Building on a working partnership established in 2022, Nippon Yusen Kabushiki Kaisha (NYK Line) will now scale the use of Neptune Robotics’ vessel cleaning technology across its global fleet. In a statement issued today (29 September), NYK Line said that previous deployments of Neptune’s robotics-driven vessel cleaning solution had achieved up to 10x fuel savings compared to cleaning costs, resulting in ‘significant reductions in fuel use and emissions.’ NYK has also participated in Neptune’s US$52 million Series B funding round led by Granite Asia. ‘We are impressed by Neptune Robotics’ highly efficient hull cleaning technology which maximises protection to hull […]

The ferry route between Dublin Port and the Port of Holyhead could serve as one of Europe’s first dedicated green shipping corridors, according to a new study. Greening the Irish Sea – The Central Corridor, which was led by Ricardo, also identified green methanol as a suitable candidate fuel for the corridor with the potential to reduce greenhouse gas emissions up to 80%. Indeed, Ricardo highlighted that methanol was found to be the ‘most practical alternative fuel for this route’, offering the possibility of retrofitting existing vessels and benefitting from established bunkering and handling experiences compared with other emerging fuels. […]

AI company Cetasol, whose technology is aimed at improving fuel efficiency, has secured €2.3 million in a seed funding round. The round brings in new investors BackingMinds and Shift4Good, alongside continued support from existing investor Sarsia, Gothenburg-based Cetasol said in a statement on Wednesday (24 September). With this investment round, the company says it can continue to introduce AI-driven decision support and digital twin technology to the maritime industry for increased fuel optimisations, insights and predictive maintenance. ‘This investment confirms that our approach to AI-driven decision support and maritime sustainability is both needed and trusted,’ said Ethan Faghani, CEO and […]