INDUSTRY NEWS

Finnish Government Funds Autonomous Ship Research

The Finnish government’s innovation investment arm, Tekes, said Friday that it is making a multi-year commitment to funding collaborative research on autonomous ships. Tekes said in a statement that this research area is a priority for the Finnish government and would contribute to the nation’s competitiveness. The collaborative program aims roll out the Rolls-Royce partnership’s …read more

Catamaran Ferry Delivered to Hyline Cruises

Incat Crowther has announced the launch of Grey Lady IV, the fourth catamaran ferry designed by Incat Crowther and built by Gladding Hearn for Hyline Cruises of Hyannis, Massachusetts. The new vessel was commissioned in response to increased ridership and a passenger preference for a fast service with better amenity, and is an evolutionary step from the …read more

Upgraded river ferry service aimed at alleviating Metro Manila road congestion

The Philippine Government has begun considering the possibility of expanding the Pasig River Ferry route to help address the long-standing problem of traffic congestion along Metropolitan Manila’s major roads. Senate Minority Leader Ralph Recto disclosed on Monday, September 5, a proposal to upgrade the existing ferry service through the expansion of the current route, the …read more

New ship building contracts hit 20-year low

The worlds dry bulk, container and offshore shipyards have become the next victim of the deteriorating conditions in the markets as 2016 looks to set the record for the lowest new building contracts in more than 20 years. After a decline from 2010 to 2012, shipbuilding had a rebound in 2013 and was expected to …read more

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