Thrusters News

OrbitMI announces the launch of its latest Data-as-a-Service (DaaS) offering, tailored specifically for maritime industry players in the dry bulk sector. This new product delivers precise and timely data to support decision-making and boost operational efficiency across the maritime industry. Vessel and Company Particulars The Vessel and Company Particulars product provides comprehensive information on various vessel characteristics, enabling ship owners and operators to leverage up-to-date da...

Olympic Subsea is proud to announce their partnership with Ulstein and Rambøll to carry out the “LCAS - Life Cycle Assessment in Shipbuilding” project. This initiative focuses on developing a maritime-oriented method to evaluate the environmental impact of new vessels throughout their entire life cycle.  In this work, Olympic Subsea is specifically looking at the two new offshore wind service vessels developed by Ulstein Design & Solutions AS, both of which are...

X1 Wind, a developer of floating wind technology, has officially opened a new office in Navarra, which will be responsible for designing and implementing electrical, communication, and control systems for floating wind platforms. The new offices will primarily host X1 Wind’s electrical department, which includes five electrical engineers led by Adrián Oliva, Electrical & SCADA Manager. Additionally, the offices will include an industrial engineer from the operations departmen...

The launch of the seventh PPA (Multipurpose Combat Ship) “Domenico Millelire” took place at Fincantieri’s shipyard in Riva Trigoso (Genova) on Saturday 13 July 2024. The ceremony was attended, among others, by Vice Admiral Giuseppe Berutti Bergotto, Deputy Chief of Staff of Italian Navy, and Massimo Scialpi, Deputy Director OCCAR, welcomed for Fincantieri by Dario Deste, General Manager Naval Vessels Division. The godmother of the ceremony was Ms. Franca Millelire, a relative o...

KR held the 19th KR European Committee (KREC) meeting in London, UK, on July 1st. The KREC, established in 2004, includes members from major international maritime organisations and key European KR customers as follows: Oil Companies International Marine Forum (OCIMF) International Association of Independent Tanker Owners (INTERTANKO) International Chamber of Shipping (ICS) Baltic and International Maritime Council (BIMCO) International Association of Dry Cargo Shipowners (INTERCARGO) In...

Watson Farley & Williams advised ABN AMRO BANK N.V. and ING BANK N.V. on a US$245m term loan facility granted to Tsakos Energy Navigation Limited for the financing of a fleet of tanker vessels. WFW acted as lead counsel on the transaction and assisted ABN and ING throughout the life cycle of the transaction, from the negotiation and execution of the facility to the delivery of each vessel. Transportation services TEN is a world-pioneering tanker operator, listed on the New York...

Seatrium announced that it has awarded the American Bureau of Shipping (ABS) a Classification contract for the newbuild floating production storage and offloading vessels (FPSO) platforms P-84 and P-85 with the final delivery expected in 2029. These are the first FPSOs to be awarded following ABS and Seatrium’s Technology Collaboration Agreement (TCA), which aims to promote increased decarbonisation, digitalisation and innovation in the offshore industry. Efficient power generation Both...

EV Maritime, New Zealand’s pioneering electric ferry design and technology company, announced it has been commissioned by Angel Island Tiburon Ferry (AITF) to design an all-new hybrid electric vessel for the fleet. The progressive project, which will see the electrification of two existing vessels and the construction of a third new plug-in hybrid vessel, has been funded by the California Air Resources Board (CARB). The hybrid vessel will be designed and engineered by EV Maritime with el...

Yanmar Holdings Co., Ltd. and Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, have entered into a Memorandum of Understanding (MOU) to integrate Amogy’s advanced ammonia-cracking technology into Yanmar’s hydrogen internal combustion engine (H2ICE). This collaboration seeks to pioneer a solution for decarbonising marine power generation. The partnership will focus on combining Amogy’s technology with Yanmar’s H2ICE to provide low-cost...

Thordon Bearings has secured an order from French shipbuilding giant Chantiers de l'Atlantique to supply its award-winning COMPAC seawater-lubricated propeller shaft bearings for installation to a pair of wind-assisted passenger ships operated by luxury travel operator Accor. When the first 220m (722 ft) long, 22,300 gt vessel is delivered in 2026, Orient Express Corinthian will be the world’s largest contemporary sailship. The contract marks Thordon’s first reference aboard a Chant...

