Artificial Intelligence News

09 Jan 2020

SHIPSWEB Tech for Auxiliary Engine Control

A representation of the keyword network graph tool in ShipsWeb (Photo: Yanmar Engineering)

Yanmar Engineering announced the deployment of SHIPSWEB, a tool for management of auxiliary engines on ocean-going vessels. SHIPSWEB incorporates elements of artificial intelligence and advanced information and communications technology (ICT) to efficiently manage the operation of large auxiliary diesel engines.SHIPSWEB has the capacity to extract data in a variety of formats so that on-board performance management data and parts wear measurements, whether in various electronic formats or uploaded to the system from written records‚Ķ

06 Jan 2020

Signal, Heidmar Join Forces on Tanker Fleet

Image: Heidmar

Greek commercial ship management company Signal Maritime Services and tanker vessel trader Heidmar join forces to deliver commercial management to the global tanker market.Both companies have agreed a milestone partnership, under which Signal will manage a joint tanker fleet using its proprietary technology and analytical approach, said a press release.Signal’s Artificial-Intelligence-backed solution to pool management has consistently delivered superior earnings to its pool members…

25 Dec 2019

MOL Develops Engine Diagnosis Application

Image: Mitsui O.S.K. Lines, Ltd.

Japan's largest carriers of containerized and other cargo Mitsui O.S.K. Lines (MOL) announced an agreement for joint development of the next-generation engine failure sign diagnosis application, in partnership with ClassNK Consulting Service, IHI Power Systems, and Mitsui E&S Machinery.The four companies are looking to develop the application by fusing ClassNK's "CMAXS LC-A/e-GICSX"(CMAXS) and MOL's FOCUS "Fleet Optimal Control Unified System", which is intended to enhance safe…

23 Dec 2019

Maersk Outlines Year in Review, Outlook

Steve Felder (Photo: Maersk)

Steve Felder, Managing Director, Maersk South Asia has outlined the developments in 2019 and what we can expect in 2020:“While the global container demand was lower in 2019 due to weaker growth in the global economy, India witnessed a broad-based slowdown in its import export trade as well after a growth of several years. This is aligned closely with the weaker domestic demand, tight liquidity and working capital as well as a reflection of the overall cyclical weakening of the economic environment in all the main global economies.

04 Dec 2019

OceanPro Accelerates Tech Innovation

Image: Maersk

OceanPro by Maersk, the first of its kind startup accelerator within the shipping and logistics industry, announced the graduation of its second cohort of start-ups showcasing the artificial intelligence (AI), machine learning (ML) led solutions developed by them over the last 120 days.The India-focused company of the Danish shipping giant also unveiled the start-ups that form a part of the third cohort as a continuation of its efforts to drive industry-wide digital transformation…

03 Dec 2019

10 Tech Trends to Impact Shipping Industry

Technology Outlook 2030 (stills from video). Image: DNV GL

A new report has identified the ten technology trends, and their associated risks, that will shape industry and society in the coming decade.The rapid advancement of digitalization is behind many of the trends, profoundly challenging our personal and societal assumptions, according to DNV GL, the global risk management and quality assurance company.The report 'Technology Outlook 2030' said that the relationship between humans and technology is switching, with humans increasingly augmenting the decisions of artificial intelligence…

21 Nov 2019

Naval Group Opens R&D Center in Singapore

Photo courtesy of Naval Group

Naval Group launched an R&D center in Singapore for strategic naval defense research topics.This international collaborative platform of exchanges located in Singapore will respond to a triple objective: boost innovation in new strategic domains such as Big Data and Artificial Intelligence, create a supply of innovative technologies for the regional market as well as supporting the joint effort led by both Singapore and France regarding R&D investments.With this center, Naval…

21 Nov 2019

Taking CBM to the ‚ÄėNext Level‚Äô

The Wärtsilä Expert Insight digital product uses AI and advanced diagnostics to relay data to the customer.

