Pole Star Global has launched the Maritime Transparency Index (MTI), a groundbreaking tool designed to enhance maritime compliance. Utilizing machine learning, the MTI provides risk scores from 0 (Hard Dark) to 5 (Transparent) for vessels and voyages, enabling stakeholders to make informed decisions based on comprehensive risk assessments.
Greece has successfully launched its first IoT nanosatellite, MICE-1, aboard a Falcon 9 rocket on November 28. Developed by Prisma Electronics, this satellite enhances maritime communication and operational responses during disasters. Equipped with advanced technology, MICE-1 promotes sustainable shipping practices and marks a significant milestone for Greece’s space capabilities.
Danish Shipping has launched its five-year strategy, “Charting the Course,” to position Denmark as a leading hub for shipping. Key objectives include expanding the Danish-flagged merchant fleet, increasing the number of trained seafarers, and enhancing maritime education. The strategy emphasizes sustainability and adapting to global regulatory frameworks for shipping.
Sagarmala Finance Corporation Limited (SMFCL) has announced a ₹4,300 crore loan disbursement for maritime financing this fiscal year, positioning itself as India’s first NBFC dedicated to this sector. With plans to expand its portfolio to ₹8,000 crore by 2025-26, SMFCL aims to bolster maritime development significantly.
Chris-Marine has launched the PSL Portable Surface Lathe, a high-precision tool ideal for sealing surface machining in workshops and on-site. Designed for small and medium bore engines, it features quick setup, easy mounting, and operates by a single technician. Its concentric finish ensures optimal sealing and minimizes gas leakage.
Hapag-Lloyd has secured a $500 million contract with CIMC Raffles for eight dual-fuel methanol containerships. Set for delivery between 2028 and 2029, each vessel will have a 4,500 TEU capacity and advanced engines promising 30% improved efficiency, collectively reducing carbon emissions by 350,000 metric tons annually.
SpaceX has launched its Starlink satellite internet service in South Korea, enhancing low-Earth orbit coverage. This positions Starlink as a vital provider for maritime, aviation, and emergency sectors. Subscriptions include residential plans at KRW 87,000 monthly, with unlimited data and speeds up to 135 Mbps, catering to diverse connectivity needs.
Samsung Heavy Industries has launched a Remote Operation Centre (SROC) at Evergreen’s headquarters in Taipei, marking a groundbreaking partnership. This facility enables real-time monitoring of vessels, enhancing inspections and maintenance. With plans for more connected vessels, it signifies a commitment to innovation in smart-ship operations and remote navigation technology.
The OTTER satellite, launched on November 28, 2025, is a six-kilogram nanosatellite designed to enhance maritime monitoring from an altitude of 500 kilometers. Developed by the German Aerospace Center (DLR), it aims to detect illegal fishing, oil spills, and ships in distress, showcasing the potential of small satellites in responsive space applications.
On December 2, 2025, Goa Shipyard Limited handed over the ICGS Amulya, the third Fast Patrol Vessel in a series of eight, enhancing India’s maritime security. Measuring 51.43 meters and powered by twin diesel engines, the vessel will conduct various missions, including fisheries protection and anti-piracy operations.
The Global Centre for Maritime Decarbonisation and AIM Horizon Investments have launched the Fund for Energy Efficiency Technologies, raising $35 million to support vessel retrofits. This innovative fund, featuring a pay-as-you-save model, aims to tackle financial barriers in adopting energy-efficient technologies, enhancing sustainability in the maritime sector.
Hong Kong has launched a marine specialty risks insurance pool to enhance coverage for the Asian shipping sector. This initiative consolidates local underwriting capacities, creating a stable framework for maritime operations. By addressing unique industry challenges, it aims to bolster stakeholder confidence and promote resilience in the evolving shipping landscape.
Everllence has unveiled its innovative dual-fuel ME-LGIA engine, tailored for ammonia use. Combining Diesel principles with advanced safety features, this engine supports secure data transmission for real-time monitoring. Set for delivery in Q1 2026, it aims to establish a new standard in ammonia engine technology, enhancing operational efficiency and safety.
The Albanese Government has launched the Maritime Skills and Training Initiative (MSTI) with a $13.8 million investment to provide sea time access for 20 trainee seafarers. This program aims to tackle skill shortages and enhance workforce capabilities in the maritime sector, supporting the next generation of certified seafarers.
Ashdod Port Company has launched a major infrastructure development plan worth NIS 1.5 billion ($458 million). This initiative focuses on enhancing efficiency and sustainability through modernization projects, including the acquisition of electric cranes and expansion of container facilities. These improvements aim to optimize cargo handling and prepare for future trade demands.
