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Fleet Optimization and Innovation Headlines of the Week August 7, 2019

Maritime’s “Monolith Moment” – The Dawn of a New Era. . .  Headlines of the Week- August 7, 2019 View this email in your browser

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Maritime’s “Monolith Moment”- The Dawn of a New Era 

How many of you have watched 2001: A Space Odyssey in the past couple of years? If you have, you will see how closely the movie reflects where we are in shipping today. In the movie, a black monolith appears at pivotal times communicating (or initiating) profound change: the ability for man to stand up straight, eat meat, and use bones as weapons; a communication from farther into the universe when encountered on the moon causing man to reach farther to find its source.

There are many examples supporting the notion that now is maritime’s “Monolith Moment”. As we approach the next decade, we are looking at the reduction of the global Sulphur cap from 3.5% to .5%. In preparation for a release in 2023, maritime needs to develop a strategy for reducing carbon emissions to 40% by 2030 and an aspirational 70% by 2050 (with a commitment of 50%). In 2020 we will see the dawn of a fully automated/unmanned loading and transit operation in Norway with the launch of the Yara Birkland. Without a doubt, we will see a surge in the use of artificial intelligence and digitalization as we look to become more and more efficient—and hopefully realizing some cost savings. And we can hope that the IMO’s 2019 World Maritime Day theme of “Empowering Women” will be realized in the coming decade.

With change comes risk. As we come to rely increasingly on machines we need to retain our oversight. No one watching 2001: A Space Odyssey will forget how HAL, the computer “incapable of error”, attempted to supersede Dr. Dave Bowman and his colleagues and take over the mission. With our transition today, we need to be vigilant against error, and shore up vulnerabilities. Cyber security needs to be a countervailing tool as we advance in digitalization. Critical awareness needs to be present in automation. We cannot become complacent.

If you haven’t watched 2001: A Space Odyssey, I urge you to do so before 2020: A SHIPPING Odyssey. See you in October!!!

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
August 7, 2019 
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Automation

Automation will boost jobs despite replacing them report says 

2019-06-30 –  As the BBC reports, more than 20 million manufacturing jobs on a global scale are to be replaced by 2030. . . READ MORE

Human Factor

Millennials to account for 75 of global workforce by 2025

2019-07-30 – According to Allianz, by as early as 2025, as much as 75% of the global workforce could be millennials. . . READ MORE 

NTSB releases its analysis of the USS John S McCain collision

2019-08-05 – The U.S. National Transportation Safety Board (NTSB) has released its analysis of the August 21, 2017, collision between the USS John S McCain and the tanker Alnic MC. . . READ MORE 

Fuels

First Methanol-Powered Tankers Pass Operating Milestone 

2019-07-31 – The world’s first methanol-powered tankers have passed each passed the 10,000 operating hours running on the clean-burning alternative fuel. . . READ MORE

World’s Largest Plug-in Hybrid Vessel Delivered

2019-08-01 – The world’s largest plug-in hybrid vessel, Color Hybrid, was delivered from Ulstein Verft to Color Line. With all its innovative and new environmentally friendly solutions, the ship. . . READ MORE

MOL commits to synthetic methane in bid to move towards zero-emissions fleet 

2019-08-05 – Mitsui OSK Lines (MOL), one of the largest shipowners in the world, is championing synthetic methane as a route to get towards zero emission vessels. . . READ MORE

Emissions

Baltic exchange starts tracking shipping emissions

2019-08-01 –  In a huge departure from its 265-year heritage of providing freight rate data, the Baltic Exchange is partnering with a spatial big data company to create. . . READ MORE

Are IMO and EU on the same page with emissions cuts?

2019-07-29 –  The European Commission elected a new President. Ursula von der Leyen, the new President of the European Commission who won MEPs’ votes. . . READ MORE

Ballast Water

Ecochlor Expands into Japan  

2019-08-01 –  Focused in providing a local solution for shipowners with their ballast water management system (BWMS) regulatory challenges, Ecochlor has  announced Asao Shirai. . . READ MORE

Comment Period for BWMS Type Approval Policy now Open

2019-08-01 –  The Coast Guard announced in the Federal Register that it is seeking public comment on a draft policy letter for accepting test methods that measure viability of organisms. . . READ MORE

SHIPPINGInsight Updates

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OPTIMIZED FORMAT  –  INNOVATIVE IDEAS  –  PROFITABLE OPPORTUNITIES

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
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