Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline) reports that, through its Welin Lambie subsidiary, it has been awarded a purchase order by Newport News Shipbuilding to supply
By Ludmila Seppälä, Cadmatic Technology moves in strange ways—when you hear the phrase “digital assets,” in 2023, your first thought might be of brightly colored monkey portraits, driven by the NFT boom.
While there are currently more than 300 cruise ships in operation, only a tiny fraction are equipped with a man overboard detection system. Monaco-headquartered defense technology specialist MARSS is looking to change
Kongsberg Digital’s vessel-to-cloud data infrastructure platform, Vessel Insight, has been awarded an ABS product design assessment (PDA) for SMART(INF) (infrastructure) in accordance with the ABS Smart Functions Guide, in addition to an
ABB has secured a breakthrough from Spanish state-owned shipbuilder Navantia that will see the Spanish Navy’s flagship, the LHD Juan Carlos I, retrofitted with an electrical propulsion system based on dual ABB
Shipping needs an affordable and safe alternative to lithium-ion batteries By Mukesh Chatter Mukesh Chatter is the CEO of Alsym Energy, a technology company developing a low-cost, high-performance rechargeable battery chemistry that
Seatrium Limited, the new Singapore-based player formed by the merger of Sembcorp Marine and Keppel Offshore & Marine (Keppel O&M), is up and running. In a signal of where it sees the
Japan’s Nippon Yusen Kabushiki Kaisha (NYK) Group is to install the Orca AI automated situational awareness platform across its entire fleet. The decision follows more than two years of collaboration between Orca
With interest in onboard carbon capture and storage solutions gaining traction, ClassNK has released “Guidelines for Shipboard CO2 Capture and Storage Systems.” The guidelines include provisions for indicating the class notation for
By Carol Craig, Founder and CEO, Sidus Space Space may be the final frontier, but technological advancements in satellites could have great impact on seafarers, commercial vessels, and the overall maritime industry.