Corporate News

Icelandic tech company - Hefring Marine has announced a new partnership with the Northern Ireland Fishermen’s Federation (NIFF), which was formed in early 2025 to pilot innovative solutions that support the fishing fleet in tackling rising fuel costs, improving safety, and reducing emissions. With support from the previous Marine Environment & Fisheries Fund from the Department of Agriculture, Environment and Rural Affairs in Northern Ireland, this initiative will see members of the N...

ABS Wavesight™, the ABS-affiliated software-as-a-service (SaaS) company, has been chosen by Navilands Group to provide a single integrated platform to help streamline compliance with the FuelEU Maritime Regulation and EU Emissions Trading Scheme (ETS) requirements. Navilands will implement the Carbon Diligence suite, part of the new ABS Wavesight Advantage™ platform, across a selection of bulkers and containerships, with further expansion planned by year-end. ABS Wavesight platform...

Brunvoll has entered into an agreement with VARD for the delivery of complete propulsion and manoeuvring systems for two Commissioning Service Operation Vessels (CSOVs). The owner of these new vessels is North Star. Each of the two CSOVs will be equipped, from aft to bow, with two azimuth propulsion thrusters, a retractable azimuth thruster, a tunnel thruster, and a combined retractable azimuth/tunnel thruster. Together with Brunvoll’s Propulsion and Thruster Control system, BruCon PTC, t...

In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related vessel simulator software assets from Orka Informatics as part of the strategic growth plan for ABS Training Solutions. The acquisition, subject to Turkish regulatory approval, will allow ABS to expand its highly realistic digital training program, which can be delivered on board, in port or at home, as well a...

ClassNK has granted its Innovation Endorsement for Products & Solutions to a Keel Clearance (UKC) predictive port management system ‘Dynamic UKC System (DUKC®)’ developed by OMC International. In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement for Products & Solutions. ClassNK supports the deployment of products and services through third-party certification for equipment and software technology with inno...

HikoTerra, innovator in mobile integrated power solutions, officially ushers in the next generation of marine power with the introduction of the H4 Hybrid Power System. HikoTerra has been quietly working on the project for some time and is now set for a phase of rapid expansion, introducing its innovative, world-class technology to the market with the support of experienced founders, investors and leaders with a history of success. Offering an unparalleled level of efficiency, scalability, int...

Helm Operations, the major provider of maritime operations and crew management software, announced a key leadership transition as James Wadsworth assumes the role of Chief Executive Officer (CEO). Nolan Barclay, Helm’s first employee and most recent CEO, will continue to support the company as Chairman. Wadsworth brings more than two decades of maritime industry experience and visionary leadership to the role. He joined Helm a decade ago after nearly ten years with ClassNK in Japan, where...

Tokio Marine Kiln (TMK), a major specialist insurer, announces the launch of Enterprise Ctrl, a comprehensive enterprise errors and omissions (E&O) insurance solution that enhances the recently launched TMK Cyber Ctrl+ suite. This first-of-its-kind integrated offering provides enhanced Cyber, Technology E&O, Media and Intellectual Property coverage under one policy, reducing the risk of coverage gaps and addressing the digital risks facing modern businesses. Professional services lands...

The Women’s International Shipping & Trading Association (WISTA International) and BIMCO, the global trade association whose members represent 64% of the world’s tonnage, have signed a Memorandum of Understanding (MoU) to formalise collaboration in promoting diversity, sustainability, and professional excellence across the maritime industry. Working together, WISTA International and BIMCO aim to address shared industry challenges and create opportunities for professionals throug...

DNV, the independent energy expert and assurance provider, is launching the industry’s first public tender portal for e-methanol procurement within the European Union and the United Kingdom via the DNV.com website. The initiative connects a pioneering e-methanol producer with industrial offtakers across EU and UK markets, creating a new pathway to secure long-term, reliable supplies of this key low-carbon fuel. Key European regulatory frameworks As the global energy transition...

