NYK Celebrates O3 Challenge
The “Ocean of Opportunities Challenge” (O3 Challenge), a worldwide contest aimed at creating new value through open innovation in the maritime industry, has been successfully celebrated by NYK Group.This was the second consecutive year for the challenge, which is planned and conducted by NYK Group companies Symphony Creative Solutions Pte. Ltd. (SCS) and Ocean Network Express Pte. Ltd. (ONE), together with NUS Enterprise.The contest began in February with ONE issuing six challenges related to its work processes.
Great Lakes-St. Lawrence Shipping Sets 2019 Priorities
Chamber of Marine Commerce President Bruce Burrows has unveiled a 2019 wish list for legislative and policymakers designed to make Great Lakes-St. Lawrence and coastal shipping more competitive and build on the remarkable growth of the 2018 season.St. Lawrence Seaway cargo volumes increased almost 7 per cent in 2018, reaching 40.9 million metric tons for the first time since 2007.“Despite an unpredictable business environment of tariff wars and trade negotiations, many of our Canadian and U.S.
WinGD Elected Joins LNG Marine Fuel Institute
Switzerland-based low-speed gas and diesel marine engines marine manufacturer Winterthur Gas & Diesel (WinGD) has become a member of the LNG Marine Fuel Institute.WinGD, the company involved in the design and development of the two-stroke X-DF LNG engines, is highly invested in the advancement of the shipping industry through LNG as fuel.More than 150 engines of the new WinGD X-DF type are ordered, under construction or in operations, said a press release from the company.WinGD’s engine design history dates back to the late 1800s when they were founded as the Sulzer Diesel Engine business.
NYK Testing Cashless Ships
Japan's Nippon Yusen Kabushiki Kaisha (NYK) is currently considering the establishment of a new network that will enable onboard financial settlements through the remittance of electronic money (e-money).The the shipping and logistics company said it is as a part of the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green”.Onboard tests have been conducted to examine the potential to reduce administrative work and the risk of cash loss, and thus foster an employee-friendly workplace where crews can work comfortably and concentrate on ship operations.Today…
Kwispaa LNG Signs FEED Contract of Two At-Shore LNG Hulls
The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.…
NYK Group Celebrates Successful O3 Challenge
Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018.Partners including NUS Enterprise and the Maritime and Port Authority of Singapore (MPA) were in attendance, and the solutions of the three O3 Challenge winners were introduced.The O3 Challenge, a worldwide contest aimed at creating new value through open innovation in the maritime industry…
DFDS Is Recruiting IT Developers
Danish shipping and logistics firm DFDS says it is working on a campaign to attract more IT developers.“We employ 250 people in our IT department and have many digital experts, but the world may still anticipate that shipping companies are only for shipping experts and seafarers,” said Henrik Holck, the company’s EVP, People and Ships.“We need all categories of competencies and our future success very much depends on our ability to create digital and IT solutions. Creative solutions make life easier for our customers and enable us to move people and goods ever more efficiently…
Port Tech, Info Sharing Discussed
A group of leading ports from around the globe wrapped up a two-day meeting in Los Angeles this week as part of a maritime collaboration called chainPORT, a global initiative established in 2015 to digitally connect ports worldwide and boost efficiency within the global maritime supply chain. The chainPORT initiative is led by the Ports of Los Angeles and Hamburg Port Authority in Germany, in collaboration with the Global Institute of Logistics. Other ports participating in the third annual meeting are Shanghai, Antwerp, Barcelona, Montreal, Felixstowe, Indonesia and Shenzhen.
Transas CEO Coles Speaks on the Future for Seafarers
A message from Frank Coles, CEO of Transas on the International Day of the Seafarer. On this day of recognition, I would like to celebrate the women and men who commit their careers and their lives to being at sea for extended periods of time. The future facing the maritime industry today is a very different one from when I first went to sea in 1977. Back then the sextant was King. Today the people working at sea are aided by countless new technologies and digital innovations which have had a huge impact, improving both operations and safety.
