The European Union has provided more than 20 million euros to a pioneering project in Norway to advance autonomous ship technology. The funding, one of the largest grants of its kind ever given in Norway, will help the project known as AUTOSHIP which seeks to demonstrate the use of two autonomous vessels in Europe’s short sea shipping and inland waterways sector. Led by … [Read more...]
Kongsberg Completes Acquisition of Rolls-Royce Marine
Norwegian technology group Kongsberg Gruppen announced on Monday it has completed its acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of Kongsberg Maritime, RRCM will operate under the KONGSBERG brand and the Kongsberg Maritime legal entity. Kongsberg Gruppen announced its intention to acquire Rolls-Royce's marine business in July 2018 in a deal … [Read more...]
Shipbuilding Contract Signed for Unmanned, Zero-Emission Container Ship ‘Yara Birkeland’
The world’s first autonomous and electric container ship is one step closer to reality with a shipbuilding contract now in signed and sealed for the vessel. Norwegian technology firm Kongsberg, who is partnering with Yara on the project, announced today that Yara has signed a deal worth NOK 250 million ($25.9 million) with VARD to build the vessel with launch scheduled for … [Read more...]
Kongsberg to Acquire Rolls-Royce’s Commercial Marine Business
Norwegian technology group Kongsberg has entered into an agreement to acquire Rolls-Royce's struggling commercial marine business in a GBP 500 million deal. The acquisition includes the marine products, systems and aftermarket services businesses of subsidiaries of Rolls-Royce Plc. "The sale includes propulsion, deck machinery, automation and control, a service network … [Read more...]
World’s First Autonomous Shipping Company Established in Norway
The world’s first shipping company focussing entirely on autonomous ships is being established in Norway as the shipping industry continues its push towards autonomous technology. Shipping group Wilhelmsen and technology firm KONGSBERG, both from Norway, have joined forces to establish the new company, named Massterly, which will launch later this year offering the complete … [Read more...]