Q&A with Pasi Lehtonen, Executive Vice President, Offshore Solutions, MacGregor How well is MacGregor positioned in the offshore sector under Triton’s new ownership? MacGregor’s lifecycle-focused strategy is closely aligned with Triton’s commitment to sustainable growth and value creation, and with the support of our new owner, we are strategically positioned across the maritime and offshore sectors to deliver lasting value. Our solutions are proven, by performance,...

Corvus Energy, the world’s major supplier of energy-storage systems (ESS) for the maritime industry, announced it has secured a $60 million growth capital injection from a group of blue-chip international investors. Morgan Stanley Investment Management led an investor consortium that includes Just Climate and J. Lauritzen. Founded in 2009, Corvus Energy has pioneered maritime ESS and supplies more than half of the world’s zero-emission vessels. The company has delivered over 1,300...

Dutch, Werkendam-based shipbuilder - Concordia Damen has commenced construction of a new River Cruise vessel for Century Cruises, one of China’s major river cruise operators. The vessel has been developed in partnership with United Waterways, and marks Century Cruises’ official entry into the European river cruise market. The hull of the vessel, to be named Century Star, has recently arrived at Concordia Damen’s yard in Werkendam for outfitting. Delivery is scheduled for...

Xeneta, the globally renowned ocean and air freight rate intelligence platform, has unveiled a new generation of in-platform products, marking the next chapter in the company’s mission to transform freight procurement through data, insights and AI. Presented live to hundreds of industry pioneers at the annual Xeneta Summit in Barcelona, the new products will redefine how freight is bought and sold by reducing manual work and helping procurement teams to make better and faster decisions....

To mark World Mental Health Day, The London P&I Club has funded one full day of Stella Maris’ UK operations, supporting the charity’s work in providing practical, spiritual, and emotional support to thousands of seafarers every year who are struggling with stress, loneliness, exhaustion, bullying or exploitation. The Club’s contribution covers the costs of the charity’s ship visits, welfare support and pastoral care for a 24-hour period, ensuring thousands of seafare...

The International Maritime Rescue Federation (IMRF) has secured a major grant worth US$450,000 from The TK Foundation to create the world’s first free global e-learning system for the maritime search and rescue (SAR) sector. The project marks a major milestone in international efforts to strengthen the capabilities of key SAR and shipping personnel, and close critical training gaps for those who continue to put their lives at risk at sea.  To ensure equitable access and long-term su...

ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from green hydrogen, to support future demand for low-carbon marine fuels. The FPSO facility will be stationed off the coast of Portugal and powered by certified renewable electricity from the national grid under a Power Purchase Agreements. It will feature a 300 MW elec...

Technology group Wärtsilä and Seagems, a Brazil-based offshore operator formerly known as Sapura, has renewed and expanded its Lifecycle Agreement to cover its fleet of offshore support vessels. The renewed agreement expands the scope and elevates the strategic partnership and the importance of Wärtsilä’s services, aiming to enhance the reliability and reduce the carbon footprint of the vessels. The order with Wärtsilä was booked in Q3 2025. The new agreemen...

ClassNK has agreed to collaborate with GTT Training Ltd. (GTT Training), a GTT subsidiary dedicated to the training of professionals in the LNG and future fuels industry. Under the framework of the ClassNK Academy, ClassNK invites lecturers from GTT Training to provide specialised training courses on alternative fuels, focusing on LNG. Efficient handling of alternative fuels GTT Training specialises in providing training based on GTT's technology and know-how GTT is a technology and engineer...

An advanced design of an ammonia vent treatment system from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) received approval in principle (AIP) from ABS and the Liberian International Ship and Corporate Registry (LISCR). Ammonia vent treatment system The ammonia vent treatment system integrates compact scrubbers to treat ammonia fuel, which can escape during the purging process, to maintain safe concentration levels before discharge through the vent mast. HD KSOE says this design...

