Palestine News

DNV has awarded an AiP to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for its innovative vacuum-insulated large-scale liquefied hydrogen tank, another advancement in providing practical storage solutions for liquefied hydrogen (LH2). Large-scale liquid hydrogen storage Developing cost-effective and flexible large-scale liquid hydrogen storage with higher safety, and lower operational and capital cost is essential if LH2 is to realise its promise for decarbonising industries, suc...

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, announced that it raised $56 million in venture financing, bringing the total raised since inception to more than $270 million. The round was co-led by existing investor - Aramco Ventures and new investor - SV Investment.  Additional new investors Additional new investors participating in the round include Samsung Heavy Industries, BHP Ventures, Hanwha Investment & Securities, AFW Partners, Quantum Ventu...

Carbon capture and storage (CCS) can contribute to decarbonisation of the maritime industry, especially when combined with other approaches. CCS allows ships to continue using fossil fuels while capturing and storing the emitted CO2. It’s a helpful interim approach if a vessel’s immediate transition to alternative fuels is not feasible due to infrastructure limits or technology constraints. CCS can extend a vessel’s operational lifespan, both reducing emissions from existing v...

The Coast Guard Foundation, a non-profit organisation committed to strengthening the Coast Guard community and service by supporting members and families, extends its heartfelt appreciation to its 2024 Anchor Sponsors for their remarkable generosity. Anchor Sponsors make an annual commitment to the Foundation at leadership levels that play an integral role in supporting Coast Guard members and families who serve the nation. Coast Guard Foundation’s mission The Foundation is proud to re...

Indian Register of Shipping (IRS), a pioneering international classification society, is proud of its growing role in advancing India's defence capabilities through its participation in major new construction projects for the Indian Navy and Indian Coast Guard, thereby taking a major step forward in realising a self-reliant defence manufacturing capability, as envisioned under the Atmanirbhar Bharat initiative. Major new construction vessels Recently, ‘steel-cutting’ took plac...

Nor-Shipping is enhancing its conference programme for 2025 with a bold line-up of new events targeting evolving ocean business opportunities. This year’s Nor-Shipping, taking place 2-6 June in Oslo and Lillestrøm, Norway, sees the arrival of dedicated conferences focused on financing, LNG, and seabed minerals. It’s a revamp that, notes Sidsel Norvik, Nor-Shipping Director 'meets growing demand, while also highlighting both opportunities and challenges for future business po...

According to DNV’s latest white paper “Biofuels in Shipping”, key biofuels like FAME and HVO have great potential for reducing greenhouse gas (GHG) emissions and supporting compliance with maritime regulations, but their benefits to the industry could be constrained by limited supply in the future. With biofuel use expected to increase, the paper also highlights the importance of its safe introduction, outlining critical operational and technical considerations. Shipping&rsqu...

A new era of offshore operations has begun with the successful delivery of REACH REMOTE 1, a 24-metre unmanned surface vessel (USV) designed by Kongsberg Maritime. This ground-breaking achievement marks a significant milestone through collaboration between Kongsberg Maritime, REACH SUBSEA ASA, Massterly, and Trosvik Maritime. Intensive sea trials Designed to revolutionise offshore operations, the REACH REMOTE 1 is packed with cutting-edge KONGSBERG technology. Its delivery foll...

The Maritime Standard announces that the Ship Finance and Trade Conference 2025 will take place on Tuesday, 18th February 2025, at the Taj Exotica Resort, The Palm, Dubai, United Arab Emirates (UAE). This prestigious event will gather global leaders, financial experts, and key stakeholders from the maritime industry to discuss innovative financial strategies and sustainable solutions that will shape the future of ship finance and trade. ‘Financing Green Shipping Solutions’ The the...

International Chamber of Shipping (ICS) Publications is proud to announce the release of the sixth edition of the ICS Guide to Helicopter/Ship Operations, an essential resource that has been setting the standard for safe and efficient helicopter/ship interactions for almost 50 years. Recognised as the go-to reference for shipping companies and crew, the Guide has been meticulously updated with input from pioneering experts in both the maritime and aviation sectors, including the Civil Aviation...

