FarSounder adds AI radar capability through Tocaro Blue partnership

FarSounder is taking another step towards smarter ship navigation by adding AI-powered radar technology from Tocaro Blue into its existing Argos forward-looking sonar system, as the industry continues to push for better real-time situational awareness at sea.  The idea behind the integration is fairly straightforward: instead of crews having to interpret multiple separate systems, radar, sonar and vessel tracking data are now brought together into one unified display.  Technically, the upgrade links Tocaro Blue’s ProteusCore...

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Precious Shipping deepens tanker push with $28.45m MR acquisition from d’Amico

Precious Shipping is continuing to expand its presence in the tanker segment through its Malaysian joint venture, marking another step in its broader strategy to diversify beyond dry bulk shipping.  The Bangkok-listed company confirmed that its associate Nusantara Maritime — in which Precious Shipping holds a 45% stake via a Singapore subsidiary — has agreed to acquire the 2012-built MR tanker High...

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