Regulations

ClassNK tech trends for marine environment 2025

ClassNK has released 'ClassNK Technical Journal No.11 2025 (Ⅰ)'. This issue features the title 'Latest Technological Trends for Protection of the Marine Environment', providing the particularly well-received presentations on 'Underwater Noise from Ships' and 'Safe Decarbonisation’ from 'ClassNK R&D Forum 2025', which was attended by more than 200 participants. 'ClassNK Technical Journal', has been published to contribute to the advancement of technology and society through the outcome...

WFW advises ING on TCIF loan for tank containers

Watson Farley & Williams advised ING Bank N.V., Singapore Branch—acting as arranger, lender and facility and security agent — on a term loan facility provided to Tank Container Investment Fund Pte. Ltd. (“TCIF”), a subsidiary of a sub-fund managed by FPG AIM Capital Pte. Ltd. (“FAC”), for the acquisition of stainless-steel tank containers. The facility — FAC’s first fund financing — includes an accordion option for potential upsizing and...

ABS Wavesight aids Navios with compliance platform

ABS Wavesight, the ABS-affiliated software-as-a-service (SaaS) company, has been chosen by Navios Maritime Partners L.P. to provide a single integrated platform to support compliance with the FuelEU Maritime Regulation and EU Emissions Trading Scheme (ETS) requirements. As of January 1, 2025, companies with ships calling on EU ports must collect and report key fuel-related data in preparation for EU submission deadlines. The ABS Wavesight platform offers a seamless experience that automate...

WFW advises on MPCC's strategic fleet expansion & vessel sales insights

Watson Farley & Williams (WFW) advised shipping company - MPC Container Ships ASA (MPCC) on two transactions, as part of the implementation of its fleet strategy. The first transaction was the order of four new 4,500 TEU container vessels from Chinese shipyard Taizhou Sanfu Ship Engineering for a total investment of US$228 million. The ships are scheduled for completion and delivery to MPCC in the second half of 2027. Decarbonisation of maritime transport MPC has already signed three-year...

OrbitMI acquires AI firm AuQub to boost maritime tech

OrbitMI is pleased to announce that it has agreed to acquire Quebec-based AuQub, an artificial intelligence (AI) firm whose suite of AI-driven agents optimises workflows and automates repetitive tasks, helping businesses enhance productivity through more efficient decision-making. By incorporating AuQub’s innovative and accessible SaaS solutions into its platform, OrbitMI continues to advance the adoption of intelligent, connected workflows to help its maritime customers operate profitab...

Marine Masters' SAA decommissioning success

Marine Masters has successfully completed its offshore scope for the decommissioning of the South Angsi Alpha (SAA) platform, operated by Hibiscus Oil & Gas Malaysia Limited. The campaign marks a major milestone in the repurposing of retired offshore infrastructure, with the platform’s substructure now resting on the seabed as part of Malaysia’s largest rig-to-reef project. Safe removal and partial reefing Topside and substructure were designed for safe removal and reefing in...

Regulations: Manufacturers & Suppliers

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