Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, announced that it raised $56 million in venture financing, bringing total raised since inception to more than $270 million.The round was co-led by existing investor Aramco Ventures and new investor SV Investment.
The insurance issued to dozens of ageing oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents.Norway-registered Romarine AS purported to be an insurance provider with a website listing dozens of tankers believed to be part of Russia's shadow fleet
Menzel Elektromotoren reports it has manufactured two electric motors for marine applications for an Italian shipbuilder, complete with approval by RINA, the Italian naval registration company. The squirrel-cage motors will power the bow thrusters on a new seagoing coast guard vessel and a logistic support ship for the petroleum industry.