Japanese Shipping Giant Buys Into Norwegian Floating Wind Firm
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer."The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd. combined with the Odfjell family’s direct investment will remain the largest shareholder in the company…
Data-Driven Voyage Optimization: The Demise of the Data Silo
We’ve had the means for a while, now we have the incentive to crush the data siloes that are holding back voyage optimization.Like kids in the sandpit, owners and charterers are being forced to share, perhaps more than they really want to. The IMO and the EU, for starters, are setting data-driven decarbonization rules, and those in the sandpit are having to respond.Ship managers and data analysis specialists are developing technical solutions to boost transparency with the aim of facilitating shared responsibility on CO2 emissions, but it’s no easy task.
Tech File: Cassandra Light, an AI-Driven Platform for Ship Performance Insights
DeepSea Technologies launched Cassandra Light, a hardware-free AI-driven platform designed to deliver accurate vessel performance insights using only noon data, enabling charterers and shipowners to gain visibility and transparency on vessel performance across their whole fleet.Cassandra Light monitors and visualizes CO2 emissions and notifies users of fuel over-consumption, representing a key tool in charterers’ and shipowners’ efforts to reduce the environmental impact of their fleets in line with the wider goal of decarbonisation, and helping drive a significant reduction in fuel spend.
Zentech, WW Industries Partner
Two Houston based firms have teamed up to provide offshore drilling rig surveys, engineering and manufacturing for rig modifications or upgrades.Marine engineering and naval architecture firm Zentech Incorporated said it has partnered with fabrication, assembly, and testing company WW Industries (part of the Deepsea Technologies group) in an attempt to leverage the strengths of each other to provide complete turnkey, innovative and cost-effective solutions to their customers.The…
