Wärtsilä Signs Lifecycle Agreement With Mercy Ships International
Wärtsilä has signed a Lifecycle Agreement with charity organization Mercy Ships International. The contract covers a 5-year renewal of an existing service agreement for the world's largest purpose-built civilian hospital ship, the Global Mercy, and a 3-year service agreement for the organization’s latest newbuild vessel, the Africa Mercy II. Both ships are fitted with Wärtsilä engines. The order was booked by Wärtsilä in Q3 2026.Mercy Ships provides free medical care…
KR Releases Statement of Fact for ShipWatch Vessel Performance Calculation Methodology
KR (Korean Register) has issued a Statement of Fact for the Vessel Performance Calculation Methodology developed by ShipWatch, an affiliated company of Navig8 and ADNOC L&S. KR’s technical review confirmed that the methodology aligns with the principles and performance-monitoring sequences established in the international standards ISO 15016:2015 and ISO 19030:2016.The Statement of Fact was formally presented to ShipWatch on September 2 during SMM 2026 in Hamburg…
Techcross Updates Smart Platform Vessel Management Service
Techcross has completely renewed its Smart Platform, a web-based service for shipowners. The key focus of the renewal is to go beyond simply providing operational data from Ballast Water Management Systems (BWMS) by improving the information structure and data analytics functions, enabling users to identify vessel conditions and necessary actions more quickly.The renewed Smart Platform categorizes the status of vessels within a shipowner's fleet into three levels—Alert…
Indian Recycling Yards Pushed Towards Highly Speculative Bids
Indian ship recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices as competition for a limited number of end-of-life vessels intensifies, according to Wirana Shipping, one of the world’s oldest and largest cash buyers of vessels for recycling.Indian ship recycling offers have climbed by as much as USD 30/LT LDT in three weeks as competition for limited vessel supply intensifies…
