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The Commercial, Corporate and Finance Team at Campbell Johnston Clark (CJC) recently assisted Yangzijiang Maritime Development (YMD) to secure its primary listing on the Main Board of the SGX-ST. The successful listing resulted in a market capitalisation for YMD of around S$2.15 billion. CJC’s London-based team was led by James Clayton, Partner and head of the Commercial and Finance practice, and Consultant Alastair Macaulay. Demonstration of CJC’s capabilities “This project...
Watson Farley & Williams (“WFW”) advised Okeanis Eco Tankers Corp. (“Okeanis”) on its successful offering of about 3.2m new shares of common stock, raising approximately US$ 115m. Proceeds from the offering will be used as partial consideration for the acquisition of two newbuild Suezmax vessels currently under construction at Daehan Shipbuilding Co. in the Republic of Korea. The transaction attracted strong investor demand, and the shares were issued at price a...
Seatronx, manufacturer and distributor of the finest rugged electronics catering to the military, maritime and industrial markets, announced now it has a range of products that are 100% compliant with the latest U.S. Coast Guard’s Electronic Charting System (ECS) regulation revisions. The company stands ready to keep vessel operators compliant, safe and inspection-ready. Range of ECS solutions Under the new regulations, compliance requirements extend beyond traditional commercial vessel...
Helm Operations has announced that nine electronic record books within Helm CONNECT Logbook have been officially approved for use in accordance with MARPOL requirements by both Lloyd’s Register and the Republic of the Marshall Islands. This dual certification confirms that Helm CONNECT’s electronic record books meet the standards outlined under MARPOL, the NOx Technical Code 2008, and the Ballast Water Management Convention. It provides operators with a certified, compliant alternat...
BAR Technologies, a pioneer in wind propulsion and maritime efficiency, has been awarded the 2025 GREEN4SEA-Europort Energy Transition Award in recognition of its commercially proven WindWings technology. The award was presented during the Europort 2025 Exhibition, celebrating organisations driving significant change in the maritime energy transition. BAR Technologies was selected from a shortlist of respected maritime technology providers, including Accelleron, bound4blue, Brunvoll, NatPower M...
ABB has signed a memorandum of understanding (MoU) with Swedish nuclear energy company - Blykalla to support and accelerate the deployment of small modular lead-cooled reactors to the maritime industry. Building on the terms of an existing MoU between Blykalla and ABB signed in October 2024, which targets developing lead-cooled SMR technology to support Sweden’s clean energy requirements, this agreement expands the partnership and aligns with growing momentum for nuclear energy as a marin...
The hull of the state-of-the-art DP3 cable-laying vessel - Nexans Electra arrived at Ulstein Verft on 5 July 2025. This marks the commencement of the outfitting and completion phase of the vessel. Upon completion in 2026, she will feature a split turntable on deck capable of holding up to 10,000 tonnes of cable, an under-deck turntable with a 3,500-tonne cable capacity, and a fibre optic tank with a 450-tonne capacity. Ulstein Verft and Nexans Ulstein Verft will also install the main par...
ABS published a new technical paper that provides an analysis of the offshore technologies supporting carbon capture and storage (CCS), a much-publicised approach to support heavy industry’s journey to lower carbon energy solutions. In the research, ABS dissects the shift to dedicated carbon dioxide (CO2) injection and storage facilities from existing enhanced oil recovery processes, where CO2 is injected into a reduced pressurised oil reservoir to recover residual remaining oil. Floatin...
Ulstein Group and Larsnes Mek. Verksted are working together to deliver 28 standard vessels for the Norwegian Navy. This marks the beginning of a close collaboration between two of Norway's most experienced and modern shipyards, aiming to deliver the future naval vessels. Joint response and close dialogue Ulstein and Larsnes submitted a joint response and have since had several meetings with NDMA Earlier this year, the Norwegian Defence Materiel Agency (NDMA) conducted a market survey to ass...
The commissioning of France’s largest-ever shore power solution for ships at the Port of Toulon has been completed. Operational since February 13, the installation is currently in its final acceptance period. The consortium responsible for delivering the installation was led by ABB, comprising also construction company Eiffage Construction and electrical installation company - Fauché responsible for building and civil engineering services. The facility supports cruise and ferry ve...
bound4blue has taken a major step forward in simplifying the adoption of wind power worldwide, with DNV validation of its ‘wind propulsion system force matrix’ calculation method. This validation provides ship owners, designers, and yards with a trusted, regulation-ready tool to evaluate the performance of bound4blue’s eSAIL®. The validation gives the industry a reliable tool to easily calculate the benefits of bound4blue’s eSAIL® suction sail technology, without...
