Maritime Companies Directory

When artificial intelligence (AI) and digitalization are discussed in maritime, attention still gravitates toward autonomous ships. Yet the market is not about de-crewing but, rather, applying vessel and shore data to make operations safer, more fuel-efficient, and easier to maintain.As of 2024, the maritime AI market stood at $4.13 billion, with a projected five-year CAGR of 23%. Market-size estimates should be treated cautiously, but the direction is hard to miss – AI solutions have advanced from trials into voyage planning, machinery monitoring, bridge decision support, port coordination, and digital assurance.

Accelerating demand for subsea power and telecoms cable network construction is fuelling major expansion of the world fleet of purpose-designed cable laying, maintenance and repair vessels.Driven by the growth of the offshore renewables sector and its advance into deeper waters, as well as by widening investment in cables connecting electrical grids in different countries, emergent generations of cable ship are distinguished by scale, productivity, and technological intensity.  Ongoing geopolitical tensions are also giving a fillip to the development of subsea cable infrastructure

Norwegian maritime technology company Kongsberg Maritime has unveiled the Arctic Hunter USV, a new class of uncrewed surface vessels designed for rapid integration and deployment into Hybrid Fleets.In response to the UK Royal Navy’s development of its hybrid fleet of crewed and uncrewed assets, the Arctic Hunter USV combines commercial ship design with Kongsberg Maritime’s remote and autonomous technologies to deliver anti-submarine warfare (ASW) capability in the High North.Kongsberg Maritime has selected one of its Arctic commercial vessel designs to adapt and optimize for the Royal Navy’s Type 92 ASW requirement.

Two oil supertankers were disabled by massive explosions after they ignored warnings against using an "unauthorised route" in the Strait of Hormuz on Wednesday night, Iran's Revolutionary Guards Navy said on Thursday.The two tankers "exploded after hitting naval mines", Iranian state media said later, showing what it said was video footage of the incidents.In the earlier months of the US-Israeli war with Iran, which began in February, the IRGC Navy had announced it had struck tankers directly. More recently, it has reported that vessels caught fire after hitting naval mines while using what it describes as an "unauthorised route" in the southern part of the strategic waterway.

OPEC+ crude oil production jumped in October, led by a sharp increase in output from Saudi Arabia despite continued disruption to shipments through the Strait of Hormuz caused by the Iran war.The OPEC+ group, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, pumped 41.23 million barrels per day in October, OPEC said in a monthly report on Wednesday, up about 2.04 million bpd from September.The figures, based on secondary sources, add to signs that Gulf oil producers are recovering exports by using workarounds such as ship-to-ship transfers to bypass disruption caused by the conflict.