If hindsight is 20/20, then one might assume that predicting future market trends to the year 2020 is a severely myopic endeavor. As most in the maritime industry can attest, the clarity of future regulations is often only crystallized by the most recent disaster and resultant rules…
Fuel cost is the primary driver of today’s push to go “green.” While the side benefits extend much further, industry nevertheless moves ahead with extreme caution. Shipping lines trying to stay a step ahead of legislation aimed at reducing…
Several years ago I found myself on a tourist boat that carries out whale watching tours in Península de Valdés, Patagonia, Argentina. This location became famous over the last 30 years, due to the massive yearly encounter of the southern right…
Women’s Sea Congress Looks at the FutureThe Women’s International Shipping and Trading Association (WISTA) conference program scheduled to be held in Paris October 3-5 will focus on issues facing shipping today. In addition to hosting its annual meeting and conference…
Clay Maitland is a ubiquitous figure in the global shipping circuit, never shy to share his accrued maritime experience of more than 40 years, ask the tough questions or supply the blunt opinion. Set to celebrate his 70th birthday later this year but not slowing a step…
UTEC appointed Sean Halpin as Global AUV Manager and US Geophysical Manager.A graduate of the esteemed Maine Maritime Academy, Sean began working with hydrographic survey equipment at the age of 18. After university, he worked with a US defense…
According to a report in the Wall Street Journal, A.P. Moller-Maersk A/S is set to address the continued sluggish global trade numbers by reducing its capacity and raising rates, in addition to more slow-steaming measures to reduce the near…
Total annual operating costs in the shipping industry increased by an average 2.1% 2011, driven by crew costs, reports Moore Stephens The findings are set out in OpCost 2012, Moore Stephens’ unique ship operating costs benchmarking tool…
CCS-Inc introduce Globestar® (GS) Odyssey III, latest version of its marine computer ideal for navigation, shipboard monitoring & control systems. The GS Odyssey III is a 3U rackmount industrial computer that is fully compliant with the IEC 60945:2002 standard for marine use…
Business advisory specialists, AlixPartners, honored by TMA for 'International Turnaround of the Year' for their work at DeepOcean Group.AlixPartners, the global business-advisory firm, has been honored by the Turnaround Management Association for its work…
The Ticonderoga-class guided-missile cruiser 'USS Cowpens (CG 63)' carries out a live missile shoot in the W. Pacific.Standard Missiles (SM) 2 were fired at an airborne drone during the live-fire weapons shoot.USS Cowpens is part of the George Washington Carrier Strike Group…
SeaBird Exploration Plc announce that the contract for 'Hawk Explorer' has been extended by Spectrum ASA for a minimum of 2 months.Hawk Explorer is a 2D seismic survey vessel of LOA 66 m, breadth 14.5 m. and draft of 5.8 m with a transit speed of 12 kts…
The U.S. Naval Research Laboratory (NRL) is developing the chemistry for producing jet fuel from renewable resources.Refueling U.S. Navy vessels, at sea and underway, is a costly endeavor in terms of logistics, time, fiscal constraints and threats to national security and sailors at sea…
A new high-resolution tidal model for the Malacca and Singapore Straits will potentially save ships thousands of dollars in bunker fuel costs.Simulations have shown that transit time savings of between three and 12 per cent can be made depending on vessel type…
In a speech at the Kansas Renewable Energy Conference the President & CEO of BP's wind energy business advocates energy supply alternatives.Extracts from John Graham's speech follow:'The rules for energy supply that governed during the…