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Strategic Alliance News

21 Mar 2024

Euroports and BlueFloat Forge Strategic Offshore Wind Alliance

(Credit: BlueFloat Energy)

One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe.The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish an offshore wind energy sector.Euroports, with its distinguished reputation as a premier offshore wind port operator…

12 Mar 2024

SAAM Closes 2023 with Historic Earnings

Source: SAAM

SAAM reported net income of US$501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$422 million.Sales for the year totaled US$540 million and EBITDA was US$160 million, surpassing the prior year by 17% and 9%, respectively."The sale of our port terminal and inland logistics operations leaves us in a solid position to move forward on the path we have set for ourselves: to lead the consolidation process in the towage industry and grow in air cargo logistics services.

14 Feb 2024

GLO Marine and VMS Group Join Forces for ‘Green’ Vessel Retrofitting

(Credit: GLO Marine)

Retrofit specialist GLO Marine and expert in propulsion systems VMS Group have teamed up to expand their collaboration into comprehensive retrofits and vessel modifications, with a primary focus on decarbonization initiatives.In a strategic move towards advancing sustainable maritime practices, the GLO Marine-VMS Group partnership will prioritize retrofit projects and vessel modifications that align with the latest green technologies.The partnership stems from a series of ‘seamlessly executed’ retrofit project installations…

15 Jan 2024

Two Shipping Heavyweights Form Strategic Alliance

(Credit: United Heavy Transport)

Germany’s United Heavy Transport (UHT) and Korea’s Dongbang Transport Logistics have joined forces in a new strategic alliance combining their expertise in heavy lift vessels and transport.UHT and Dongbang Transport Logistics signed a memorandum of understanding (MOU), symbolizing the integration of UHT's heavy lift expertise and Dongbang's mastery of open deck carrier operations."In this strategic alliance, UHT in conjunction with United Engineering Solutions and Dongbang unite their strengths…

29 Dec 2023

Esgian: New Contracts, Drilling Activities and Rig Moves Across the World

Borgland Dolphin drilling rig (Credit: Dolphin Drilling)

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling has signed a Letter of Intent (LOI) with an undisclosed operator for the 1,500-ft semisubmersible Borgland Dolphin to undertake a 500-day drilling campaign in the UK. The drilling campaign is planned to begin directly after the firm part of the contract period with EnQuest, which was announced in late November 2023.

15 Nov 2023

Digitalization: Maritime Charts its Course

Data collaboration among maritime players will be vital to facilitate more efficient ship performance as operations become more digitalised. Photo: Shutterstock

Maritime players plotting pathways to data collaboration with digital projects in line with new BV-backed research study.Digital technologies are increasingly being leveraged by shipping players to facilitate data collaboration among different actors in areas like ship design, vessel performance and port calls as a new Thetius research study backed by Bureau Veritas (BV) shows this will be vital to drive decarbonization, an OrbitMI-hosted panel heard at the recent Shipping Insight event in the US.“Data-powered…

31 Oct 2023

Sustainable Shipping Focus: MEYER Group Acquires 50% Stake in C-Job Naval Architects

Top: Bernard Meyer (Managing Director Meyer Werft), Bas Ort (Supervisory Board Member C-Job), Paul Meyer (Chief Information Officer Meyer Werft)

 

Bottom: Malte Poelmann (Chief Technology Officer Meyer Werft, Job Volwater (Co-Founder & CEO C-Job), Basjan Faber (Co-Founder & Chief Financial Officer C-Job), Bastian Witt (Head of Machinery Design Meyer Werft) - Credit: C-Jobs

MEYER Group has agreed to acquire a 50 percent stake in ship design and engineering company C-Job Naval Architects.C-Job is an independent company that operates worldwide with offices across five countries and has its headquarters in the Netherlands. MEYER Group is an international consortium including MEYER Werft with three shipyards in Papenburg, Rostock, and the Finnish city of Turku."C-Job Naval Architects is considered a thought leader when it comes to sustainability in the maritime industry, having been at the forefront of alternative fuels research.

12 Oct 2023

Kongsberg Maritime, BMA Technology to Provide Low-voltage Electrical Products to Turkish Shipyards

Credit: Kongsberg Maritime

Norway's Kongsberg Maritime and Turkey's BMA Technology have partnered up to support the supply of low-voltage electrical products and engineering services to Turkish shipyards.BMA Technology, based in the Gebze Organized Industrial Zone, east of Istanbul, is a technology company providing electrical system solutions for the marine industry.As part of the alliance agreement, BMA Technology will manufacture, assemble, and test Kongsberg Maritime low-voltage electrical products in its facility in Türkiye.

