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Technology Industry News

09 Nov 2023

Maritime Technology Firms NAVTOR and Voyager Worldwide Set to Merge

Tor A. Svanes, CEO and founder of NAVTOR

NAVTOR, an e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a provider of maritime technology solutions, have agreed to merge.The combined company will deliver products and solutions to approximately 18,000 vessels globally. The transaction is expected to close by December 2023.Both companies provide maritime technology solutions that enable shipping companies to improve safety, efficiency, compliance, and operational performance…

26 Jul 2023

Hyundai Mipo Dockyard to Design CSOV

Hyundai Mipo Dockyard Managing Director Jeong I-hyo (left) and Korea Register of Shipping Managing Director Yeon Gyu-jin (right)

HD Hyundai Mipo Dockyard has started joint development of a commissioning service operation vessel (CSOV) with Korea Register of Shipping (KR).The two companies agreed to develop their own design and cooperate with domestic companies to ensure a local offshore wind farm operation technology industry so that they can actively advance into overseas markets.Hyundai Mipo Dockyard plans to develop an optimised hybrid electric propulsion system with dynamic positioning performance suitable…

15 May 2023

Australia Creates Permit-Free, Autonomous Marine Tech Test Area

Australian Institute of Marine Science testing its ReefScan reef monitoring technology on an autonomous surface vessel in the ReefWorks test ranges. Photo by Marie Roman, courtesy of AIMS.

For the first time in Australia, autonomous marine technology developers have a location to safely test autonomous vessels without needing to apply for a permit. The Australian Institute of Marine Science’s ReefWorks inshore test range, near Townsville in north Queensland, was granted regulatory sandbox approval for uncrewed vessels from the Australian Maritime Safety Authority (AMSA).It’s the first approval issued under a proposed Australian Maritime Regulatory Sandbox advocated by Trusted Autonomous Systems (TAS), AIMS and AMC Search.

11 May 2022

Q&A: Growing Blue Economy Opportunities for U.S. Exporters

International Trade Specialist Maryanne Burke leads the Marine Technology Team of the International Trade Administration (ITA).

U.S. Commercial Service previews September 20-22 export forum  The growing demand for marine technologies is generating new export possibilities for U.S. companies. To help American businesses pursue these opportunities, the Department of Commerce is hosting Discover Global Markets: The Blue Economy, in Providence, R.I., Sept. 20-22, 2022. International Trade Specialist Maryanne Burke leads the Marine Technology Team of the International Trade Administration (ITA). Maryanne is part of ITA’s U.S.

10 Dec 2021

Maritime Industry Will Struggle to Hit Zero-emissions Target, SMT Says

© diegocardini / Adobe Stock

Shipping companies under pressure to cut emissions by 50% by 2050 will struggle to find alternative energy sources that completely reduce their carbon footprint, says maritime training provider Stream Marine Training (SMT).World leaders at the recent COP26 Summit in Glasgow, Scotland, have called on industries including maritime, which accounts for about 3% of global greenhouse gas emissions, to help tackle climate change.The task is huge, with alternative energy sources such as hydrogen still leaving a carbon footprint because of how they are produced…

15 Dec 2020

Larsen Takes the Helm at Norwegian Electric Systems AS

Geir Larsen will take over as the new Managing Director of Norwegian Electric Systems and will further develop the company’s position in energy design and smart control as part of the green shift. Photo: NES

Geir Larsen, 50, will take over as the new Managing Director of Norwegian Electric Systems and will further develop the company’s position in energy design and smart control as part of the green shift.Larsen has extensive management experience from the Norwegian maritime and marine technology industry. He has previously been at the helm of Vard Aukra, Inpower and ABAS Crane, and has also worked in aquaculture, including for the AKVA Group. Geir’s background is in electrical engineering and automation…

16 Mar 2020

Lee Named GNS Chief Executive

Kent Lee  (Photo: GNS)

Maritime services group Global Navigation Solutions (GNS) has appointed Kent Lee as Chief Executive Officer with effect from January 15,  2020. Kent’s appointment follows the acquisition of GNS by the Cornes Group in November 2019. He succeeds Paul Stanley, who led GNS from 2014 until its acquisition by Cornes.During the last 25 years, Kent has held a number of senior executive positions in the information technology industry with wide international exposure. In 2012, he co-founded CloudRadigm…

12 Mar 2019

Fuel Cells: industry examines options in race to zero emissions

Image Credit: Elliott Bay Design Group

A maritime consortium, including ABS and Sandia National Laboratories, recently proved the viability of a hydrogen fuel cell ferry designed for operations in the environmentally sensitive San Francisco Bay area. The IMO’s mandate to cap the sulfur content in marine fuel at the start of next year may be the biggest regulatory change in shipping since the requirement for double hulls, but the challenge will fade in comparison to its future goals to reduce green-house gases (GHG).A year ago (April 2018)…