Technology group Wärtsilä will supply its EnergoFlow solution and Fixed Pitch Propellers (FPP) for three Pure Car/Truck Carrier (PCTC) vessels owned by Sallaum Lines – an international RoRo cargo operator. The combination of these upgrade solutions will notably improve the propulsion efficiency of these existing vessels, in turn reducing fuel consumption and CO2 emissions. The order was booked by Wärtsilä in Q4 2024. 2050 Net-zero goals To meet th...

DNV has launched a new family of class notations, Autonomous and Remotely Operated Ships (AROS), providing a framework for how autoremote vessels can achieve equivalent or higher safety compared to conventional vessels. Autonomous shipping, ranging from remote control operations to fully unmanned vessels, marks a major advancement in the maritime industry. Regulatory frameworks While these progress hold great promise, regulatory frameworks are still being developed These solutions can delive...

Lloyd’s List Intelligence, a pioneering maritime data, insights and analytics provider, announces the acquisition of Infospectrum, an independent provider of counterparty risk appraisal reports & data, due diligence research and KYC intelligence.  This acquisition expands Lloyd’s List Intelligence’s ability to deliver market-pioneering analysis and risk management intelligence solutions. The integration of Infospectrum’s comprehensive counterparty risk appr...

KR (Korean Register) has awarded the world's first Approval in Principle (AIP) to HD KSOE for its breakthrough vacuum-insulated large-scale liquid hydrogen tank system, marking a significant advancement in clean energy transportation technology. The AIP follows the successful completion of validation tests, demonstrating the system’s feasibility and innovative design. The transition to a hydrogen-based society demands advanced technologies for the large-scale transportation and storage of...

The Northern Lighthouse Board’s new vessel, POLE STAR, currently under construction at GONDAN Shipbuilders, Castropol, Asturias, Spain, was launched on 14 January 2025. The vessel successfully left the slipway and entered the Ria del Eo before being towed to a berth at the shipyard. Safety service to mariners Phil Day, Director of Operations with the Northern Lighthouse Board (NLB), said: "This is a momentous occasion for the shipyard and for NLB. To see the vessel successfully launch i...

Lloyd’s List Intelligence, a globally renowned maritime data, insights and analytics provider, announces the acquisition of Infospectrum, an independent provider of counterparty risk appraisal reports & data, due diligence research and KYC intelligence.  This acquisition expands Lloyd’s List Intelligence’s ability to deliver market-renowned analysis and risk management intelligence solutions. The integration of Infospectrum’s comprehensive counterparty risk appr...

Gibdock has announced the launch of Gibdock Yachting as a dedicated division focusing on a key area of business growth for the Gibraltar ship repair and maintenance yard. Gibdock Yachting will build on Gibdock’s long-standing expertise in maintaining and refitting superyachts. It will also work in a strategic partnership with BWA Yachting - the world’s largest superyacht agency and yachting services provider – to communicate the yard’s reputation for high quality and on...

Scienco/FAST, along with UniBallast, B.V. based in Rotterdam, The Netherlands, proudly announces the launch of the portable InTankFITT® Container, a containerised version of its revolutionary filterless Ballast Water Treatment System (BWTS), InTank®. InTankFITT® Container Designed to address the growing regulatory and operational challenges in ballast water management, this solution represents a major advancement in maritime technology. Compact and Portable Design: The container...

Watson Farley & Williams ('WFW') advised Euromont Shipping Company S.p.A. ('Euromont'), as seller, and Navigazione Montanari S.p.A. ('Navigazione Montanari'), as bareboat charterer, on the sale and leaseback of oil chemical tankers - 'Valleblu' and 'Valturchese' to two Japanese leasing companies. The Valleblu, originally under the International Ship Registry held with the Port Authority of Trieste, is currently registered by new owner - Kimura Shoji/Kt Neo Marine under the Panama Ship Regis...

