Corporate News

Inmarsat Maritime, a ViaSat company, has unveiled the next phase in the evolution of its NexusWave bonded connectivity service, following the successful launch of the ViaSat-3 Flight 2 satellite and in anticipation of the launch of the ViaSat-3 Flight 3 satellite. As the two ViaSat-3 satellites are scheduled to enter service in 2026, NexusWave customers will benefit from a dramatic increase in available bandwidth via a new generation of maritime terminal, with additional capacity expected from...

ClassNK has conducted Technology Qualification (TQ) for Ship to Shore Couplers (hereinafter 'this product') for liquefied hydrogen (LH2) transport jointly developed by Kawasaki Heavy Industries, Ltd. and TB Global Technologies, Ltd. and the relevant certificate has been issued. TQ is for qualification of safety of a new technology, showing equivalent to the technology based on existing rules and regulations, and this is the first case in ClassNK for liquefied hydrogen marine equipment. New con...

Campbell Johnston Clark (CJC) has announced that it has opened new offices in Genoa, following an agreement to engage an established team of maritime lawyers focusing on both English and Italian law. The international maritime law firm, which already has offices in London, Newcastle, Singapore and Miami, will be joined by a seven-strong team located in London and Genoa, led by Enrico Vergani. Vergani has also been appointed as a director of CJC. Vergani’s areas of specialisation Listed...

ClassNK has granted its Innovation Endorsement for Products & Solutions to 'Hydroponic Vegetable Grower for Ships' developed by HSN-KIKAI KOGYO Co., Ltd. ClassNK has confirmed that the 'ELW' notation (HP)- Hydroponics, which indicates ships where efforts are being made to improve the living and working environments on board, can be applied to ClassNK-registered vessels equipped with the product. Deployment of products and services In order to promote the spread and development of inn...

Ocean Network Express (Europe) Ltd. announces the official opening of its Greece Branch, which will commence full operations on 1 December 2025. The establishment of ONE Greece marks the next phase in ONE's ongoing investment in the Greek market. As one of the world's most significant maritime hubs, Greece plays an essential role in global shipping and the opening of the new branch reflects ONE's continued commitment to supporting customers and strengthening its presence in the Mediterranean re...

Global law firm Norton Rose Fulbright has advised private equity firm Aquiline Capital Partners (Aquiline) on its majority investment in marine insurance MGA Clearwater Underwriting. Aquiline is a private investment firm that partners with businesses offering solutions to the financial services industry. The firm invests in growth-oriented financial services and technology companies through private equity, credit, and other strategic capital solutions. Clearwater Dynamics’ software platf...

Strategic Marine, a pioneering builder of high-performance aluminium vessels and Prima Marine, a pioneering Thai marine transport company as a key strategic partner, proudly announce the successful delivery of two 42-metre Generation 4 Fast Crew Boats (FCBs) to NMDC LTS, a prominent provider of marine and offshore services in the Middle East. This first-ever delivery to NMDC LTS marks an important milestone for Strategic Marine, showcasing its ability to secure new partnerships with pioneering...

U-Boat Worx, the world leader in private manned submersibles, has dispatched its revolutionary Super Sub to Curaçao, where it will undergo final sea trials and validation dives ahead of delivery to its owner. The Super Sub represents a new era of underwater performance. With a top speed of 9 knots, it is the fastest submarine ever built for private use, offering an unparalleled blend of power, agility, and panoramic visibility. The Curaçao testing program will validate the sub&rsq...

MarineShift360 has announced results from its recently concluded Impact Accelerator programme, including the outcomes of BAR Technologies' lifecycle assessment of its pioneering WindWings® system. The study confirms that WindWings® achieves a carbon payback in under six months, setting a new benchmark for transparency and lifecycle performance in the maritime sector. BAR Technologies completed the ten-month Impact Accelerator programme, which applies advanced lifecycle assessment (LCA)...

bound4blue, a global pioneer in wind propulsion systems, has expanded its industrial footprint in Asia with the establishment of new production capabilities in China, alongside the signing of strategic regional partnerships to accelerate adoption of its proven eSAIL® suction sail technology. The expansion marks a major step in the company’s global growth strategy, positioning bound4blue closer to key shipbuilding and retrofitting hubs. This allows bound4blue to manufacture near the ya...

