QinetiQ Maritime’s Paramarine software, a ship and submersible design tool, has released its latest version of software including a number of new capabilities. The new functionality in Paramarine V8, developed by QinetiQ GRC, is intended to further meet the needs of commercial ship designers and builders, whilst reinforcing its capabilities in the naval market. A major addition in the latest version of Paramarine is the introduction of probabilistic damage modeling and assessment, a requirement for all passenger and cargo vessels. Coupled with its innate parametric functionality and a flexible reporting system, Paramarine aims to deliver…