Zergratran SA, a transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific, has announced its Reg A+ offering to raise $75 million in funding as its initial step to building the first Green Shipping Corridor. The Puer
Geo-data specialist Fugro has signed a collaborative agreement with UAE-based port operator Abu Dhabi Ports (AD Ports) that sets out combined goals to utilise remote and autonomous technologies in the region. Whilst the agreement formalises the partnership, the companies have been working together s
Fugro has launched its Blue Essence uncrewed surface vessel (USV) in Abu Dhabi, said to be the region’s first such vessel. The 12-meter USV was launched at Mugharraq port and sailed to its new home in Al Mirfa by Fugro’s control and command center in the UAE. The Al Mirfa port will be the home to th
The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation.
South Korean shipbuilder Hyundai Heavy Industries Group (HHI) has decided to expand its partnership with American software company Palantir Technologies to digitise operations.
Norwegian company ASKO Maritime AS hosted a christening ceremony last week for two fully electric, autonomous vessels in the Port of Moss, Norway. MS Marit and MS Therese are named after world-leading cross-country ski champions Marit Bjørgen and Therese Johaug, who acted as the vessels’ godmothers.
ABS has awarded approval in principle to Sea Machines and Foss Maritime for their vessel autonomy system, the SM300, that provides autonomous navigation and collision detection and collision avoidance (CDCA). Foss plans to install Sea Machines’ SM300 system on board its harbor tug Rachael Allen to e
Port group PSA Corporation Ltd (PSA) officially inaugurated Tuas Port in Singapore, on Thursday, 1 September, with the first three berths operational at Phase One of the development. The terminal is progressively developed in four phases. When fully operational in the 2040s, it is expected to be the
Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has signed a contract for a five-year framework agreement with UK’s ports group Associated British Ports (ABP) to digitalise operations at 21 ABP ports.
The harbor tug Maju 510, owned and operated by Keppel Smit Towage, a member of Rimorchiatori Mediterranei, has won the Autonomous and Remote-Control Navigation Notation from ABS classification society. The tug is said to be the first vessel in the world to receive the notation in question from ABS a
The maritime industry is forecast to spend $931 million on artificial intelligence (AI) solutions in 2022, according to a recent report published by Lloyd’s Register in cooperation with Thetius. That figure is expected to more than double in the next five years to $2.7 billion by 2027, a compound an
Port of Tallinn (Tallinna Sadam) has decided to invest up to €53 million to build a new 310-metre quay with a 10-hectare area beyond the quay in Paldiski South Harbour, Estonia, to support the construction and maintenance of offshore wind farms in the Baltic Sea region.
Woodside has joined forces with the industry to design a new offshore inspection system, expanding and exploring new horizons in robotics.
Diverse Marine has signed an agreement with Nauticus Robotics to construct the initial production run of the autonomous surface vessel (ASV) Hydronaut for the Nauticus Fleet, a robotic navy with 20 Hydronaut vessels. The announcement follows 18 months of close collaboration between the two companies
