The European Union's SMAP mechanism aims to provide €15 billion in support between 2028 and 2040 to accelerate the maritime industry's transition to green e-fuels.
Newlight Marine Technologies has developed an AI-driven system that retrofits marine diesel engines to use hydrogen, cutting fuel consumption by 24% and reducing emissions.
Maritime intelligence startup Quartermaster has raised $140 million to expand its network of sensor-equipped commercial vessels.
Maritime intelligence startup Quartermaster has raised $140 million in a Series B round to scale its SmartMast hardware technology for commercial shipping fleets.
Maritime surveillance startup Quartermaster has raised $140 million in a Series B round to scale its SmartMast technology for commercial fleets.
China has deployed the world's largest pile-driving vessel to Brazil for the construction of the Salvador cross-sea bridge.
Infosecurity Service has secured accreditation from the Russian Maritime Register of Shipping to perform mandatory cybersecurity audits for maritime vessels.
The Philippines is partnering with Norwegian maritime experts to develop electric and hybrid ferry networks, building on local prototypes and established European operational models.
The 4,000 kW Beihai Rescue 151 vessel has joined the North China Sea Rescue Bureau, featuring 100% domestically produced core equipment and advanced autonomous rescue capabilities.
Bluecore Energy raised $50 million in seed funding to develop floating nuclear reactors for ports and AI infrastructure.