Oceania Cruises®, the world's pioneering culinary- and destination-focused cruise line is delighted to announce its new collaboration with the American Cancer Society (ACS), bringing the ACS Relay For Life at Sea program to the cruise line's esteemed guests, crew and team members, fostering a community of support and raising vital funds for cancer research, patient support services, and advocacy efforts. The program was just launched on Oceania Cruises' newest ship, Vista, as well as aboard...

The Maritime and Coastguard Agency’s (MCA) emergency towing vessel (ETV), Ievoli Black, is carrying out a training exercise in Scapa Flow, on Wednesday 10 July 2024. Exercise Stromness, which involves the Northern Lighthouse Board (NLB) vessel Pole Star, is supported by Orkney Islands Council’s Marine Services. MCA, ETV and NLB personnel Exercise Controller Paul Tunstall, MCA Counter Pollution and Salvage Officer, Scottish Islands and Northern Ireland, said: "The nature of this...

Wilhelmsen Ships Service is pleased to announce its participation to RightShip’s Zero Harm Innovation Partners Program. As a pioneering maritime solution provider, the participation in this program exemplifies the commitment to safer mooring practices.  RightShip is a pioneering global Environmental, Social and Governance (ESG) focused digital maritime platform with the mission to drive operational improvements in the global shipping industry and improve overall maritime safe...

Anhui NOY Technologies Co. Ltd., a company manufacturing vacuum helium leak detectors for use mainly in the Chinese market, will become part of Atlas Copco Group.  NOY is a privately owned company headquartered at its manufacturing location in Hefei City, Anhui Province, China. The company has 78 employees and in 2023 had revenues of 121 MCNY (approx. MSEK 178). Leak detector technology “NOY was founded in 2016, exhibiting rapid growth by initially serving the EV battery market, wh...

Syroco, the Climate Tech startup that supports the energy transition of maritime transport, announced that Compagnie Maritime Nantaise - MN, a subsidiary of SOGESTRAN Group, has deployed the Syroco platform on the MN Pelican in order to reduce her fuel consumption and CO2 emissions. This deployment is part of a global approach which includes the optimisation of the routing and efficiency of the vessel but also better speed management and improvement of hull performance. The MN Pelican, a 155-me...

AF Theriault & Son Ltd., one of Canada’s largest privately-owned commercial shipyards, announced an exclusive partnership with New Zealand’s pioneering electric ferry design and technology company, EV Maritime. This partnership has been formed in relation to Halifax Regional Municipality’s (HRM) upcoming procurement of electric ferries serving the community of Bedford, Nova Scotia. Expected to be completed in the 2027-2028 fiscal year, the entire project is estimated at CA...

IRCLASS Academy, the training arm of the Indian Register of Shipping, has successfully concluded the first-ever Port Facility Security Internal Auditor training program at the Rashtriya Raksha University, School of Integrated Coastal and Maritime Security Studies in Ahmedabad. This program also included comprehensive training for Port Facility Security Officers. The inaugural ceremony was graced by Dr. Prabhakaran Paleri, Emeritus Resource Faculty and Former Director General of the Indian Coast...

PD Ports has made its largest-ever donation through its employee charity and community fund, in support of a member of the team and his family who use the services of Zoe’s Place Baby Hospice. The grant of £7,500 for the purchase of a specialist bed was made following a request by Mike Lee, a business development analyst, who made an application to PD Ports’ Find It Fund It initiative after seeing the impact of the work done by Zoe’s Place as they support his daughter,...

Indian Register of Shipping (IRS) and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MOU) aimed at advancing maritime safety through the development of a ship trajectory prediction tool. The trajectory prediction of disabled ships is a critical aspect of maritime safety, facilitating early warnings and rescue operation planning. Understanding and predicting the movement of disabled ships and floating objects drifting in the open sea, under the...

Sir Keir Starmer has been appointed Prime Minister of the United Kingdom after the Labour Party secured a majority in the House of Commons in yesterday’s general election. Maritime UK’s Chief Executive, Chris Shirling-Rooke has shared his congratulations and also urged the newly appointed Prime Minister to prioritise the interests and economic prosperity of coastal communities in the Government's upcoming plans and agenda. In the Maritime Manifesto 2024, Maritime UK outlined its a...

