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HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received ABS approval in principle (AIP) for a tank design that enables large-scale hydrogen transport and storage. Vacuum insulation system HD KSOE's vacuum insulation system is designed to reduce the time required to create a vacuum in large tanks, which is essential for transportation. The new technology allows maintaining a vacuum state at –253℃, which KSOE says enables safer and loss-free transport of large quantities o...
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...
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...
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...
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...
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.
Hexagon announced an agreement to acquire Septentrio NV, an OEM provider of Global Navigation Satellite System (GNSS) technologies, to drive innovation and expand the market reach of Resilient Assured Positioning solutions. High-accuracy and performance Combining Septentrio's pioneering GNSS platform with Hexagon’s extensive positioning portfolio, including sensor fusion, anti-jamming, correction services, and perception technologies, will enable cutting-edge solutions for diverse mark...
Vigor announced Mark Norris has joined the company as Vice President of Marine Fabrication. Norris will oversee one of the pioneering and most innovative marine vessel fabricators in the U.S., which is currently in production on the Maneuver Support Vehicle (Light), or MSVL, the U.S. Army’s new generation landing craft. He will be responsible for growing and maintaining an experienced, skilled team, while leading Vigor’s defence and commercial marine fabrication projects....
Norwegian Cruise Line Holdings Ltd. has announced a new leadership structure to execute on its multibillion-dollar fleet expansion for its ultra-premium and luxury cruise brands. Jason Montague has been appointed Chief Luxury Officer for NCLH, effective February 17, 2025, overseeing both Regent Seven Seas Cruises and Oceania Cruises, capitalising on his extensive industry expertise and strong track record previously pioneering these brands. This appointment underscores NCLH’s focus on it...
Steel cutting ceremony of the Next Generation Missile Vessels (NGMV) for Indian Navy was held on 16 Dec 2024 at Cochin Shipyard Limited, Kochi. Commodore S Parthiban, Warship Production Superintendent, Warship Overseeing Team (WOT), Kochi, conducted the steel cutting of the first steel plate for Ship No. BY-531. Shri KN Sreejith, Director (Operations), Shri Rajesh Gopalakrishnan, Executive Director (Ship Repairs), Shri S Harikrishnan, Executive Director (Shipbuilding) of CSL, and senior officia...
Adani Ports & SEZ, through its subsidiary, Ocean Sparkle Limited, has placed an order for 8 nos of 70 T Bollard Pull ASD (Azimuthing Stern Drive) Tugs on Udupi Cochin Shipyard Limited, the wholly owned subsidiary of Cochin Shipyard Limited (CSL) – the pioneering shipyard in India. This is in addition to the 3 nos of the 70 T Bollard Pull Tugs already under construction at Udupi-CSL for Ocean Sparkle Limited, totalling 11 Tug orders on Udupi-CSL. Designs of Robert Allan Limited The 7...
Strategic Marine is proud to announce the signing and delivery of its first Surface Effect Ship (SES) to All Energies Services (AES), a groundbreaking moment in the company’s advancement within the offshore oil and gas sector. The contract marks a major step in Strategic Marine’s ongoing collaboration with AIRCAT Vessels, ESNA – Espeland and Skomedal Naval Architects, and AES bringing a revolutionary 35-meter SES vessel to life. Surface Effect Ship This high-perfor...
A rescue deal for the Belfast-based shipbuilder, which could be announced as early as on Thursday, 19th Dec 2024, is expected to include job guarantees for its workforce of more than 1,000 people. Sky News has learned that ministers hope to announce that Harland & Wolff (H&W) and its four UK shipyards are being acquired by Navantia, S.A., S.M.E, the Spanish shipbuilder, after months of negotiations. H&W’s assets and sites Navantia’s board is expected to meet to ratif...
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...
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