Wärtsilä: Turning Raw Data into Meaningful Insight
Capitalizing on big data is a hot topic within the marine industry, and skilled data scientists are one of the most sought after professionals in the job market. Hardcore data analysis knowledge materializes at expertise centers, where hundreds of ships sailing on the seas of the world are tracked, monitored and supported. Big data combined with analytics and human expertise results in optimized ship lifecycle efficiency – and better performance for marine industry players.
Germany Awards $2.4 Bln Naval Shipbuilding Contract
The German defence procurement agency said on Tuesday it has awarded a contract valued at nearly 2 billion euros ($2.4 billion) to a consortium of shipbuilders led…
Hong Kong and UK Strengthen Maritime Ties
Representatives of the British and Hong Kong maritime business sectors have agreed to forge a closer working relationship. Under the terms of a new Memorandum of Understanding, Maritime London and the Hong Kong Maritime & Port Board (HKMPB) will cooperate in a range of areas including promotional activity, training and sharing of best practice for maritime business services. The agreement was signed in London during London International Shipping Week by Chan Fan…
Sentinel Marine’s New Rescue Vessel Christened
Sentinel Marine’s latest new-build emergency response and rescue vessel (ERRV) has been deployed to service in the North Sea after being christened at Aberdeen Harbor. The new vessel, Mariner Sentinel, is operating on behalf of Statoil at its Mariner field to the east of Shetland – the sixth of nine vessels to join the firm’s fleet since 2015. Statoil’s Aberdeen-based offshore logistics and services supervisor…
New Orleans' Big Plans Showing Dividends
A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers. Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years, across multiple business sectors. For example, in April 2016, NOLA’s Board dedicated a $25 million Mississippi River intermodal terminal, capable of handling 160,000 twenty-foot-equivalent (TEU) units per year by rail.
Giaever to Take Over as CFO at NAT, NAO
Bjorn Giaever will take up his position as the new chief financial officer (CFO) at Nordic American Tankers Limited (NAT) and Nordic American Offshore Ltd. (NAO) from October 16, 2017.
Great Lakes Limestone Trade Rose in August
Shipments of limestone on the Great Lakes totaled 3,991,471 tons in August, an increase of 18.6 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. August’s loadings were also nearly 12 percent ahead of the month’s five-year average. LCA said loadings from U.S. quarries totaled 3,358,064 tons, an increase of 21.4 percent compared to a year ago, while shipments from Canadian quarries totaled 633,407 tons, a slight increase over a year ago.
Man Overboard Prevention and Recovery
More than 80 maritime professionals attended two one-day events focused on the sub IMO / sub 80-ft. sector in Southampton, U.K. this Spring. The Man Overboard Prevention & Recovery Workshop brought together an international group of experts armed with the latest knowledge to identify problems that affect the maritime sector worldwide. Workshop lead John Haynes opened the day saying said, “Expectations, requirements and capabilities are changing for many maritime organizations.
Keeping a Tight Lid on Tier III & Sealing Solutions
With more than 90 percent of global trade carried by sea, shipping is a major battleground in the reduction of emissions. Tier III is the latest emission standard pertaining to NOx emissions from marine diesel engines. Tier IV is expected to come into effect for 2020 – with engine manufacturers already seeking sealing components to future-proof engines well into the next decade. Here we explore challenges faced by diesel engine operators in the face of Tier III…
Hoegh Autoliners Denies Price-fixing Allegations
Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa. Hoegh Autoliners specializes in transporting cars, controlling 50 specialized vessels or 6-7 percent of the global fleet in this market. South Africa's Competition Commission said on Tuesday Hoegh Autoliners had been referred for prosecution on seven charges relating to collusive tendering…
ATB Tug Launched for Great Lakes Dredge and Dock
A new ATB tug for Great Lakes Dredge and Dock (GLDD), M/V Douglas B. Mackie, was launched in Mobile, Ala. The vessel is being built by Eastern Shipbuilding and is scheduled to be delivered this fall. The design for the 14-knot ATB was developed by GLDD from an Ocean Tug and Barge concept with the hull lines completely revised by MARIN, a model basin in the Netherlands. Ship Architects, Inc. (SAi) completed the functional design and subsequent Class package.
APPLY: Top 50 Marine Equipment Distributors
In addition to the East Coast, West Coast, Gulf and Great Lakes regions the Top 10 global distributors, as determined by the MR editorial staff, will be featured with a full page editorial profile. For your company to be considered for inclusion, you must apply, either online by clicking here https://distributors.maritimeequipment.com/Company or via email to firstname.lastname@example.org.
Interferry Conference to Spotlight Issues with Bottom Line Benefits
Trade association Interferry stages its 42nd annual conference in Split, Croatia, next month with an agenda highlighting the income and savings potential in three key areas – the customer experience, ship technologies and safety issues including cyber security. The event runs from October 7-11 and is on course for record attendance with some 300 delegates already registered among member and non-member operators and suppliers.
Risk Ahoy: New Game App Promotes Safety at Sea
UK P&I Club, a provider of P&I insurance and other services to the international shipping community, has launched Risk Ahoy, a new gaming app that highlights in…
OW Bunkers Investors in Legal Action Against IPO Banks
A group of 24 Danish institutional investors in OW Bunker has decided to issue a writ against Carnegie and Morgan Stanley, accusing them of misleading investors…
Baltic Index Eases From Near Three-Year High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-day winning streak on Tuesday, weighed down by weaker rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, ended down 11 points, or 0.81 percent, at 1,344 points. It had touched near three-year highs on Monday.
Thales Invests to Advance Autonomy
Thales is announcing a major commitment to develop future autonomous and unmanned technology across air and sea by investing in two new UK-based trials and training centers. Following Thales’s successful trials during the Royal Navy’s Unmanned Warrior exercise in 2016, Thales is now investing in two trials and training centres based in West Wales and in South-West England to test and develop autonomous systems for both military and civil activities.
Caterpillar Develops New Propulsion System
Caterpillar Marine, partnering with Caterpillar Innovation & Technology Development Division (ITDD), is in the process of developing a proprietary advanced propulsion system for marine applications. The Cat Marine Advanced Variable Drive (AVD) is a patented system that leverages Caterpillar’s experience with heavy duty continuously variable transmission (CVT) technology, advanced controls and power system integration knowledge.
OOIL Signs the United Nations Global Compact
Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), is delighted to announce its joining of the United Nations Global Compact (UNGC). "As a signatory, we are honored to be the first Hong Kong-based enterprise in the international transportation and logistics industry to take part in this important initiative," said a statement from OOIL.
ABS Awards AIP for HHI FLNG Hull Design
ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. ABS and HHI collaborated with the objective of developing a technically feasible and class compliant FLNG hull design, using the latest industry trends while maintaining high safety standards. The ABS AIP demonstrates the design substantially complies with Class and Regulatory requirements and minimizes risk to project schedules and safe operations…