Saudi Arabia News

Ingeteam’s first project for an electrolyser manufacturer’s test bench has been a great success. The project was the first 100% renewable hydrogen production facility to which the Basque technology company supplied capital equipment in mid-2022. Following system commissioning and several months of operation, its success constituted a green light for further projects with the same customer to generate hydrogen for their mobility solutions. Test bench project Such test bench project...

Global law firm Norton Rose Fulbright has advised the lenders, led by Citi, on the financing and subsequent delivery of Royal Caribbean’s latest flagship vessel, “Utopia of the Seas”. The Norton Rose Fulbright team advised on all aspects of the transaction, including the original financing arrangements and, most recently, the delivery of the vessel. The vessel is the latest Royal Caribbean vessel financed under a French ECA-supported receivable purchase financing and post-deli...

Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI champions the rapid – but responsible – deployment of smart, cost-effective digital tools to tackle climate challenges in the shipping industry. Leveraging machine learning and data insights, AI solutions are a vital front line in reducing fuel consumption and emissions. AI solutions "AI solutions are crucial for squeezing every last drop of efficiency out of the existing fleet amid increasing pressure to dec...

North, a pioneering provider of smart integrated solutions, has been awarded contracts to the value of £1 million by the Port of Aberdeen to improve the safety, connectivity and sustainability of Scotland’s largest berthing port. The contract includes the upgrade and expansion of the port’s CCTV and security systems and the deployment of private 5G, public Wi-Fi and IoT networks to support a range of solutions to improve operations and customer experience. Marine infrastructu...

The shipping community is appalled and deeply saddened with the tragic news that, yet another seafarer seems certain to have been killed in a drone boat strike on Wednesday 12 June while on board the MV Tutor in the Red Sea. They utterly condemn these assaults which directly contravene the fundamental principle of freedom of navigation. Thoughts and condolences go to the family and loved ones of the seafarer who tragically lost their life. It is deplorable that innocent seafarer...

Oceania Cruises, the world's pioneering culinary- and destination-focused cruise line, has revealed the next chapter in its culinary story as it highlights new Relaxed Yet Refined dining venues aboard its eight small, luxurious ships. New sushi and Indian cuisine offerings at Terrace Café and a revamped poolside lunch menu at Waves Grill are in the spotlight as the line redefines The Finest Cuisine at Sea. Winning specialty restaurants Frank A. Del Rio, President of Oceania Cruises, co...

Pioneer shipowner Tsakos Energy Navigation (TEN), which has been a publicly-listed maritime company for more than 30 years, has given its backing to the highly anticipated Headline Conference of London International Shipping Week 2025 (LISW25). The LISW25 Headline Conference will once again be held at the prestigious London headquarters of the International Maritime Organization and will be attended by some of the world’s most prominent shipping and government leaders. There will be much...

Defence giants HII and Babcock have formed a ground-breaking new joint venture and entity – H&B Defence – to accelerate the development of critical sovereign capability for the once-in-a-generation AUKUS conventional armed, nuclear-powered submarine program. H&B Defence combines nuclear submarine and shipbuilding experience from Australia, the United Kingdom and the United States to support the nation’s inaugural nuclear-powered submarine program under AUKUS. Skilled...

As part of a CEF Study project co-funded by the European Union, Port of Rotterdam, in collaboration with the municipality of Rotterdam and various partners in the port of Rotterdam, is conducting four feasibility studies for shore power. This takes place at four large terminals in the port of Rotterdam; the ECT (Amazonehaven), APMT2 (Amaliahaven), VOPAK (Vlaardingen) and the Cruise terminal (Wilhelminakade). The studies consist of different parts; detailed technical studies, environmental and s...

The marine tech company Frugal Technologies is advancing its class-approved Frugal Propulsion, a cost-, fuel-, and emissions-saving system for large vessels. The solution also shows temperature, pressure - and vibration deviations, helping engineers and shipowners make smarter decisions. AI-based control system With an artificial intelligence-based control system, Frugal Technologies has helped shipping companies such as Uni-Tankers, Christiania Shipping, and Royal Arctic Line reduce fuel con...

