The Korea Trade Insurance Corporation (K-SURE) and Trafigura have entered into a USD200 million mid- to long-term financing agreement to boost the export business of Korean shipping companies.
Following the initial order in May 2023 for three newbuilds, this brings the total to five vessels and 20 VentoFoils, with each ship fitted with four 16-meter wind wings.
Improving the effectiveness of mooring lines and dynamic cables on floating offshore wind farms is the focus of a new project commissioned by the Offshore Renewable Energy (ORE) Catapult.
Developing the technologies for efficient and reliable seafloor monitoring is paramount when considering the potential for socioeconomic harm represented by megathrust earthquakes.
A new advanced simulation suite supplied by technology group Wärtsilä for the Akademi Laut Malaysia (ALAM) maritime training institute was inaugurated on 17 July 2025.
After several years of development and testing, the closed aquaculture facility from Norwegian company Bluegreen is ready for commercial rollout, following some structural reinforcements.
