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Bearing and MOL team up to bring AI to the maritime shipping industry

Digitalization
Bearing is a Silicon Valley-based AI technology startup that focuses on streamlining shipping operations.

Hapag-Lloyd: Green financings concluded for six large container ships on order

Business
Syndicated loan of USD 417 million and lease financing of USD 472 million agreed

BAE Systems to power UVM’s vessel with electric power and propulsion system

NewBuilds
BAE Systems will supply and integrate the electric hybrid power and propulsion system for UVM’s new maritime vessel on Lake Champlain

NYK to build two new LPG dual-fueled VLGCs

NewBuilds
Both ships will be built at the KHI Sakaide Works shipyard and are set for delivery in 2022.

ABS awards world’s first notation recognizing infectious disease mitigation

Safety & Regulations
Tasik Subsea’s Diving Support Vessel Southern Star has become the first ever to be awarded an ABS Infectious Disease Mitigation notation.

GE awarded DOE grant to research 3-D printing of wind turbine blades

R&D
Group will focus on using Additive Manufacturing to 3-D print blade tips, enabling the design of larger rotors

Brand new NAUTIS Simulators will cruise to South Korea

Education & Training
VSTEP signs a deal with the South Korean partner, SRC CO Ltd. to deliver NAUTIS Simulators at JEJU Seong San High School.

TerraSond awarded NOAA contract to provide hydrographic surveying services

Autonomous Shipping
TerraSond, an Acteon company, has been awarded a five-year IDIQ contract by the Hydrographic Surveys Division of the National Oceanic and Atmospheric Administration (NOAA)’s...
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