IQAX Limited, an information technology company providing digital solutions for global shipping and trade, has been officially commissioned by the Global Shipping Business Network (GSBN) to develop, enhance and operate a blockchain platform.
Israeli shipping company ZIM Integrated Shipping Services and Marius Nacht, one of Israel’s leading serial entrepreneurs and investors, have jointly invested in a Series B Financing round of WAVE BL, a developer of a blockchain network supporting paperless trade in the shipping industry.
GateHouse Maritime has won a contract with the Polish gas transmission system operator GAZ-SYSTEM to monitor the area surrounding the Baltic Pipe between Denmark and Poland. The contract concerns the Baltic Sea offshore pipeline with an estimated length of 275 kilometres. The 5-year deal will see Ga
Global average opex per megawatt in the offshore wind sector has fallen significantly over the last eight years and is expected to further decline until 2029, driven by an increasing utilisation of new technologies and innovative solutions in operations and maintenance (O&M). “With economies of scal
DEME Offshore and Sabca have carried out a series of tests at the Rentel offshore wind farm with an aim to automate critical and ad hoc operations in the near future by using autonomous aerial vehicles (AAVs) and artificial intelligence (AI). The companies, which teamed up two years ago, have perfor
Towage operator Svitzer A/S, maritime technology group Kongsberg Maritime, and classification society ABS have signed an agreement to jointly develop RECOTUG, the world’s first fully operational, and fully remotely controlled tugboat.
The transformation of the shipping industry towards a smarter and decarbonized future will require a new and more complex risk management to preserve safety. The benefits of digitalization have never been more prominent than during the pandemic period where a lot of business activities went online a
Workers at the Victoria International Container Terminal in Melbourne, Australia, are expanding legally protected industrial action later this week, undertaking a series of stoppages and bans as they fight for a new workplace agreement. The Maritime Union of Australia said the workers have proposed
Dutch shipbuilder Damen Shipyards Group and Sea Machines Robotics, the USA-based startup developing autonomous ship solutions, have signed an alliance agreement to further investigate the adoption of collision avoidance functionality onboard Damen-built ships.
Shell, C3 AI, Baker Hughes, and Microsoft have launched the Open AI Energy Initiative (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries. Specifically, the OAI provides a framework for energy operators, service providers, e
Germany’s terminal operator has decided to acquire a majority share in iSAM AG, a compatriot specialist in automation technology.
DP World Antwerp Gateway has ordered a fleet of 34 Automated Stacking Cranes (Konecranes Gottwald ARMGs) for its container terminal in Antwerp, Belgium. The cranes will be an expansion to the current fleet of 20 ARMGs currently in operation. The first batch will be delivered in Q2 2022, the last bat
Norwegian contractor Reach Subsea has introduced new and future-proof, sustainable solution for subsea services. The project, named Reach Remote, is a cooperation with industrial partners Kongsberg Maritime and Massterly, and also gets support from Innovation Norway. The first stage of Reach Remote
Hutchison Ports Port of Felixstowe is about to deploy 5G technology and the Internet of Things (IoT) as part of the UK Government’s 5G Trials and Testbeds Programme. The Port of Felixtowe will be the largest UK port to deploy the technology as it eyes the opportunity to enhance productivity, efficie
