Amid increasing pressure on shipping to achieve the IMO 2050 decarbonization targets, the Responsible Shipping Initiative (RSI) and DNV have completed a new study: "Decarbonization of the short sea dry bulk fleet", co-funded by the Swedish Transport Administration. The study finds that while Swedish cargo owners and charterers are committed to greener practices
The board of directors of MacGregor Group AB has appointed Jonas Gustavsson Chief Executive Officer of MacGregor as of August 1, 2025. He succeeds Leif Byström, who is retiring.Jonas Gustavsson joined MacGregor in March 2025 as Deputy President. Prior to that he served as the CEO of AFRY AB from 2017 until early 2025.
Chris-Marine launhced its latest innovation, the VPU 1600, a fuel injector test unit for 4-stroke engines, manufactured at its facility in Brøndby, Denmark.The test unit is designed to efficiently assess the leakage, opening pressure, and spray pattern of fuel injectors, ensuring optimal engine performance.
Despite becoming a major developer of alternative fuels for the maritime sector, Sweden is facing limited access to the wider European market. Nils Igelström, Managing Director of GAC Sweden, discusses the need for greater clarity to prevent shipping’s energy transition stalling.Sweden is in a very strong position to support the maritime sector’s alternative fuel development.
Watson Farley & Williams (“WFW”) advised a consortium of lenders comprising Nordea Bank Abp, filial i Norge (“Nordea”), acting as facility and security agent, Skandinaviska Enskilda Banken AB, ABN AMRO Bank N.V. and Danske Bank A/S on a US$350m revolving credit facility provided to Ardmore Shipping Corporation (“Ardmore”) to refinance Ardmore’s existing revolving credit facilities and for
Flying Fish Maritime Innovations B.V., a Dutch pioneer in digital maritime technology and advice, announced a minority investment from CPAC Systems AB, a subsidiary of the Volvo Group, on May 7, 2025. CPAC Systems (Sweden) is specialized in developing advanced control and automation systems for marine, construction and commercial vehicle industries.
Ferry shipping executives have called for broader shore power funding at Interferry’s European Shipping Summit Seminar.Access to onshore power supply for ferries and ships is crucial for the further development and implementation of sustainable battery-based propulsion, and ultimately the decarbonization of the maritime sector.