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Fleet Optimization and Innovation Headlines of the Week April 10, 2019

Accepting the help of the giants. . .  Headlines of the Week- April 10, 2019          View this email in your browser

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OPTIMIZED FORMAT  –  INNOVATIVE IDEAS  –  PROFITABLE OPPORTUNITIES

Shipping on the Radar

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

     Carleen Lyden Walker
     Chief Evolution Officer
SHIPPINGInsight
IMO Maritime Ambassador
+1 203 255 4686 (o)
+1 203 260 0480 (m)
c.walker@shippinginsight.com
www.shippinginsight.com
News of the Week
April 10, 2019 
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An Interview with

Todd Allen
Regional Manager, NAVTOR

Cyber Security

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

Digitalization

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

Autonomy

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

Scrubbers

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

Compliance

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 Alternatives

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

Blockchain

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

Innovation

NY Maritime Innovation Center Hosts Industry-Focused Hackathon

2019-04-05 – Last week, the New York Maritime Innovation Center (NYMIC) held its first NYC Maritime Hackathon, a 36-hour programming marathon focused on real-world industry problems and datasets. With guidance from shipping executives and mentoring from tech professionals, dozens of software developers collaborated to come up with competing proposals and convince judges that their solutions deserved consideration. . .READ MORE

Sustainability

ABS Launches Sustainability Center in Singapore

2019-04-09 – The American Bureau of Shipping (ABS) has launched a Global Sustainability Center in Singapore as s decarbonising shipping becomes mission critical for the industry classification society. . .READ MORE

3D

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

SHIPPINGInsight Updates

Silver Partner – Seahawk Services

We are pleased to be welcoming Seahawk Services
as a Silver Partner

They will be joining us as we provide cutting edge
and topical insights for the marine industry in October.

HAMF AWARDS

Cast Your Vote!

The voting for the Hellenic American Maritime Awards is open!

Don’t miss your chance to cast your vote and be part of the procedure to award companies that really make a difference in the shipping industry.

Voting is open through April 19, 2019 (Athens, Greece time)

View Nominees, Awards, and Vote

OPTIMIZED FORMAT  –  INNOVATIVE IDEAS  –  PROFITABLE OPPORTUNITIES

Save the Date
SHIPPINGInsight 2019

October 15-17, 2019

The 8th Annual Fleet Optimization & Innovation
Conference & Exhibition

Stamford Hilton
Stamford, Connecticut, USA

Highlights of 2018 – Photos, Presentations, Videos and more!

For partnership 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
Copyright © 2019 SHIPPINGInsight, All rights reserved.

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