Alfa Laval Korea Ltd. has signed a Memorandum of Understanding (MOU) with Hanwha Ocean Ecotech, marking a significant step toward strengthening cooperation in developing safe and reliable ammonia fuel system solutions for dual-fuel vessels. The partnership reinforces both companies’ commitment to supporting the maritime industry’s transition to low-carbon and alternative fuel technologies. Accelerating adoption of ammonia as a marine fuel The MOU with Hanwha Ocean Ecotech marks a...

Inchcape Shipping Services, a global pioneer in port agency and maritime services, is proud to announce the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices - Seoul, Busan, and now Geoje, covering 23 ports nationwide. Geoje is a strategic hub for global shipbuilding and offshore projects, playing a critical role in the construction of LNG carriers, container vessels, naval ships, and offshore platforms. The city is ce...

Singapore is named the world’s top container port in the first edition of the Leading Container Ports of the World (LCP) report, an independent global benchmark published by DNV and Menon Economics. Shanghai and Ningbo-Zhoushan follow in second and third place, with Rotterdam and Busan completing the global top five. Maritime transport carries close to 90 percent of global trade by volume, and container ports alone handle more than 80 percent of non-bulk merchandise. Currenlty, these port...

MacGregor has secured a contract to deliver a newly developed high-performance lightweight 165-tonne active heave compensated (AHC) crane to Hong Hua Yard in China. The vessel owner is Atlantic Navigation. Equipment delivery is scheduled for completion by the second quarter of 2027, with an option included for one additional crane. The order is booked into MacGregor’s fourth quarter 2025 order intake. The scope of supply includes the complete delivery of a modern 165-tonne AHC crane...

Scania, one of the world's pioneering manufacturers of marine, industrial and power generation engines, announced the debut of its Next Generation 13-liter marine engine to the North American market at the International Workboat Show. This is Scania’s most advanced marine engine, with increased performance and improved reliability. The Next Generation 13-liter marine engine can deliver up to 30% more power and up to 8% lower fuel consumption. That translates to potential savings of up to...

Watson Farley & Williams (“WFW”) advised Okeanis Eco Tankers Corp. (“Okeanis”) on its successful offering of about 3.2m new shares of common stock, raising approximately US$ 115m. Proceeds from the offering will be used as partial consideration for the acquisition of two newbuild Suezmax vessels currently under construction at Daehan Shipbuilding Co. in the Republic of Korea. The transaction attracted strong investor demand, and the shares were issued at price a...

Watson Farley & Williams (“WFW”) advised shipping company - MPC Container Ships ASA (“MPCC”) on the order of four new container ships with long-term charter agreements. The contracts for the construction of the four 4,500 TEU vessels at a price of US$58m each were signed with Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry Co. Ltd. Delivery is scheduled for H1 2028, with options for two additional vessels at the same price. The vessels ordered will be tailor...

The Royal Van Beest Group is pleased to announce that it has acquired Enduro Softslings. Established ten years ago in The Netherlands, Enduro Softslings has secured a pioneering position in the lifting industry through its innovative manufacturing capabilities, high-performance custom-made soft slings, and outstanding customer support. As part of the Royal Van Beest Group — the global pioneer behind trusted brands like Green Pin and Irizar Forge — Enduro Softslings will gain access...

ABS issued an approval in principle (AIP) to Encomara for its Squid™ system, a novel approach that adapts proven disconnectable mooring technology to support floating offshore wind developments. The Squid™ system builds upon the established Disconnectable Turret Buoy (DTB) concept long used in floating production projects. By utilising existing, well-understood offshore technology and installation methods, the system aims to enhance safety and reduce complexity during floating wind...

Technology group - Wärtsilä will supply an integrated hybrid propulsion system for a bulk carrier vessel being built at the Royal Bodewes shipyard in the Netherlands for Norwegian shipowner - Aasen Shipping. This will be the latest in a series of six such vessels to operate with a similar Wärtsilä scope of supply. This order was booked by Wärtsilä in Q3 2025. Wärtsilä’s hybrid propulsion system To address the industry's increasingly stringent deca...

