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Spring Marine to expand use of Sulnox Eco with four-year supply agreement

Deal covers supply of Sulnox Eco for use across at least 34 vessels and about 600,000 litres of product over the contract term – an increase of about 70,000 litres of Sulnox per annum from current levels.

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Greentech company Sulnox on Tuesday (22 September) announced the signing of a four-year supply agreement with Spring Marine Management (Spring Marine), a Greek ship management company and long-standing customer of Sulnox.

The agreement covers the supply of Sulnox Eco™ for use across at least 34 vessels and approximately 600,000 litres of product over the contract term – an increase of approximately 70,000 litres of Sulnox per annum from current levels reflecting planned fleet expansion and larger vessels consuming more fuel. 

In addition, Spring Marine will make a strategic investment of up to GBP 1,100,000 (USD 1.5 million) in Sulnox through the subscription for up to 2,750,000 new ordinary shares of 2 pence each (Ordinary Shares) at a price of 40 pence per Ordinary Share.

Spring Marine’s decision to invest in Sulnox alongside its supply commitment is a clear endorsement of the Sulnox Eco product and the growth prospects of the Company.

Spring Marine operates a fleet of tankers and bulk carriers and first introduced Sulnox Eco on a number of its vessels in 2023. Extensive operation using Coriolis mass flow meters, torque meters and engine performance monitoring systems has demonstrated consistent fuel savings averaging approximately 5%, together with reductions in specific fuel oil consumption (SFOC) and improved engine efficiency.

Spring Marine has also reported operational and maintenance benefits from the use of Sulnox Eco, including cleaner combustion components and injectors, reduced carbon build-up, minimal sludge generation and consistently cleaner exhaust emissions with no visible black smoke.

The agreement provides Sulnox with long-term contracted demand from an established customer and further validates the sustained benefits of Sulnox Eco in real-world maritime operations. 

The Board expects the agreement to generate significant incremental revenue for Sulnox and further strengthens the Company’s presence within the important Greek shipping market.

Captain George Chondronikolas, General Manager of Spring Marine, said: “We have now been using Sulnox Eco for three years and have seen consistent and measurable benefits across our operations. The fuel savings are important, but we have also seen meaningful improvements in engine cleanliness, efficiency and emissions performance.

“Our decision to enter into a four-year supply agreement reflects our confidence in the product and the results it continues to deliver. By also committing to invest in Sulnox, we are pleased to strengthen our relationship further and participate in the Company’s growth as adoption of its technology expands across global industry.”

Ben Richardson, CEO of Sulnox, said: “Spring Marine is another marquee customer embracing shipping’s inevitable decarbonisation agenda and using sophisticated vessel telemetry to demonstrate the effectiveness of Sulnox Eco. The results achieved across its fleet provide compelling real-world evidence of the fuel savings, emissions reductions and cleaner engine performance our technology can deliver.

Deciding to become a Sulnox shareholder as well as a long-term customer represents a powerful further endorsement of our product and strategy. We are delighted to deepen our relationship with one of Greece’s most respected ship managers as it continues to grow and develop its fleet.”

 

Photo credit: Scott Graham
Published: 23 September, 2026

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Incident

MPA: 25 crew rescued after abandoning “MSC HERMES III” east of Vietnam

MRCC Singapore coordinated the rescue after receiving a distress alert at about 8.45am as the vessel was within Singapore’s Maritime Search and Rescue Region.

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The Maritime and Port Authority of Singapore (MPA) on Tuesday (22 September) said all 25 crew members from the Liberia-registered container vessel MSC HERMES III were rescued on 22 September 2026. 

The Maritime Rescue Coordination Centre (MRCC) Singapore coordinated the rescue after receiving a distress alert at about 8.45am (Singapore Time). 

“The vessel was within Singapore’s Maritime Search and Rescue Region (MSRR), about 300km east of Vietnam,” MPA said in a statement. 

MRCC Singapore immediately issued a broadcast requesting vessels in the vicinity to render assistance. Three vessels responded, and MSC RUBY recovered all 25 crew members after they had abandoned MSC HERMES III in a lifeboat. 

“All 25 crew members are safe, with no injuries reported,” MPA said. 

“MRCC Singapore is coordinating with the Vietnamese MRCC on arrangements for the rescued crew members to return safely to shore.”

 

Photo credit: Manifold Times
Published: 23 September, 2026

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Alternative Fuels

GCMD, Equinor to combine expertise on alternative bunker fuels, decarbonisation solutions

Equinor brings extensive experience to partnership as a vessel charterer and marine fuel supplier, including chartering dual-fuel LNG and methanol tankers, testing biofuels and supplying methanol.