As ship owners increasingly use data to schedule ship equipment maintenance, evolving from a calendar-based to a condition-based maintenance (CBM) regimen, Wärtsilä launches its Expert Insight predictive maintenance product, a digital product designed to enable customer support to be delivered proactively by Wärtsilä Expertise Centers to ensure long-term accurate insight for their predictive maintenance strategies. The product is available in combination with a Wärtsilä Lifecycle‚Ķ

18 Nov 2019

CargoSmart Intros Connected Reefer Solution

Pic: CargoSmart

CargoSmart, the provider of global shipment management software solutions, announced its brand-new CargoSmart Connected Reefer Solution, a one-stop reefer cargo management solution for ocean carriers and shippers.The AI and IoT-enabled solution features end-to-end information transparency, including enhanced reefer container Pre-Trip Inspection (PTI) support, real-time container status monitoring updates, and predictive cargo arrival status. It allows carriers to offer best-in-class performance to shippers with lowered operating costs.

12 Nov 2019

G42, ADNOC JV for AI in Oil and Gas

Photo: G42

With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC)  has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The JV will be tasked with developing and commercializing market-leading AI products for the energy sector.The agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) by Omar Suwaina Al Suwaidi, Director, Executive Office Directorate, ADNOC, and Peng Xiao, CEO of G42.

22 Oct 2019

ORCA Hub Readies Drones for Offshore Energy

 Image: Heriot-Watt University

A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its research collaboration.The largest academic center in the world for research into robotics technology for offshore energy infrastructure, the ORCA Hub’s aim is to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets.Creating solutions to some of the most challenging…

21 Oct 2019

Oil Market to Depend on AI to Fix Downtime

Graph: Rystad Energy

Unplanned outages are on the rise globally from both equipment failures and damages. Smaller operators do not have the excess capital to conduct the same level of planned outages.As traditional methods of predicting equipment failure can be unreliable in a dynamic operating environment, they can be hesitant to sanction significant shutdown work unless it is absolutely necessary."Thus, they are forced to ride out operational uncertainty and have unfortunately seen unplanned outages increase…

22 Oct 2019

Gibbs & Cox: Historic Ship Designer Turns 90

The SS United States. Photo: Gibbs & Cox

Hindsight, they say is 20/20, and in this regard renowned design house Gibbs & Cox has nine decades in the rear view mirror on which to lean. We recently caught up with Chris Deegan, President and CEO of Gibbs & Cox, celebrating its 90th anniversary in 2019, to discuss the organization’s rich history and promising future.When you took the top spot at Gibbs & Cox in 2016, what were your goals for the organization?As a company that designs everything from yachts to work boats to destroyers, I wanted to reassert G&C as the global leader in the naval architecture and marine engineering industry.

08 Oct 2019

China Launches Unmanned Ship Design Center

Xiangshan Marine Scientific & Technological Port. Photo courtesy: CE.cn

China has built its first research and development test base for autonomous ships in the southern coastal city of Zhuhai next to Macao, state-owned newspaper Economic Daily reported.The test base named Xiangshan Marine Scientific & Technological Port is located in Zhuhai, Guangdong province. It will create an innovation platform for the design, research and testing of unmanned marine systems and intelligent equipment.The base will help develop the industrial chain of unmanned…

07 Oct 2019

K Line to Promote AI in Shipping Industry

Pic: ‚ÄúK‚ÄĚ Line

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has partnered with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology and Marubeni Corporation to jointly work on research and analysis of maritime logistics and shipping market conditions using artificial intelligence (AI).In recent years, it has become possible to use comprehensive, chronologically ordered ship movement and static data, such as position (coordinate information), speed, direction, port of call and drafts, for ships with over 300 gross tonnage traveling internationally.