SRC Group and GREEN MARINE have signed a collaborative agreement that brings two of the strongest advocates of methanol as a marine fuel together to develop and deliver Methanol Superstorage to market. SPS Technology The cooperation aims to realise the benefits available to SRC’s Methanol Superstorage solution, which has been turning heads among owners, builders, repairers, class societies, and insurers since its launch. Using the SPS Technology Sandwich Plate System instead of traditio...

From June 10-13, the U.S. Department of Homeland Security (DHS) partnered with the Government of Indonesia under the U.S. Department of State International Narcotics and Law Enforcement and U.S. Department of Defence Threat Reduction Agency programmes to enhance the security and resilience of the international maritime transportation system. Cybersecurity and incident response This reflects a joint commitment by both nations to strengthen cybersecurity collaboration and protect maritime crit...

Diversity, equity, and inclusion (DEI) have emerged as significant priorities within the maritime industry's pursuit of sustainability. However, the industry's genuine commitment to embracing diversity, particularly concerning sexuality and gender, remains a topic of exploration. LGBTQ+: Beyond acronyms The LGBTQ+ community, comprising lesbian, gay, bisexual, transgender, queer individuals and many other inclusive identities, has long fought for societal acceptance. Historical taboos, social s...

Technology group - Wärtsilä announced it will supply its EnergoFlow and EnergoProFin propulsion solutions to four medium-range ('MR') tankers in the International Seaways fleet.  The devices will be used to upgrade the ships’ existing Wärtsilä controllable pitch propeller system resulting in an estimated five percent (5%) in fuel savings. These will be the first Ice Class 1A FS vessels to be fitted with the EnergoFlow solution. The order was booked by Wärtsil...

Norway-based maritime technology business, Shipnet, has collaborated with Source2Sea in an initiative to drive data-based and transparent catalogue ordering within the maritime supply industry. The PunchOut integration allows Shipnet users to access Source2Sea’s marketplace without leaving Shipnet, optimising the ordering processes onboard and the building and maintenance of procurement product data and assortments. Linking procurement systems Linking procurement systems with supplier c...

It is the launch of the International Maritime Cyber Security Organisation (IMCSO), an organisation that aims to raise the standard of cybersecurity risk assessment across the maritime industry. IMCSO The IMCSO has devised a certification programme for security consultants and a professional register, helping shipping organisations to confidently select experienced personnel. Alongside this, the IMCSO will also validate report outputs to ensure consistency with those reports then held on a ce...

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received orders from Toyofuji Shipping Co., Ltd. (Aichi Prefecture) and Fukuju Shipping Co., Ltd. Shizuoka Prefecture) for Japan's first methanol-fueled roll-on/roll-off (RORO) cargo ships. The two ships will be built at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with scheduled completion and delivery by the end of fiscal 2027. The ships will be approximat...

Watson Farley & Williams advised Crédit Mutuel Impact and Atlante Gestion on their equity investment in SO TOWT to finance the construction of six new sailing cargo ships for TOWT TransOceanic Wind Transport (“TOWT”), the pioneering French low-carbon shipping company. The six new vessels are being built in Brittany’s Piriou shipyards for delivery in 2027. Once operational they will join the first two vessels of TOWT’s fleet, which are expected to enter commerc...

Rolls-Royce’s Power Systems division is expanding its mtu engine programme for military land vehicles to include a hybrid powerpack for special tactical requirements and a 10-cylinder, over 1.100 kW power output, version of the mtu Series 199 which has been extremely successful with NATO forces. Both concepts will celebrate their premiere at the Eurosatory defence trade fair, which takes place in Paris from 17 to 21 June. Rolls-Royce's strategic initiatives Dr Jörg Stratmann, CEO o...

FuelEU Maritime regulations, which will take effect in 2025, will help to encourage investment in research and development (R&D) for the maritime industry. The European Union initiative is aimed at reducing greenhouse gas emissions from ships operating within EU waters.  Adopting cleaner alternative fuels By setting increasingly stringent limits on greenhouse gas (GHG) emissions, FuelEU Maritime makes it clear to the industry that traditional high-emission fuels are not sustainable...