Pacific International Lines (PIL) is pleased to announce that they have launched the China Calcutta Service (CCS), the first in the market to link South China to Calcutta directly. The weekly service started on July 2, 2024, from Xiamen. PIL’s continued commitment Mr. Surendran Mathilagath, General Manager of Intra-Asia Services at PIL, said, "PIL is pleased to be a pioneer in offering a direct China to Calcutta service, supporting the high growth and trade in these two economies. Th...

Strategic Marine announced that Louis Dreyfus Armateurs has placed an order for an additional pair of newly built 27M Crew Transfer Vessels (CTVs), expanding its fleet from five to seven high-specification vessels. These additional new units, sister ships to Acti’Vent and Esti’Vent, will be constructed by Singapore-based Strategic Marine, reinforcing the strong partnership between the two companies. Technological advancements The new 27M Crew Transfer Vessels, inspired by the accl...

Seven nationalities, twenty-one students, twelve days and more than seventy hours of training. These are the figures of the course hosted by the Port of Valencia in the framework of the ‘Train For Trade’ programme, organised by the United Nations Conference on Trade and Development (UNCTAD). Under the name ‘Training of Trainers' workshop. Course on modern port management’, its content -developed by experts from Valenciaport and the port community of Valencia- focuses on...

The business of Mont-Tech Ltd. (Mont-Tech), a Czech engineering company offering customised engineering solutions for assembly automation, has become part of Atlas Copco Group. The company is headquartered in Brno, Czech Republic and has 27 employees. During 2023 Mont-Techs revenues amounted to 3.5 MEUR (40 MSEK). Mont-Tech business "With this acquisition, we will further strengthen our competence and know-how of assembly automation and better serve our customers in this area an...

Daphne Technology’s innovative SlipPure™ system has been awarded Approval in Principle (AiP) from Lloyd's Register (“LR”) for its Plasma-Catalytic technology, with LR witnessed results confirming its performance. This recognition marks a significant milestone in the fight against methane slips in the maritime and land-based oil and gas industries. The advanced SlipPure™ system, which previously received AiP for its plasma-only configuration, now runs its full Plasm...

Watson Farley & Williams (“WFW”) advised Hamburg Commercial Bank AG (“HCOB”) on its acquisition of NIBC Bank N.V.’s (“NIBC”) entire shipping portfolio comprising €992m of performing shipping loans. NIBC’s shipping experts will join HCOB to form its first representative office in the Netherlands. The portfolio was acquired through a multi-stage competitive bidding process and is the first major acquisition of its kind for HCOB. Banking pr...

Foreship expertise in energy efficiency and sustainability will be central to optimising the performance of two new ro-pax ferries on their delivery into west Mediterranean services connecting Marseille and Corsica in 2027. The ships, due to be delivered to CMA CGM subsidiary La Méridionale, will be distinguished not only by powerplants that support dual fuel strategies for low carbon operations at sea but by enough battery power to enable zero-emission port stays. Concept design work...

The popularity of the Port of Hamburg remains first-class in Asia. At the Asian Freight, Logistics and Supply Chain (AFLAS) Awards ceremony in Shanghai on 25 June 2024, the Port of Hamburg won the award for 'Best Global Seaport'. During the ceremony organised by the trade journal Asia Cargo News in Shanghai, Darren Barton, Publisher of Asia Cargo News, presented the award to Inga Gurries, Head of Market Development Asia Port of Hamburg Marketing (HHM). Readers of Asia Cargo News About 15,00...

Ahlsell Norge AS has entered into an agreement to purchase all shares in K-H Service AS. The acquisition strengthens Ahlsell’s tools and service offerings to professional craftsmen. The company has eight employees and a turnover of approximately 50 MNOK in 2023. K-H Service AS specializes in sales, repair, and maintenance of tools from well-known brands to professional craftsmen. The company was founded in 1983 and has since developed a clear market position by offering high availability...

Manta Marine Technologies (MMT) has unlocked further fuel and emissions savings from its popular FuelOpt™ system with the addition of the trim optimisation advisory system - TrimSense™. Available as a simple added feature to existing FuelOpt™ installations, TrimSense™ has the potential to deliver fuel savings of 1-4%. TrimSense™ also comes with the additional benefit of no commercial downtime during installations. The system integrates easily and assists with...