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Auramarine partners with Royal Blue to strengthen new build project and lifecycle service delivery in Greece and Cyprus
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Auramarine partners with Royal Blue to strengthen new build project and lifecycle service delivery in Greece and Cyprus

Auramarine, the Finnish technology company and trusted fuel supply and systems expert, has signed a cooperation agreement with Royal Blue, a provider of global solutions for marine spare parts and services, to enhance service delivery in Greece and Cyprus. The companies will work together to meet evolving technical and operational requirements of local ship owners ...

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XFuel announces $20 million Series A funding to accelerate commercial-scale low-carbon fuel production
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XFuel announces $20 million Series A funding to accelerate commercial-scale low-carbon fuel production

XFuel, a low-carbon drop-in fuel technology company, today announced the successful completion of its Series A funding round earlier last year, raising $20 million in equity, including a recently closed extension. The round brings on board new investors Wagner Carbon, Audacy, Future Planet Capital, Light Ray Ventures, Overlap Holdings, as well as two major strategic ...

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Bulgarian Development Bank to Manage Energy-Efficiency Renovation of Residential Buildings under Recovery and Resilience Plan
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Bulgarian Development Bank to Manage Energy-Efficiency Renovation of Residential Buildings under Recovery and Resilience Plan

By a Council of Ministers decree, the renovation of multifamily residential buildings under the Recovery and Resilience Plan (RRP) will be entrusted to the Bulgarian Development Bank (BDB). This ensures that 100% of the allocated funds for energy efficiency, amounting to EUR 246,556,225, are preserved, announced outgoing Minister of Regional Development and Public Works Ivan Ivanov after Wednesday’s Cabinet meeting here on Wednesday. According to Ivanov, the decision is the result of negotiations with the European Commission regarding amendments to the RRP. The goal was to save all multifamily residential buildings whose implementation had seriously lagged behind, posing a risk of failing to meet the final deadline of 30 June this year. Under the agreement with the European Commission, these high-risk projects will be treated as a separate investment, managed by the Bulgarian Development Bank. In addition to preserving the funds, the deadline for completion of construction and renovation works has been extended to 31 December 2029.Ivanov said that negotiations resulted in the removal of the 20% co-financing requirement for homeowners’ associations. This means all approved residential buildings will now be renovated with 100% non-repayable funding, with no costs for citizens.The Minister assured that re-application will not be necessary, as all documentation will be transferred automatically from the Ministry to the BDB.

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LA port chief highlights US-China supply chain and green shipping ties
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LA port chief highlights US-China supply chain and green shipping ties

The Port of Los Angeles is accelerating its push for greener shipping, smarter infrastructure and closer cooperation with China as the busiest port in the United States prepares for another year of rising cargo demand, according to Executive Director Gene Seroka. “China still represents approximately 40 percent of our business, more than two and a ...

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Contship strengthens digital transformation with DCSA+
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Contship strengthens digital transformation with DCSA+

The Group is the first terminal operator to join the partnership program aimed at accelerating the adoption of digital standards across the entire containerized transport ecosystem. Contship announces its entry into DCSA+, the partnership programme launched in March 2025 by DCSA (Digital Container Shipping Association) to accelerate the adoption of digital standards across container shipping. ...

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