Equipment
IOMSR plays key role in pioneering maritime wind power project
(Posted on 18/03/25)The Isle of Man Ship Registry (IOMSR) is playing a key role in the development of a high-tech sail aimed at reducing shipping emissions.The AirWing was created by engineers in Hull and sea trials are now underway following a development project that began three years ago. Developers say it can significantly reduce fuel consumption...
AtoB@C Shipping at halfway in newbuilding programme
(Posted on 18/03/25)AtoB@C Shipping, subsidiary of ESL Shipping, has taken delivery of Terramar in Goa, India on 14 March 2025. The delivery of Terramar marks the halfway point in the company's newbuilding program, as Terramar is the sixth vessel in the series of twelve 5,400 dwt plug-in hybrid vessels.ESL Shipping is the leading carrier of dry bulk...
Strong VIKING on track towards new goals
(Posted on 18/03/25)As a new strategy period commences, VIKING Life-Saving Equipment A/S has achieved strong financial results in 2024. With total revenue of DKK 4 billion (DKK 3.5 billion in 2023) and pre-tax profit of DKK 452 million (DKK 436 million in 2023), the company has managed to continue its growth journey in 2024.“With good growth...
Baltic Exchange introduces biofuel blends in expansion of Emissions Calculator
(Posted on 12/03/25)Baltic Exchange has introduced a series of green fuel options to its FuelEU voyage and compliance cost calculator as more shipowners, traders and charterers seek to understand the commercial implications of this regulation on their voyage costs.Biodiesel, bio-LNG, bio-LPG, green methanol, green hydrogen and green ammonia have all...
Veson Nautical and Cargill expand long-standing partnership
(Posted on 06/03/25)Veson Nautical, a global leader in maritime data and freight management solutions, and Cargill have expanded their longstanding partnership to accelerate digital transformation in the maritime sector.The Strategic Technology Agreement provides Cargill’s Ocean Transportation business with a broad range of access to the Veson...
Marcura acquires Shipster to accelerate maritime AI innovation
(Posted on 06/03/25)Marcura, the global leader in digital maritime solutions, has acquired Shipster, a start-up specialising in AI-driven document intelligence. The acquisition further strengthens Marcura’s AI-powered automation roadmap, enabling it to accelerate in line with evolving customer needs and scale to support the growing complexity...
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