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OPTIMIZED FORMAT  –  INNOVATIVE IDEAS  –  PROFITABLE OPPORTUNITIES

Our industry has sailed “under the radar” for most of its recent existence.  While romantic notions of old are gone, where the entire town would come to the waterfront to greet the latest ship bringing exotic goods, shipping has operated mostly unnoticed in recent years as people moved away from ports and took the complex logistics transportation system for granted.  This shifted somewhat as shipping became a public investment vehicle, and the emergence of a 24/7/365 global news network where incidents and accidents are reported immediately.

But shipping is coming into view for a new sector of the global market—corporate investors who either want to enter the transportation network in order to monitor its contribution to the sustainability of its own logistics chain, digital giants who seek to better understand the elusive maritime space to see how they can contribute, or logistics giants who are monitoring our industry to discern whether we are as efficient as possible.  All three have the opportunity to be a helpmate—or an aggressor.

We have long bemoaned the lack of visibility “suffered” by the industry.  That invisibility is now over as shipping is scrutinized as a market of opportunity.  We need to put our best effort into accelerating OUR progress and owning OUR future by accepting the helping hand and input from those who truly want to see our industry improve and preventing the incursion of those who seek to conquer to complete their own goals of world domination.

Keep optimizing,

Carleen

• Interview with Todd Allen, Navtor
• Cyber Security
• Digitalization
• Autonomy
• Scrubbers
• Compliance
• Fuel Alternatives
• Blockchain
• Innovation
• Sustainability
• 3D
• SHIPPINGInsight Updates

Norsk Hydro lost about $35-40 million after cyber attack

2019-04-01 – Norwegian renewable energy company Norsk Hydro said it continues to progress towards normal operations, following the cyber attack that disrupted its operations in March. The preliminary estimated financial impact for the first full week following the cyber attack is around NOK 300-350 million (=USD 35-40 million), the majority stemming from lost margins and volumes in the Extruded Solutions business area, the company informed. . . READ MORE

Clarksons debuts digital chartering platform

2019-04-03 – Chartering brokers the world over question daily whether their business will be usurped by technology. One broking company has taken the matter into its hands. The world’s largest shipbroker has debuted its much anticipated digital chartering platform. Sea.live has been created by Clarksons Platou and is an end-to-end digital solution for chartering and contract management. . . READ MORE

Microsoft Joins Tech Race to Clean Up Shipping With Big Data

2019-04-04 – At noon every day — when the sun is directly overhead — the world’s fleet of commercial maritime ships report their position, speed and weather conditions. It’s the primary way ships track how much fuel they’re burning and how to to use less of it, and they’ve been doing it this way for at least 200 years. . . READ MORE

UK invests £75m in autonomous naval technologies

2019-04-03 – The UK Defence Secretary has announced a £75million ($98 million) funds injection for robots and autonomous mine-hunter vessels for the Royal Navy. The fund is planned to be spent on two new autonomous mine-hunter vessels with sonars, to enable remote mine-hunting at higher range, speed and accuracy as well as NavyX, a new joint military and industry hi-tech accelerator. . . READ MORE

Scrubber Projects: What we have learned so far

2019-04-03 – During the last GREEN4SEA Conference, Mr. Christopher Fee, General Manager – Environment and Sustainability, Oldendorff Carriers presented experience feedback from the use of scrubbers so far. Specifically, Mr. Fee attempted to debunk the myth that these systems harm the environment. . . READ MORE

USCG on IMO 2020 compliance and what’s following

2019-04-04 – Rear Adm. John Nadeau, assistant commandant for prevention policy, attended Connecticut Maritime Association’s Shipping 2019 Conference and focused on the countdown to compliance of IMO 2020 and the concerns around it, such as availability, quality, and cost. . . READ MORE

Fuel cell centre to be built in Denmark

2019-04-04 – Ballard Power Systems Europe will establish a Marine Center of Excellence (Marine CoE) focused on fuel cell marine applications at the company’s engineering, manufacturing and service facility in Hobro, Denmark. The Marine CoE will design and manufacture heavy duty fuel cell modules to address zero-emission powertrain requirements for the shipping industry. . . READ MORE

DNV GL joins EU blockchain initiative

2019-04-04 – DNV GL announced that it joined INATBA, the International Association of Trusted Blockchain Applications. This is an EU backed initiative, aiming to establish a framework that will enable blockchain to flourish. . . READ MORE

NY Maritime Innovation Center Hosts Industry-Focused Hackathon

ABS Launches Sustainability Center in Singapore

Singapore project aims to fast-track marine 3D printing

2019-04-09 – In a joint industry program (JIP) initiated by the Maritime and Port Authority of Singapore (MPA) class society DNV GL will team up with ten member companies of the Singapore Shipping Association (SSA) to examine how spare parts produced by 3D printers can help the industry to cut costs and downtimes. . . READ MORE