British Virgin Islands News

Kongsberg Maritime has developed an innovative mooring-capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of OSCVs beyond their current scope to include the pre-lay of mooring lines as a natural extension to original suction anchor capabilities. By integrating a purpose-designed anchor handling winch, shark jaws and stern rollers into the design of OSCVs at the newbuild stage, vessel owners can now equip their ships to perform a broader range of mooring opera...

Ocean Network Express is pleased to announce a significant milestone in its corporate history with the naming of ONE Sparkle, the company's first owned and operated new building container vessel. Says Jeremy Nixon, CEO, "The naming of ONE Sparkle represents another important milestone for ONE. This vessel is our first owned newbuilding, and it also showcases our commitment to sustainable shipping with its innovative design and alternative fuel capabilities. As we expand our owned fleet, these a...

Smaller shipowners seeking expansion, as well as multinational corporations entering the maritime industry for the first time, often encounter a shared challenge: the complexities of the market frequently exceed their own expertise and that of the advisors they typically consult. However, what may be a perceived obstacle to maritime business development has become a catalyst for growth within Wallem Group, manifested in the success of Wallem Commercial Services. Range of capabilities Wallem...

Nor-Shipping has announced that the main theme for its 60th anniversary exhibition and activity programme will be #Future-proof. Taking place in Oslo and Lillestrøm, Norway, 2-6 June 2025, Nor-Shipping is now working with key stakeholders to tailor content and deliver opportunities that support decision-makers as they face a rapidly evolving industry landscape. Organisers have also confirmed that the exhibition space is already 85% sold out for what promises to be 'both a memorable and c...

Technology group Wärtsilä and international consulting and engineering company Elomatic have signed a licencing and cooperation agreement covering the intellectual property rights, technology, and use of the trademark of Elomatic’s unique Elogrid solution. Elogrid is a transverse thruster grid technology, which is designed to reduce vessels’ fuel consumption while also enhancing thrusters’ performance. This technology improves both the water flow along the hull lines...

Hefring Marine and MSRS Navigation have announced a strategic partnership, with MSRS set to leverage Hefring’s advanced IMAS System to drive the development of cutting-edge GPS-denied navigation solutions for the maritime industry. This collaboration brings together two pioneering innovators in maritime technology to address the growing global challenge of GPS jamming and spoofing in commercial and defense maritime operations. Hefring Marine's maritime technology Hefring Marine's patent...

“New nuclear technology is a global decarbonisation solution and a commercial shipping disruptor. There is no net zero by 2050 without nuclear.” That was the view from ABS Chairman and CEO Christopher J. Wiernicki, speaking at the Core Power New Nuclear for Maritime Houston Summit. Operation of vessels “New nuclear is a transformational technology. It disrupts the commercial model, the economics of shipping, as well as the operation of vessels and of course their d...

With the Hong Kong Convention (HKC) set to take effect this year, shipowners should ensure compliance with regulatory controls and inspections governing ship recycling for their vessels. DNV’s latest guidance paper “Safe and Green Recycling for Ship Owners” outlines how they can work in line with both existing EU Ship Recycling Regulations (EU SRR) and the HKC, coming into effect on June 26, 2025. Ship recycling process Ships often contain hazardous materials that can pose s...

INEOS, the global pioneering petrochemicals company, has selected ITT’s Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS), reinforcing its track record as a trusted specialist in critical equipment for liquefied gas. Cargo pumps for the new vessel INEOS has selected Svanehø...

Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide. This funding will accelerate Next Ocean’s growth, enabling the company to scale production, expand into new markets, and further develop its predictive radar technology. Efficient offshore operations Over the past years, Next Ocean has successfully delivered numerous Vessel Motion Radar systems to pioneering companies in...

Pioneering marine conservation charity, GreenSeas Trust, is proud to announce, three bilingual BinsForGreenSeas have been installed on Pearl Island in Qatar to reduce litter and stop plastics from entering the sea. Located off the coast of Doha, Pearl Island is a popular tourist destination boasting sophistication and luxury. The GreenSeas Trust bins have been positioned at key waterfront locations in the island’s marina, an area popular with tourists and the yachting community. Mar...

