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Indian Register of Shipping (IRS) concludes 2024 with remarkable achievements across sustainability, innovation, and maritime safety, making its Golden Jubilee year a testament to its legacy and vision. From spearheading decarbonisation projects to reviving India’s maritime heritage, IRS has reinforced its leadership role in the global maritime sector. Step in maritime innovation It classed a next-generation electric ferry, furthering the push for cleaner maritime transport In line wit...
Ingeteam has been awarded a new contract to support the green hydrogen sector in Australia. Ingeteam will supply six rectifiers to help develop Proton Exchange Membrane (PEM) electrolysis technology for its customer, Fortescue, in Queensland. In its role as a technology partner, Ingeteam will provide three full skid solution units, equipped with six INGECON H2 E series rectifiers, to supply up to 12 MW of energy to each of the electrolysers. It will also involve commissioning the highest curr...
WEG celebrates the remarkable achievement of supplying two thousand generators to Vestas one of the vital components of the turbines produced by the Danish company, further strengthening its contribution to the clean energy sector in Brazil. The equipment, designed to operate in Vestas wind turbines, is installed in various wind farms across the country, highlighting the shared commitment of both companies to sustainability and the development of Brazil’s renewable energy matrix. WEG&r...
The World Shipping Council (WSC) Board of Directors has elected Soren Toft, CEO of MSC Mediterranean Shipping Company, as the new Chair of the World Shipping Council Board. Randy Chen, Vice Chairman of Wan Hai Lines, has been elected Vice Chair. Soren Toft and Randy Chen will serve a two-year term, effective immediately. The new Chair and Vice Chair succeed Rolf Habben Jansen, CEO of Hapag-Lloyd AG, and Jeremy Nixon, CEO of ONE, who have served as Co-Chairs of the WSC Board...
Brunvoll has secured another contract with Myklebust Shipyard for the delivery of a comprehensive thruster package. This confirms the option for an additional vessel for REM Offshore, originally announced in May of this year. Like the previous contract, this agreement also includes an option for a third additional vessel. Brunvoll’s thruster package Brunvoll’s thruster package consists of two propulsion azimuth thrusters and a tunnel thruster Brunvoll’s thruster packag...
Indian Register of Shipping (IRS) has undertaken the certification of indigenously developed marine components for defence projects, marking a significant milestone in enhancing defence and maritime manufacturing capabilities within the country. The product certifications were conducted in compliance with national and international standards/specifications. A fouling-release coating Among the projects validated and certified is a fouling-release coating, developed by DRDO’s Naval Materi...
Watson Farley & Williams (WFW) advised Höegh Evi Ltd. (Höegh Evi) on the acquisition of a 50% stake in its shareholder Larus Holding (Larus) by funds managed by Igneo Infrastructure Partners (Igneo). Transaction details Larus, which is the 100% owner of Höegh Evi, is currently jointly 50/50 owned by Aequitas Limited (a holding company of the Høegh Family who will retain their existing stake) and funds managed by Morgan Stanley Infrastructure Partners. The trans...
Fincantieri, a global pioneer in shipbuilding and marine technologies, is proud to announce its newly signed Memorandum of Understanding with Sparkle, Italy’s foremost international service operator and a top global player in telecommunications. This strategic partnership focuses on developing innovative technological solutions to enhance the surveillance and protection of submarine telecommunications cables, vital infrastructures that underpin global connectivity, and digital security....
Anemoi Marine Technologies completed the installation of five Rotor Sails onboard the 400,000 dwt Very Large Ore Carrier (VLOC), Sohar Max, making it the largest vessel to receive wind propulsion technology to date. Sohar Max is a first-generation Valemax, built in 2012 in China’s Rongsheng shipyard. Rotor Sails The project showcased the global collaboration between Brazilian mining giant Vale S.A., Omani shipowner Asyad, and UK-based Rotor Sail provider Anemoi. The five 35 m tall, 5 m...
Acoustic Doppler Current Profiler (ADCP) from Teledyne RD Instruments (RDI) has been chosen for a 63-foot hybrid catamaran for the Orange County Sanitation District (OC San.gov) built by All American Marine (AAM), a pioneer in constructing vessels with hybrid and electric propulsion systems. The vessel, designed to support ocean sampling and scientific research, will be an innovative hybrid-powered boat, contributing to environmental sustainability in marine operations. Utility optim...
