AI - News

Seanergy Maritime, a prominent pure-play Capesize shipowner that is publicly listed in the US and provides marine dry bulk transportation services, has chosen to integrate Orca AI's cutting-edge automated computer-vision situational awareness platform into its operations. AI's advanced technology The project demonstrates Seanergy's commitment to advancing safety and efficiency in maritime navigation. Athens-based Seanergy currently owns a modern fleet of 18 dry bulk vessels Athens-based Sean...

Bibby Financial Services (BFS) has bolstered its Marine Finance business with the appointment of an experienced front and back-office team, as it looks to grow its support for the maritime sector. First launching in 2023, BFS Marine Finance provides specialist financing and support to the sector across a wide range of vessel types, including wind farm service vessels, general purpose workboats, passenger vessels and ferries, survey vessels, tugs and barges, coastal ships, charter boats and hire...

Cochin Shipyard Limited (CSL), the premier shipbuilding and repair company in India, delivered the 15th Electric Hybrid 100 Pax Water Metro Ferry BY 126 to Kochi Water Metro. The occasion was marked by the Delivery Protocol Signing ceremony held at CSL, in the presence of Directors of KMRL and CSL, along with senior officials from KMRL, CSL, DNV, and IRS. Shri. Harikrishnan S, Chief General Manager CSL, and Shri. Shaji P. Jananardhanan, Chief General Manager KMRL, signed the protocol document o...

ABS and the Korea Research Institute of Ships and Ocean Engineering (KRISO) are working together to advance commercial small modular reactor (SMR)-powered ships and floating SMR power generation platforms. Technology and framework ABS will provide an analysis of applicable regulatory guidelines and international standards for the design of SMR-powered ships. KRISO will develop core technologies for SMR-powered ships, including conceptual designs for the vessel and propulsion systems as well a...

Innovative technology developed by Arkitech delivers substantial efficiency improvements to the HVAC (Heating, Ventilation and Air Conditioning) system onboard MSC Magnifica. Leveraging AI and machine learning, the technology analyses data from over 1,500 sensors on the MSC Cruises’ ship, enhancing chiller efficiency by up to 12% and achieving predicted annual savings of 1600MW which is equivalent to removing the 687 cars from European roads. This efficiency is realised without compromis...

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...

The expansion of the offshore wind market has brought about significant changes in the cable-laying industry. More turbines mean more cables to install, which means a greater need for carousel capacity on the cable-laying vessel.  Average cable length However, the length of the installed cable is dependent not only on the number of turbines, but also on their size. The average cable length per wind farm has grown from 30 km in the 2000s to 80 km in the late 2010s and is projected t...

ClassNK has granted its Innovation Endorsement for Products & Solutions to a Ship IoT Application “i-MITEC” by MIURA CO., LTD. 'i-MITEC' uses a cloud-based environment to provide a range of services, collecting and storing operation data from equipment, such as marine boilers and ballast water management systems that are fitted with communication functionality.  The stored data can be used in combination with analysis by MIURA field engineers to provide suggestions for ef...

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...

Babcock and the Polish Naval Academy in Gdynia, Poland, have announced that they are set to collaborate on an exciting new programme of professional internships following the signing of a Memorandum of Understanding (MoU) and Cooperation Agreement. The MoU outlines the intent for Babcock to work in cooperation with the Polish Naval Academy to facilitate future academic collaboration, underpinning Babcock’s global commitment to skills development. Future academic collaboration This summe...

A comprehensive Port of Long Beach digital platform being designed to help speed cargo deliveries across the nation, the Supply Chain Information Highway, is getting an infusion of funding from Gov. Gavin Newsom’s administration. The Governor’s Office of Business and Economic Development (GO-Biz) announced a $7.875 million grant for the Port’s data system today. Funding is expected to help build out a variety of functions including export and rail cargo visibility, user authen...

Iridium Communications Inc., a renowned provider of global voice and data satellite communications, has announced that for a second time, its Tempe, Arizona facility has received the James S. Cogswell Outstanding Industrial Security Achievement Award. A distinction presented by the Defense Counterintelligence and Security Association (DCSA) during the annual Society of Industrial Security Professionals (NCMS) training seminar, the award honours companies that embody a commitment to upholding an...

Captain Ian Finley, Permanent Representative of the Cook Islands to IMO, has been selected as the recipient of the prestigious International Maritime Prize for 2023. The decision was made by the IMO Council at its 132nd session (8 to 12 July 2024). Captain Finley was nominated for the award by the Government of the Cook Islands. As a delegate to IMO, representing Panama and latterly the Cook Islands, he has been an active participant in the development of virtually all safety, environmental and...

There is much discussion amongst telecommunications companies about the automation journey of networks, and rightly so because artificial intelligence (AI), machine learning (ML), and pressure on carriers to increase margins from connectivity while protecting prices, are proving powerful agents for change in their market. Impact of hybrid connectivity However, there’s one other development that is not receiving enough attention, and that’s the impact of hybrid connectivity - the bo...