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GCMD, Equinor to combine expertise on alternative bunker fuels, decarbonisation solutions

The Global Centre for Maritime Decarbonisation (GCMD) and Equinor on Tuesday (22 September) announced a five-year Impact partnership.

The partnership brings together GCMD’s capabilities in conducting real-world maritime pilots with Equinor’s experience as a charterer, energy provider and developer of low-carbon solutions.

Together, the organisations will leverage their complementary expertise to help address technical and operational gaps in scaling alternative marine fuels and supporting the development and uptake of other maritime decarbonisation solutions.

GCMD’s work on alternative fuels, including biofuels, ammonia and methanol, focuses on two critical aspects of deployment: operational safety and robust monitoring, reporting and verification (MRV). Its pilots and studies are generating operational data to support safe bunkering and handling of these fuels. 

At the same time, its assurance work seeks to strengthen confidence in quantity, quality and GHG emissions abatement.

“Equinor brings extensive experience as a vessel charterer and marine fuel supplier. This includes chartering dual-fuel LNG, LPG and methanol tankers, testing and using biofuels and supplying methanol to the maritime sector,” GCMD said.

Equinor is also piloting the use and supply of ammonia as a marine fuel, contributing to the development of associated safety, regulatory and bunkering arrangements.

Combining these perspectives can help address practical barriers to alternative fuels deployment while strengthening assurance across emerging marine fuel value chains.

Beyond alternative fuels, GCMD is working to accelerate the adoption of solutions that can reduce emissions from the existing fleet, including energy efficiency technologies (EETs) and onboard carbon capture and storage (OCCS).

GCMD’s work on EETs includes quantifying real-world fuel savings from technologies such as wind-assisted propulsion systems and developing financing mechanisms to scale their adoption. In OCCS, Project CAPTURED demonstrated an end-to-end value chain for onboard captured and liquefied CO₂, generating evidence that contributed to the recognition of captured CO2 under the EU ETS and in-principle support at the IMO for recognising carbon mineralisation as permanent storage.

Equinor brings decades of experience in offshore CO₂ storage, including its role in the development and operation of Northern Lights, the world’s first cross-border CO2 transport and storage facility, where liquefied CO₂ is transported by ship to an onshore receiving terminal before it is sent by pipeline for permanent geological storage beneath the North Sea.

Through the partnership, GCMD and Equinor will explore opportunities to combine their respective capabilities and experience to support the deployment and scaling of maritime decarbonisation solutions.

 

Photo credit: Global Centre for Maritime Decarbonisation
Published: 23 September, 2026

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Decarbonisation

Wah Kwong NatPower, AREL partner on maritime electrification in Hong Kong

Collaboration will examine opportunities to deploy shore power facilities, vessel charging infrastructure and battery energy storage solutions, alongside the development of electric vessels.

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Wah Kwong NatPower, AREL partner on maritime electrification in Hong Kong

Wah Kwong NatPower (WK NatPower) on Tuesday (22 September) said it has signed a Memorandum of Understanding (MoU) with Aberdeen Restaurant Enterprises Limited (AREL) to explore the electrification of piers, vessels and supporting energy infrastructure in the Aberdeen area of Hong Kong.

Against the backdrop of the HKSAR Government’s latest policy direction to advance green shipping, smart port development and shore power infrastructure, WK NatPower and AREL will explore the development of an integrated marine electrification ecosystem in the Aberdeen and Shum Wan areas. 

The collaboration will examine opportunities to deploy shore power facilities, vessel charging infrastructure and battery energy storage solutions, alongside the development of electric vessels for future transport and tourism services.

The initiative supports Hong Kong to become a leading hub for sustainable maritime innovation while contributing to the revitalisation of one of the city’s most iconic waterfront communities. As an initial phase of the collaboration, the two parties will explore the opportunity for the construction of a series of electric vessels and transport vessels. 

The initiative will also examine the potential deployment of the ApliAber® electric vessel fleet as a new benchmark for sustainable waterfront mobility and hospitality experiences in Hong Kong.

Vincent Ni, General Manager of WK NatPower, said: “This MoU marks an important step in supporting Hong Kong’s marine energy transition. Aberdeen has long been an iconic part of Hong Kong’s maritime heritage, and we are delighted to explore opportunities to develop integrated shore power and vessel electrification solutions that can support a cleaner and more sustainable future for the harbour.”

Wong Tai Yu, Director of AREL, said: “Through this collaboration, we look forward to exploring practical ways to introduce cleaner energy, electric vessels and sustainable waterfront experiences, while supporting the revitalization of Jumbo Kingdom® for future generations.”

 

Photo credit: Wah Kwong NatPower
Published: 23 September, 2026

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