Digital transformation - News

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...

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...

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...

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...

The Polar Code brought rigour to rules covering ships operating in extreme temperatures, but misunderstandings remain over what qualifies a liferaft as suitable for the poles. Rising global temperatures underlie rapid growth in commercial opportunities for ice-capped expedition cruising and Northern Sea Route cargo moves but safety is the dominant issue for ships operating in the realities of severe weather, low temperatures, and ice. IMO-defined boundaries The response me...

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...

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...

ABS and Akselos have signed a Memorandum of Understanding (MoU) to advance engineering and certification processes for floating offshore wind projects. The companies signed a Memorandum of Understanding (MoU) to collaborate on solutions aimed at optimising design, reducing costs, and improving efficiency for the floating wind sector globally. Akselos' simulation technology The alliance utilises ABS's expertise in offshore credential and type with Akselos' technology The collaborati...

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...

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a three-year Service & Maintenance Agreement with Greek fleet-owner GasLog LNG Services. The agreement covers five 180,000 m3 LNG Carrier vessels, all of which are fitted with Wärtsilä mixed refrigerant (MR) Reliq liquefaction plants. The signing took place in December 2024, and the order was booked by Wärtsilä in the same month. Wärtsilä digital services...

Kongsberg Maritime has secured a substantial contract to provide an integrated package of electrical, control, safety and propulsion systems for the Golar Mk2 Floating Liquified Natural Gas (FLNG) project. Valued at more than $25 million USD, this contract will see Kongsberg Maritime technology form a key part of the new onboard systems for a major rebuild project in which Golar’s LNG tanker Fuji LNG, will be lengthened by nearly 100 metres and converted to a FLNG vessel. The work is bein...

ABS has awarded Hanwha Ocean Approval in Principle (AIP) for its Pre-FEED Standard FPSO Design intended to create an asset optimised for deployment in the deep waters of West Africa. The FPSO design is 340 m long and capable of storing approximately 2.38 million barrels of crude oil, with a daily crude oil production capacity of 190,000 barrels. Developed to accommodate topsides for crude oil and or gas production facilities, the hull is designed to operate for up to 20 years without the need f...

Ocean Network Express (“ONE”) is pleased to announce three North Europe Transatlantic services, effective from February 2025, which will be operated together with CMA CGM (“CMA CGM”), COSCO Shipping Lines (“COSCO”), Oriental Overseas Container Line (“OOCL”) and Evergreen Line (“EMC”) as part of a Vessel Sharing cooperation. Key TA market sectors Jeremy Nixon, CEO of ONE, commented, “AS ONE, we look forward to our new collab...

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....

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. Deployment of products In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement fo...

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...

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...

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...

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,...