Shortsea Shipping Decarbonization project wins the 8th Intelligence Hunt Project Competition

The Intelligence Hunt is a project-based awards scheme that marries innovative solution developers (the talents) with forward-thinking companies in the shipping supply chain and logistics (the case companies). The talents participating are current or recently graduated university students. For them the project experience and creation of a network of high-level business professionals, future colleagues and […]

ICS announces maritime decarbonisation summit and centenary dinner

Responding to a challenge thrown down by industry leaders in Glasgow, during COP26, ICS will work with partners to convene shipowners, ministers, maritime, energy and infrastructure leaders with the challenge of bringing forward a tangible path to decarbonise the sector. The closed-door meeting will be held in London the day after a dinner on Monday, […]

Northern Xplorer recruits seasoned debt-finance expert Bjornadal to board

Former shipping banker Ronny Bjornadal has agreed to join the board of Norwegian zero-emissions cruise venture Northern Xplorer AS (NX) with immediate effect. With over 25 years of experience in shipping banking, including strong exposure to the cruise industry, Bjornadal will assume an active role as executive director with special focus on debt financing. Since […]

Nor-Shipping 2022 Blue Economy Thought Leader – Mikael Norin, CEO, Cavotec

Mikael Norin is on a mission. Here the CEO of Cavotec, the cleantech and electrification pioneer, outlines how proven technology can drive an industrial transition that’s not only good for the environment, but also positive for pockets. Norin, speaking ahead of Cavotec’s appearance at Nor-Shipping 2022, says we need to wake up to possibilities today, […]

OCBC Bank extends sustainability-linked loan to U-Ming

OCBC Bank has extended a US$70 million sustainability-linked loan with U-Ming Marine Transport Corporation, one of Taiwan’s largest listed bulk carrier companies. This marks a first for both companies – the first sustainability-linked loan that OCBC Bank has extended to a Taiwanese company, and in U-Ming’s case, its first sustainability-linked loan outside of Taiwan. The […]