ABS has launched the Saudi Arabia Technology Center dedicated to industry-pioneering work on smart systems, robotics, AI and advanced digital technologies. Launched during the Saudi Maritime Logistics Congress, the pioneering research centre supports the Kingdom’s maritime strategy for global pioneership in shipping. Patrick Ryan, ABS Senior Vice President and Chief Technology Officer said: “We are witnessing unprecedented technology innovation in our industry, and this centre will...

ABS granted approval in principle (AIP) for VesselWise, a next-generation autonomous technology for optimising propulsion to improve fuel efficiency and enhance operational stability. The technology was developed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI) and HD Hyundai Marine Solution (HD HMS) for LNG carriers. ABS grants AIP for VesselWise The technology was reviewed by ABS for compliance in accordance with the ABS Requirements for Au...

Svanehoj, an ITT company, is further expanding its expertise in gas solutions with the acquisition of Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specialising in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on 1 October 2025. In recent years, Svanehoj has expanded its position as a supplier of marine pumps, tank control systems, and related service solutions. The acquisition...

ABS awarded a statement of compliance certificate to AVIKUS Co., Ltd., for the fuel-saving verification framework that AVIKUS has developed for HiNAS Control, an autonomous navigation system. ABS joined AVIKUS, shipping company HMM Co., Ltd., and the Liberian International Ship and Corporate Registry in a project to assess the fuel-saving potential of the navigation system by analyzing ship performance data from vessels with HiNAS Control installed. A verification framework was developed by AV...

ABS is supporting the marine industry in Alaska with a team of surveyors in key locations, enabling faster response times for inspection, survey and classification projects. Expanding its U.S. West Coast footprint, ABS is establishing a physical presence in Anchorage at the Port of Alaska. The port is the state’s key transportation hub, handling 75 percent of Alaska’s imports. The new site joins other ABS locations along the U.S. West Coast in Seattle, Portland, San Francisco, Los...

ABS granted approval in principle (AIP) for VesselWise, a next-generation autonomous technology for optimising propulsion to improve fuel efficiency and enhance operational stability.  The technology was developed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI) and HD Hyundai Marine Solution (HD HMS) for LNG carriers. The technology was reviewed by ABS for compliance in accordance with the ABS Requirements for Autonomous and Remote-Contr...

ABS issued approval in principle (AIP) to Samsung Heavy Industries (SHI) for its SnapWind Float, a new design of a semi-submersible-type floating offshore wind turbine.  The SnapWind Float is designed for next-generation 15MW offshore wind turbines. It incorporates a passive ballast system and optimised mooring lines to support stable performance in harsh offshore conditions, while minimising operational risks. The concept features an execution-oriented design optimised for the developmen...

ClassNK has issued an approval in principle (AiP) for a methanol fuel tank design concept developed by SRC Group. The certification demonstrates its feasibility from regulatory and safety perspectives.  With the growing adoption of alternative fuels such as methanol in the maritime industry, the development of safe and efficient fuel storage solutions has become increasingly important. The design concept enables efficient utilisation of fuel tank capacity while meeting safety requirements...

James Fisher Defence (JFD Global), a global provider of specialist marine and defence solutions enabling mission success at sea, has commenced a project to deliver to the Submarine Delivery Agency (SDA) - a new medical monitoring capability for integration into the NATO Submarine Rescue System (NSRS). The innovation marks a major upgrade to the NSRS’s existing capability, expanding capacity from monitoring four submariners to up to 76, including medical personnel, during rescue operations...

NAVTOR has announced a breakthrough product launch with Risk Intelligence, helping global users of its NavStation route planning platform navigate maritime’s “dynamic risk reality” with informed peace of mind. The agreement will see Risk Intelligence’s real-time maritime security risk data integrated into NavStation, appearing as clear, customisable and relevant notifications layered onto ENCs. This will allow navigators, and relevant shore-side teams, to plan and under...