The Board of Directors of FSL Trust Management Pte, as trustee-manager Singapore-based First Ship Lease Trust, said it has successfully settled a legal dispute with Danish shipping company TORM.
Innovo has been selected as one of 15 companies to participate in Innovate UK’s Global Business Innovation Programme. The programme, delivered by Enterprise Europe Network, will span activities from September 2020 to July 2021. It will focus on surface and underwater marine robotics systems and tech
Subsea tech firm Applied Acoustic Engineering (AAE) has launched their next generation USBL system – Pyxis USBL. The Pyxis USBL combines AAE’s Sigma 2 acoustic protocols and SBG Systems high precision Navsight Apogee Marine INS. Specifically, it results in AAE’s most accurate and long range position
South Korean shipping company HMM has signed a memorandum of understanding (MoU) with compatriot shipbuilder Samsung Heavy Industries (SHI) on smart ship technology.
Danish Port Esbjerg has formed a partnership with technology company Honeywell as part of its efforts to become climate neutral. Honeywell has extensive experience in measuring and managing digital transformation for cities and airports working to become greener and smarter. The arrangement involves
Japanese shipping company NYK Line, classification society ClassNK and power systems provider IHI Power Systems recently signed a joint research and development agreement to put the world’s first ammonia-fueled tugboat into practical use.
Oslo-based Wilhelmsen Group has signed a Memorandum of Understanding (MoU) with South Korean Hyundai Glovis to explore the potential of the global gas shipping market, and research into alternative vessel fuels, such as liquefied hydrogen. The MoU builds on the years-long relationship between the tw
Swiss freight trader Cargill has invested in ZeroNorth, the recent spin-off from Maersk Tankers, committing its entire operated fleet to use the Optimise software to reduce CO2 emissions through digital technology. The tie-up comes on the back of ZeroNorth’s announcement back in June that it was loo
The Sustainable Shipping Initiative (SSI) and Copenhagen Business School (CBS) Maritime have set up a new partnership with the aim of defining the sustainability criteria of the alternative fuels under consideration for shipping’s decarbonisation and their certification. As explained, no sustainabil
Ports of Stockholm, Hutchison Ports Stockholm, Mälarhamnar and Wallenius Marine have partnered up on a project to establish inland shipping between Stockholm Norvik Port and the strategically positioned Mälarhamnar ports of Västerås and Köping.
Bergen-based Connector Subsea Solutions (CSS) has signed an exclusive agreement with Abu Dhabi Oilfield Services Company (ADOS). Furthermore, this agreement gets support with the appointment of John Charalambides as CSS executive VP – Middle East & North Africa. The agreement has a minimum duration
Portbase, a subsidiary of the ports of Amsterdam and Rotterdam that manages digital port infrastructure and core processes in the ports, has completed the first phase of connecting with the TradeLens blockchain-based platform.
The project is Japan’s 1st effort to achieve zero emissions by using hydrogen to power vessels.
Korea’s Daehan Shipbuilding has entered into a joint development project with classification society DNV GL to develop small-size LPG carriers. The JDP process will commence from early September 2020 and is scheduled to be completed by the end of December 2020. Due to tightened emission regulations
