Switch Maritime has secured non-dilutive bridge financing from Enduring Planet to support its grant-funded hydrogen ferry projects ahead of scheduled reimbursement payments.
Australia's Port of Newcastle has become the first port in NSW approved to safely store grid-scale lithium-ion batteries at its Mayfield Multipurpose Terminal.
Shipowners have little choice but to evaluate the use of alternative fuels and zero-emissions technologies if they wish to remain competitive in the market writes DNV GL Technology