Kongsberg Maritime has signed a Memorandum of Understanding (MoU) with India’s Garden Reach Shipbuilders & Engineers (GRSE) during the Nor-Shipping 2025 event in Oslo, initiating a collaborative effort to explore the design of India’s first indigenous polar research vessel. The agreement marks a significant milestone in India’s ambitions to strengthen its polar research capabilities and scientific presence in the Arctic and Antarctic regions. Kongsberg Maritime signs MoU...
ABS issued approval in principle (AIP) to HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for an innovative new design of a cargo handling system and fuel gas supply system. Hi-ecoGAS and Hi-neoGAS systems Named Hi-ecoGAS and Hi-neoGAS, the systems are designed to handle boil-off gas in dual-fuel engines on gas carriers. The innovative approach has an optimised fuel gas supply system for feeding the fuel gas to the dual-fuel engine, or an LNG...
KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) on June 3 during Nor-Shipping 2025 to jointly develop a very large ethane carrier (VLEC). Ethane carriers are high value-added vessels designed to transport liquefied ethane at ultra-low temperatures of around -100°C. These ships require advanced engineering capabilities and highly specialised design expertise due to the complexity of their cargo. New very large ethane carrier (VLEC)...
Indian Register of Shipping (IRS) is pleased to announce a significant milestone with the successful launch of an inter-island passenger ferry at Mokpo, South Korea. This vessel marks the first project from a Korean owner to be classed with IRS, representing a landmark moment in the class society’s growing international footprint. The vessel is being constructed by Miraero Shipbuilding, Ltd for Dea Bu Marine Transport Ltd., and is intended for inter-island service along the Korean coast....
KR (Korean Register) signed two Memoranda of Understanding (MoUs) with Hanwha Ocean on June 3 during Nor-Shipping 2025 in Oslo. The agreements cover the joint development of a 150K ultra-large ammonia carrier and an LNG carrier featuring a forward deckhouse arrangement. The 150K ammonia carrier project aims to develop an ultra-large vessel capable of transporting substantial volumes of ammonia, while also utilising ammonia as marine fuel. Special emphasis will be placed on safety design, given...
KR (Korean Register) signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo to jointly develop a 174,000㎥ LNG carrier featuring three cargo tanks. Despite the ongoing trend toward larger vessels across all ship types, the 174K LNG carrier remains the standard design in the global LNG shipbuilding market, with dozens of orders placed annually. Revised cargo tank configuration To further enhance the technical competitiveness of thi...
Classification society - DNV has signed a new contract with Cosco Shipping Heavy Industry Zhoushan Shipyard (COSCO) during Nor-Shipping 2025 for the classification of a newly contracted methanol-ethanol ready Suezmax DP2 shuttle tanker ordered by Knutsen NYK Offshore Tankers (KNOT). The vessel, part of a broader fleet expansion by KNOT, to be operated under charter to Norwegian energy major - Equinor, marks the latest milestone in a long-standing collaboration between the companies. Suezmax DP...
The Doha International Maritime Defence Exhibition and Conference (DIMDEX) announced Qatar Media Corporation (QMC) as its National Media Sponsor for the highly anticipated DIMDEX 2026 edition, taking place from 19 to 22 January, 2026, at the Qatar National Convention Centre (QNCC), in Doha, Qatar. Held under the patronage of His Highness Sheikh Tamim Bin Hamad Al-Thani, Amir of the State of Qatar, and hosted and organised by the Qatar Armed Forces, DIMDEX is set to welcome defence ministers, ch...
Kongsberg Maritime announced the launch of its new Continuous Emissions Monitoring System (CEMS). This advanced system lets shipowners and operators effectively monitor and control vessel emissions, ensuring compliance with increasingly stringent environmental regulations and optimising fuel efficiency. Kongsberg CEMS uses innovative sensor technology to provide accurate and continuous measurement of key greenhouse gases, including CO₂, CH₄, SOx, NOx, and CO. Decarbonisation strategies Unlike...
