The acquisition boosts RINA's global marine consulting presence and brings in Foreship's expertise in cruise ship design and alternative vessel technologies.
The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year.
New UCL and UMAS report says carbon insetting can support early decarbonisation but warns that focusing too heavily on biofuels could slow progress toward scalable zero-emission fuels.