ABS Opens New Headquarters
Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.“This is a significant milestone in our 157-year history and reaffirms our commitment to provide industry-leading safety and practical technology solutions for marine and offshore industry challenges,” said ABS Chairman, President and CEO, Christopher J. Wiernicki.“A five-year journey that started as an idea has now culminated in a building reflecting our leadership position and our continued vision for growth.
Marco Ryan Plots a Digital, Connected Course for Wärtsilä
When talk turns to the digital revolution sweeping through the maritime industry, one need look no further than Wärtsilä, which has evolved from a shipbuilding company to an engine manufacturer, and is now embarked on a historic digital transformation led by Marco Ryan, Chief Digital Officer & EVP. We met with Ryan recently in Hamburg, Germany, to discuss the path and pace forward.To start, please lay out the scope of your responsibilities.At a high-level my job is to architect and deliver the transformation (of Wärtsilä) to a smart technology company.
Zaitoun Green Shipping Forms Consortium for New Maritime Model
Dubai based Zaitoun Green Shipping has initiated, together with world leading companies in smart technology and solutions, a consortium to collaborate on radically improving performance of container ships and forming a new business model for this market.The consortium consists of the top international industry key players such as MacGregor, Mitsubishi Heavy Industries Marine Machinery & Equipment, Wärtsilä, Winterthur Gas & Diesel Ltd, Gaztransport & Technigaz (GTT), WIN GD, CargoTech and Carinafour.
Piloting Shipping’s Fourth Industrial Revolution
Vessels today have the capability to gather information and data from a wide variety of sources. This data can inform the crew about the impact of acceleration on the hull, provide updates on lubrication use during slow steaming, and use dynamic positioning to automatically maintain a vessel’s position and heading - among many other things. So while shipping might consider itself a conservative industry, there’s nothing old-fashioned about the technology that’s driving its progress today.For a long time the core industry drivers for the adoption of new…
Owners Demanding More Bandwidth but Paying the Same
Demand for higher bandwidth is on the rise in the shipping industry as owners and managers position themselves to meet the opportunities posed by improved digitalization, according to World-Link Communications.Asad Salameh, World-Link President, said that while shipowners saw digitization as essential in increasing the value of their asset, ship managers were turning to smart technology to help them manage their fleets more effectively and more efficiently.“The trend in the industry is definitely for higher bandwidth.
DP World to Develop Kazakhstan's Special Economic Zones
Dubai Ports (DP) World, the global port operator of the United Arab Emirates (UAE), and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos. DP World has been providing management services to the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea, and Khorgos SEZ, which is strategically situated on the China-Kazakhstan border and has been acting as the primary transit point for trans-Eurasian cargo trains for more than four years.
Mitsubishi, Wärtsilä Joins for Improved Power and Propulsion Solution
Mitsubishi Heavy Industries Marine Machinery & Equipment Co., LTD (MHI-MME) and the smart technology group Wärtsilä have signed a Memorandum of Understanding (MOU) regarding the commercial marketing of a new energy solution for ships. The solution combines innovative technologies from both companies to produce greater power generation capacity and higher propeller propulsion for marine vessels. By integrating MHI-MME's waste heat recovery and energy saving power generation system (WHRS) with Wärtsilä's operational control technology for shaft generator systems…
Palau Announces Fleet Increase
The Palau International Ship Registry has recently seen a strong increase in its fleet size as more shipowners and operators look to become a part of the new breed of smart registries. As the Palau flag starts appearing on more vessels the appeal of a registry based on technology and detailed attention to service becomes more important to world shipping. At the end of September 2017 the Palau flag fleet stands at 380 ships with 3,000,000 gross tonnage. The main Palau fleet now comprises 27% general cargo and 20% tankers…
First Marine Type Approval for Cyber Enabled Components
As the marine industry moves towards the incorporation of digital, connected solutions onboard ships, Lloyd’s Register (LR) released Type Approval Requirements for components within Cyber Enabled Systems on board Ships. According to LR, introduction of this type approval procedure is important, as it defines a critical point in the evolution of smart technology implementation within the marine and offshore industry – delivering an assurance system that provides confidence in the market for the supply of cyber enabled components.
DP World Opens Logistics Center in Peru
DP World has opened the first smart logistics centre in Lurin, Peru connected through optical fibres to its terminal at Callao Port, near the capital Lima. The centre will deliver information to the port and customs enabling customers to manage the movement of their cargo using their own electronic devices and smartphones. The inauguration ceremony for the centre was attended by Fiorella Moulinilli, the Peruvian Deputy Transport Minister, Jose Arakaki Nakamine, Mayor of Lima, DP World Group Chairman and CEO Sultan Ahmed bin Sulayem…
DP World Chairman Meets President of Kazakhstan
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with the President of Kazakhstan, Nursultan Nazarbayev, at the St Petersburg International Economic Forum (SPIEF) this week to enhance the co-operation between DP World and Kazakhstan. The meeting was focused on opportunities to expand on DP World's exciting participation in the development of the Khorgos Eastern Gate Special Economic Zone and the Port of Aktau. President Nazarbayev noted that DP World was a leader in…
DP World at China’s Belt & Road Summit
Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential. Speaking on a panel entitled ‘Enhancing cross-sector connectivity along the Belt and Road’ he stressed the impact on global trade that economic cooperation can bring, with more than 60 countries involved in the One Belt One Road (OBOR) initiative.
HHI Shows Smarter Way to Shipbuilding at KOMARINE 2015
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading integrated heavy industries company, announced today it teams up with its shipbuilding affiliates, Hyundai Mipo Dockyard (HMD) and Hyundai Samho Heavy Industries (HSHI), to participate in KOMARINE 2015, a major maritime international exhibition from October 20 to 23 at Hall 3, Booth 3F05, BEXCO, Busan in South Korea. In the biennial event where about 1,200 companies from 40 countries are expected to participate…
Can the Green Approach to Shipping be Profitable?
In recent times, growing concern about the state of the world’s oceans and the impact that shipping has on quality of the air has led to ever more legislation on emissions. As such, the Institute of Marine Engineering, Science and Technology (IMarEST) and Colfax Fluid Handling, a developer of pumps, systems and smart technology solutions for the marine industry, are working together to investigate perceptions of the ‘Green Agenda’ and whether shipping companies can benefit from investing in green initiatives.
Colfax Names Bramstång Sales Director
Colfax Fluid Handling, a business of Colfax Corporation and company in fluid-handling solutions for critical applications, has named Carl-Henrik Bramstång Sales Director, Shipowner Sales. His new role will include the sales efforts for the company’s latest technology breakthrough, the Smart Technology CM-1000 Series, an intelligent controller for sea water cooling systems. Bramstång is a seasoned sales professional with almost 30 years of experience, including 22 years in various sales positions of increasing responsibility with Colfax Fluid Handling.
Tech Profile: Colfax CM-1000
As ship owners scrupulously search for means to cut costs by saving energy, Colfax offers the CM-1000 Series, a smart technology which helps to monitor and control sea water cooling system pumps. It can help to save more money than you think. Colfax introduced earlier this year the CM-1000 Series, a smart technology designed to help monitor and control sea water cooling system pumps in a manner that senses water temperature and speed to optimize the pump use. Savings for the shipowner come not only via fuel used to power the pumps (in some cases…