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.
Damen Shipyards has started a construction programme of three shallow draft multipurpose support vessels at Albwardy Damen in the UAE, in anticipation of an increase in offshore and dredging activity.