CMA CGM and ABB partner on new parametric roll solution
CMA CGM has launched a new collaboration with technology solution provider ABB on a new parametric roll algorithm to improve ship safety. The solution integrates a theoretical framework developed by the French shipping company into the ABB Ability OCTOPUS Marine Advisory system. The two partners highlight that parametric rolling, meaning that a vessel experiences large […]
Tentative Black Sea ceasefire on the table
A tentative naval ceasefire has been reached in the Black Sea after more than three years of war between Ukraine and Russia, however, many issues need to be ironed out before the two sides down weapons at sea. The US, which has been brokering the deal, said yesterday it would also extend to a ban […]
AD Ports and Columbia launch shipmanagement venture
Abu Dhabi-based ports and logistics giant AD Ports Group and shipmanagement group Columbia have established a joint venture, Noatum – CSM. The jv will aim to optimise third-party vessel operations and that of AD Ports Group’s fleet through “state-of-the-art” fleet management systems. The newly formed entity combines Columbia Group’s expertise in advanced fleet management systems […]
Evergreen sets world record price with latest megamax orders
A new high has been reached for containership prices. Splash reported last month on Taiwan’s Evergreen contracting for eleven LNG dual-fuel 24,000 teu ships, the orders split between South Korea and China with Hanwha Ocean taking six vessels and CSSC Guangzhou Shipyard International (GSI) the remainder. $267.3m per megamax is $103m more than similar ships […]
German consortium produces e-methanol from wastewater
A German city is producing methanol for ships from wastewater in a world-first. A consortium consisting of the climate technology startup ICODOS, the Karlsruhe Institute of Technology (KIT), and the Mannheim Municipal Wastewater Treatment Plant (EBS) have overseen the project called Mannheim 001 which sees biogas is produced at the Mannheim wastewater treatment plant processed, […]
Caravel Group buys into Pacific Basin
Hong Kong conglomerate Caravel Group has raided the local stock market to acquire a significant stake in fellow dry bulk giant Pacific Basin Shipping. Caravel Maritime Ventures, part of the Banga family’s Caravel Group, has picked up 388.5m shares, corresponding to a 7.53% stake in the Martin Fruergaard-led handysize and supramax specialist. Pacific Basin boasts […]
Norway charges four in fraudulent insurance case
Norwegian authorities are warning global shipping about another fake maritime insurer. RO Marine has been uncovered by NRK, Norway’s state broadcaster, to have been issuing forged insurance documents to help vessels within the shadow fleet sail around the world. The company’s website claims it insures more than 250 vessels and that it is based in […]
Imabari hit by overseas recruitment ban
At a time when it needs overseas help more than ever before, Japan’s largest shipbuilder has been hit with a five-year ban on accepting foreign trainees. Imabari Shipbuilding has lost its official certification for foreign technical intern programs through to the end of the decade for violating the industrial safety and health law, the Immigration […]
UN raises alarm over increase in jamming and spoofing of satellite navigation systems
Increasing incidents of interference with aviation, maritime and other satellite telecommunications services mean states need to urgently enhance their protection of a critical radio-frequency band, the International Telecommunication Union (ITU), the International Civil Aviation Organization (ICAO), and International Maritime Organization (IMO) have said with “grave concern” in a joint statement. These cases of harmful interference […]
Vattenfall gives go-ahead to build Germany’s largest offshore wind farm
Swedish utility Vattenfall has made the final investment decision for the Nordlicht 1 and 2 offshore wind farms in Germany. The construction of the Nordlicht 1 and 2 wind farms is planned to begin in 2026, with Nordlicht 1 set to become Germany’s largest offshore wind project. The wind farms are expected to be operational […]