27 Sep 2019

Enhanced Vessel Tracking via Oceans X

www.oceansx.com

Oceans X is a new web-based platform that allows a wide variety of users such as port agents, bunkers suppliers, port chandlers, port authorities, banks and others to track and monitor tankers and dry cargo vessels globally and in real-time. Oceans X’s vessel monitoring technology uses a combination of automatic identification system (AIS), artificial intelligence (AI) and predictive data analytics to add value for the user.For example, sing Ocean X’s Distance tool feature, which is available to all users for free…

24 Sep 2019

India's Containerized Trade Growth Slows

Image:  A.P. Moller ‚Äď Maersk

India's container trade growth slowed to 1 percent (9% in the same period last year) in Q2 2019 on account of various factors like growing trade tensions and slump in manufacturing sector, Maersk said."The slow down is due to a cocktail of international factors such as slowing trade growth, and growing trade tensions ‚Äď coupled with domestic factors like rural consumer distress, tightening liquidity and a slow-down in key manufacturing sectors. Combined, these triggers impacted the country‚Äôs economic activity‚Ķ

20 Sep 2019

Navis Survey Acclaims AI

Pic: Navis

Global container terminals are expected to embrace automated decision making powered by artificial intelligence (AI) as they pursue ways to improve operational consistencies and enhance equipment utilization.According to  TechValidate customer survey by Navis, 88% of respondents indicated that automated decision making will be very if not extremely important for the future of innovation at terminals.Further, 83% plan to increase their AI investments over the next one-to-three years‚Ķ

18 Sep 2019

ABS, SHI Sign Digital Technology JDP

Photo: ABS

ABS and Samsung Heavy Industries (SHI) are to collaborate on the use of digital technologies to streamline designing, building, and classing assets in a joint development project (JDP) signed at Gastech 2019.The JDP encompasses 3D digital disclosure, data exchange, and the use of analytics to support the new construction process and pilot the survey of the future.The JDP is focused on three areas:‚ÄĘPiloting 3D Model Based Plan review‚ÄĘDeveloping a utility to import data from the‚Ķ

17 Sep 2019

TGS, Quantico Join for AI Seismic Inversion

Image: TGS

TGS and Quantico Energy Solutions announced a technology collaboration to leverage their respective offerings in seismic data, AI-based well logs, and artificial intelligence (AI)-based seismic inversion.TGS is a provider of multi-client geoscience and engineering data for exploration & production (E&P) companies. Quantico is a AI company focused on subsurface solutions for E&P companies.The joint solution addresses the critical challenges in earth modeling workflows; specifically…

13 Sep 2019

Genting Cuts Steel for Dream Cruises at Werften

Genting Hong Kong’s Chairman and CEO Tan Sri Lim Kok Thay (left) and the Minister for Economic Affairs of Mecklenburg-Western Pomerania, Mr. Harry Glawe posed with a steel cut of Mecklenburg-Western Pomerania for Dream Cruises’ second Global Class ship. Photo: Genting

Cruise operator Genting Hong Kong (GHK) said that its unit Dream Cruises has launched the construction of the second Global Class cruise ship at German shipbuilder MV Werften  in Rostock-Warnemünde.‚ÄúProduction of Dream Cruises‚Äô second Global Class ship commenced at MV Werften in Rostock-Warnemünde today, almost exactly a year after the keel laying of the flagship of the series," said Genting Hong Kong‚Äôs Chairman and CEO Tan Sri Lim Kok Thay while initiating at the press of a button the first steel cutting for the 342m long‚Ķ

13 Sep 2019

AI & Machine Learning, Possible Force Multipliers for the Coast Guard

© immimagery/Adobe Stock

Artificial intelligence (AI) and machine learning (ML): mention these two terms and the listener may instantly think of the ads displayed as you view your favorite online news site. This is one version of what AI/ML might be. Given the state of AI and ML research today, these advanced mathematical techniques represent something the U.S. Coast Guard should explore for mission application. To do this, common definitions need to be created, challenges understood, and practical use…

13 Sep 2019

MOL Tests FOCUS EYE Project

Sample display image from the vessel recognition/recording system. Photo: MOL

Japanese shipping giant Mitsui O.S.K. Lines announced the joint development, along with SenseTime Japan, of a new vessel image recognition and recording system, and the system’s installation for demonstration testing aboard the cruise ship "Nippon Maru" operated by Mitsui O.S.K. Passenger Line.The system’s graphic recognition engine was developed by incorporating MOL’s knowledge and applying artificial intelligence (AI) deep learning technology, allowing it to recognize surrounding…

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