Corporate News

As the marine industry focuses on decarbonisation, Alfa Laval is experiencing demand for solutions related to LPG as fuel. With lower carbon emissions compared to conventional fuels, significantly reduced SOx, and a well-established global supply infrastructure, LPG presents shipowners with a viable path to compliance and decarbonisation, particularly in segments such as gas carriers. The success of this approach can be seen in orders from prominent system builders in the LPG market. FCM LPG...

Damen Marine Components (DMC) has been contracted to supply rudders, steering gear and nozzles to two major newbuilding projects in India. The contracts cover a total of 14 multi-purpose vessels (MPVs), and are constructed at two shipyards: Udupi Cochin Shipyard and Mazagon Dock Shipbuilders. Both end-clients chose for DMC equipment. The first project involves eight 6,300 DWT MPVs being built by Udupi Cochin Shipyard (UCSL) for a Scandinavian customer. These vessels mark the very first ord...

Nippon Kaiji Kyokai (ClassNK) has granted approval in principle (AiP) to SRC for Methanol Superstorage, the innovative tank design concept that uses a Sandwich Plate System (SPS) technology to almost double shipboard storage capacity for both methanol and ethanol. The ClassNK AiP confirms that Methanol Superstorage is feasible for the intended application in accordance with the Society’s 'Guidelines for Ships Using Alternative Fuels, Part A: Guidelines for Ships Using Methyl/Ethyl Alcohol...

Kongsberg Maritime has been awarded the official tender to deliver a state-of-the-art K-Sim Engine Full Mission and Desktop Simulator system to Aboa Mare Maritime Academy and Training Centre in Turku, Finland. The delivery, scheduled to be completed in Q1, 2026, will include some of the most advanced simulator models available, covering both conventional and next-generation propulsion technologies, such as hybrid, dual-fuel, battery, and methanol-fueled engines. Maritime industry’s green...

The Maritime Technologies Forum (MTF) released a comprehensive report providing guidelines for the safe inspection of methanol dual-fuel ships. The project was led by the Maritime and Port Authority of Singapore (MPA) with the participation of various MTF members. IMO emission regulations As the maritime industry accelerates its shift to alternative fuels under increasingly stringent IMO laws As the maritime industry accelerates its transition to alternative fuels under increasingly stringen...

Staci Satterwhite, CEO of ABS Wavesight, the ABS-affiliated software-as-a-service (SaaS) company, has challenged the industry to embrace software as a competitive advantage at a time of growing pressure on performance. Speaking to delegates at the 15th Annual Capital Link Operational Excellence in Shipping Forum in Athens, Greece, Satterwhite laid out the growing roster of operational risks facing shipping and invited them to consider the importance of software in creating solutions. Regulator...

Technology group Wärtsilä has signed a ten-year Lifecycle Agreement with Hong Kong based OPearl LNG Ship Management covering a total of 14 LNG Carrier vessels. The agreement is designed to ensure the vessels’ maximum operational reliability by enabling flexible maintenance scheduling and optimising time between overhauls (TBO). The agreement was booked by Wärtsilä in Q3 2025.   Global LNG demand is rising, making prompt deliveries essential. Wärtsil&au...

U-Ming Marine Transport Corporation (U-Ming) and renowned wind propulsion technology provider - Anemoi Marine Technologies Ltd. (Anemoi) are pleased to announce the successful completion of the Rotor Sail installation on U-Ming’s Grand Pioneer, a 325,000 DWT Very Large Ore Carrier (VLOC). U-Ming is the first Taiwanese shipowner to adopt Rotor Sails, marking a major milestone in the company’s decarbonisation strategy and underlining its role as a first mover in deploying innovative c...

Ulsan Port Authority (UPA) announced that it successfully completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port on September 28, 2025. This achievement follows Ulsan Port’s world-first successful methanol bunkering demonstrations for container ships (PTS/STS) in 2023-2024, reaffirming its role as a major hub for sustainable marine fuel supply. With this success, Ulsan Port has expanded its bunkering track record from container ships to bulk carri...