Dr. Melanie Leonhard, Hamburg's Senator for Economic Affairs, Friedrich Stuhrmann, Chief Commercial Officer (CCO) of the Hamburg Port Authority (HPA) and Takahiro Kikuchi, Managing Director of Ocean Network Express (Europe) Ltd. (ONE) signed an agreement on the future use of shore power supply. The signing ceremony took place along the sidelines of "Transport Logistic 2025" trade fair in Munich, Germany. CTB and CTA facilities Since May 2024, the Port of Hamburg has provided shore power for c...
Samskip is revitalising its UK trade strategy with a new direct connection offering more flexibility, efficiency, and multimodal options for northeast England. Samskip is proud to announce the launch of a new shortsea container service calling at the Port of Blyth, enhancing multimodal connections between the UK and key European trade hubs. This strategic expansion strengthens its presence in northeast England, offering shippers a reliable, cost-efficient and sustainable transport alternat...
NCL Nordland, the second of two container vessels that put bio-methanol at the forefront of container shipping’s low-carbon future, has entered service weeks after sistership - Vestland verified that its Berg Propulsion package optimises efficiency regardless of energy source. Owned by MPC Container Ships, these dual fuel 1300 TEU vessels can be operated on methanol and/or MGO, under a 15-year charter to North Sea Container Line in services connecting Norway and Rotterdam. Early movers...
Swiss marine power company - WinGD has launched its global service offer, expanding the original parts supply, in-service support and technical advisory it currently delivers during the engine warranty period across the entire vessel lifecycle. Global Service by WinGD will support ship operators by maximising the profit-making potential of their engines and vessels, maintaining optimal efficiency and extending the compliant lifetime of their assets. Global service Built on a foundation of ove...
Brunvoll has signed a contract with Samsung Heavy Industries for the delivery of comprehensive thruster and control system packages for nine DP2 shuttle tankers. The order includes a total of 45 thrusters, making it the largest contract in Brunvoll’s history in terms of both scope and value. The vessels, owned by Tsakos Energy Navigation Ltd., will be placed on long-term bareboat charter to Transpetro, a logistics subsidiary of Petrobras. BruCon PTC and BruCon CMS Brunvoll&rsq...
ABB announced the launch of the AMXE Marine Motor, a next-generation electric propulsion solution engineered to withstand the tough conditions at sea, including continuous exposure to corrosive saltwater and powerful ocean currents. Drawing on decades of experience in marine applications and heavy-duty industries like mining and rail, ABB has developed this motor specifically for small to mid-sized electric and hybrid vessels and open deck applications, combining proven durability, high perform...
Kongsberg Maritime has entered into a contract with Norwegian shipbuilder - Maritime Partner AS for the delivery of waterjets and control systems for seven new Search and Rescue (SAR) vessels. These vessels are being built for the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO), reinforcing a strong Nordic collaboration in support of mission-critical maritime operations. Each of the seven SAR vessels will be equipped with two Kongsberg Maritime S50-3/CA waterjets a...
ABS and the Hydrogen Ship Technology Centre at Pusan National University signed a Memorandum of Understanding (MoU) for the joint research and technology development of liquid hydrogen carriers and cryogenic engineering. The agreement establishes a cooperative framework for both organisations to share resources and expertise to help develop a liquid hydrogen carrier and hydrogen propulsion systems. Application of hydrogen technology “ABS and Pusan National University's Hydrogen Ship Tec...
IMTRA, the globally renowned manufacturer and importer of quality solutions and products for the marine, energy and transportation markets, announced it was selected by Silverback Marine to provide Norsap seats and Roca wipers for their Sherpa 24-foot landing craft. Nicknamed the “Swiss Army knife of a workboat” the Sherpa 24 landing craft is designed for marine construction, law enforcement, diving and underwater operations and transportation services. Requirements of the vessel...
Peel Ports Clydeport has invested £3 million in infrastructure to support the growing demand for handling huge wind turbine components for the renewable energy sector at a key facility. The UK’s second-largest port operator has developed a new egress road at its King George V(KGV) Dock in Glasgow, which is designed to improve the movement of such project cargo through the port. Route for oversized cargo More than 100 turbines and 800 wind turbine components will also be processed...
Fleet planning as a strategic asset
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