Saudi Arabia News

Strategic Marine is delighted to announce the signing of a significant contract with Mainprize Offshore for the construction of six state-of-the-art Supa Swath vessels, with an option for an additional six vessels. Memorandum of Understanding This agreement follows the Memorandum of Understanding (MoU) signed at Seawork in June, Europe’s largest on-water commercial marine and workboat exhibition and the recent deliveries of MO10 & MO 11, the latest additions to the Mainprize fleet ea...

Global safety solutions provider - VIKING Life-Saving Equipment and firefighting systems supplier - FAIN Co., Ltd. have signed an exclusive worldwide agreement for VIKING to provide certified services for marine fire systems and equipment delivered and installed by FAIN. FAIN supplies the full spectrum of firefighting systems for marine use, including CO2, foam, DP, water mist, sprinkler, alternative gases, and more. Headquartered in Yangsan, South Korea, the company is a major supplier to ship...

Maritime industry pioneers from the U.S. and Canada traveled to ABS’ World Headquarters to discuss the latest marine market trends in emerging ammonia, hydrogen, and carbon economies, offshore renewables, and nuclear energy. Cutting-edge academic research, technology, and sustainability initiatives were also highlighted at the annual ABS North America Regional Committee. Safety and high performance "We believe there is a high correlation between organisations who embrace safety and high...

Fincantieri and Crystal, the pioneer in exceptional cruise experiences, announced the finalisation of an order for the construction of one state-of-the-art high-end cruise ship, following the exercise of the option granted under the two-unit agreements disclosed to the market on June 27. The value of this agreement, subject to financing and other terms and conditions, is considered as large. Interior designs The ship will feature all-suite accommodations, with private verandas The new u...

The acquisition of ESA Service S.r.l, (ESA Service), a company designing and manufacturing leak detection and gas recovery systems, has been completed and the company has become part of Atlas Copco Group.  ESA Service is headquartered at its manufacturing location in Treviglio, Italy. The company has 40 employees and in 2023 revenues amounted to 10.3 MEUR (MSEK 118). The purchase price is not disclosed. The company has become part of the Scientific Vacuum division w...

Many visitors to the joint stand of the Port of Hamburg and Hamburger Hafen und Logistik AG (HHLA) during the China International Import Expo (CIIE) in Shanghai are interested in the green transformation of supply chains. The change towards more sustainable logistics can only succeed at the international level. Accordingly, the Port of Hamburg is presenting itself at the China International Import Expo (CIIE) in Shanghai 2024 under the motto ‘Sustainable Development in the Context of th...

On Saturday 9 November, land operations at all the container terminals of the Port of València: MSC Terminal Valencia, APM Terminals Valencia, and CSP Iberian Valencia Terminal will start at 8:00 a.m. and work will be uninterrupted until 13:00 hours. This schedule guarantees the functioning of the logistics chain and the supply of essential products while allowing workers to combine their working hours with volunteer work in cleaning, distribution, and aid to the citizens of the towns...

The aim of the recently agreed cooperation between the two German technology companies AVAT and Kompressorenbau Bannewitz GmbH (KBB) is to make turbocharger technology for large combustion engines even more powerful and efficient through digitalisation. Turbochargers are a key factor for the performance and efficiency of internal combustion engines used in ships and stationary power plants for energy generation. Innovative digital solution New hardware and software will be able to collect and...

Wärtsilä Gas Solutions, part of technology group - Wärtsilä, will supply Nordic energy company - Gasum with biogas upgrading and liquefaction solutions for their new bioLNG plant. The plant will produce high-quality bioLNG from agricultural and organic household waste. The order was booked by Wärtsilä in Q4 2024. When operational, the Wärtsilä offering will be capable of producing 25 tons of bioLNG per day. bioLNG is formed by purifying biogas to high-qua...

San Francisco-based maritime technology company - Sofar Ocean announces a partnership with the U.S. Naval Meteorology and Oceanography Command’s (CNMOC) Fleet Weather centres in Norfolk (FWC-N) and San Diego (FWC-SD).  Wayfinder platform FWC-N and FWC-SD, the Navy’s two primary weather forecasting centres, are piloting Sofar’s Wayfinder platform to support the routing of naval vessels at sea. The FWCs are utilising Wayfinder to identify safe and efficient route options...