“Nuclear energy is no longer a distant possibility for maritime applications, it is emerging as a legitimate, practical, and scalable solution for a wide range of strategic uses. It is a credible long-term solution, not simply because of its potential to reduce emissions, but because it offers unmatched energy density, reliability, and strategic independence.” That was the message for the industry from ABS Chairman and CEO Christopher J. Wiernicki at the Core Power Argo Conference i...

Kongsberg Maritime has signed a contract with REACH Subsea ASA for the design, construction, and delivery of two additional unmanned surface vessels (USVs), expanding the pioneering REACH REMOTE fleet. The vessels will be based on Kongsberg Maritime’s UT5208 design, a purpose-built 24-metre platform engineered for remote and autonomous offshore operations. This agreement follows the success of REACH REMOTE 1 and 2, with the first vessel recently completing a series of fully remote-contro...

Kongsberg Discovery and Aker Solutions are joining forces to showcase a drone (UAV) detection system in Stavanger, using Kongsberg’s Drone Detection Radar. This marks the beginning of a broader rollout of infrastructure products in the North Sea to enhance situational awareness around offshore assets and transit lanes. Kongsberg Discovery develops subsurface, acoustic, navigation, and marine robotics systems, including AUVs and USVs. The company’s technologies are used in navigat...

ClassNK has released new guidelines for those involved in container shipping, aiming to enhance the efficiency of container stowage, while ensuring safety measures, such as preventing cargo collapse. These guidelines apply the latest expertise in weather forecasting, ship motion, and digital twin technologies. The newly released 'Guidelines for the Safety of Maritime Cargo Based on Weather Forecasts,' 'Guidelines for Anti-Rolling Devices,' and 'Guidelines for Container Stowage and Securing Arra...

RAD Propulsion, the UK-based innovator in next-generation electric marine propulsion systems, announced its expansion into the USA with the opening of an office in Charleston, South Carolina. This strategic move marks the next stage in RAD’s business plan, reflecting growing demand for sustainable, high-performance marine technology across North America. The expansion builds on RAD’s successful partnerships, including its ongoing collaboration with Zodiac of North America, a renowne...

Strategic Marine has laid the keels for a series of three new 43m Passenger Fast Ferries for new client Bintan Resort Ferries at its Singapore yard. The contract for these newbuild vessels establishes a new relationship between the provider of ferry services between Singapore and neighbouring Bintan Island with pioneering aluminium boat builder Strategic Marine to replace and expand its current fleet. IMO HSC Code requirements Bintan Resort Ferries currently operates three ferries, each...

ABB has been recognised as a pioneer in the 2025 Gartner® Magic Quadrant™ for Global Industrial IoT Platforms. ABB views the recognition as a reflection of the company’s continued commitment to delivering innovative industrial AI and IoT solutions that empower industries to operate leaner and cleaner.  Data-driven business outcomes “Being recognised by Gartner® four consecutive times and now positioned as a Leader is a proud moment for ABB and we see it is a tes...

Sallaum Lines has celebrated the European debut of its first LNG dual-fuel newbuilding, the Ocean Breeze, with a landmark ceremony in the port of Antwerp. The vessel’s launch underscores the company’s commitment to sustainability and marks an important step in its broader fleet expansion strategy. Event highlights The milestone was marked on 19 September with a celebration at Sallaum Terminal, attended by international guests The milestone was marked on 19 September with a celeb...

A groundbreaking collaboration to develop inspection technologies for Persona AI’s humanoid robot platform that enhances productivity and safety in shipyards was formalised now with the signing of an MOU between ABS and Persona AI. The initiative will focus on adapting Persona AI’s humanoid robots, based in part on NASA’s robotic hand technology, for a range of shipyard tasks. Unlike traditional industrial robots, humanoid robots are uniquely suited to operate in shipyards des...

“It is a constantly changing picture, which is extremely challenging for a lot of our clients. Basically, there has been a huge increase in the volume of cases when it comes to sanctions-related issues.” How does one navigate their way through a plethora of new and constantly changing rules that can affect large parts of their business, some of which one may not even be aware of until the very last minute? Combine that with those rules being made by several different jurisdictions...

KONGSBERG has the wind at its back. Geir Håøy, CEO, explains how renewable energy will power the group’s ambitious growth plans, with particular focus on consolidating a major global position in offshore wind. With Nor-Shipping 2023 on the horizon, Håøy says #PartnerShip will help unlock value and drive development throughout the ocean space. Geir Håøy isn’t the kind of CEO who suffers from over-enthusiastic language and grandiose promises. I...

