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Maritime tech innovator OrbitMI has struck a deal to acquire Quebec-based artificial intelligence company AuQub. The acquisition deepens OrbitMI’s investment in intelligent, connected workflows by embedding AuQub’s advanced AI agents into its platform. These agents specialise in automating repetitive tasks and optimising operational processes. “Artificial intelligence is central to our mission of making maritime more …
https://splash247.com/orbitmi-acquires-ai-firm-auqub/
https://splash247.com/orbitmi-acquires-ai-firm-auqub/Amid today’s shipbuilding supercycle, HD Hyundai Heavy Industries looks like it will have to fork out a huge amount to reacquire a block manufacturer it sold six years ago. South Korea’s largest shipbuilder is being widely tipped as buying back a majority stake in Hyundai Hyms from J& Private Equity for around $360m. Founded in …
https://splash247.com/hd-hyundai-looks-to-buy-back-block-manufacturer-it-sold-six-years-ago/
https://splash247.com/hd-hyundai-looks-to-buy-back-block-manufacturer-it-sold-six-years-ago/Prominent Greek shipowner Adam Polemis is back in the tanker newbuilding market with a fresh order for suezmaxes in China, adding to recent transactions around both newbuilds and asset sales from his New Shipping group. Shipbrokers in Europe report that Polemis has signed a deal with CSSC Qingdao Beihai Shipbuilding for two firm 163,000 dwt …
https://splash247.com/adam-polemis-linked-to-suezmax-newbuilds/
https://splash247.com/adam-polemis-linked-to-suezmax-newbuilds/China has rolled out its largest ocean-going aquaculture vessel to date, completing the conversion of a panamax bulk carrier into a mobile fish farming unit for domestic operator Senhai MK. The vessel, Zhedai Yuyang 60001, was handed over by Shanhaiguan Shipbuilding, a unit of China State Shipbuilding Corporation (CSSC), after an extensive retrofit project in …
https://splash247.com/old-panamax-bulker-gets-new-life-as-chinas-offshore-fish-farm/
https://splash247.com/old-panamax-bulker-gets-new-life-as-chinas-offshore-fish-farm/The UK government has unveiled a slate of 137 new sanctions aimed at d Russia’s shadow fleet. The measures, unveiled by foreign secretary David Lammy, target 135 oil tankers, as well as entities facilitating these ships — including Intershipping Services, the UAE-based company behind Gabon and Comoros flag registrations, and Litasco Middle East, a Dubai-based …
https://splash247.com/uk-unveils-latest-sanctions-aimed-at-russias-shadow-fleet/
https://splash247.com/uk-unveils-latest-sanctions-aimed-at-russias-shadow-fleet/Russia has tightened access to its seaports, with president Vladimir Putin signing a decree on Monday mandating that all vessels arriving from foreign ports must now obtain prior approval from the country’s Federal Security Service (FSB). The executive order, which takes effect immediately, marks a significant expansion of wartime maritime controls. Until now, FSB clearance …
https://splash247.com/putin-orders-fsb-to-vet-all-foreign-ships-entering-russian-ports/
https://splash247.com/putin-orders-fsb-to-vet-all-foreign-ships-entering-russian-ports/South Korea’s Hanwha Group has placed a landmark order for a liquefied natural gas (LNG) carrier at its US-based Hanwha Philly Shipyard — the first such export-market-viable vessel to be built in the United States in nearly half a century. The order, valued at a minimum of $250m, includes an option for a second unit …
https://splash247.com/hanwha-orders-historic-lng-carrier-from-us-yard/
https://splash247.com/hanwha-orders-historic-lng-carrier-from-us-yard/Furuno has introduced TZ MAPS on its NavNet TZtouchXL system, delivering what it calls the most advanced and customizable charting platform ever developed for recreational and professional mariners.TZ MAPS unlocks new features on TZtouchXL multi-function displays…
https://www.marinelink.com/news/furuno-releases-advanced-charting-528165
https://www.marinelink.com/news/furuno-releases-advanced-charting-528165Grimaldi Group has held a naming ceremony in Jiangsu, China, for the Grande Shanghai, the first of 10 pure car and truck carriers (PCTC) commissioned by the company from China Merchants Heavy Industries.The first five vessels will be capable of transporting 9…
https://www.marinelink.com/news/grimaldi-names-first-ammoniaready-car-528166
https://www.marinelink.com/news/grimaldi-names-first-ammoniaready-car-528166U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program…
https://www.marinelink.com/news/small-shipyard-grant-recipients-announced-528167
https://www.marinelink.com/news/small-shipyard-grant-recipients-announced-528167