Watson Farley & Williams (WFW) advised the Eurazeo Sustainable Maritime Infrastructure ('ESMI') fund on a sale and lease back transaction to be entered into with Mainport Shipping Ltd ('Mainport') for the pre- and post-delivery lease financing of the hybrid survey and ROV support vessel - 'Geo Master'. The vessel is currently under construction at Neptune Construction B.V., a shipyard in the Netherlands. Supporting the growing European offshore wind market, the vessel is scheduled for deliv...

Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting new chapter for both organisations, as they come together to better serve their customers with comprehensive, innovative solutions and a shared commitment to excellence.  Both Navarino and Castor Marine are thriving businesses with strong growth trajectories. Each serves a complementary set of customers, with whom they have co-created tailor-made technol...

According to the latest data from DNV’s Alternative Fuels Insights (AFI) platform the maritime industry’s exceptional newbuilding year 2024 drove a significant rise in orders for alternative-fuelled vessels. A total of 515 such ships were ordered, representing a 38% year-on-year increase compared to 2023, underscoring the industry's growing commitment to decarbonisation. Demands for sustainable practices The growth in alternative-fuelled vessel orders has been heavily driven by th...

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall. The strikes were set to begin on 15 January and would have forced the closure of ports from Maine to Texas. This has now been averted after a tentative agreement over a new six-year master contract was reached between the International Longshoremen’s Association (ILA), which re...

Figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of the International Association of Dry Cargo Shipowners (INTERCARGO) on 31 December 2024, after six years of distinguished leadership. Fafalios's pivotal role Industry pioneers have praised Mr. Fafalios's pivotal role in strengthening international shipping standards during a period of unprecedented change, noting his success in expanding INTERCARGO's influence, while...

Inmarsat Maritime, a Viasat company, supported by Maritime London, have established SEA-CARE as a new working group of stakeholders from industry, regulators, and the UK government whose goal is to scrutinise maritime safety and how pooling information can improve it. The new working group establishes Maritime London as an impartial broker to ensure that the right organisations are represented in SEA-CARE discussions between Inmarsat and industry stakeholders. Jos Standerwick, Chief Executive,...

Kongsberg Discovery has reached an agreement to acquire Naxys Technologies AS. The Bergen-based company is a world pioneer in technology for underwater environmental monitoring, with a specialism in recognising the sound of oil and gas leaks. The oceans are crucial for solving global challenges related to climate, food and security. CEO Geir Håøy of KONGSBERG points out that Naxys fits well into the company's technology portfolio. Advanced sensor and underwater robotics The ratio...

Watson Farley & Williams (“WFW”) advised Viking Ocean Cruises (“Viking”) on the delivery of the ocean ship - 'Viking Vela' from Fincantieri's Ancona shipyard, Italy. The 'Viking Vela', the 11th ship delivered to Viking by the Fincantieri Group, is built according to the latest navigation and safety regulations. It is also equipped with high-efficiency engines and systems that minimise the pollution of exhaust gases and that meet the strictest environmental requiremen...

Kongsberg Digital and PSA Marine Pte. Ltd. have entered into a strategic collaboration to enhance maritime harbour pilot training, leveraging cutting-edge simulation technology to equip PSA Marine’s harbour pilots with advanced skills to navigate the growing complexities of maritime operations, including autonomous ships and sustainable propulsion systems. Integrated marine services Headquartered in Singapore, PSA Marine provides integrated marine services, which are primarily pilotage a...

Leask Marine was delighted that Haventus put their trust in their team to support their shared vision to return the Port of Ardersier to a fully working commercial port.  The Leask team spent the 2024 summer season performing a UXO and debris clearing campaign with their marine spread consisting of vessel & barge fitted with excavators, hoppers, graders, and metal detectors to remove any potential debris ahead of the dredging campaign in 2025.

As part of its strategy to penetrate new and emergent markets, Thordon Bearings has appointed Axioma servisas as its sales, service, and distribution lead for Lithuania.Lithuania has been one of the fastest-growing economies in the EU over the past five years. The country continues to actively develop its maritime, manufacturing, and renewable energy sectors, as part of government policy to strengthen the country’s industrial competitiveness. Technology solutions Vilnius-headquartered...