05 Oct 2018

European Shippers Call for Action Against Unfair Trade

European Shipowners and Maritime Technology Industry call for decisive actions against unfair trade practices and in favour of global playing field.The European Shipyards and Maritime Equipment Association SEA Europe and the European Community Shipowners’ Associations (ECSA) welcome the recent statement of EU Trade Commission Cecilia Malmström against unfair trade practices in the Far East.The trade associations representing respectively European shipbuilding and maritime equipment and European shipowners now call upon the European Commission and the EU Member States to take concrete and decisive actions against such practices and in favour of a true global level playing field for the European industry.Market-oriented conditions…

29 Jun 2018

Innovation Starts @ Marine Hub Cornwall

Matt Hodson. Photo: Marine Hub Cornwall

Marine Hub Cornwall are on a mission to showcase the UK’s southwest coast as a world class center for marine technology and innovation. Working alongside Invest in Cornwall, which manages inward investment into the region, Marine Hub’s Operations Director, Matt Hodson, explains why he believes Cornwall is best positioned to be a global hub for the marine renewable industry.To kick off, can you give the readers a brief overview of your experience and what led you to become the…

02 Apr 2018

Trump to Unveil China Tariff List

The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world's two largest economies. The list of $50 billion to $60 billion worth of annual imports is expected to target "largely high-technology" products and it may be more than two months before tariffs take effect, administration officials have said. The U.S. Trade Representative's office needs to unveil the list of products by Friday under President Donald Trump's China tariff proclamation signed on March 22. The tariffs are aimed at forcing changes to Chinese government policies that USTR says results in the "uneconomic" transfer of U.S. intellectual property to Chinese companies.

08 Mar 2017

MPA to Enhance Singapore’s Hub Port Competitiveness

The maritime sector is undergoing significant transformation. To enhance Singapore’s hub port competitiveness, the Maritime and Port Authority of Singapore (MPA) is leveraging technology to help maritime companies innovate and move into new growth areas. MPA will be establishing the MPA Living Lab, and working with partners to set up three Centres of Excellence to deepen maritime R&D competencies. The MPA has also enhanced the Maritime Cluster Fund (MCF) for Manpower Development and the MCF for Productivity, to help Singaporeans up-skill for more knowledge-intensive jobs and maritime companies to adopt technology to improve business processes, respectively.

17 Feb 2017

Hatteland Display Unveils Large Format 4K Screen

Hatteland Display, the leading global provider of display and computer solutions for professional maritime use has expanded its next generation Series X Multi Vision Display (MVD) range with the addition of a new state-of-the-art, Ultra High Definition large format model for integration on maritime bridge systems. The new 32" Series X MVD features the same 4K screen resolution and high-end panel technology as the flagship Series X 55” Ultra High Definition Chart & Planning table. Like Hatteland Display’s flagship 55" 4K model, the new 32" Series X MVD provides unmatched viewing clarity in all light conditions. Its ultramodern approach represents the pinnacle of maritime display technology…

07 Apr 2016

Development on BWM highlights - IMO's R&D Forum

Ballast water management experts, meeting at the recent IMO-GloBallast R&D Forum in Canada, have showcased the latest developments in ballast water management and highlighted the areas where further research is needed, in order to prevent the spread of potentially harmful species in ballast water. Some 140 participants from IMO Member States, academia, private sector, testing facilities and the maritime technology industry were meeting at the International Civil Aviation Organization (ICAO) in Montreal, Canada, for the 6th Global Environment Facility (GEF)-United Nations Development Program (UNDP)-IMO GloBallast R&D Forum and Exhibition on Ballast Water Management (16-18 March 2016), under the banner “Ballast Water Management Convention – moving towards implementation”.

08 Mar 2016

Global Markets Ripe for US Marine Technologies

Maryanne Burke (Photo: U.S. Commercial Service)

The growing worldwide demand for marine technologies, port construction and shipbuilding is generating new export opportunities for U.S. companies. As more firms look to boost their bottom line by maximizing their reach to the more than 95 percent of world consumers who live outside of the United States, many are taking advantage of numerous export resources along the way. At the same time, many other businesses have yet to export. International Trade Specialist Maryanne Burke leads the U.S. Commercial Service’s Marine Technology Team, and is based at the Boston U.S.

