Leading online valuation and data provider, VesselsValue, are thrilled to announce they are now covering Crew Transfer Vessels. Commenting on the launch, Robert Day, Head of Offshore – VesselsValue Ltd said: “Crew Transfer Vessels represent an important milestone for VesselsValue as the first ‘pure’ Renewables asset to be valued using our five factor algorithm. Over .
MHO-Co to head consortium to develop green solutions for shipping; fuel cells and batteries
Denmark-based shipping company MHO-Co is heading a consortium that will spend €4.5 million during the next three years on developing green solutions for the future of the maritime industry. Together with Aalborg University, among others, and with grants from the Energy Technology Development and Demonstration Program (EUDP), MHO-Co will test fuel cells and new battery technology on the shipping company s advanced hybrid vessels.
The Danish shipping company is the initiator of the consortium which, with the companies Danfoss, Ballard Power Systems Europe A/S, Sterling PlanB and Stuart Friezer Marine, also consists of research engineers from Aalborg University. Of the €4.5 million, €2.15 million comes from grants from the Energy Technology Development and Demonstration Program (EUDP).