Category: Tech
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Spire Global sues Kpler
Spire Global sues Kpler Spire Global is suing Kpler, claiming the Belgian tech firm has failed to follow through on its plans to buy Spire Maritime, an AIS data provider. On November 13 last year, Spire Global entered into a share purchase agreement with Kpler to sell its maritime business. Since then, however, Kpler has…
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MPC Capital takes stake in Wilhelmsen vessel performance management platform
MPC Capital takes stake in Wilhelmsen vessel performance management platform German asset and investment manager MPC Capital has bought into Norwegian maritime group Wilhelmsen’s performance management firm BestShip. The Castor Maritime majority-owned Frankfurt-listed company has acquired a 50% stake for an undisclosed sum. The deal expands MPC Capital’s maritime services and reinforces its growth in…
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Geneva Dry Dialogues: Manta Marine Technologies
Geneva Dry Dialogues: Manta Marine Technologies Ina Reksten, who runs Norwegian vessel optimisation specialist Manta Marine Technologies, acknowledges many of her clients are struggling to meaningfully translate all the data heading their way. “It sounds straight forward, but a good outcome requires not only strong programming skills and setting data parameters, but also understanding of…
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What we can learn from aviation when it comes to all things digital
What we can learn from aviation when it comes to all things digital Julian Panter, the CEO of SmartSea, on why maritime must embrace digital transformation to stay afloat in the 21st century. The maritime industry is under threat of long-term risks such as operational inefficiencies and regulatory non-compliance due to some companies clinging to…
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In tech we trust?
In tech we trust? The relationship between shipowners and technology providers must be fixed to save shipping’s decarbonisation ambitions, writes Benny Hilström, vice president of business development at WinGD. Shipowners and operators need technology providers that keep their promises in order to avoid frustration, disruption and delay. That applies in day-to-day operations and is even…
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OKI’s AI-driven technology to classify ships using underwater sounds
OKI’s AI-driven technology to classify ships using underwater sounds Japanese information and telecommunication expert OKI has developed a ship classification AI system technology which automatically classifies ship types through deep learning of underwater sounds. This technology makes it possible to continuously and automatically acquire ship classification data, even in environments such as busy ports with…
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Steering through the challenges of maritime autonomy
Steering through the challenges of maritime autonomy Professor John McDermid, director of the Centre for Assuring Autonomy, a partnership between the Lloyd’s Register Foundation and the University of York, kicks off 2025’s Contributions section. Autonomous systems can improve the maritime industry in a number of ways. For instance, it can contribute to the industry’s decarbonisation…
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Windward to be acquired by US investor FTV Capital for $270m
Windward to be acquired by US investor FTV Capital for $270m London-listed Israeli predictive maritime intelligence firm Windward is set to be acquired by US investment firm FTV Capital in a deal valued at £216m ($270m) million. Windward will be bought out by Octopus UK Bidco, a subsidiary of FTV Capital’s investment fund at 215p…
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Giant 400,000 dwt VLOC sets new wind installation record
Giant 400,000 dwt VLOC sets new wind installation record Anemoi Marine Technologies has completed the installation of five rotor sails onboard the 400,000 dwt VLOC Sohar Max making it the largest vessel to receive wind propulsion technology to date. Sohar Max is a first-generation Valemax, built in 2012 in China’s Rongsheng shipyard, and owned by…
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ONE shows China an alternative way to power ships at port
ONE shows China an alternative way to power ships at port Japanese containerline Ocean Network Express (ONE) has for the first time utilised shore power during lift-on and lift-off operations of an alternative marine power (AMP) container in a Chinese port. This was done ahead of a symposium which shared best practices and explored innovative…
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Specialist workshops added to Geneva Dry
Specialist workshops added to Geneva Dry Based on feedback from delegates to this year’s event, the organisers of Geneva Dry have added two specialist workshops to next year’s edition of the world’s premier commodities shipping conference. On the morning of April 28, delegates will be able to attend both the Crewing In The Digital Age…
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How shipping needs to look up to the skies for cyber security solutions
How shipping needs to look up to the skies for cyber security solutions SmartSea’s Simon Fotakis discusses his experience in aviation and how that sector is ahead of maritime when it comes to cyber security measures due to it already being classified critical infrastructure. ‘Loose lips sink ships’ was a key phrase used as part…
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Hutchison Ports Yantian launches first on-dock electric truck chassis battery swapping station
Hutchison Ports Yantian launches first on-dock electric truck chassis battery swapping station Hutchison Ports Yantian and QIJI Energy, a subsidiary of the world’s largest EV battery manufacturer Contemporary Amperex Technology, have launched the world’s first on-dock chassis battery swapping station for electric trucks. This innovative system transforms the traditional hour-plus charging process into a mere five-minute operation,…
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Shipping heavyweights invest in UK decarbonisation firm
Shipping heavyweights invest in UK decarbonisation firm US-based shipbroker and consulting group McQuilling Partners has joined the growing list of marine industry heavy hitters backing the UK-listed green decarbonisation pioneer SulNOx. McQuilling is investing in a new funding round led by SulNOx’s largest shareholder Constantine Logothetis and Norway’s shipowner Nistad Group after the UK firm’s…
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SeaQ wins this year’s Captain’s Table
SeaQ wins this year’s Captain’s Table SeaQ, a safety data collection tool created by PsyFyi, was crowned this year’s winner at the Splash-televised finals of the maritime pitch competition, The Captain’s Table, in one of the top events at the ongoing Hong Kong Maritime Week. SeaQ is a data collection and reporting tool complied anonymously…
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Watch the finals of The Captain’s Table live on Splash today
Watch the finals of The Captain’s Table live on Splash today The Captain’s Table 2024 Pitch Competition will air today on Splash live from Hong Kong . This year will see the sixth cohort of startups pitching live from 4pm Hong Kong time to a global, in person audience in Hong Kong and online. The…
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Sedna buys email management specialist Nordic IT
Sedna buys email management specialist Nordic IT UK-based technology firm Sedna, whose platform helps maritime companies streamline communication, has acquired Copenhagen-headquartered email management specialist Nordic IT. Sedna said the move reinforces email’s position as the primary protocol in maritime while advancing the company’s delivery of AI-powered, connected solutions for the industry. “By bringing Nordic IT…
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Kpler expands with Spire Maritime acquisition
Kpler expands with Spire Maritime acquisition Maritime data provider Kpler has acquired satellite-powered, global vessel tracking data firm Spire Maritime. By integrating Spire Maritime’s technology and AIS feed, Kpler wants to expand its data reach, offering comprehensive visibility across open oceans. Kpler said that the transaction was expected to close by the first quarter of…
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Blue Visby trials cut emissions on Marubeni’s LPG trades by nearly 30%
Blue Visby trials cut emissions on Marubeni’s LPG trades by nearly 30% The Blue Visby cross-industry project aimed at reducing shipping’s greenhouse gas emissions by tackling the sail fast, then wait practice has completed another series of prototype trials, delivering average savings of about 29%. The trials involved 16 LPG carriers under charter by Marubeni…
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Baltic Exchange rolls out platform for real-time freight intelligence
The Baltic Exchange has together with digital platform developer Zuma Labs launched a new product that delivers real-time Baltic Exchange indices and FFA (freight forward agreement) prices to shipping professionals. The new platform called Baltic Exchange View has been designed specifically to meet the needs of brokers, charterers, and shipowners for instant access to critical…