Day: March 19, 2025

Motion Ventures launches $100m maritime tech fund

Energy News Beat Uni-Tankers Singapore’s Motion Ventures has launched what it claims is the largest-ever maritime tech fund at $100m. “We launched Motion Ventures with the belief that maritime is entering a new era—one where technology, capital, and industry collaboration converge to redefine the sector’s trajectory. In recent years, we’ve seen digitalisation and decarbonisation shift […]

Case for engine retrofits clouded by lack of green fuels

Energy News Beat Failure to scale up suitable quantities of well-priced green fuels has blunted a projected rush to retrofit ships with cleaner engines, a delay that will potentially bring a bottleneck at repair yards further down the line, according to a new study from Lloyd’s Register (LR). The British classification society has updated its […]

IMO presses ahead with maritime digitalisation strategy

Energy News Beat RegulatoryTech The International Maritime Organization (IMO) has come up with a work plan to get a maritime digitalisation strategy adopted by the IMO Assembly by the end of 2027.  “The cross-cutting strategy will span different areas of IMO’s work, fostering a fully interconnected, harmonized and automated global maritime sector,” the IMO stated […]

Who Holds the Ballooning US Government Debt, even as the Fed and Foreign Holders Unloaded Treasury Securities in Q4?

Energy News Beat An increasingly important question in iffy times. Here are the holders as of Q4, who dumped, who bought. By Wolf Richter for WOLF STREET. When the incredibly ballooning US national debt reached $36.22 trillion in January, it hit the “Debt Ceiling,” with which Congress prevents the government from borrowing the money needed to spend the […]