Last week’s Posidonia was filled to the brim with shipowners, suppliers, trade media and more setting new records for attendance and expanded opportunities to hear the industry identify challenges and opportunities. But despite the platform for viewing new technologies, there is still a large element of denial that the industry needs to make changes not only for regulatory reasons, but to also accelerate into the “Fourth Industrial Revolution”.
Despite the moans and groans over the recent MEPC meeting about GHG reduction by 2050, and the ongoing malaise about the global Sulphur cap in 2020, these actions MUST happen if we don’t want society forcing these actions upon us. With the EU “Sword of Damocles” hanging over our heads, we MUST participate in the global effort to reduce emissions.
We must also accelerate our adoption of the digital wave. This is a prime example of “Lead, Follow, or Get Out of the Way”. There are going to be some companies that adopt digitalization and benefit from the operational efficiencies baked into these platforms. The companies that don’t will find themselves at a competitive disadvantage.
I’m also concerned about the brokerage community who haven’t evidenced any concern about new technologies—such as blockchain—threatening their way of doing business. Even an event hosted by the Baltic Exchange last week dismissed blockchain as a factor in their business. One broker actually claimed that digitalization wouldn’t affect shipping because “each ship has individual characteristics and only a broker could keep track of them”. Hmmmm…. ever hear of databases???? Let’s hope they decide to climb aboard the Digitalization Bullet Train!
These discussions and more will be at SHIPPINGInsight October 16-18th. Let’s plan to be there and share insights on the way forward. Nobody wants to be a Dodo bird!!
Shipping lags behind in new tech, say experts at Posidonia 2018
2018-06-07 – As the maritime world is trying to adjust to a raft of new challenges emanating out from the regulatory frameworks imposed by IMO and the corridors of the European Commission, technology companies must always be a step ahead. But how savvy and prepared are shipping companies today to embark on their digital transformation journeys as timely as other key industries?. . . READ MORE
New collaboration to drive innovation in the supply chain
2018-06-06 – French shipping company CMA CGM’s startup incubator Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in shipping and supply chain ecosystem. . . READ MORE
Cyber
DNV GL to release its first cyber security class notations
2018-06-07 – Classification society DNV GL is to release its first cyber security class notations. Announced at the Posidonia trade show today, the notations – Cyber secure – will be published on the DNV GL rules page on July 1, 2018. . . READ MORE
Fuel
ABS issues Marine Fuel Oil advisory to help owners prepare for 2020
2018-06-08 – A recent informal poll by ABS found 53 percent of shipowners and operators saying that their fleets were not yet ready to meet IMO’s upcoming 2020 global sulfur cap requirements. As the deadline for compliance approaches, says ABS, it is vital that industry consider the available options and the impacts on their fleets. To help industry in its preparations, ABS has issued a new Advisory on Marine Fuel Oil. . . READ MORE
BV issues approvals for GTT LNG containment systems
2018-06-11 – Class society Bureau Veritas (BV) has issued new approvals to GTT (Gaztransport & Technigaz) for membrane containment systems and LNG technology applications. . . READ MORE
Ballast Water
USCG receives 15th application for BWMS type approval
2018-06-08 – On May 11 2018, the USCG received its 14th application for the OceanGuard BWMS, manufactured by Headway Technology. The 13th application was received in April by Wärtsilä Water Systems, while two more applications, by JFE Engineering Corporation and Panasia Co, were received in March. . . READ MORE
Markets
IACS Chairman: Classification societies have to be ready for change
2018-06-08 – Chairman of IACS Knut Ørbeck-Nilssen, Speaking at the Posidonia, identified the need for classification societies and IACS itself to be adaptable and prepared for change, while at the same time staying true to the core purpose of classification. . . READ MORE
For sponsorship and exhibiting information, please contact Dave Weidner (d.weidner@shippinginsight.com) For more information on the conference, please contact Carleen Lyden Walker (c.walker@shippinginsight.com) or call +1 203 255 4686
