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The Smart Maritime Council, a cross-industry membership group focused on technology harmonization, standardization and interoperability, has released a new set of best practice guidelines for data ownership and access in the maritime sector, providing a recommended list of data control issues for shipping companies and technology providers to consider when discussing contracts for the supply of shipboard systems.

Advanced Navigation (the “Company”), a developer of AI robotics and navigation technology, and KKR, a leading global investment firm, have announced the signing of definitive agreements under which KKR will lead a AUD 108 million (USD 68 million) Series B funding round in the Company.

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