Peters & May Commercial, also Commercial Marine Transport (CMT), a provider of global commercial shipping and logistics solutions, is proud to announce the launch of its new, dedicated website. This launch comes in recognition of the commercial department's substantial growth since Peters & May first invested in the sector in 2016, aiming to better the customer experience and showcase its service offerings. New website Offering a tailored platform for all commercial clients and prospe...

Pound for pound the global shipping industry is certainly not one of the main culprits when it comes to carbon emissions and human-induced climate change. Despite the maritime sector handling 90% of the world’s trade it accounts for just 3% of all human CO2 emissions. However, the industry still has to do its bit to combat global warming and has committed to becoming net zero by 2050. Cost and complexity But the cost and complexity of this transition is immense and the industry faces hu...

Maritime UK is delighted to launch the Maritime Future Leaders' Network, a new initiative aimed at supporting the next generation of pioneers in the maritime sector. Designed for ambitious young professionals who are aspiring to build successful careers in the maritime with a desire to expand their professional networks, establish connections, enhance their confidence, and contribute to a more dynamic and diverse maritime workforce. Nationwide initiative Through the Maritime Future Leaders'...

Strategic Marine is pleased to announce a new contract with OEG Renewables, part of the OEG Energy Group, for a next-generation Crew Transfer Vessel (CTV) for Taiwan. This vessel, named Wey Feng, will be the fourth StratCat 27 that Strategic Marine is building for OEG—a testament to OEG’s confidence in our vessels and our ongoing commitment to supporting their offshore operations across the Asia Pacific. Offshore wind sector The Wey Feng is a BMT-designed, 27-meter alumi...

U-Boat Worx, the world pioneer in personal submersibles, proudly announces the launch of its 60th submarine. Marking a significant milestone in the company’s 20-year history, the latest addition to their fleet is a bespoke Super Yacht Sub 3, crafted exclusively for a client and outfitted in a striking metallic bronze colour scheme. Submarine innovation Founded in July 2005, U-Boat Worx set out with a vision to make the deep sea more accessible for private explorers and researchers ali...

SAIM Industrial chooses the international stage of EIMA International - Hall 15 - Stand D20 - to officially present its first integrated hybrid engine in P2 configuration, designed in-house. The new integrated hybrid engine has been developed by the SAIM Research & Development Integrated Solutions Division.  Integrated hybrid engine Set up at the end of 2022 to work on integrated hybrid solutions for various applications, the SAIM R. & D. Division focused on the needs of potentia...

Furuno is delighted to announce that its subsidiary, Furuno Hellas S.A. (Greece), is taking a major leap forward with the first new building contract from Maran Tankers Management Inc. (MTM) in Greece.  MTM, the oil tanker shipping unit of Angelicoussis group led by Ms. Maria Angelicoussis, which owns more than 50 tankers, has ordered eight newbuildings of the 155,500 DWT LNG dual-fuel vessel Suezmax from New Times Shipbuilding plus three shuttle tankers from Daehan Shipbuilding and has...

Chevron Marine Lubricants, a subsidiary of Chevron Corporation, has further extended its global supply capacity to include Port Elizabeth, South Africa. This expansion notably enhances the company’s ability to serve vessels taking the longer route to avoid current conflict areas. It also represents a strategically important addition to Chevron’s distribution network in the southern region. Customer service and supply The expansion has been made possible through close collaboration...

Longstanding marine power solutions expert, Fischer Panda UK has recently enhanced its portfolio with the latest power technology innovation from Integrel Solutions. Integrel Solutions’ system, an advanced e-power system for the marine sector, revolutionises the way vessels are powered, offering an efficient and environmentally friendly alternative to traditional power sources. Range of marine applications This solution is ideal for a wide range of marine applications, including leisure...

Babcock has signed a memorandum of understanding (MOU) with the Republic of Korea technology company LIG Nex1, bringing together the capabilities of both organisations to grow opportunities in maintenance, repair, and operations (MRO), training centre management, and weapons systems technology markets.        The signing ceremony was held during the EURONAVAL 2024 exhibition in Paris, France, with senior representatives from both companies in attendance, inc...

