EchoChain

PIL chairman steps aside amid US container cartel investigation

SS Teo, one of Singapore’s most recognised shipping figures and executive chairman of Pacific International Lines (PIL), has stepped aside from his leadership role as he prepares to defend himself and his company against a US Justice Department container cartel investigation.  PIL, currently the world’s 12th largest container shipping line, confirmed that Teo will take a leave of absence from his position...

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Marlink and Metis partner to strengthen AI-driven vessel intelligence

Maritime digital solutions provider Marlink has signed a strategic partnership with vessel analytics company Metis in a move aimed at expanding shipowners’ access to advanced vessel data intelligence and AI-powered operational analytics.  Under the agreement, Marlink will act as a strategic integration partner for Metis’ vessel performance and operational data solutions, combining Metis’ onboard analytics and high-frequency data acquisition capabilities with Marlink’s global digital infrastructure, cyber-secure connectivity services and worldwide maritime support...

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AI-powered voyage optimisation gains momentum as shipping volatility intensifies

Shipping companies are being forced to rethink traditional voyage planning strategies as geopolitical tensions, volatile fuel markets and operational disruptions continue to reshape global trade flows, according to maritime technology specialist StormGeo.  The company believes the industry must move away from static operational decision-making and adopt more adaptive, AI-driven voyage optimisation strategies capable of responding in real time to changing market and operational conditions.  Recent disruptions linked to the conflict in the Middle...

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Hafnia expands AI platform rollout to accelerate tanker operations

Product tanker operator Hafnia is accelerating the deployment of enterprise AI platform Complexio across its business after the first phase of implementation delivered early operational improvements in commercial and finance workflows.  The update was revealed in Hafnia’s first-quarter results, where chief executive Mikael Skov highlighted faster response times and improved operational efficiency following the platform’s initial rollout.  Skov described Complexio as an enterprise AI solution that combines conversational AI, workflow analytics and automation tools to support faster and...

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Laskaridis Shipping adopts AI-powered compliance platform with Seafair

Laskaridis Shipping has joined forces with maritime software company Seafair to introduce an AI-powered compliance platform aimed at modernising some of the shipping industry’s most complex and time-consuming audit and safety management procedures.  The new AI Compliance Engine has been developed to automatically analyse company procedures and operational documentation against major industry frameworks, including DryBMS and DBCE, while also supporting broader standards such as the Code of...

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Terntank partners with Oversea to strengthen fleet performance and emissions monitoring

Swedish tanker owner Terntank has entered into a commercial agreement with maritime performance specialist Oversea following a successful trial period involving the company’s Fleet Support Center services.  The partnership will initially cover nine vessels, including Terntank’s latest Hybrid-Plus tankers, while two additional newbuildings scheduled for delivery next year are also expected to join the programme.  Among the vessels included in the agreement, two are equipped with wind-assisted propulsion systems as part of Terntank’s broader strategy to reduce emissions and improve energy efficiency across its operations.  Under the...

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Corvus and BYD strengthen partnership to advance next-generation marine batteries

Norwegian battery specialist Corvus Energy and BYD Energy Storage have taken a step further in their collaboration, signing a strategic cooperation agreement aimed at accelerating the development of next-generation battery systems for the maritime sector.  The agreement builds on a memorandum of understanding signed late last year, which first set the framework for joint work on marine battery technologies. This new phase formalises...

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Cryosafe and bound4blue explore wind propulsion for LNG carriers

Cryosafe Services, a specialist in LNG operations, has signed a partnership with wind propulsion developer bound4blue to study how its eSAIL system could be integrated into LNG carrier vessels and optimised for real-world operations.  The work will focus on different installation layouts, with the aim of improving vessel performance while staying fully compatible with the operational constraints of LNG shipping. That includes key factors such as air draft limits, cargo handling procedures, gangway access, and mooring arrangements, all of which must align with LNG terminals and...

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