Cardiff-based Idwal Marine Services, a leading provider of tech-enabled inspection services for the global commercial shipping sector, has secured a significant investment from private equity partner LDC to support the development of its business and expand its global footprint. Idwal provides specialist asset condition and integrity inspection services, fleet monitoring and data services for customers […]
The world’s largest independent shipbroker, Simpson Spence Young (SSY), has announced today that maritime expert Justin Wang will join the global SSY LNG team as a ship broker, effective from April 2023. Based in Beijing, Wang will be the first active LNG shipbroker in the Chinese capital and will focus on further expanding SSY’s LNG […]
Thousands of seafarers regularly entering UK waters should enjoy better pay protections, as the Government continues to boost rights and working conditions whilst preventing firms from using legal loopholes to pay low wages. The Seafarers’ Wages Act received Royal Assent on Thursday 23rd March and is now law. A key strand of the Government’s nine-point […]
IMO Secretary-General Kitack Lim was this week updated on the Black Sea Grain Initiative, during a meeting with Mr Abdullah Abdul Samad Dashti of Kuwait, United Nations Coordinator for the Black Sea Grain Initiative. The Initiative, originally signed in Istanbul on 22 July 2022, has recently been extended for the second time. During the first […]
The Port of Cork Company (PoCC) has entered an agreement with Innovez One, a provider of port management systems, to accelerate the digitalisation of its port calls and operations. Under the agreement, Innovez One will provide its flagship software, marineM, to fully digitise and optimise crucial marine services for vessels arriving and departing Ireland’s second-largest […]
One Sea welcomes Finnish start-up Groke Technologies as its new member, bringing additional expertise in situational awareness and autonomous navigation to the global alliance on maritime autonomous surface ships (MASS). Founded in October 2019, Groke Technologies provides state-of-the-art situational awareness systems and intelligent information to support decision making and safer vessel operations with reduced burden […]
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Electric Power Development Co., Ltd. (J-POWER) have decided to install Seawing, an automated kite system using wind power, on Corona Citrus, an 88,000 DWT-type special coal carrier for J-POWER. Completed on September 11th, 2019, the 230-metre Corona Citrus is equipped with a ballast water treatment system for protecting […]
Watson Farley & Williams (WFW) has advised Navigator Holdings on a US$200m loan agreed with a syndicate of lenders, led by ABN AMRO Bank and Nordea and including SEB and BNPP, for the financing of 10 vessels. Highlighting the ever-increasing importance of the sector’s focus on achieving its ESG goals, the loan agreement notably included […]
Cobham Satcom has received Japanese Radio Law certification for use of the innovative SAILOR 1000 XTR and SAILOR 600 XTR Ku VSAT antennas with the ST Engineering iDirect MDM3315 satellite modem. The new modem option provides users with a supported platform for current and future usage whilst offering choice and availability with increased performance. This […]
Thordon Bearings has indicated a polymer propeller shaft bearing lubricated by seawater could generate significantly less underwater radiated noise (URN) than metal bearings lubricated by oil. The Canadian polymer bearings specialist says the low URN of a ship operating with seawater-lubricated propeller shaft bearings is one of the reasons why the arrangement is favoured by […]
Swedish marine tech company Qtagg is releasing an update to its voyage optimization system EcoPilot that introduces a CII (Carbon Intensity Indicator) mode. Using the CII mode, the ship arrives at its destination with a predetermined CII rating. EcoPilot is already an established solution, that saves fuel, decreases emissions and optimises propulsion efficiency on ro-ro, […]
