial FuelEU compliance deficit for ships of around 2.1m tonnes of CO2 equivalent, while more efficient vessels, mainly LNG and LPG carriers, generate a surplus of about 1.3m tonnes of CO2e

Fully electric ferries in Europe now have a real business case because of European regulations, and the IMO’s new net zero framework will improve it further, says technology firm