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.
The Panama Canal Authority ordered ten hybrid tractor tugboats from European shipbuilder, Astilleros Armón, with options for another 10 similar vessels, and Corvus Energy will supply the battery systems for the hybrid-electric vessels.
Fairplay Towage Group has placed an order with Damen Shipyards for the delivery of two further tugboats, one of which is of the ASD Tug 2813 design, the other one being a tug fitted with azimuth stern drives and a bollard pull of 60 tonnes.
The biofuel being used in this trial is Neste RD, which is being imported to Japan through a contract that Itochu Corporation has signed with the Neste OYJ Group
