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Lloyd’s List Intelligence, a pioneering 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-pioneering analysis and risk management intelligence solutions. The integration of Infospectrum’s comprehensive counterparty risk appr...

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...

As part of its strategy to penetrate new and emergent markets, Thordon Bearings has appointed Axioma servisas as its sales, service, and distribution lead for Lithuania.Lithuania has been one of the fastest-growing economies in the EU over the past five years. The country continues to actively develop its maritime, manufacturing, and renewable energy sectors, as part of government policy to strengthen the country’s industrial competitiveness. Technology solutions Vilnius-headquartered...

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...

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...

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...

Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025, following the leadership of Lord Jeffrey Mountevans who has held the position for the past two years. Guy Hindley, who has served on the Baltic Exchange Council since January 2019, has a long and distinguished career in the maritime sector, including his role as Managing Partner of Dry Cargo division at Howe Robinson, where he has been a key figure since for nearly four decades.&n...

ABS Wavesight™, the ABS-affiliated Software-as-a-Service company, is pleased to announce that UNI-FLEET SDN BHD, a specialised shipping company operating tanker vessels primarily focused on the transportation of ammonia across Asia, has chosen to implement Nautical Systems (NS) Maintenance Manager and Purchasing Manager modules to revolutionise their maintenance and inventory processes. Integration of NS Maintenance “We’re excited for the opportunity to support UNI-FLEET with...

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...

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...

Pioneering marine and protective coatings brand International®, part of AkzoNobel, celebrated its 35th year anniversary in China during an event in Shanghai in October 2024. First registered and founded in 1989 in partnership with Shanghai Huayi Fine Chemicals and China State Shipbuilding Equipment & Materials Corporation Ltd, International Paint of Shanghai Co., Ltd. has since established three production facilities in China, 17 distribution centres, and employs over 100 technical serv...