Class society Lloyd’s Register (LR) has announced an agreement to acquire maritime e-learning software provider Ocean technologies Group (OTG) from private equity firm Oakley Capital. The buyout means that OTG, which provides critical training, compliance, operational and HR software to more than 1,000 shipowners and operators and in excess of a million seafarers globally, will […]
Classification society and shipbuilder enter strategic framework to advance the digital transformation of shipbuilding In the ever-changing currents of shipbuilding technology a newly announced collaboration between the American Bureau of Shipping (ABS) and South Korean shipbuilding company Hanwha Ocean could be a transformative force in naval architecture. Announced in January 2023, the deal signed by […]
The International Association of Classification Societies (IACS) has announced the immediate establishment of a Safe Digital Transformation Panel (SDTP) following the 88th session of the IACS Counci (C88)l in London in December. SDTP will bring all IACS’ current digitalisation activities within a single forum, encompassing issues such as MASS, cyber safety, data management & exchange […]