Finland’s Minister Berner Visits NYK
Anne Berner, Finland’s minister of Transport and Communications; government officials; and representatives of 10 Finnish maritime companies — 23 guests in total — visited the NYK head office and met with NYK representative director and executive vice-president corporate officer Naoya Tazawa and senior managing corporate officer Yasuo Tanaka. Earlier in the year on March 10, 2016, the leaders of Japan and Finland issued a joint statement on a strategic partnership between Japan and Finland as gateways in Asia and Europe.
NYK Conduct Annual Safety Campaign
n August 24, NYK president Tadaaki Naito, NYK executive officers, and a group of six vessel captains and chief engineers held a meeting at NYK headquarters in Tokyo to openly exchange opinions about the safe operation of vessels that NYK is managing and operating. This meeting is part of NYK’s two-month Remember Naka-no-Se safety campaign,* which is implemented annually from July 1 of each year. The meeting is chaired by President Naito, who oversees NYK’s Safety and Environmental Management Committee…
NYK Hosts Fleet Safety Promotion Conference
Over three times in July, NYK hosted safety promotion conferences for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. These conferences are held every year in two months from July, as part of the “Remember Naka-no- Se” safety campaign, which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations. This year, a total of 177 participants from 82 companies gathered at the conferences.
Fathom to Focus on Student Education
Fathom is finalizing preparations for its July 17 Dominican Republic voyage representing the first ever cruise to the Caribbean focused on Science, Technology, Engineering and Math (STEM) programming. The 7-day cruise will feature specialized STEM-focused workshops for educators that Fathom developed in close collaboration with the Center for Science Teaching and Learning (CSTL). Fathom also will play host to the fifth annual Clean Tech Competition, a unique research and design challenge for pre-college youth.
NYK Selected “Competitive IT Strategy Company”
The NYK Group has been selected by Japan's Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE) as a “Competitive IT Strategy Company” for 2016. NYK is the first company in the maritime industry to receive this award. This award recognizes NYK's appropriate internal governance of the planning, execution, and utilization of IT, in addition to the company’s active IT efforts. Since 2015, METI and TSE have assessed companies listed on the TSE for proactive IT implementation that creates management innovation…
NYK to Buy Into Emas Chiyoda
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) has agreed to invest in EMAS Chiyoda, a subsea services joint venture between oilfield services firm Ezra Holdings Ltd and Chiyoda Corp. NYK has reached an agreement with Ezra Holdings Limited (Ezra) and Chiyoda Corporation (Chiyoda) to acquire a 25 percent share of EMAS Chiyoda Subsea Limited (ECS). After NYK’s participation, the shareholding structure of ECS will change to Ezra 40%, Chiyoda 35%, and NYK 25%. ECS is a global player in the engineering…
'Big Data' Helps NYK Line Axe CO2 Emissions
In fiscal 2015, Nippon Yusen Kaisha (NYK Line) achieved a 14.3 percent reduction in CO2 emissions, exceeding the goal established in 2011 in the company’s "More Than Shipping 2013" medium-term management plan calling for a 10 percent reduction by fiscal 2015 in the CO2 emission rate per unit of transportation from vessels compared with the rate recorded in 2010. NYK has worked “to contribute to the global environment and the creation of sustainable societies by managing environmental risks and arriving at an optimal balance between environment and economy…
KVH Dominates Global Maritime VSAT Market
KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network. This milestone reaffirms the company’s top market share position in the maritime VSAT industry by vessels in service, a benchmark noted in the COMSYS Maritime VSAT Report, 4th Edition, March 2015. The company also announced that it recently expanded the capacity on its global mini-VSAT Broadband network, which provides essential connectivity to vessels around the world.
A New Paradigm in Crew Connectivity?
Despite some recent suggestions to the contrary, demand for crew connectivity remains a strong driver of the maritime communications market. The Maritime Labor Convention is among the factors encouraging service upgrades and higher spending, but there are other fundamental forces at work and across our industry. Shipowners and operators, managers and crewing agents need to understand what is happening and how to manage this change in a positive way. The economics of maritime communications are evolving very fast.
