Technology group Wärtsilä has secured a contract for 452 MW of power generation equipment and a long-term Operation and Maintenance (O&M) agreement with the Pecos Power Plant, owned by Mercuria Americas and Continental Resources. This milestone project, located in Pecos, Texas, USA, is designed to deliver flexible generation to maintain grid reliability in a power…
The Eugenides Foundation, together with leading representatives of international maritime education and industry, provided substantive answers to the top challenge of the need to train and upgrade the skills of the next generation of seafarers, through a high-level event in the context of the major international maritime exhibition Posidonia 2026. Utilizing 70 years of experience…
On the third day of Posidonia 2026, the world’s most prestigious international shipping exhibition, the conversation inside the halls of the Athens Metropolitan Expo transcended geopolitics, cargo tonnage, insurance premiums and charter rates. The most senior figures in global maritime governance – from the Secretary-General of the International Maritime Organization (IMO) to the President of…
VIKING Life-Saving Equipment has secured its first orders for VIKING Pentagon Star – a new mass rescue device designed to enable rapid recovery of large numbers of people from the water. Initially developed as a response to a tender from a major coast guard, the device is now being formally introduced to the market following…
ABB has won a contract with Cochin Shipyard to supply power and propulsion systems for two forthcoming electric tugs. Due for delivery to Polestar Maritime in 2027 as part of Phase 1 of India’s Green Tug Transition Programme (GTTP)1, the vessels will operate out of Jawaharlal Nehru Port Authority (JNPA). JNPA is India’s largest container…
DNV and Kongsberg Maritime have entered into an agreement to enable secure, standardised exchange of Operational Vessel Data (OVD) between Kongsberg Maritime’s digital fleet management solution and DNV’s Veracity platform. The agreement establishes a digital integration based on DNV’s Operational Vessel Data interface standard and API technology, allowing customers to share vessel operational data between…
Indian Register of Shipping (IRS), a leading international ship classification society, has further strengthened its global footprint with the establishment of its presence in Brazil to serve the South American maritime market. Located at Santos, Brazil, the new representation will provide local support to shipowners, ship managers, shipyards, offshore operators and other maritime stakeholders across…
A survey conducted by Posidonia Exhibitions ahead of the show found that more than 40 exhibitors had integrated AI into their business operations in some capacity — a figure that would have been unthinkable at Posidonia 2024, when AI-driven tech for maritime operations was tested in labs and pilot projects. From classification societies to software…
New independent research highlights the role of the Mundra International Container Terminal (MICT) is driving trade, unlocking economic value and supporting economic opportunity across the country. Commissioned in 2003 as India’s first greenfield container terminal within a non-major port, MICT has grown into a critical gateway for containerised trade. The terminal has handled more than…
The global maritime community is gathering in Athens this week at a moment of acute strategic significance: with the Strait of Hormuz still closed to commercial traffic and energy supply chains under severe strain, the industry’s mandate to keep the world fed and moving has never been more visible – or more tested. Against this…