LOOKOUT, the award-winning pioneer in AI marine perception, now announced LOOKOUT 3.0, a major upgrade to its industry-defining camera and object-recognition platform. Engineered for premium recreational boats, commercial fleets, and professional operators, LOOKOUT 3.0 introduces breakthrough features that materially improve safety, confidence, and decision-making on the water. System integrates real-time video LOOKOUT continuously scans the water using AI to identify and track hazards, inclu...

The latest industry-pioneering analysis from ABS, Retrofits for Energy and Emissions Improvements, provides critical insights into the impact of retrofitting, including classification and statutory requirements, as well as best practices for implementation. This report builds upon the conclusions presented in the ABS 2025 Outlook, Beyond the Horizon: Vision Meets Reality. With an array of retrofit options available, each offering potential improvements dependent on a range of factors,...

Concordia Damen is proud to announce the signing of a newbuild contract with Amer Shipping for a CDS 110 Dry Cargo vessel. The agreement was formalised during the Europort exhibition in Rotterdam, where Concordia Damen joined several other Damen divisions to welcome clients and partners. This latest order continues the successful partnership between the two companies, following the deliveries of the AM Voyager, AM Explorer and Johannes Senior. Each vessel in this series is based on Concordia Da...

Wärtsilä Water & Waste, part of technology group - Wärtsilä, continues to deliver exceptional wastewater treatment performance in one of the world’s most closely monitored marine environments through its Hamworthy membrane bioreactor (MBR) systems, according to independent regulatory data from the Alaska Department of Environmental Conservation (DEC). During the 2024 Alaska cruise season, fourteen vessels equipped with Wartsila's Hamworthy MBR systems achieved a 98...

IMTRA, the globally renowned manufacturer and importer of quality solutions and products for the marine, energy and transportation markets, announced the addition of United States Coast Guard Veteran - Steve Baxter and marine industry professional - Alden Tangen to its commercial sales team. Prior roles of Steve Baxter Steve Baxter joins IMTRA as the Gulf Coast Commercial Sales Manager after 27 years of service in the United States Coast Guard. During his time in the USCG, he held several key...

Pioneering shipping companies are joining forces to combat ocean plastic pollution through the launch of the Maritime Association for Clean Seas (MACS): a new industry alliance driving measurable reductions in plastic and operational waste at scale. Founded by Seven Clean Seas (SCS), an ocean impact organisation, MACS unites founding members, including Berge Bulk, X-Press Feeders, and others from across the global maritime value chain. Oceans underpin global trade and face mounting plastic cha...

Aberdeen-headquartered multi-role emergency response and rescue vessels (ERRVs) specialist Sentinel Marine now announces a new name and brand identity: Cyan Sentinel. The rebrand follows the majority investment made last year by Cyan Renewables, a Singapore-based pioneer in offshore wind vessel operations. The change marks a new chapter in the company’s growth, while reaffirming that it remains very much a locally managed and operated Scottish business, with its head office, leadership te...

Nauticworx, the pioneering digital platform for offshore workboat chartering, announces major updates. Incorporating feedback from the market since its inception in September 2024, the platform has not only attracted large fleets and projects, but has now also become faster, and easier to use. In addition, charterers can now - costless - join and enjoy the full benefits of the platform. With this step, Nauticworx aims to enhance the platform’s practical value: find available workboats on...

MacGregor has been selected to supply cargo access solutions for nine new RoPax vessels as part of the Grimaldi Group’s major fleet renewal plan. This significant order includes cargo access equipment for three vessels for Finnlines, four for Grimaldi Euromed, and two for Minoan Lines. The vessels will be built at China Merchants Industry Weihai Shipyard Co., Ltd. The order was booked to MacGregor’s third quarter 2025 orders received. Two different vessel designs This order i...

Kongsberg Maritime has signed a significant contract with Turkish shipbuilder and pioneering tugboat operator Med Marine to supply US series azimuth thrusters and a combination of electric and hydraulic towing winches for nine new tug designs. The agreement includes Med Marine’s new ‘VoltRA’ all-electric tug, which will be built at the company’s Ereğli Shipyard, renowned for its modern infrastructure and craftsmanship. Kongsberg Maritime’s US205 azimuth thruster...