News
Angelicoussis doubles data usage following Starlink deployment
6+ hour, 27+ min ago (226+ words) The Angelicoussis Group has rolled out Starlink satellite connectivity across more than 140 vessels, leading to a doubling of data consumption across its fleet. The deployment was completed in collaboration with Space X and authorised Starlink reseller Navarino. Founded in 1947, the…...
Syroco voyage optimisation methodology verified by DNV
1+ day, 9+ hour ago (221+ words) Maritime technology company Syroco has secured independent verification from classification society DNV for the methodology used to estimate fuel and time savings generated by its Syroco Live platform. The methodology uses a digital twin model to reconstruct the voyage actually…...
MOL launches AI operations platform with IBM Japan
1+ day, 7+ hour ago (186+ words) Smart Maritime Network MOL launches AI operations platform with IBM Japan Mitsui O. S. K. Lines (MOL) and IBM Japan have jointly developed an artificial intelligence (AI) powered platform integrating a range of data related to vessel operations to improve operational decision-making. The…...
AI avatars offered to conduct new officer interviews
1+ day, 9+ hour ago (293+ words) A new live AI avatar interviewer recruitment platform has been launched for merchant shipping, with the founders claiming that the system could help employers recruit qualified seafarers faster while maintaining safety, verification, and competence standards. Developed by maritime technology company…...
Maritime cyber firm CYTUR closes $3. 4m funding round
2+ day, 7+ hour ago (209+ words) Korean maritime cybersecurity company CYTUR reports that it has secured US$3. 4 million (KRW 5. 2 billion) in new funding following a Series A investment round. The funding follows a Pre-A round in 2024 and saw participation from STIC Ventures and Jones & Rocket, as…...
Canadian Coast Guard upgrades maritime monitoring with $575m investment
3+ day, 5+ hour ago (202+ words) The Canadian Coast Guard is in the process of upgrading its operations to protect Canadian waters, utilising its fleet of vessels, helicopters, sensors, operational centres, and shore-based assets to collect, receive, share, and analyse maritime intelligence. Key initiatives under the…...
Rocket Lab to acquire Iridium in $8bn deal
3+ day, 3+ hour ago (276+ words) Rocket Lab Corporation has entered into a definitive agreement to acquire Iridium Communications in a cash and stock transaction valued at US$54 per share, representing an enterprise value of approximately US$8 billion. The acquisition aims to combine Rocket Lab's launch…...
Gearbulk adopts electronic training record books
3+ day, 5+ hour ago (237+ words) Gearbulk Norway has expanded its use of the BASSnet application package by implementing an electronic training record book across its fleet of 50 vessels and its main office in Bergen, as well as other global locations. The digital system aims to…...
ABB acquires H'glund to expand marine automation capabilities
3+ day, 2+ hour ago (228+ words) ABB has entered into an agreement to acquire marine automation firm H'glund, headquartered in T'nsberg, Norway. The acquisition is expected to complement ABB's existing automation capabilities for marine customers and support further growth across a wide range of vessel segments....
MOL in digitalised vessel inspection agreement
3+ day, 3+ hour ago (220+ words) Mitsui O. S. K. Lines (MOL) has entered into an agreement with vessel inspection and condition intelligence company Idwal to provide inspection support across multiple areas of its business. The partnership will cover sale and purchase (S&P) activities, owners" inspections, and selected group…...