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Swiss marine power company - WinGD is to integrate hybrid power and energy systems on four 113,600 DWT, wind-assisted tankers under construction for Union Maritime Limited (UML). The agreement marks the first time that WinGD’s X-EL Integrated Energy solution will be deployed with wind-assisted propulsion systems, ensuring optimal use of power generated by the main engine and the sails onboard. WinGD X-EL energy management system The vessels are also the first on which WinGD will apply i...
Technology group - Wärtsilä will upgrade the Wärtsilä RT-flex main engines on two bulk carrier vessels owned by Turkey-based Ulusoy Sealines. The planned engine retrofits and upgrades will extend the vessels’ operational life and improve both performance and fuel efficiency, thereby significantly reducing emissions. The orders were booked by Wärtsilä in Q4 2024 and Q1 2025. Initial delivery of vessels The aim of the upgrade is to align the engines’ pe...
Watson Farley & Williams (“WFW”) advised NAI Int Malta Ltd. (“NAI”) on the bareboat charterparty and subsequent sale of the M/v Aethalia to TSL Panama SA, a company owned by Peru’s Transgas Shipping Lines SAC (“Transgas Shipping”). The M/v Aethalia, a motor tanker built at Soli Deniz Cilik Ltd. shipyard in Istanbul in 2008, is currently registered with the Malta Ships Registry. Its sale and charter align with both NAI and Transgas Shipping’s s...
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna: as the US-based company seeks an ultra-reliable solution to best serve operational and crew connectivity. By combining multiple network underlays in one fully managed, bonded solution, Inmarsat’s NexusWave enables applications to leverage the aggregate capacity of all a...
In a landmark event, a meticulously reconstructed 5th-century wooden stitched ship was launched into the waters of the Mandovi River in Goa. This endeavour, a collaborative effort between the Ministry of Culture, the Indian Navy, and Hodi Innovations Pvt. Ltd., signifies a monumental step in reviving India's ancient maritime traditions. Modern stability and strength needs IRS has been instrumental in this project, ensuring that while the vessel retains its historical design Indian Register o...
The English Commercial Court (the “Court”) has provided helpful clarity on the extent of damages available to a claimant shipowner for the late redelivery of a vessel under a time charter where there is evidence that the owner of the vessel would have been unable to enter into a subsequent charter for the vessel. In such circumstances, only nominal damages will be recoverable, as no actual loss has been suffered. Background Hapag-Lloyd AG (the “Charterers”) entered i...
In recognition of its exceptional achievement in maintaining a safe work environment, the National Safety Council (NSC) presented ABS with two safety awards. The NSC is a globally recognised nonprofit organisation committed to eliminating leading causes of preventable death and injury in the workplace and on roadways. Their awards program recognises organisations and individuals who have made significant contributions to upholding the safety of their workplaces and communities. ABS’ acco...
On the occasion of its 50th Foundation Day on 4th April 2025, the Indian Register of Shipping (IRS) achieved a remarkable milestone by setting an Indian record for the ‘Largest Corporate Flag made on cloth’, as recognised by the India Book of Records. The massive flag, measuring 60 feet by 40 feet, was unfurled within the IRS Head Office premises. Adorned with the organisation’s logo, emblem, and corporate colours, the flag stands as a bold and symbolic representation of...
Transport Secretary, Heidi Alexander, said: “Today we mark significant progress in our journey to creating a greener, cleaner planet with a landmark agreement at the International Maritime Organization." “We have worked closely with international partners to forge a path for sustainable shipping internationally and secure a prosperous, resilient sector, laying a strong foundation for the future." Development of clean fuels Alexander added: “This deal means t...
How to take the industry’s ‘ultimate planning tool’ and improve it? Giving users what they need, often before they know they need it, and staying ahead of evolving trends and regulations? Timo Essers, e-Navigation Director at NAVTOR, explains the philosophy driving the continual evolution of NavStation, while outlining the headline updates to the soon-to-be released NavStation 6.4. Navigators and shipping businesses "When you have products and services onboard over 18,000 ve...
