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Alfa Laval has entered into a definitive agreement to acquire Norwegian maritime software company NAVTOR for $700 million in cash, expanding its digital fleet solutions business through one of its most significant transactions to date.The acquisition, valued at $700 million (SEK 6.85 billion), is expected to close in the first quarter of 2027, subject to customary regulatory approvals.NAVTOR provides e-navigation, vessel-performance solutions and integrated onboard workflows for shipowners and operators, with customers in more than 90 countries.

After its first year of transatlantic service, NEOLINE's wind-powered cargo ship demonstrates the potential for substantial fuel savings, while technical issues highlight the challenges of bringing sail propulsion into mainstream commercial shipping.For all the discussion surrounding shipping's decarbonization, the commercial equation for alternative propulsion technologies remains relatively straightforward: How much does the technology cost, how much fuel can it save, and how quickly can the investment be recovered?Wind Assisted Propulsion Systems (WAPS) remain a small fraction of the global commercial fleet

Italian shipowner Fratelli Cosulich has taken delivery of Carlotta Cosulich, the third of four methanol-ready bunker tankers being built under its fleet expansion program.The 8,585 deadweight tonne (DWT) vessel was officially delivered at Taizhou Maple Leaf Shipyard in China on October 28, following the earlier deliveries of sister vessels Anna Cosulich and Lucia Cosulich.The new IMO II bunker tanker is designed to support a range of bunkering operations, with features including MarineLINE cargo tank coating, Single Point Mooring (SPM) capability and a 5-tonne crane.

With only a few weeks remaining in the calendar countdown, the largest collection of U.S. Maritime owners. operators, seafarers, shipyards and supply chain manufacturers will assemble again in New Orleans, La., during the first week of December. Much like a Hollywood production, the week can be a prequel, sequel, saga or franchise blockbuster. Standing with the US Maritime industry we should hope for a long running franchise.The attendees visiting the city this year will be faced with more than several important dates and activities forcing decisions prior to their arrival. Decisions determining their anticipation or anxiety when answers are received.

MEYER WERFT is establishing the organizational and legal framework for the successful development of its offshore converter business. To this end, all activities in this new business segment of the Group will be consolidated in the coming weeks into a separate company, NEPTUN Offshore GmbH & Co. KG. This company will also hold the 50 percent stake in the Rostock-based joint venture NEPTUN SMULDERS Offshore Renewables (NSORe).With the contract awarded this year by the grid operator 50Hertz for the construction of two converter platforms in the North Sea (LanWin3 and LanWin6), NSORe has successfully entered the promising converter market.