Alternative Fuels & Tech
€6.5 million investment nearly doubles the PrimeServ Academy’s training capacity.
July 2, 2026
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€6.5 million investment nearly doubles the PrimeServ Academy’s training capacity.
Newbuilds will operate on Mediterranean and Baltic Sea routes from 2028.
Facility upgrade will support the next phase of land-based trials for ammonia-fuelled marine engines and integrated fuel supply systems.
Fresh investment from the EIC Fund and a private investor will support the hydrogen technology firm’s global expansion and large-scale project deployment.
The trial is planned for later this year as the port prepares to support ammonia-fuelled vessels and low-carbon shipping.
New emission reduction certificates allow cargo owners to purchase verified biofuel-based shipping emissions reductions.
Deal adds the Aegir battery platform and customer projects as ACEL Group becomes a shareholder.
Automaker expects to raise around €7.4 billion while retaining a 49% stake in the marine and energy technology company.
Up to three 210,000-dwt Newcastlemax vessels will enter service with dual-fuel ammonia engines by the end of 2026.
Hong Kong is introducing new financial incentives for ships using and supplying alternative marine fuels as it seeks to strengthen its position as a green