Yinson Green Technologies, through its subsidiary Yinson Venture Capital Pte., has made a strategic investment in Zeabuz AS, a Norwegian startup specializing in autonomous solutions for the maritime industry. The investment provides the foundation for YGT to work closely with Zeabuz in the developme
Belgian tanker shipping major Euronav has teamed up with Toqua, a compatriot tech startup focusing on decarbonizing shipping using AI to reduce emissions and improve fuel efficiency. The collaboration began in 2020 when Euronav and Toqua explored how sensor data could improve ship performance models
Nine ocean carrier members of the Digital Container Shipping Association (DCSA) have committed to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The bill of lading is one of the most important trade documents in container shipping. It functions as a document of
The Korean Register and Liberian Registry have awarded Approval in Principle (AiP) to the Hyundai Intelligent Navigation Assistant System (HiNAS 2.0) for autonomous shipping. The system, developed by Avikus, a subsidiary of South Korean shipbuilding major Hyundai Heavy Industries, uses augmented rea
Japanese shipping company Nippon Yusen Kaisha (NYK) and compatriot AI solutions provider Ghelia have entered into a business and capital alliance agreement to collaborate on projects regarding autonomous ships.
Dutch startup Circular Maritime Technologies (CMT) has received a cheque for the €1.7 million grant from the Kansen voor West subsidy program, which is largely financed by the European Regional Development Fund. The company said that the financing would be used for the first steps of CMI’s test and
Setting up a fully automated line for the joint production of ship parts by the Northern Netherlands maritime sector for the benefit of Northern shipyards is technically, financially, and organizationally feasible, a study shows. The feasibility study, ‘Shared Facility micro panel line for the North
Some 78% of industry professionals agree that change and technological innovation are positive things for the maritime industry, according to a report by Wärtsilä Corporation. However, almost half (45%) admit to having a volatile attitude towards technology and over a third (36%) say they are active
Around 1,000 vessels were affected by the recent ransomware cyber-attack on DNV’s ShipManager software, the classification society confirmed. The attack took place on 7 January forcing DNV experts to shut down ShipManager’s IT servers. DNV said that all users can still use the onboard, offline funct
American classification society ABS and South Korean HD Hyundai have signed a memorandum of understanding (MoU) to collaborate on autonomous technology for ships.
U.S.-based ship husbandry firm Armach Robotics has achieved a critical milestone during a demonstration of the in-water hull service robot (HSR). Armach, a spin-off company of marine software firm Greensea Systems launched in March this year, is currently in the ‘build it prove it phase’ that will a
Marine robotics company Ocean Infinity has taken delivery of the first two robotic vessels that will form part of the high-tech Armada fleet. The two ships have left Vard Vung Tau shipyard in Vietnam and are headed to Norway and Vard Søviknes. “Armada 7801 and 7802 have set sail from Vietnam and are
South Korea’s shipbuilder Samsung Heavy Industries has signed a Memorandum of Understanding (MoU) with French software corporation Dassault Systèmes to create a “smart yard” based on new digital transformation technology. The smart yard is designed to optimize the shipyard operations’ scheduling and
Danish container shipping major Maersk and IBM have decided to withdraw the TradeLens offerings and discontinue the platform. The blockchain-enabled shipping solution was created in 2018 with the aim of promoting more efficient and secure global trade, bringing together various parties to support in
