Industry News

The recent tanker collision in the Strait of Hormuz has sent shockwaves through the maritime industry, serving as a stark reminder of the vulnerabilities in our current navigational systems. Yarden Gross, CEO and co-founder of maritime technology com

Ferrari is charting a new course with its latest venture, the Hypersail, a 100-foot monohull racing yacht that eschews traditional fuel in favor of renewable energy sources. This isn’t just another luxury yacht; it’s a floating laboratory where Ferra

The Falklands Maritime Heritage Trust (FMHT) is set to bring a slice of maritime history to the 2025 Goodwood Festival of Speed, offering a glimpse into the cutting-edge technology that uncovered Sir Ernest Shackleton’s legendary ship, Endurance, fro

In late June 2025, OceanAlpha’s L25 marine unmanned surface vehicle (USV) made waves in the maritime industry, quite literally, by successfully completing its first public demonstration in Malaysia. The event, held at Port Klang, showcased the L25’s

The UK market’s recent downturn, punctuated by the FTSE 100 and FTSE 250 indices closing lower, has been exacerbated by weak trade data from China. This economic turbulence underscores the ongoing challenges in global economic recovery and has invest

Japan is set to embark on a pioneering deep-sea mining venture, aiming to extract rare-earth-rich mud from the seabed off Minamitori Island, approximately 1,900 kilometers southeast of Tokyo. This initiative, slated to begin in January 2024, marks th

The September 2024 pre-feasibility study from the Maersk McKinney Møller Center on battery-powered vessels, which crossed my desk today, provides a welcome and thoughtful addition to the critical discussion of maritime electrification. The report rig

The maritime industry, often overshadowed by its terrestrial counterparts, is finally stepping into the spotlight of the zero-emissions revolution. While the automobile industry has been making headlines with electric and hydrogen-powered vehicles, t

The Kuwait Coast Guard has taken a significant stride in maritime surveillance with the launch of the world’s most advanced unmanned surface vehicle (USV), dubbed the ‘Needlefish’. This development is part of a $213 million contract for an integrated

Kongsberg Maritime has secured a substantial contract with Samsung Heavy Industries (SHI) to outfit nine new Dynamic Positioning (DP) Shuttle Tankers with its integrated technology packages. These vessels, destined for Greek shipowner Tsakos Group, w