Sperry Marine, a global major in navigation solutions for seagoing vessels, has been selected to supply the complete Integrated Bridge Systems for two highly innovative container vessels under construction for Samskip. Built by Cochin Shipyard Limited, the groundbreaking vessels will be delivered, achieving zero-emission propulsion and ready for future autonomous navigation. Green corridor initiative The two ships combined are expected to reduce CO₂ emissions by approximately 25,000 tons annu...

Strategic Marine is pleased to announce the successful Technical Acceptance for a pair of two 40m 550-Passenger Aluminium Catamaran Ferries being for the Government of Bermuda. This important milestone marks the vessel’s readiness to progress toward final delivery and deployment in Bermudan’s waters. Bermuda’s public transport Designed by One2Three Naval Architects, the ferry incorporates modern features to enhance passenger experience, comfort, accessibility, and operationa...

Norway-based maritime technology business, Shipnet has announced consistent growth since its launch in 2021 for its dry docking software with project numbers at an all-time high. The technical project management tool which aids businesses create efficiencies while their vessels are in dry dock has seen year-on-year growth since 2021 and has now conducted a total of 486 projects. Sustainable product growth Anil Bhardwaj, web and mobile product owner of Shipnet said: “We released our dry...

Brunvoll has signed a contract with Astilleros Zamakona S.A. for the delivery of a complete propulsion, manoeuvring, and positioning system for a live fish carrier. The shipowner is Trident Aqua Services, which already has two vessels with similar specifications under construction. The propulsion system comprises a controllable pitch shaftline propeller and a twin-in–single-out reduction gearbox, powered by two electric motors with a combined output of 3,000 kW. The propeller measures 3.4...

The Switch, a globally renowned supplier of permanent magnet shaft generators, celebrates its 500th shaft generator order. This milestone underscores the company’s pivotal role in supporting the maritime industry’s transition to cleaner, more efficient shipping. Green transition in shipping "Reaching 500 orders is a milestone not just for The Switch, but for the shipping industry as a whole," said Jussi Puranen, Product Line Director for Electric Machines, adding "Every shaft gene...

NorthStandard has appointed Matt Holmes and Andrew Carter to lead its newly created Upstream Energy and Marine & Energy Liability sectors, expanding the insurer’s specialty portfolio into significant adjacent markets. Holmes and Carter join from Dale Underwriting Partners on 29 September, bringing decades of expertise in energy and complex liability risks. Integrated marine and energy solutions Matt Holmes will head NorthStandard’s Upstream Energy sector, with Andrew Carter pi...

Japanese shipowner Nissen Kaiun has become a shareholder in Dutch Wind-Assisted Shipping Propulsion pioneer Econowind. This move highlights growing industry interest in fuel-neutral technologies. The Imabari-based shipping company, which operates a diversified fleet through several subsidiaries, said it had chosen Econowind for its technology. Wind-Assisted Ship Propulsion solution “We recognised that Econowind has a mature Wind-Assisted Ship Propulsion solution in the market,”...

Technology group - Wärtsilä has signed a strategic training partnership agreement with GigaMare Inc., a major provider of tailor-made training in maritime operations, repairs and maintenance. The agreement makes GigaMare an official Wärtsilä training partner with the right to deliver crew training on selected Wärtsilä engines in the Philippines. The Philippines plays a significant role in the global maritime industry, home to a large percentage of the world's seafa...

Hanwha Ocean, one of the major shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal. The contract is the latest milestone in the long-standing collaboration between ABB and Hanwha Ocean. ABB’s remote control ABB’s integrated electrical system on board the Floating Storage and Regasification Unit (FSRU) will comprise a medium voltage generator, 6....

bound4blue has taken another step forward in its mission to accelerate and simplify the adoption of wind power, with the validation of its ‘wind propulsion system force matrix calculation methodology’ by Lloyd’s Register (LR). The validation gives shipowners a robust, credible and compliant means to calculate the Pwind value of installations, ensuring they unlock full regulatory (and cost) benefits under frameworks such as FuelEU Maritime, and EEDI/EEXI. Advanced CFD-based ca...