Nor-Shipping is promising the global maritime and ocean industries 'a bigger, bolder, better' exhibition and activity programme than ever before in Norway next year, with expansion and new initiatives to serve and support ambitious business developments. These include more exhibition space, greater international involvement, fresh networking opportunities, and a conference programme expanded to encompass Seabed Minerals, LNG and finance (Ocean Invest). Relevance and leadership The event week,...

The International Maritime Cyber Security Organisation (IMCSO), an independent maritime standards organisation, has released its cybersecurity testing methodology for those maritime vessels looking to assess their risk and join the Cyber Risk Registry, a risk register database maintained by the IMCSO. The methodology aims to provide IMCSO-accredited cyber consultants and the senior maritime personnel they will be assessing with standardised testing by outlining test scope and the language...

IRClass Academy, the training arm of the Indian Register of Shipping, successfully conducted a one-day training programme on the Recruitment and Placement Services Licence (RPSL) and the Maritime Labour Convention (MLC) exclusively for Zodiac Maritime Agencies (India) Pvt. Ltd. The training, held on 6th February 2025, was in line with the requirements outlined in the RPSL gazette notification by the Government of India, which mandates RPSL holders to ensure regular training for their personnel....

Avikus, HD Hyundai's autonomous navigation technology developer, announced that it has joined forces with cartography innovator Savvy Navvy to add powerful functionality to its recently released NEUBOAT Dock II. Designed for yachts over 40-feet such as sportfishing vessels, power catamarans, centre consoles and sailing vessels, NEUBOAT Dock II gives boaters a bird’s eye view for easy docking, single or multiple camera views, object detection and a docking assist path. As part of the partn...

The push towards decarbonisation is slowing down rather than speeding up. With ambitious global goals looming ever larger on the horizon, what can we do to re-invigorate collective efforts? And profit from that push?  Ahead of next year’s Nor-Shipping, Knut Ørbeck-Nilssen, CEO Maritime DNV, says efficiency, timing and people are critical to 'getting this show on the road'. Given the subject matter today, Knut Ørbeck-Nilssen seems remarkably optimistic. “I’m...

Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialise the transportation and installation (T&I), of floating offshore wind turbines. Comprehensive solution These new solutions promise to streamline the entire process, from anchor and mooring installation through to electrical cable pull-in, ensuring that turbines are ready to be connected to energy grids, and offer a comprehensive solution for the floating offshore wind market.  Th...

VIKING Life-Saving Equipment is strengthening its position in boat manufacturing by investing in a new state-of-the-art manufacturing facility in Arendal, Norway. The new building covers 3,400 sqm and is designed to meet requirements for high-end freefall boats in the offshore segment and for special boats in the defense segment. Boat manufacturing facilities As the market pioneer in lifeboats and fast rescue boats for the commercial shipping, offshore, and defense segments, VIKING has existi...

A. P. Moller-Maersk (Maersk), one of the world’s largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk’s global fleet of approximately 340 container ships. The agreement will see bandwidth enhancements rolled out across Maersk’s entire fleet of owned container ships between 2025 and 2026. Floating office These upgrades are part of Maersk’s strategic roadmap...

Strategic Marine, a pioneering provider of specialised aluminium vessels, is proud to announce the signing of a new contract with Odyssey Group to build a state-of-the-art multi-purpose survey vessel. Incorporating the proven success of new technologies for operational use in Australia. Under the terms of the agreement, Strategic Marine will construct the advanced survey vessel tailored to meet Odyssey Group’s specific operational needs. Recovery of survey equipment The vessel will also...

Watson Farley & Williams (WFW) and Hogan Lovells jointly advised on three separate greenship financing transactions with an aggregate value of US$1.5bn+. All three transactions, one of which was secured by Chinese ECA Sinosure, were carried out by the Green Loan Principles of the Loan Market Association. WFW advised arrangers, financing banks, and green loan arrangers, with Hogan Lovells acting for Hapag-Lloyd. Capacity expansions In October 2024, Hapag-Lloyd signed two orders for a total...

