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UK high-speed boat and RIB-builder Marine Specialised Technology (MST) Group reports that it has secured a £6 million funding package from domestic bank NatWest. Ben Kerfoot, group managing director, tells The Naval Architect: "The funding will be used to finance the...
The Finnish Transport Infrastructure Agency has selected Aker Arctic to design a next-generation Baltic icebreaker as part of the Winter Navigation Motorways of the Sea III (WINMOS III) project, co-financed by the EU. In addition to initial design, technical...
The Offshore Renewable Energy (ORE) Catapult reports that it has selected nine UK companies for its 2025 Launch Academy technology acceleration programme, created to provide "wraparound support" to innovative companies working in the offshore wind segment. The...
Largest suction sail installation completed Bound4blue has completed the installation of the world’s largest suction sails, with four 26m-high eSAILs being fitted to Atlantic Orchard. Chartered by Louis Dreyfus Company (LDC) and owned by Wisby Tankers of Sweden, the...
