STEESMAT Project Funded, Aims for Next-Gen Vessel Power Systems
The EU granted $8.1 million to the STEESMAT project, which aims to develop a new power distribution systems for the zero-emission ships of the future.Spearheaded by Maritime CleanTech, 13 partners will collaborate on the development of an innovative power distribution system tailored to the needs of tomorrow’s emission-free vessels. This tech is aiming to simplify the integration of modern green energy sources while optimizing the efficiency of existing solutions. “The Norwegian maritime industry is a global leader in green solutions…
Green Shipping Corridors: The Hurdles Ahead
Under current and prospective policies from the IMO, EU, and US, the business case for green shipping corridors could improve markedly - but not sufficiently - according to a new report published by UMAS, UCL, and the Global Maritime Forum (GMF). Titled ‘Building a Business Case for Green Shipping Corridors,’ the report looks at the significant commercial challenges associated with green shipping corridors, how these could change under future regulation, and what additional support…