Thetius, the globally renowned specialist maritime technology research firm, has partnered with specialist marketing and communications agency - Wake Media to deliver a unique service offering to its clients. The partnership creates an integrated, end-to-end research and communications service built on Thetius’ renowned expertise in market intelligence and Wake Media’s proven track record in powerful multi-channel campaign strategy and execution. Thetius and Wake Media partnership...
ClassNK has issued an approval in principle (AiP) for an Onboard Carbon Capture and Storage system (OCCS) developed by Mitsubishi Shipbuilding. The certification confirms its feasibility from regulatory and safety perspectives. Interest in CO2 capture the method from exhaust gases is growing alongside fuel conversion as part of efforts to reduce GHG emissions from ships. In response, the development of OCCS is progressing. Safety requirements for OCCS ClassNK will often strive to contribute t...
Brunvoll has signed a contract with Rizhao Gangda Shipyard for the delivery of an extensive propulsion, manoeuvring, and dynamic positioning system for an Emergency Towing Vessel (ETV). The vessel is owned by Smit Lamnalco, a subsidiary of Boskalis, and will operate for the Austral Maritime Safety Authority. Its mission is to protect the marine environment around the Great Barrier Reef and Torres Strait – some of the most precious marine areas in the world. Brunvoll twin-screw prop...
Sentinel Marine, a member of the Cyan Renewables Group, has signed a shipbuilding contract with Jiangmen Hangtong Shipbuilding Co., Ltd for the construction of a 65-metre multi-role energy support vessel to join their fleet, with options for a further three vessels. The new vessel will bring the fleet number to 15. The initial vessel in this innovative new class is scheduled for delivery in Q2 2027. The newbuild will be a DP2 vessel with a deadweight of 1,600 tonnes, with 375m² of clear de...
Fincantieri, a pioneer in complex shipbuilding, and Accenture, one of the world’s pioneering professional services companies, have signed an agreement to establish Fincantieri Ingenium, a new joint venture. The company will be owned 70% by Fincantieri NexTech – a subsidiary of the Fincantieri Group – and 30% by Accenture. The initiative stems from a Memorandum of Understanding signed in July 2024 and combines Fincantieri’s technological expertise in the naval sector...
Yanmar Power Technology Co., Ltd. (Yanmar PT), a subsidiary of Yanmar Holdings, has received an Approval in Principle (AiP) for its GH320FC Maritime Hydrogen Fuel Cell System from the classification society, DNV. The GH320FC is designed as a next-generation power source for marine applications with an innovative design that facilitates easy installation on various types of vessels. The system also allows for multiple units to be connected in parallel and offers flexibility in the number of hydr...
Collaboration between countries and sectors needs to strengthen as the North Sea undergoes a period of diversification, according to a new report from DNV. North Sea Forecast: Ocean’s Future to 2050 estimates that offshore wind will claim 9% of the North Sea space by 2050, and policies to promote cross-industry collaboration are required to ease spatial planning pressure. The North Sea hosts Europe’s busiest ports, produces most of Europe’s offshore energy, and is the ar...
Technology group Wärtsilä has introduced a new methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine. The new technology, which converts Wärtsilä 50DF dual-fuel (DF) engines to spark gas (SG) operation, enables a more optimised combustion process, thereby improving efficiency and lowering methane emissions. Wärtsilä 50DF engine Whilst operating on LNG, the new ‘Spark Gas Conversion for Wärtsilä 50DF’ is designed to...
Hefring Marine, an Icelandic pioneer in intelligent marine technology, and Marine AI, a UK-based pioneer in autonomous vessel control systems, announced a new mutually beneficial partnership. This collaboration aims to enhance autonomous maritime operations by integrating Hefring Marine’s Intelligent Marine Assistance System (IMAS) with Marine AI’s GuardianAI autonomy suite. Hefring Marine’s IMAS Hefring Marine’s IMAS will complement GuardianAI’s exis...
ABS Consulting has published an insightful new paper highlighting how aligning cybersecurity initiatives with key operational readiness principles enables organisations to develop a comprehensive strategy that enhances both operational resilience and guest safety. Maritime cybersecurity A Strategic Approach for the Cruise Industry, is the second in an industry-pioneering series on maritime cybersecurity that builds on ABS Consulting’s work supporting cruise clients’ safety co...
