Stillstrom and Port of Roenne collaborate to unlock large-scale maritime electrification at Energy Island Bornholm

Stillstrom by Maersk and Port of Roenne have initiated a joint white paper to explore how Energy Island Bornholm could serve as a blueprint for integrating offshore wind energy with maritime electrification.

The new study, Energy Island Bornholm Powering Maritime Electrification, examines how renewable power production and future grid capacity can support charging solutions for electric ferries, cargo vessels and offshore service vessels – important steps to help shipowners invest in battery-powered fleets and advance the decarbonisation of European transport beyond road electrification.

Conventional cargo vessels passing Bornholm consume considerable amounts of fossil fuel every year. As battery technology continues to mature, battery-driven vessels are becoming increasingly viable. Stillstrom by Maersk, a marine technology leader delivering offshore power and charging solutions estimates that electrifying this segment would require around 17 TWh of new electricity consumption charging the battery-powered vessels replacing annually – in the range of – 3 million MT of marine gas oil (MGO) and roughly save €2 billion in oil imports.

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Originally published on 2 Dec

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Hollister Incorporated boosts Lithuanian presence with 100 new hires

By Invest Lithuania 14 January 2025

US healthcare products manufacturer Hollister Incorporated is expanding its Lithuanian operations. This month, the company has officially opened its financial services center, Hollister SSC Lithuania, complementing its manufacturing facility, Hollister Lietuva, located in the Kaunas Free Economic Zone. Building on this growth, the company has announced plans to establish a new product development (NPD) center at its Lithuanian facility later in the year.

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Originally published on 14 Jan

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Estonia opened Business Hub in Washington D.C.

By Trade with Estonia 17 October 2024

Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.

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Originally published on 17 Oct

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