Steerprop plans to launch its first tunnel engines soon, addressing rising demand for high-performance engineering solutions. With a strong initial order book, their designs redefine traditional contractor approaches, focusing on project optimization. Upcoming projects include support for Finnish patrol ships, enhancing reliability, safety, and cost-efficiency in marine operations.
Union Maritime has launched SeaBreeze, a new lease financing program aimed at encouraging the adoption of wind-assisted propulsion systems in the maritime industry. Offering 100% financing, the initiative addresses the challenges of traditional bank financing, making sustainable technologies more accessible for shipowners working towards emissions targets.
Wärtsilä has introduced its advanced 4-stroke ammonia engine, achieving a 90% reduction in greenhouse gas emissions compared to diesel engines. This engine, part of the Wärtsilä 25 platform, utilizes a low-pressure Otto cycle design, ensuring safety and efficiency. Initial deliveries are expected by 2026, supporting the shipping industry’s decarbonization efforts.
Kongsberg Discovery has unveiled the FS80 Trawl Sonar, a revolutionary system that enhances pelagic trawling by integrating net monitoring, intake profiling, and bottom detection in a compact design. Showcased at the Pacific Marine Expo, this advanced technology aims to improve operational efficiency for fishery operators, promoting sustainable fishing practices.
The maritime sector is poised for a digital transformation with SATMAR, a 6U nanosatellite launching on June 21 via SpaceX. Developed by Alen Space, this initiative aims to validate the VHF Data Exchange System (VDES), enhancing data transfer efficiency and maritime safety while replacing the current Automatic Identification System (AIS).
Kongsberg Maritime has unveiled the TTH Tunnel Thruster from its Harmonised series, offering improved performance through a compact, modular design. This innovation features hydrodynamically optimized blades for enhanced efficiency and reduced noise. Compatible with Equipment Health Monitoring, the TTH series meets high Baltic ice class standards, supporting dynamic positioning applications.
Hecla Emissions Management has launched a pioneering deal via its FuelEU Maritime Exchange, enabling shipping companies to trade compliance balance tokens. This innovative platform allows surplus compliance to be converted into tradeable assets, addressing deficits for vessels managed by Wilhelmsen Ship Management through a partnership with Gasum, utilizing bio-LNG.
Inmarsat Maritime has partnered with Mitsui O.S.K. Lines (MOL) to upgrade its fleet to the NexusWave service, enhancing digitalization with robust satellite connectivity. This transition aims to transform vessels into connected offices, offering high speeds, reliability, and enterprise-grade cybersecurity. Recent tests show impressive download speeds, ensuring seamless communication at sea.
The Estonian government has introduced a €25 million grant program to support retrofitting passenger and cargo vessels in domestic ports. Minister Kuldar Leis announced subsidies covering 15-30% of eligible costs, aiming to modernize fleets with sustainable technologies. This initiative aligns with Estonia’s commitment to decarbonizing its maritime sector.
Seafarers and their families now have a new business opportunity through a partnership between Seafam International and Global SME Loans Inc. This collaboration provides soft loans to Filipino maritime professionals, addressing financial challenges and predatory lending. Global SME’s “Seaman’s Loan” offers competitive rates and empowers retiring seafarers with entrepreneurial training.
India, the world’s third-largest oil importer, plans a ₹840 billion ($10 billion) investment to acquire 112 oil tankers by 2040, aimed at boosting energy supply. The initiative includes enhancing domestic shipbuilding, with a goal to raise locally built tankers from 5% to 69% by 2047, aligning with its developmental aspirations.
CEAD B.V. has launched the Maritime Application Center (MAC) in Delft, Netherlands, to advance automated, sustainable production in the maritime sector. This 2,300-square-meter hub will support shipbuilders with limited access to large-scale 3D printing, aiming to produce over 100 boats annually while addressing industry challenges and environmental goals.
The Maharashtra government has launched a new shipbuilding policy to enhance maritime infrastructure and promote ship repair and recycling. The Maharashtra Shipbuilding, Ship Repair, and Ship Recycling Facility Development Policy 2025 aims to attract investments, create jobs, and reduce reliance on foreign shipyards, aligning with the central government’s Maritime India Vision 2030.
Kongsberg Maritime has launched a new electric towing winch for the tug market, featuring a frequency converter-driven motor for enhanced efficiency and reduced environmental impact. Designed for harbor applications, it offers customizable pulling forces, smooth speed control, and robust components, while integrating seamlessly with Kongsberg’s Aquapilot system for improved operational management.
During the 11th International Maritime Congress in Szczecin, Prime Minister Donald Tusk launched the Polish Sea program, aimed at revitalizing the maritime economy. The initiative focuses on attracting investments in Pomerania, enhancing shipbuilding and port infrastructure, and prioritizing Polish suppliers for key projects, including offshore wind farms and nuclear power.
