Fleet Optimization and Innovation Headlines of the Week October 11, 2018

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NEW VENUE | NEW FORMAT | NEW IDEAS | NEW OPPORTUNITIES | NEW ERA

Reimagining “New”

Next week will be the realization of a year’s worth of planning, outreach and effort to bring SHIPPINGInsight 2018 to the maritime industry.  We have been touting “new” throughout the year, but haven’t taken the time (who has time???) to explain what that means.

NEW VENUE– at least for SHIPPINGInsight.  We felt that moving to the Stamford Hilton would promote greater opportunities for delegate integration- another term for “networking”.  We are on the same floor, in the same area, the entire time.  For some of you who are regulars at the CMA’s Shipping conference, it will feel like home!

NEW FORMAT– after comments from last year’s delegates, we decided to change the format.  We are providing keynote speeches intended to stimulate thinking on a global level.  This year’s event is also more interactive, with multiple roundtable sessions designed to engage in dialog and exchange ideas!  For more in-depth information, we have our breakout sessions on a variety of topical issues.

NEW IDEAS– in addition to hearing NextGen voices from the dais, we have a new feature:  our SHARK TANK!!!  Learn about technology that is still under development and looking for support.  Tomorrow’s ideas today!

NEW ERA– shipping is entering a new stage of its evolution not seen since Malcolm McClain developed the container.  We need to identify how we are going to efficiently and effectively address these challenges.  We need to work collaboratively for the success of our industry to navigate through these times.  Shipping has an opportunity to be a leader—we know it is the most beneficial industry on the planet as the engine of global trade.  As we are fond of saying:  “Without shipping, half the world would starve and the other half freeze”.  We are indispensable to the world—let’s show it our best.

See you next week “in the room where it happens”!

Keep optimizing,

Carleen

• See Who Will Be at SHIPPINGInsight
• Scrubbers
• Biofouling
• Autonomous
• Market
• SHIPPINGInsight Updates

Newport Shipping buys 100 scrubbers for turnkey retrofits

2018-10-03 – London headquartered Newport Shipping Group has purchased 100 exhaust gas scrubbers, with options for an additional 100, from Chinese exhaust gas cleaning system manufacturer Weihai Puyi Marine Environmental Technology Co (Puyier. and has alsosigning of cooperation agreements with engineering services providers Harris-Pye and Goltens. . . READ MORE

Star Bulk Carriers Announces $310mln Loan for Vessels, 50 Scrubbers

2018-10-09 – Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in Star Bulk’s fleet. . . READ MORE

Genco to Install Scrubbers on up to 32 Ships

2018-10-09 – Dry bulk shipping company Genco Shipping & Trading Limited said it plans to install exhaust gas cleaning systems, or scrubbers, on its 17 Capesize vessels with options for installation on an additional 15 vessels ahead of new environmental regulations set to take effect in 2020. . . READ MORE

BIMCO, partners to create hull underwater cleaning standard

2018-10-09 – Responding to the increasing concerns regarding the impact of hull biofouling on the marine environment, BIMCO and a group of industry partners have set out to create an internationally recognised standard. . . READ MORE

Autonomous ships face less barriers than driverless cars, study says

2018-10-09 – According to a recent International Underwriting Association (IUA) survey on emerging technologies, autonomous ships and drones face less barriers to adoption than driverless cars. . . READ MORE

Industry leaders sign call for action on shipping decarbonization

2018-10-04 – The chief executives of Euronav, Cargill Ocean Transportation and Gaslog are among a group of 34 CEOs and industry leaders brought together by the Global Maritime Forum that has signed a call for action in support of decarbonization of the marine industry. . . READ MORE

IPCC: Limiting global warming to 1.5°C requires rapid and far-reaching change

2018-10-09 – Limiting global warming to 1.5°C would require rapid, far-reaching and unprecedented changes in all aspects of society, the Intergovernmental Panel on Climate Change (IPCC) said in a new report, noting that limiting global warming to 1.5°C compared to 2°C could go hand in hand with ensuring a more sustainable and equitable society. . . READ MORE

Fulfilling Africa’s Maritime Trade Potential

2018-10-06 – Africa currently has minimal integration in world trade, but this is an enormous opportunity for the world’s youngest and second-most populous continent, states UNCTAD’s newly-released Review of Maritime Transport 2018. . . READ MORE

Energy efficiency ranked as most impactful for shipping in next 10 years

2018-10-09 – During its latest Annual Summit in Hong Kong on 3-4 October 2018, the Global Maritime Forum presented its Global Maritime Issues Monitor 2018 report, in which maritime leaders ranked ‘energy efficiency’ and ‘choice of emissions reduction technologies and strategies’ as most impactful and most likely to influence the sector in the next 10 years. . . READ MORE