World Maritime University (WMU) has partnered with Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre (ISC) to jointly combat against maritime piracy.
WMU’s postgraduate students will be shared the experience of ReCAAP ISC in countering armed robbery and maritime piracy.
The partnership will also enable the students to visit ReCAAP ISC headquarters in Singapore for field studies.
Windward, a maritime risks modelling company based in Israel, has raised gross proceeds of $16.5m through a Series C funding round led by venture capital fund XL Innovate.
The technology start-up intends to use the funding to strengthen its marine insurance portfolio, recruit new staff and expand its London office.
The company has so far raised a total of $38.9m in funding.
Seabourn has selected Mariotti Damen Cruise, a newly formed joint venture of T.Mariotti and Damen, for the construction of two new ultra-luxury expedition cruise ships.
Each PC6 Polar Class-standard vessel will weigh 23,000t and feature 132 oceanfront Veranda suites, accommodating 264 passengers.
The new ships will expand Seabourn’s operational reach to Antarctica, the Arctic and other exotic locales.
The first ship will be delivered in June 2021, while the second one will be delivered in May 2022.
The partnership will work towards defining a set of standards and rules and will assist the fleet to comply with the regulatory standards.
Probunkers will be responsible for the development and operation of the vessels in seven ports, while ABS will address the technical and operational issues.
AtoB@C Shipping and AtoB@C Holding (AtoB@C) have agreed to sell all outstanding shares to Finnish firm ESL Shipping for €30m ($35m).
The transaction is expected to increase the cargo handling capacity of ESL Shipping to between 16Mt and 17Mt, as well as boost its net sales from €80m ($93.2m) to €160m ($186.5m).
Adani Ports and Special Economic Zone (APSEZ) has acquired a 97% stake in Marine Infrastructure Developer (MIDPL), for Rs19.5bn ($282.7m).
MIDPL is the operator of Kattupalli Port located in Chennai, India.
The acquisition is a result of APSEZ’s execution of share purchase agreement, which was signed between MIDPL, L&T Shipbuilding, Adani Kattupalli Port and APSEZ.
APSEZ plans to convert Kattupalli Port into a multi-commodity port that handles containers, cargo and automobiles.