27 Jan 2016

MarineCFO Management Team Expands

VerticaLive, the parent company of MarineCFO, has announced that long time trusted advisor, Jimmy Treuting, has accepted the position of CEO effective January 1, 2016. Jimmy has been a pioneer and entrepreneur in the technology industry for more than 25 years. His vision was instrumental in the successful retooling of MarineCFO into a profitable SaaS company following the acquisition of MarineCFO by VerticaLive in 2013. Jimmy has placed the highest priority on the MarineCFO product line, including the new on-vessel Vessel Live product, and also on adding more value to existing MarineCFO customers. Rocky Marchiano joined the MarineCFO team last summer as a consultant on Sub Chapter M.

23 Jul 2015

Maritime & Shipbuilding Italian Style

With its coastline of 7,800 km, Italy is expediently nestled in the heart of the Mediterranean Sea with the surrounding waters creating a tremendous resource for Italian economy. Businesses linked to the sea, including ocean technology firms, contribute significantly to Italy’s gross domestic product totaling more than $40 billion and representing 2.6% of total GDP. The Italian shipyard industry ranks among the top 20 in the world with ship building and boat-building accounting for 64% of the industry turnover, totaling 6.3 billion Euro in 2012, and Technological Equipment placed at 2.2 billion Euro. Italy is also a world leader in yacht production with more than 49% of the market share.

04 Sep 2014

PDMS Targets Maritime Industry with £1m Deal

Chris Gledhill

Maritime software engineering specialists PDMS Ltd. have announced an agreement for its U.K. subsidiary, Professional Data Management Services (U.K.) Ltd., to acquire certain parts of the business and assets of Maxima Information Group Limited, a subsidiary company within the Castleton Technology group of companies. In a deal worth close to £1 million, the acquisition relates to the ERP, payroll software and ferry ticketing business. PDMS has been developing ICT systems and solutions for the public and private sector for more than 21 years…

11 Jun 2014

Chromium Corp. Unveils LPM, EPA-Compliant Cylinder Liner

photo: courtesy Chromium Corporation

Chromium Corporation has announced the release of its LPM (Low Particulate Matter) cylinder liner that is fully in compliance with EPA 40 CFR 1033 (locomotive) and 1042 (marine) regulations. Through its advanced surface finishing technology, Chromium Corporation once again presents a product that meets today’s emission requirements. The LPM® cylinder liner is certified under EPA Non-Original Equipment Manufacturer Locomotive Component Certificate Of Conformity. This Tier 0+, 1+, 2 compliance solution can be used in all 645 and 710 engines families.

05 Mar 2013

Troy Container Hire New IT Manager

Photo: Troy

Troy Container Line Ltd., one of the largest American-owned NVOCCs, appointed Benjamin Towner IT Manager. Mr. Towner’s management of Troy Container Line’s website application development and enterprise architecture will support enhanced quality and customer service for web users. Mr. Towner joins Troy Container Line with 20 years of experience in the information technology industry. His background includes developing financial applications as well as enterprise resource planning with a focus on technology architecture components.

08 Oct 2012

Prysmian to Develop Offshore Wind Power

Prysmian Group, a leader in the energy and telecom cables and systems industry, is participating in the creation of Norstec, an association uniting the main players in the energy industry at the global level with the aim of supporting the production of renewable energy using offshore wind farms in the Northern Seas. Norstec, supported by British Prime Minister David Cameron, brings together more than 40 entities operating in the energy transmission infrastructure and technology industry, including world-leading manufacturers - such as Alstom, Areva, E.On, National Grid, Siemens, Vattenfall and Vestas —, developers, researchers and industry bodies…

05 Oct 2012

SEA Europe Appoints New Secretary General

SEA Europe Chairman, Lars Gørvell-Dahll (Left) and SEA Europe Secretary General, Douwe Cunningham (Right)

The European association for shipbuilding and marine equipment, SEA Europe, has appointed Mr Douwe Cunningham as the Secretary General at the occasion of their official launch party. Mr Cunningham the former Deputy Secretary succeeds with immediate effect Dr Reinhard Lüken who had announced his departure in May taking up the position as Managing Director of VSM, the German shipbuilding and ocean industries association. Mr Cunningham in his inaugural speech said of the association “2012 has given the maritime technology industry a united voice.

10 Sep 2012

Eniram Selected GCCA as 2012 Later Stage Award Top 30 Finalist

Leading Finnish provider of fuel saving technology to the shipping industry recognized for its development and growth by prestigious international Green Technology Award. Eniram Limited, the fast-growing Finnish provider of real-time decision support solutions for the shipping and marine industry, has been chosen by the Global Cleantech Cluster Association (GCCA) as a 2012 Later Stage Award Top 30 Finalist. Inclusion in the list reflects Eniram’s business growth in delivering technology that helps shipping companies become more fuel efficient and environmentally friendly. This award recognizes innovative mid to later stage cleantech companies around the world who are clearly contributing to the rising green economy.