Kongsberg Digital is proud to announce an important new simulator contract with Noble Corporation, one of the world’s pioneering offshore drilling companies, headquartered in Houston, Texas USA. DP simulators The contract includes the delivery of state-of-the-art navigation, engine, and dynamic positioning (DP) simulators based on Kongsberg Maritime’s market-pioneering K-Pos DP system. The simulators will be tailored and integrated with Kongsberg Maritime’s Riser Monitoring...
Wärtsilä Gas Solutions, part of the technology group Wärtsilä, will supply the cargo handling systems for three new 93,000 m3 capacity Very Large Ammonia Carriers (VLACs). The ships are being built at the Korean shipyard Hanwha Ocean Co, formerly known as DSME. Two vessels are for a Greek ship owner and one for a Japanese owner. These two orders, both booked by Wärtsilä in Q4 2024, further strengthen Wärtsilä’s position as a market-pioneering...
OrbitMI CEO Ali Riaz has been named among the Top 10 Technology Leaders of 2024 in Lloyd’s List Intelligence’s prestigious annual rankings of the 100 most influential people in shipping, underscoring the NYC-based maritime software company’s major role in the digital transformation of the industry. Riaz, who retained his sixth ranking from 2023, represents the only pure software-as-a-service (SaaS) firm on the keenly watched list of pioneering players “driving real digit...
Metis, a pioneer in digital solutions for fleet performance management, and Nereus Digital Bunkers, a maritime software company specialising in marine fuels have entered into a strategic cooperation that aims to revolutionise bunkering operations through data-driven insights and streamlined processes. By combining the strengths of both companies, this collaboration leverages cloud-to-cloud integration for seamless data exchange, delivering two unique services to support the optimal management a...
NorthStandard and NIORD have announced a new strategic partnership to build their offshore renewable energy underwriting business. Under an agreement that comes into effect on 1 January 2025, global marine insurer NorthStandard will provide US$30M in additional capacity to insure fixed and floating wind farms as well as renewable devices. Risk management partnership The facility is part of a risk management partnership between renewables-focused NIORD and NorthStandard that...
ClassNK has granted its Innovation Endorsement for Products & Solutions to a remote monitoring system for machines, “MAREWA-SYSTEM” developed by KAGOO DOCKYARD Co., Ltd. ClassNK-registered vessels equipped with the product can be given the “DSS” notations (MM, CNS, SM), which indicate ships with advanced digital technology. Equipment and software technology In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation...
U-Boat Worx is proud to be part of the ground-breaking HEXA, a 50-metre support vessel conversion that redefines the superyacht support experience. Born from hand-drawn sketches as a floating helipad, HEXA has transformed into a striking concept that seamlessly blends robust utility with high-end sophistication, setting a new benchmark for support vessels. With its distinctive hexagonal theme, extended entertainment decks, swim platform, and bold graphics, HEXA combines form and function in a w...
Leask Marine is proud to continue its partnership with Morlais, a globally renowned tidal energy developer, in the deployment of the Marinus LiDAR buoy off the coast of Holyhead, Wales. This advanced buoy, equipped with cutting-edge sonar, acoustic monitoring, and video technology, will play a crucial role in monitoring marine wildlife and environmental conditions around the Morlais tidal energy project. Deployment of the Marinus buoy The data collected by the Marinus buoy will provide valuab...
Rolls-Royce held a successful F130 engine Critical Design Review (CDR), clearing the way for final development, test, and production efforts to proceed and taking another step towards delivering the upgraded B-52J to the United States Air Force. This milestone is the culmination of over two years of detailed design work and close collaboration between teams at Rolls-Royce, the Air Force and Boeing. The engine testing program is on track to begin altitude testing in February 2025 at the U.S. Air...
Iridium Communications Inc., a provider of global voice and data satellite communications launched the Iridium Certus™9704, its newest IoT module, and Iridium Certus 9704 Development Kit. This transformational new module, featuring Iridium Messaging Transport® (IMT®) technology, is the smallest and most powerful created by Iridium, ideal for supporting satellite IoT applications that require real-time data analysis, analytics, and automated decision-making. Iridium Certus...
