The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA)…
Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna as the company seeks a reliable…
Eco Wave Power, an onshore wave energy technology company, has received a final permit for the construction and demonstration of its wave energy technology in San Pedro, California.The Revocable Permit 25-05 by the Port of Los Angeles was executed on behalf of the Executive Director…
Hydrodemolition company Aquajet plans to launch two robots in April: the Aqua Cutter 450A and Aqua Cutter 450V.The new electric 450 series is a more compact, maneuverable design than the Aqua Cutter 750V. The new models incorporate the Evolution 3…
New ABS Singapore Maritime Safety Centre to support immersive training in alternative fuels and safety operationsThe American Bureau of Shipping (ABS) and the Maritime and Port Authority of Singapore (MPA) have renewed their long-standing partnership…
Marcegaglia’s latest acquisition, the LHM 600, marks the 2,000th mobile harbor crane produced and delivered by Liebherr. The LHM 600 will be instrumental in handling steel products, and is the sixth Liebherr mobile harbor crane for the Italian company…
HarborLab, the Athens-based maritime technology company, launched a new AI-powered feature designed to optimize Disbursement Account (DA) analysis and streamline port expense management.This latest innovation, known as HL AI, is part of the…
Maritime ports—the lifelines of global trade—are facing unprecedented challenges as stakeholders across entire supply chains react to sudden policy changes shaping the global economy. The advent of mega-container ships, evolving customs regulations and the demand for transparent…
Konecranes secured a new order with CSP Iberian Valencia Terminal S.A.U. for seven Konecranes hybrid Rubber-Tired Gantry (RTG) cranes. The order was booked in February 2025, with delivery to the Port of Valencia scheduled for March 2026.The…
Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), a maritime academy. In addition to its commitment to future seafarers, the Group will leverage IMI’s capabilities to strengthen the training available to its 28…
Inmarsat Maritime, a Viasat company, verified its fully managed bonded connectivity service, NexusWave, achieved maximum download speeds of 330–340 megabits per second, with maximum upload speeds of 70–80 Mbps, in real world tests. The trials…
Singapore, the world’s largest bunker hub for ships, has launched a new standard for methanol bunkering, the Maritime and Port Authority of Singapore (MPA) said on Monday.The move is aimed at helping to facilitate methanol bunkering at scale…
AST Networks announced it is an official re-seller of the SAL SPU-200, an anti-jamming and anti-spoofing solution designed to safeguard vessel operations. The SAL SPU-200 system, designed by SAL Navigation, delivers resilience, precision, and security…
TT Club is warning cargo handling and terminals operators that fire remains a major cause of damage and losses to port and terminal equipment.The insurance specialist’s analysis of a 10-year claims history shows that of the near 1600 fire-related claims it has received over that period…
William Hackett, a UK-based supplier of lifting, rigging and chain solutions, is expanding its customer offerings with new digital solutions by adding RFID chips to its Hack8 and Hack10 chain sling assembly tags. The digital records, accessible through the William Hackett app…
