A Scandinavian mid-tier investment firm has acquired Cobham Satcom, a manufacturer of satellite communications terminals, to expand its technology focus in the maritime sector. The UK-based Cobham Group sold its satellite communications arm to Solix in Denmark. This acquisition will enable Cobham Satcom to invest in new communication terminals for various satellite networks.
ABS and the Singapore Institute of Technology (SIT) have partnered to drive innovation in maritime technology and talent development. The MoU focuses on research in vessel system design and virtual reality tools. The collaboration aims to offer upskilling opportunities through SIT’s programs and prepare students for successful careers in the maritime industry.
Singapore-based EPS Ventures and Nysnø Climate Investments have jointly invested NOK 50 million in Zinus, a leading innovator in maritime charging and shore power solutions. The investment will accelerate growth and innovation in sustainable maritime technologies, according to Zinus CEO Endre Eidsvik. EPS Ventures and Nysnø will become shareholders in Zinus.
This week, the maritime industry made strides in crew welfare, safety, and sustainability. Developments such as approval of hydroponic systems to autonomous vessels reflect a commitment to sustainable practices. Meanwhile, India’s ambitious plans for shipbuilding and environmental protection signal a collaborative effort toward a more responsible maritime future.
This week’s maritime roundup highlights transformative shifts from 19 Aug. to 25 Aug. 2024. Key developments include innovative funding solutions in India’s shipping sector and advancements in safety and sustainability. The industry is increasingly focusing on environmental stewardship and technology integration, addressing challenges while seizing opportunities for the future.
In the 1960s, the Kyrenia shipwreck revealed ancient Greek trade routes post-Alexander the Great. Laden with amphoras and almonds, the 46-foot vessel sank around 280 BC. Analysis of its construction and sinking dates sheds light on power struggles of the time. Such discoveries offer insights into ancient maritime technology and historical contexts, enriching our understanding of the past.
SITA, a leader in air transport technology, has introduced SmartSea in partnership with Columbia Shipmanagement (CSM). This innovative technology aims to revolutionize maritime operations by combining expertise from both aviation and maritime sectors. SmartSea is designed to enhance efficiency and effectiveness in maritime operations, marking a significant advancement in the digital transformation of the industry. This collaboration underscores SITA’s commitment to driving progress and innovation in maritime operations through cutting-edge technology.
WireCo and Lankhorst Ropes, in collaboration with Sensor Technologies, introduce “Sureline Systems,” a cutting-edge product set to revolutionize maritime operations. This partnership merges expertise in rope performance and advanced technology to enhance efficiency, safety, and sustainability in the maritime sector. The official launch will be at the ITS Exhibition in Dubai.
