STAX Engineering has announced plans to expand its UK operations with an investment of up to $50 million across UK ports.
Building on momentum from its partnership with Associated British Ports (ABP) Southampton, the California-based company, whose technology captures exhaust from vessels’ auxiliary engines, has reported it is in discussions with Harwich Haven Authority to meet demand for emissions reduction solutions.
‘The UK is emerging as a hub for the deployment of next-generation maritime technologies, and STAX’s expansion reflects the country’s growing role in setting high standards for clean shipping,’ said Mike Walker, CEO of STAX Engineering.
‘The market is showing how innovative clean technologies can scale globally within a framework of forward-thinking regulation. When ports and governments see immediate results without operational disruption, expansion of green solutions and growth-oriented regulation becomes inevitable.’
Jan Petzel, CFO of STAX Engineering, added: ‘The UK represents a significant growth market for STAX. Our partnership with ABP Southampton has shown us what’s possible when you work with partners that are serious about emissions reduction, and the timing feels right to deepen that commitment and further demonstrate how transatlantic collaboration can accelerate progress toward cleaner, more resilient global trade.’
As previously reported by ship.energy, STAX is part of a four-company consortium, ‘PortZero’, that has secured £1.1 million in government funding through the UK’s Clean Maritime Demonstration Competition.
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