Cargotec Corporation has signed an agreement to sell its MacGregor business area to funds managed by Triton, for an enterprise value of EUR 480 million (“the Transaction”) to support Hiab’s future growth. Cargotec’s shareholders Transformation into a standalone Hiab is expected to take place on 1 April 2025. Cargotec’s transformation project, including listing Kalmar as a separate company, preparing Hiab for its standalone future and finding a solution for Ma...
Technology group - Wärtsilä is set to expand its state-of-the-art technology centre - Sustainable Technology Hub in Vaasa, Finland, with a €50 million total investment. Expanding the R&D testing capabilities and facilities will enhance Wärtsilä’s ability to meet the growing demand for developing and delivering sustainable technologies in marine and energy and to support fuel applications needed in the future. Smarter engine development Wärtsil&aum...
HEMEXPO, a pioneer marine equipment manufacturers and exporters association for the international shipping industry, has joined the EU HORIZON Innovation Action project entitled 'Sustainable Emission Abatement Strategies & Technologies for Advanced Revolution Ships'. Maritime decarbonisation drive SEASTARS will provide shipowners with market-ready solutions for retrofitting and newbuildsThe groundbreaking initiative aims to achieve a minimum 30% reduction in well-to-wake greenhouse ga...
Kongsberg Discovery, a pioneer in underwater robotics and sensor technologies, has unveiled Geomatics, a new digital product designed to transform how ocean data is captured, managed, and accessed. Vessels and shore-based teams Launched at Ocean Business 2025, the solution enables both traditional and uncrewed vessel operators to streamline data operations, unlock operational insights, and improve global collaboration between vessels and shore-based teams. Geomatics is the latest additio...
ClassNK has granted its Innovation Endorsement for Products & Solutions to the confined space drone with ultrasonic thickness measurement attachment 'Elios 3 UT Payload' developed by Flyability. In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement for Products & Solutions. ClassNK supports the deployment of products and services through third-party certification for equipment and software technology with innovative functio...
Lloyd’s List Intelligence, a pioneer in maritime data, insights, and analytics, is pleased to announce its partnership with Dataloy Systems, a pioneering provider of voyage management solutions, marking a significant milestone in advancing compliance and decision-making processes within the maritime industry. This collaboration integrates Lloyd’s List Intelligence Risk and Compliance data into Dataloy’s Voyage Management System (VMS) via Dataloy Widgets, providing maritime pro...
Fincantieri and Viking announced the first cruise ship in the world to be powered by hydrogen stored onboard for both propulsion and onboard electricity generation, the “Viking Libra”. The vessel is currently under construction at the Fincantieri Ancona shipyard, with delivery scheduled for late 2026. Operating with zero emissions Designed with sustainability in mind, the ship will be capable of navigating and using with zero emissions With a gross tonnage of approximately 5...
Funds advised by Triton have signed an agreement to acquire MacGregor, a pioneer in maritime cargo handling, from its parent company - Cargotec Corporation. The transaction, which is subject to regulatory approvals and other customary closing conditions, is expected to close by July 1st, 2025. Following completion, Triton intends to form a standalone company. Maritime transportation Triton has pioneering experience in carving out businesses from blue-chip corporates MacGregor...
On its 50th Foundation Day – 4th April 2025, Indian Register of Shipping (IRS) marked a historic milestone as India Post released a Special Cover commemorating 50 years of IRS’s excellence in the maritime industry. This prestigious philatelic tribute highlights IRS’s contributions to maritime safety, environmental sustainability, and regulatory compliance, symbolising its significant impact on the global maritime sector. IRS evolution and commitment IRS released th...
Fincantieri has signed an agreement with Carnival Corporation & plc for the design and construction of two new cruise ships for AIDA Cruises, the pioneering cruise line in the German-speaking cruise market. The value of the agreement for the two ships, subject to financing and other typical terms and conditions, is considered as very important. This marks the first time that Fincantieri will build cruise ships for AIDA Cruises, thus reinforcing its strateg...
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