Wärtsilä Gas Solutions, part of technology group - Wärtsilä, continues to strengthen its market-pioneering position in small-scale LNG applications with its latest contract. A new 12,500 cbm LNG bunkering vessel is being built at the Nantong CIMC Sinopacific Offshore & Engineering shipyard in China, for global energy company - Vitol. It will feature Wärtsilä Cargo Handling and Fuel Gas Supply systems, the order for which was booked by Wärtsilä in Q4,...
Watson Farley & Williams (“WFW”) has advised Genesis Energias, S.A (“Genesis”) on the chartering of the ‘BILBAO KNUTSEN’, which shall be used as an LNG floating storage unit (“FSU”) for the loading, storage and discharging of LNG, as part of an LNG-to-power project in Honduras. The ‘BILBAO KNUTSEN’ is an LNG carrier built in 2004 and owned by Norway’s Knutsen Group. The vessel is to be converted into an FSU for the project by...
Serco, the provider of services and support to governments internationally, has announced it has received validation from the Science Based Targets Initiative (SBTi), meaning its greenhouse gas (GHG) emissions reduction targets meet the SBTi’s criteria and recommendations. Science-Based Targets Initiative The SBTi is a global organisation that sets out and promotes best practices in emissions reductions and Net Zero targets, while independently assessing companies’ targets. Scie...
A provider of secure maritime data communications software, GTMaritime, has launched a new remote access feature for GTMailPlus, which allows users to access their emails from anywhere, even if their onboard systems are offline. A recent Uptime Institute report revealed that 35% of businesses had experienced outages lasting more than eight hours in the last five years, with 54% reporting their most recent outage cost as over $100,000. GTMailPlus Cloud Access Available as standard to GTMai...
MAN Energy Solutions has announced the successful retrofit of the main engine of the ‘Maersk Halifax’ to a dual-fuel MAN B&W ME-LGIM unit. MAN PrimeServ, MAN Energy Solutions’ after-sales division, carried out the work, the first such project globally involving a VLCV (Very Large Container Vessel). The 15,000 teu vessel entered service in 2017 and was originally powered by an MAN B&W 8G95ME-C9.5 prime mover. The retrofit to an 8G95ME-LGIM Mk10.5 engine enables the Maer...
Syroco has developed and sells a software platform based on artificial intelligence, dedicated to weather routing (optimisation of routes by taking into account weather and sea conditions) and optimisation of vessel settings. It reduces the fuel consumption of merchant ships by more than 10% on average and up to 25% in certain situatiC’est ons. Series A round The ROI for customers is attained in a few months. The impact of the solution is very high in terms of CO2 emissions avoide...
Econowind, a globally renowned innovator in Wind-Assisted Ship Propulsion technologies for the maritime industry, announces the appointment of Chiel de Leeuw as Chief Commercial Officer (CCO), effective December 1, 2024. Chiel will play a key role in advancing Econowind's mission to revolutionise maritime sustainability and expand the company’s impact in the global shipping industry. Chiel de Leeuw Chiel de Leeuw brings a wealth of experience and a proven track record in the marit...
Ocean Network Express (ONE) and Ningbo Zhoushan Port Group (NZPG) held a symposium on December 6th to share best practices and explore innovative approaches to shore power utilisation. The event highlighted ONE’s nearly decade-long experience in utilising Alternative Marine Power (AMP) containers on the U.S. West Coast. ONE’s AMP container Prior to the symposium day, a milestone was achieved on December 4th with the successful trial and commissioning of ONE’s AMP container a...
The EU’s Emission Trading System, EU ETS, is a policy instrument for reducing greenhouse gas emissions. The system is based on the fact that companies that emit greenhouse gases must hold emission rights to cover their emissions. Emission rights are a limited resource that is sold on a market. Companies covered by the EU ETS must report their emissions to the authorities. Emission rights are an important part of the EU’s climate policy and the system has contributed to reducing gree...
Watson Farley & Williams (WFW) advised Globus Maritime Limited on their US$ 28 million sale and leaseback of newbuild bulk carrier m.v GLBS MIGHT with a Japanese leasing house. This is Globus' first sale and leaseback transaction, with the US$ 28 million being made available under a ten-year capital sale & leaseback arrangement. Athens-based Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide with a current fleet of eight dry bulk ves...
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