30 Aug 2023

Maersk Training and SynergyXR Enter Strategic Partnership

Source: Maersk Training

Maersk Training has announced a strategic alliance with SynergyXR to strengthen its ability to create extended reality training solutions. Extended reality (XR) is an umbrella term that covers all immersive technologies, including augmented reality (AR), virtual reality (VR) and mixed reality (MR).With the addition of SynergyXR’s advanced capabilities, Maersk Training promises a more interactive, deeper learning experience. Learners can enjoy delving deep into realistic scenarios…

29 Sep 2022

Proserv Acquires Stake in Power System Monitoring Expert, Synaptec

Credit: Proserv

Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive condition-monitoring technologies for the energy sector.Synaptec was developed as a spin-out business from Strathclyde University in 2014 with its management team, Board of Directors, and Advisory Board comprising former leaders from the power sector…

17 May 2022

Cox Marine Inks Expansion Deal with UAE Partner Gulf Yachts

From left: Gavin Wesson and Ghassan Al Binali (Photo: Cox Marine)

Diesel outboard engine manufacturer Cox Marine announced an expanded contract with UAE partner Gulf Yachts to cover additional regions as exclusive distributor.Gulf Yachts is increasing its territories beyond Qatar, Oman, Kuwait and Lebanon to also distribute in UAE and Bahrain, and the new deal confirms the Doha-based company as the largest distributor of the CXO300 diesel outboard in terms of volume of sales.Appointed by Cox Marine in 2020, Gulf Yachts has a growing order book…

18 Mar 2022

TMC, Allseas to Develop Commercial Seabed Nodule Collection System. Plan to Buy Another Drillship

Allseas' Hidden Gem vessel - Credit: Allseas

The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said Friday its subsidiary NORI had signed a non-binding term sheet with its strategic partner and shareholder, Allseas to develop and operate a commercial nodule collection system. The system has a targeted production capacity of 1.3 million tonnes per year of wet nodules and expected production readiness by Q4 2024.According to TMC, formerly knowns as DeepGreen Metals, polymetallic nodules contain high grades of nickel…

10 Feb 2022

SAAM Towage Signs Deal with Coast Tsimshian Enterprises

(Photo: SAAM Towage)

SAAM Towage Canada and Coast Tsimshian Enterprises Ltd. have signed a strategic alliance agreement covering access to education, training, employment and towing services.The agreement is effective immediately. Through this long-term alliance, SAAM Towage Canada will provide towage, ship-docking and ship escort services within the traditional territory of the Coast Tsimshian, including the Port of Prince Rupert and Port Edward. Additionally, the alliance will establish long-term sustainable benefits for Lax Kw’alaams and the Metlakatla First Nation and provide access to education…

10 Aug 2021

Video Interview: Dominicana Caribbean Shipyards Opens

Image courtesy Ciramar

Last month Ciramar Shipyards signed a strategic alliance with Fassmer Technical Projects to build and repair ships in the Dominican Republic under the Dominicana Caribbean Shipyards name.“There’s been a need for a long time for a new shipyard to rise within the Caribbean region and the Americas in general, to be able to professionally service various ship types that transit the area,” said Craig R. Gundry, GM, Fassmer Technical Projects. “Luis and I came together a number of years ago and started a relationship working with each other in different ways.

09 Jul 2021

Dominicana Caribbean Shipyards, the New Face in Caribbean Shipbuilding and Repair

(Left to Right): Arturo Camarena (Managing Director: Ciramar Shipyards), Luis Contrearas Pena (President – Ciramar Shipyards), Harald Fassmer (Managing Director – Fassmer GmbH & Co.), Craig Ronald Gundry (General Manager – Fassmer Technical Projects)

Ciramar Shipyards and Fassmer Technical Projects ink a deal to Create Dominicana Caribbean ShipyardsCiramar Shipyards signed a strategic alliance with Fassmer Technical Projects that establishes the basis for cooperation in various areas, including design and construction of new ships and multipurpose vessels manufactured in the Dominican Republic. The scope of the deal also includes maintenance, manufacture and local marketing of mechanical products, including propellers, stabilization and steering systems…

24 Mar 2021

Damen, MO4 In Pact to Further Digitalize Offshore Wind Ops

Credit: Damen

Dutch Damen Shipyards Group has teamed up with technology firm MO4 specializing in offshore motion prediction, to take a step towards the digitalization of offshore wind farm operations. "This strategic alliance pairs Damen’s Triton monitoring platform with MO4 motion forecasting knowledge, offering data analytic-based services. Vessel operation will become more effective and safety levels will increase at the same time," Damen said.Damen Triton is a remote monitoring and operational insight tool…