The Navy League of the United States is proud to announce the release of its 2025-2026 Maritime Policy Statement, a comprehensive report outlining the strategic priorities and legislative recommendations necessary to strengthen America’s sea services. This biennial publication serves as a guiding document for policymakers, industry leaders, and the public, advocating for investments that ensure the continued security, prosperity, and global leadership of the United States through maritime...

Fincantieri is pleased to announce that the Letter of Intent signed with Norwegian Cruise Line Holdings Ltd. (NCLH) on April 8, 2024, has been successfully converted into a firm order for the construction of four new cruise ships for the Norwegian Cruise Line (NCL) brand. This significant agreement, subject to financing and other customary conditions, represents a contract valued at over €2 billion. Comfort, technology, and sustainability With a gross tonnage of approximately 226,000 ton...

ClassNK has issued an Approval in Principle (AiP) for a design concept of a coastal liquefied CO2 carrier jointly developed by Mitsubishi Shipbuilding Co., Ltd. and Nippon Gas Line Co., Ltd. In building the CCS value chain, in addition to large ships transporting CO2 domestically and internationally, coastal vessels that collect CO2 from small-scale emission sites in Japan and transport it to base sites toward overseas storage sites play a crucial role, with demand expected to grow. Approval i...

Alfa Laval has signed an agreement to acquire NRG Marine, a provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications, headquartered in the United Kingdom. The move aligns with Alfa Laval’s strategy to provide its customers with environmentally friendly solutions contributing significantly towards improving operational efficiency, reducing costs, and extending the lifecycle of the asset. Closing of the acquisition is expected during Q2, 2025. Inno...

ABS has stated the maturity of Aikido’s innovative floating wind platform design, the latest stage in new technology qualification. As part of the process, ABS witnessed a successful upending demonstration of the Aikido One unit, a 1:4-scale floating wind platform. The design can accelerate deployment and reduce costs for the rapidly growing offshore wind industry. Collapsed transportation configuration The test exhibited the platform’s ability to quickly deploy from its collapsed...

Russound, an internationally renowned pioneer in premium, multiroom audio, is shipping the much-anticipated D890 Eight-Channel Digital Amplifier. Part of the company’s D-Series amplifiers, the D890 is designed to expand an audio system into multiple rooms or zones or to add increased audio output for larger rooms or outdoor areas where a higher output volume is required. The D890 offers integrators powerful audio performance, source and control flexibility, and streamlined installation, m...

Econowind has surpassed 100 VentoFoil units sold, marking a major milestone in the shipping industry’s shift towards Wind-Assisted Ship Propulsion. The increasing adoption of the VentoFoil system reflects shipowners’ drive to cut fuel consumption, reduce CO₂ emissions, and comply with tightening global regulations. Since the first two units were installed on MV Ankie in 2018, Econowind has steadily expanded its reach. Today, 32 VentoFoil units are in operation, 33 are currently in p...

Offshore wind farms are currently serviced using Crew Transfer Vessels (CTVs) or helicopters for day operations, and Service Operation Vessels (SOVs) for extended periods. What if there were a CAPEX-smart design that reduces building costs by over 50% compared to an SOV and supplements the SOVs on most tasks? Greener energy The world needs greener energy, but high costs are a barrier. Raw material and equipment prices have more than doubled, halting many projects. Can users reduce the financ...

The only on-engine NOx reduction solution for marine two-stroke engines, designed by Swiss marine power company WinGD, will be deployed for the first time on commercial engines after securing type approval. The integrated Selective Catalytic Reduction (iSCR) solution was tested at Mitsui E&S DU (MESDU) Co’s factory in Aioi, Japan, where three WinGD 5X52-S2.0 engines are being built for bulk carriers under construction at a Japanese shipyard. Iteration features The type approval foll...