The South Korean government is planning to build smart shipyards equipped with artificial intelligence technology in a move expected to boost the cost competitiveness of the nation's small to mid-size shipbuilders.
Japanese classification society ClassNK is advising owners to fit ballast water management systems (BWMS) well ahead of time as it sees a large spike in retrofit numbers in 2022.
Every year since 2003, October has been recognized as National Cyber Security Awareness Month (NCSAM) in the US, aiming to raise awareness about the importance of cyber security.
Kongsberg, the Norwegian company leading the world in autonomous shipping, has sought to allay fears that technological advancements will lead to widespread job losses in the industry.
ExxonMobil said that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by about 45,000 barrels per day.
The maritime industry has usually been slower when it comes to transformation. However in recent years, the digitalisation and automation of its supply chain has significantly changed shipping from the inside.
L3 Technologies (NYSE:LLL) announced today that it acquired ASV Global, LLC, a leading unmanned surface vessel (USV) and autonomous vessel control systems company on September 20.