FuelEU Maritime, an EU regulation aimed at promoting the decarbonisation of fuels used on board ships, has entered into force and will apply to all ships above 5,000 gross tonnages calling at EU ports from January 1, 2025. FAQs on the FuelEU maritime In this 'FAQs on the FuelEU Maritime (2nd Edition)', the explanation regarding the responsible entities under the regulation and the necessary regulatory compliance timeline for shipping companies have been added, and the contents have been update...

It was destroyed in an explosion during the Blitz, hosted Cunard liners during the 1960s, and was a key link for trade in everything from sugar to second-hand appliances. Now an industrial site on the Mersey docklands is looking for a new occupier to continue the story of the extraordinary site. The rare lot of land at Huskisson Dock, owned by the UK’s second largest port operator, Peel Ports, will serve as an ideal hub for companies working in the distribution, manufacturing, and sp...

STAR Capital, a pioneering European investment fund manager, is pleased to announce that the STAR IV Fund has signed an agreement to acquire V.Group, a global provider of mission-critical services to the maritime industry.  STAR will lead a consortium of investors including Ackermans & van Haaren and others to partner with V.Group’s management team. The transaction is subject to regulatory consents and is expected to complete in early autumn 2024. Financial terms have not been di...

Energy Solutions, the provider of cost-efficient sustainable hybrid power solutions, was proud to support the 2024 British Marine Electrical and Electronics Association (BMEEA) annual marine apprenticeship competition held at the Seawork Expo 2024. The three-day show in Southampton, Europe’s largest on-water commercial marine and workboat exhibition was a big success, and excitement built for the apprenticeship competition held on the final day. Marine electrical and electronics The Bri...

Ocean Harvesting is currently developing generation 6 of its wave energy converter InfinityWEC in close collaboration with ball screw manufacturer NSK. A ball screw is a very good actuator providing a high ratio between linear motion and rotation to the generator, high efficiency, low weight and long life. However, ball screws are sensitive to the side forces and bending moments in the PTO caused by the surge motion of the buoy and high speeds that may occur in large waves. This challenge in th...

MacGregor, part of Cargotec, has received a large order for its 50-tonne active heave compensated (AHC) crane to be installed on board MMA Valour, a versatile and flexible multi-purpose platform supply vessel. The vessel has a proven track record in servicing a broad range of offshore work scopes across the energy and offshore wind sectors. The contract has been booked into Cargotec’s second-quarter 2024 order intake, with crane supply scheduled for the third quarter of 2025. Successful d...

Global demand in subsea markets for oil and gas continues to help drive growth at manufacturing, assembly and testing specialist Express Engineering, which is investing in capital equipment and its workforce. The international business, based in Gateshead in the North of England, has been enjoying buoyant growth during the last 12-18 months – growing its workforce while building a record pipeline of new work. With buoyant oil and gas prices and optimistic five-year forecasts from ene...

In 2022, Babcock and Barnacle Systems Inc. (Barnacle), an award-winning manufacturer of remote security and monitoring systems, formed a partnership through an Industrial and Technological Benefits (ITB) investment to support the completion of Barnacle’s marine vessel remote monitoring and security device known as ‘BRNKL Black’. Following the successful launch of BRNKL Black, both companies committed to building on their partnership and continued to seek additional oppo...

ABS has published a new notation that enables containership operators to load an additional tier of containers on deck with reduced risk of loss due to parametric rolling. CLP-V(PARR) combines the ABS Computer Lashing Program notation with mandatory Parametric Roll guidance to allow operators to optimise stowage and lashing of containers without loss of safety margin. Flexible loading configurations “Optimising container loading is key to efficient vessel operations but also has a found...

The International BoatBuilders’ Exhibition and Conference (IBEX), North America’s premier technical trade event for the recreational marine industry will take place at the Tampa Convention Center, October 1 - 3, 2024.  “We look forward to welcoming the marine industry once again to Tampa for this year’s Show,” said Anne Dunbar, IBEX Show Director. Technology and techniques “IBEX is where the industry comes together to do business and learn about the la...