22 Feb 2021

Fincantieri Marine Systems, Motor-Services Hugo Stamp Enter Team Deal

Fincantieri Marine Systems North America (FMSNA) has entered into a teaming agreement with Motor-Services Hugo Stamp (MSHS). MSHS distributes a wide range of products for the maritime and stationary power industries. FMSNA provides integrated propulsion systems, engineering, and sustainment services to government and commercial markets.The strategic alliance between the two will add in-demand engine lines and components to the distributor’s product offering, and also will expand the reach and service network for FMSNA integrated marine systems and components. The expanded service capability, located in key fleet concentration areas,…

11 Feb 2021

VIDEO: Maritime Autonomy: Damen, Sea Machines Announce Alliance

(Photo Credit: David Shopper)

Damen and Sea Machines Robotics today signed an alliance that has the promise to help fast track maritime autonomy, an agreement to further investigate the adoption of collision avoidance functionality on board of Damen vessels. Specifically, Damen will incorporate Sea Machine’s autonomous and wireless-helm technologies as standard features in Damen’s global vessel build catalog.Damen Shipyards Group has been investing in autonomous shipping technologies, and this agreement signals the “next phase” by establishing a strategic alliance with the Boston-based company…

04 Jan 2021

HII Acquires Autonomy Business from Spatial Integrated Systems

Spatial Integrated Systems' unmanned systems solutions, including multi-vehicle collaborative autonomy, sensor fusion and perception, have been fielded for more than 6,000 hours on 23 vessel types. Image courtesy HII

In a move that further expands its unmanned systems capabilities, Huntington Ingalls Industries acquired the autonomy business of Spatial Integrated Systems Inc. (SIS) which has proven unmanned surface vessel (USV) solutions.SIS’s unmanned systems solutions — including multi-vehicle collaborative autonomy, sensor fusion and perception — have been fielded for more than 6,000 hours on 23 vessel types. They have supported multiple development projects and demonstrations advancing autonomy in unmanned systems in the maritime…

12 Dec 2020

Proserv, Intelligent Plant Ink Deal Aiming to Drive Digital Evolution

Proserv Controls signed a strategic alliance with software engineering firm Intelligent Plant, a deal aimed to deliver advanced control systems and data analysis to provide operators with digital solutions tailored to their needs and feedback. The announcement follows a broader industry trend toward leveraging true digitalization to help rationalize efficiencies in the offshore industry. Ultimately the tie-up with Proserv and Intelligent plan will integrate improved visibility of system information…

20 Aug 2020

Washington State Partners Set Out to Build Fast Foil Ferry

(Image: Glosten)

A group of public and private partners in Washington have come together to accelerate the design of a fast foil ferry to provide zero-emissions, high-speed passenger ferry service in the Evergreen State.Participants in the Joint Innovation Project include three Washington ports that have joined forces to support the effort: Port of Anacortes, Port of Bellingham and Port of Skagit. The vessel is under design by Glosten, a naval architecture and marine engineering firm, and Bieker Boats, a performance marine craft designer.

18 Aug 2020

Plaquemines Port to Build Mississippi River Container Terminal

Plaquemines Port Harbor and Terminal District (PPHTD) said it has signed a letter of intent (LOI) with several potential partners to development a multi-modal container terminal on the Mississippi River in Plaquemines Parish, La.The signing of the LOI kicks off a six-month due diligence period during which the parties will conduct multiple studies prior to making a final investment decision (FID).The proposed container terminal would encompass up to 1,000 acres and 8,200 feet of Mississippi River frontage just 50 miles from the Gulf of Mexico.

04 Feb 2020

Kongsberg Sells Subsidiary Hydroid to HII

Kongsberg Maritime AS has signed an agreement to sell its underwater technology subsidiary company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (HII). In conjunction with the transaction, HII and Kongsberg Maritime are also establishing a strategic alliance to jointly market naval and maritime products and services to the U.S. government market and potentially to global markets.Kongsberg Maritime acquired Hydroid for USD 80 million in 2007 and is now selling this US subsidiary for USD 350 million on a debt-free and cash-free basis and as adjusted off an agreed upon working capital."Kongsberg Maritime has driven technology development and created considerable value during the 12 years it has owned Hydroid, and we are capitalizing on this now.