Virginia tech start-up raises $43m to turn ships into data platforms
Six venture capital firms participate in funding round
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May 2026
Lloyd’s Register Launches LXF Consortium to Standardize Container Stowage Data
Lloyd’s Register (LR) has helped establish a new industry consortium aimed at ending the fragmented way container stowage and lashing data is shared across the sector. The Lashing Exchange Format (LXF) Consortium brings together major classification…
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Avin and Advantage tankers make rare trips as Nigeria fills Middle East crude gap
Suezmaxes have been bringing oil into the country from Guyana and Libya, brokers say
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Yinson Production sets up shop in China to bolster project execution
Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has opened the doors of its new office in Shanghai to fortify and support closer collaboration with shipyards, suppliers, fabrication…
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Lincoln Electric Debuts Aluminum MIG Welding System
Lincoln Electric introduced the AlumaFab aluminum MIG welding system, a purpose-built solution designed to simplify and optimize high-volume aluminum welding. Developed through a partnership with MK Products, the AlumaFab system combines wire feeding w…
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