NYK Aims at Developing New Shipping and Logistics Solution
Tokyo-based shipping line NYK Group (Nippon Yusen Kaisha) has decided to establish a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields. NYK, along with its subsidiaries, the Monohakobi Technology Institute and NYK Business Systems, has teamed up with Weathernews and Kozo Keikaku Engineering for the new venture to further the development of the Symphony Project. This joint development project was selected by NYK’s Creative Solutions Development Fund during the fund’s first call for applications.
Littoral OP Tech East - Examining Coastal Operations
EXPERTS from navies, academia and industry are meeting in Tokyo to examine the unique challenges of operating in the littoral or coastal environment. The Littoral OPTECH East workshop is being held in Tokyo, Japan this week with the academic leadership of the Littoral Operations Center (LOC) at the U.S. Naval Postgraduate School in Monterey, California. OPTECH East has the support of the U.S. Office of Naval Research Global, and with the participation of the Japan Maritime Self-Defense Force, Swedish Navy and the defense company, Saab. Vice Adm. Joseph Aucoin, who commands the U.S.
NYK and Astomos Conclude Time-charter Contract for 12th VLGC
Nippon Yusen Kaisha (NYK) concluded a time-charter contract for a new VLGC (very large gas carrier) with Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company. The new VLGC will be built by Mitsubishi Heavy Industries Shipbuilding Co. Ltd. and delivered in the fourth quarter of 2018. After delivery, the ship will be assigned to a service designated in a five-year time-charter contract, and NYK and Astomos will then have 12 VLGCs in operation under time-charter contracts.
Women in Defence Conference Address Gender Diversity
The 3rd annual Chief of Defence Force Women in Defence conference in Canberra has reaffirmed Defence's ongoing commitment to improve gender diversity across the organisation. Themed ‘Our People and Capability’, the two day conference brought together leaders from across Defence and other Government agencies, allied militaries and Defence industry to share best-practice policies, challenge myths and build networks. Speaking to the conference via video link, the Chief of the Defence Force…
NYK's First RORO Terminal in S. Arabia
NYK signed a joint-venture agreement with Ports Development Company (PDC)* to establish NYK’s first exclusive RORO terminal operating company at King Abdullah port (KAP)** on the Red Sea coast of Saudi Arabia. This terminal named KAP RORO Terminal, which is the first exclusive RORO terminal in Saudi Arabia, is planned to commence full operations by 3rd quarter 2016. The joint venture will be the first automotive logistics base for the NYK Group in the Middle East. King Abdullah port is a private port which is owned and developed by PDC, which opened a container terminal there in 2014.
NYK Hosts Safety Conference
Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. This conference is held every year as part of the “Remember Naka-no-Se” safety campaign, which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations. This year, a total of 180 participants from 79 companies gathered at the conference.
Renewables Consulting Group Adds 2 Execs
Two executives from the renewables industry have been appointed by The Renewables Consulting Group (RCG) to oversee the firm’s day-to-day business, develop its global growth strategy and direct short- and long-term planning for the company. Sebastian Chivers has taken up the role of chief executive officer, and Dr. Lee Clarke as chief operating officer. The duo brings deep industry expertise, particularly in the areas of strategy and management, and together will spearhead the delivery of new, top-tier and cost-effective solutions for the consultancy’s clients, the group said.
First of 20 New Ships Delivered to Intermarine
Transporter of project, breakbulk and heavy lift cargoes, Intermarine, LLC, has begun “Fleet of the Future” deliveries with the addition and maiden voyage of the newbuild Industrial Grand. The 20,000 DWT, 545 foot multipurpose vessel Industrial Grand features three cranes with a combined lifting capacity of up to 900 metric tons. It is the first of 20 new eco-friendly lifters that will join Intermarine’s core fleet during the next 30 months. The vessel will travel from Shanghai, China, to the U.S. Gulf Coast to deliver a large and complex petrochemical processing tower.