Shipbuilding: Chris Allard, CEO, Metal Shark
Metal Shark has arguably been one of the more active and successful boat builders in the U.S. over the last 12 to 24 months, boasting a strong order book and expanding facilities and portfolio. In particular, the company has been able to capitalize on the burgeoning ferry market, today accounting for about a quarter of its business, as Chris Allard, CEO, explains.When you look at the ferry business today in relation to Metal Shark’s business, what do you see?Metal Shark has delivered…
Maritime Autonomy: Sea Machines Gets a $10M Investment
While there remains much debate as to what an autonomous future looks like in the maritime sector, one company, Sea Machines, is helping to pace the field with product development, partnerships and investment.Sea Machines Robotics announced today that it had closed a $10 million Series A investment led by Accomplice VC, with participation from several corporate titans including Toyota AI Ventures; Brunswick Corp., through investment partner TechNexus Venture Collaborative; Eniac Ventures…
Volvo Shows Off Self-driving Truck With No Cab
Sweden's Volvo, the world's second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers.Volvo said the truck, which does not have a driver's cab, was still under development and declined to say when it would be available commercially. It expects the vehicle to be deployed first in places like ports and large logistics centers."We believe there will be a driver behind the steering wheel for the foreseeable future…
Sea Machines Moves to Larger, Waterfront Location in Germany
U.S. based Sea Machines announced that it has moved its team in Hamburg, Germany to a larger waterfront work space in the Hammerbrook area.The company said the move supports growing in interest in its autonomous controls and advanced perception technology in European markets ahead of an upcoming product release. The new location more than triples the space Sea Machines had previously and provides dockage for the company's test vessels. The space also accommodates the locally expanding team…
Maersk to Trial AI-powered Situational Awareness Technology
Danish shipping giant A.P. Moller-Maersk will be the first in the world to trial artificial intelligence (AI) powered perception and situational awareness technology on a containership.Under a deal signed with Boston-based Sea Machines Robotics, Maersk will install computer vision, Light Detection and Ranging (LiDAR) and perception software aboard one of its new-build Winter Palace ice-class containerships.Sea Machines said its solution uses AI to improve at-sea situational awareness…
Danish Projects Boost Maritime Digitalization
Digital nautical charts and better communication at sea are some of the concrete solutions that can boost the development of the maritime sector. Danish Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, is pleased with the prospects of more digital cooperation across the EU when the results of the digitalization project are being presented at a conference in Copenhagen today and tomorrow. Representatives from the maritime sector are gathered today for the final conference of the digitalization project EfficienSea2.
ST Engineering Invests In Cyber Security
Singapore Technologies Engineering Ltd (ST Engineering) announced that its Corporate Venture Capital unit, ST Engineering Ventures Pte Ltd (ST Engineering Ventures) has made a Series B investment of $5.79m for a minority interest in Janus Technologies, Inc., an endpoint cyber security provider based in California. “This is the first investment by our Corporate Venture Capital unit in companies with cutting edge technologies or breakthrough innovations,” said Vincent Chong, President & CEO of ST Engineering.
ASV Wins Maritime Autonomy R&D Funding
ASV Ltd, in partnership with nine other commercial and research organisations, have been awarded funding by Innovate UK to undertake in excess of £3million worth of research and development for Maritime Autonomous Systems (MAS). Three separate projects involving ASV will look to address different areas covering the wide spectrum of activities concerning Maritime Autonomous Systems. These include software and communications, operations and regulations, autonomous vehicle interaction and launch and recovery.
Autonomous Technology for Offshore Wind Farm
ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles (ASVs) could reduce the costs of offshore wind farm support. The project will look at using ASVs to reduce the cost of tasks related to the construction, operation and maintenance (O&M) of offshore wind farms. Together ASV and Planet Ocean will look at scour monitoring, cable position tracking, wave and meteorological monitoring, current profile monitoring and underwater noise monitoring.