HAPHAZARD

Open Ocean Launches Maritime Security Program

Aboard the HQS Wellington in London yesterday, Chenega UK Ltd. launched its fully integrated maritime security system to combat piracy and provide the ship owning community with a holistic, single point of contact security program to mitigate the risk of piracy.   The system was received with excitement by the shipowners, managers, insurers, flag states and others engaged in transporting more than 90% of the world's goods, as "currently, it is the maritime industry itself that is being held hostage", stated an Open Ocean representative.   The shortfalls currently facing the maritime industry include navigation, hardening of ships and loosely organized security teams. "Despite quantities of open source information being available owners and navigation teams appear to occasionally make some very odd decisions including sailing significant additional distances without adding to safety," observed Open Ocean's Mike Powell, formerly Head of Tanker Operations for ST Shipping & Transport as well as Global Head of Vessel Operations for BP. "At best failing to use information and intelligence intelligently burns vast amounts of additional fuel and adds time costs unnecessarily, at worst, it can put ships and seafarers at risk."   Chenega UK Managing Director Murray Hammick added "The shipping world has had to deal in a piecemeal fashion with the realities of piracy and related crimes against their seafarers and ships with

Shipbuilders Multitask To Gain Experience, Stay Competitive

Worldwide, the road to success in the ship and boatbuilding market is literally paved with companies that have gone belly up, been acquired or are currently hanging by a literal thread. Many factors - from too many booms and busts, to foreign shipbuilding subsidies, to political power plays - have conspired to make the business of building boats and ships increasingly difficult. But in the end analysis, the process of building vessels remains an industrialized manufacturing process

Shipyards Multitask to Gain Experience

Worldwide, the road to success in the ship and boatbuilding market is literally paved with companies that have gone belly up, been acquired or are currently hanging by a literal thread. Many factors -- from too many booms and busts, to foreign shipbuilding subsidies, to political power plays - have conspired to make the business of building boats and ships increasingly difficult. But in the end analysis, the process of building vessels remains an industrialized manufacturing process