5G connectivity, speed, efficiency, optimization, and real-time coordination are the keys to the success of the IMAGINE-B5G project. IMAGINE-B5G project This initiative – which is part of the innovation strategy of the Port Authority of València (PAV) – has been developed by Telefónica, the company XRF, ETRAIR and coordinated by the PAV, the Valenciaport Foundation and the iTeam Institute of the Polytechnic University of València. The project aims to develop...

The Valencia Containerised Freight Index (VCFI) for the month of June decreases slightly in a scenario in which the activity of the maritime sector is marked by the geopolitical situation, but in which an improvement in the world economy is observed.  Thus, in the sixth month of the year, this price index, which is based on export prices recorded by the Port of València in 13 geographical areas around the world, stood at 1,585.67 points, representing a monthly decrease of -1.30% and...

Columbia Group (Columbia Ship Management) and Crowley have signed a strategic cooperation agreement that broadens both companies’ ship management solutions for customers, leveraging their extensive, industry-renowned expertise across the maritime, logistics and energy sectors. Under the alliance, customers will be able to capitalise on the capabilities of both organisations for more efficient and greater scale of international management services. Columbia and Crowley form strategic alli...

In a few weeks from now, Fender Innovations will be travelling Eastwards again to participate in SMM Hamburg 2024. Taking place from September 3 to 6, 2024, the port city of Hamburg will be hosting this amazing international exhibition for maritime innovation again and they’re looking forward to meet everyone there! Fender Innovations at SMM Hamburg 2024 Visitors can find the Fender Innovations Group in Hall B7, at Stand 718 for a personal update about the company’s latest develop...

Spire Global, Inc. (‘Spire’ or ‘the Company’), a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada (GoC) for the provision of global automatic identification system (AIS) ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million. Spire Global secures contract for ship tracking data &ldquo...

A collaboration between ABB and Arkitech has brought significant efficiency gains for the heating, ventilation, and air-conditioning (HVAC) system on board MSC Magnifica. Using artificial intelligence and machine learning to analyse data from over 1,500 sensors on the MSC Cruises ship, this technology enables up to 12 percent increase in chiller efficiency to achieve monthly energy savings of 100 MW by the 15-year-old ship, while maintaining optimal air-handling unit performance. Energy effici...

A multi-faceted, comprehensive conference programme addressing the industry’s most pressing issues will once again captivate SMM visitors this year. The pioneering international maritime trade fair will put decarbonisation, digitalisation, recruiting as well as maritime security and defence at the top of its agenda. For the first time, the conferences will take place on the four Transition Stages, freely accessible to all visitors: Green Stage, Open Stage, Cruise & Ferry Stage and Dig...

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...

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...

ClassNK has granted its first software security certifications to ship management solution - 'MACK', developed by SVM Solutions and Technologies Pte. Ltd. (Solverminds). ClassNK has summarised its basic approach to ensuring onboard cyber security for ships in the 'ClassNK Cyber Security Approach'. Furthermore, to support the '5. Development of shipboard products with reduced cyber risks' referred to in this approach, ClassNK has issued the 'Guidelines for Software Security'. ClassNK issues the...

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, and Mitsubishi Shipbuilding Co., Ltd. (MSB), a part of Mitsubishi Heavy Industries (MHI) Group, have completed the feasibility study of collaboration concept designs of onboard hydrogen production and utilisation with Amogy's ammonia-cracking technology and Mitsubishi Ammonia Supply and Safety System (MAmmoSS®). Amogy and MSB concluded a Memorandum of Understanding (MoU) to undertake feasibility studi...

The ABB-powered all-electric tug eWolf has been christened this week at the Port of San Diego, California, marking a new chapter in vessel electrification in the United States. Owned and operated by Crowley, eWolf features an end-to-end electric propulsion system from ABB including a 6.2-megawatt-hour energy storage system (ESS). This allows the vessel to achieve 70 short tons of bollard pull with zero emissions and complete a full day of work on a single charge. Given electricity is cheaper t...

ABS and FibreMax signed a pioneering agreement to collaborate on stiffness-driven mooring tendons for the offshore wind market. The collaboration, which is principally focused on floating offshore wind assets, will see ABS provide qualification of FibreMax’s fibre and small rope testing. ABS will evaluate test methods for accuracy in predicting the parameters needed to perform representative analysis, focusing on stiffness. FibreMax will provide expertise on stiffness, based on its p...

Vard Marine Inc. (VARD), a Fincantieri company, has proudly launched VIGILANCE, as their solution to replace the Royal Canadian Navy’s (RCN) Kingston Class Maritime Coastal Defence Vessels (MCDV) under Pillar Two of Canada’s National Shipbuilding Strategy (NSS). In conjunction with Team Vigilance partner companies - Thales Canada, Ontario Shipyards, SH Defence, and Fincantieri, VIGILANCE will provide the RCN with a lightweight and operationally flexible military asset that is highly...