Pennine Pneumatic Services Limited (PPS), a compressed air distributor in Yorkshire, UK, has become part of Atlas Copco Group. PPS is based in Brighouse in Yorkshire, England, and was founded in 1991, but also has branches in Sheffield, Hull, Leigh, and Alfreton. The company has 84 employees across the five locations. Energy-saving advice and solutions PPS offers energy-saving advice and solutions to manufacturers and other industries with applications that rely on compressed ai...

Lloyd’s List has been the trusted source for news and intelligence about the global shipping industry for nearly 300 years. Now its award-winning journalism and expert analysis are available instantly, anywhere, with the launch of the new Lloyd’s List App.  Available on the App Store for iOS users and Google Play store for Android devices, the new Lloyd’s List App has a suite of customisable features to keep users connected to the trends, issues and events that matter in...

Multraship Towage & Salvage held a christening ceremony on Friday, 1 November, to name their newest tug, MULTRATUG 36, in the port of Terneuzen, the Netherlands. The vessel is a Damen ASD Tug 3212. MULTRATUG 36 is the latest delivery from the order of three tugs Multraship placed with Damen to expand its fleet further to meet additional customer and project requirements. Towage and salvage services Jacqueline Pey, the spouse of Chris Pey, Multraship’s Senior Commercial Manager, did...

In a strategic move to become a complete service provider while enhancing the level of support delivered to the crane, marine, and offshore industries, lifting solutions specialist - Hendrik Veder Group UK has announced a new cooperation with an England-based load test expert.  New regional service This new agreement will see the Scottish branch of Hendrik Veder Group UK diversify its output by offering a new regional service for the longstanding firm, via the distribution and l...

Dutch startup - SeaO2, specialising in innovative carbon (CO2) removal technology from seawater, announces receiving €2+ million in new investments. DOC technology Utilising its breakthrough Direct Ocean Capture (DOC) technology, which efficiently extracts CO2 from seawater, SeaO2 aims to mitigate climate change by returning carbon-free water to the ocean, enhancing its ability to absorb CO2 from the atmosphere. This funding will accelerate the development of its pioneering technology an...

Eco Wave Power Global AB, a publicly traded onshore wave energy technology company announced the appointment of Ran Atias as Vice President of Engineering for the Eco Wave Power Group. Mr. Atias will begin his employment immediately and will be based in Eco Wave Power’s headquarters in Tel Aviv, Israel. Ran Atias Mr. Atias holds an MBA and a B.Sc. in Mechanical Engineering from Ben-Gurion University and joins Eco Wave Power with broad experience in the management of high-complexity me...

The business of Air Way Automation Ltd (Air Way), a supplier of automated bolt-feeding solutions to the automotive and general industries, has become part of Atlas Copco Group. Air Way is headquartered in Michigan, USA, and has 98 employees. Automation acquisition “This acquisition complements one of our recent acquisitions and will further strengthen Industrial Technique’s offering in the area of automation,” said Henrik Elmin, Business Area President for...

A subsidiary of Klaveness Combination Carriers ASA has entered into an agreement with the builder of the CABU III newbuildings, Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd, to install its first ever Wind Assisted Propulsion System (WAPS) with two bound4blue eSAILs® suction sails on the third CABU III newbuilding for delivery in Q3 2026. The newbuild will be one of the first tanker/dry bulk vessels to feature bound4blue’s cutting-edge WAPS te...

Kongsberg Maritime has delivered its 1,000th ship design-the IWS Seawalker, a state-of-the art windfarm service operation vessel (CSOV), and one of six ‘Skywalker Class’ UT5519 DE for IWS Fleet. In a naming ceremony in the port of Hanstholm, Denmark, the IWS Seawalker, becomes the third Skywalker Class vessel to be delivered, and is due to be deployed in the North Sea in the coming weeks. Innovative vessel designs Kongsberg Maritime’s design team has been delivering inn...

The European Space Agency (ESA) has initiated a new flagship project, Decarbonisation through the Digitalisation in Shipping (DECARDIS), together with optimisation platform company Awake.AI, technology pioneer ABB and shipping company Wallenius Marine. The consortium, funded by ESA and led by Awake.AI, will collaborate on a port call optimisation solution, which focuses on helping ships cut greenhouse gas emissions by overcoming inefficiencies in the ship-port interaction.  Smart ship te...