Digital Technologies News

14 Feb 2019

Inmarsat in IoT Start-Up Initiative

Pic: Inmarsat maritime safety in action

The provider of global mobile satellite communications Inmarsat has joined forces with two start-up programmes including Rainmaking’s Trade and Transport Impact (T&TI) and Bluetech Accelerator.The purpose is to create initiatives that directly support start-ups focused on IoT and big data innovation for improved safety, efficiency and sustainability in the maritime, ports and logistics supply chain.The programmes will fund, support and mentor start-up’s developing applications that aim to harness the power of IoT and big data to enhance safety, efficiency and sustainability.

17 Jan 2019

ABS, Fleet Management Join Force on Cybersecurity

Pic: Fleet Management Limited

Global provider of classification and technical advisory services to the marine and offshore industries ABS Advanced Solutions and Hong Kong-headquartered Fleet Management Limited signed an agreement to implement the ABS industry-leading cyber security solution for Fleet Management’s 220-vessel liquid cargo fleet.“Fleet Management Limited is one of the world’s leading ship management firms, and their decision to select the ABS FCI Cyber Risk model underlines its position as an industry leader…

11 Jan 2019

Oil and Gas Digital Investment Set to Surge

Digital Oil and Gas. Pic: Cisco

Global oil and gas executives are preparing to accelerate their investment in digital technologies, primarily as they seek to double down on their cost-saving ambitions.An EY survey of 100 global oil and gas executives found that 89 percent expect to step up their investment in digital over the next two years.Despite oil prices reaching more attractive levels during the third quarter of 2018, operational efficiency remains a top priority owing to a legacy of falling prices in…

13 Dec 2018

Seacat Services Digitizes Its Fleet

(Photo: Seacat Services)

U.K.-based offshore energy support vessel (OESV) operator Seacat Services has installed advanced remote monitoring systems across its fleet in an effort to glean a new level of insight into the operational performance of its vessels.‘Digitalization’ of operational practices, coupling remote data collection with advanced monitoring, is gaining pace as offshore wind firms throughout the supply chain aim to keep tabs on the performance of project critical infrastructure, optimize O&M and construction procedures…

15 Nov 2018

MENA Region to Lead Global Oil and Gas for Decades to Come: DNV GL

(L-R) Ben Oudman, Regional Manager, Central Europe, Middle East and India, DNV GL - Oil & Gas and Jan Zschommler, Manager, Middle East, DNV GL - Oil & Gas. Pics: DNV GL

The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century according to DNV GL’s 2018 Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050.The report says, the Middle East and North Africa (MENA) region will remain the main global supplier of oil and gas for decades to come."Among its forecasts for 10 global regions, DNV GL’s Outlook sees the MENA region accounting for most onshore conventional gas production in the lead-up to 2050…

08 Nov 2018

V.Group Showcases Seafarer App, Manila Training Facilities

Photo: V.Group

V.Group, a leading provider of marine support services, has announced that it will unveil a new app for seafarers as well as an upgraded training center in Manila as progress accelerates on Project Embark, a program designed to transform the way the leading supplier of independent ship management and related marine services handles crewing for its pool of 44,000 seafarers.The app will enhance the seafarers’ experience, while enabling V.Group to utilize regularly updated seafarer data to improve crewing performance and assist in planning.

06 Nov 2018

Global Shipping Business Network on Blockchain Platform Launched

Shipping industry executives initiate blockchain consortium at a signing ceremony. Photo: CargoSmart Ltd.

Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology.According to a statement, the participants include COSCO Shipping Lines, CMA CGM, Evergreen Marine, OOCL, Yang Ming, DP World, Hutchison Ports, PSA International and Shanghai International Port, as well as software…

24 Oct 2018

UK Shipping Tech to be Worth USD 16.5 bln by 2030

Pic: Public Group International Ltd

UK shipping technology sector will grow to become a GBP 12.8 billion (USD 16.5 bln ) market by 2030 from the current level of  GBP 3.7 billion, revealed a study.A new report commissioned by UK venture fund and think-tank PUBLIC estimated the growth will be fuelled largely by digitalisation of the industry, with technologies such as big data, blockchain, and artificial intelligence creating a new market for digitally enabled maritime services.For the purposes of this report,  shipping…

17 Oct 2018

The USCG RDC & Electronic Aids To Navigation

© Rob Bouwman/Adobe Stock

To recreational boaters, Aids to Navigation (ATON) are the familiar red and green buoys (and day markers) that line our inland waterways. What they might not be aware of is that buoys have been around since the days of the Roman and Egyptian empires. In the decades following the creation of our country, buoys in every shape and color began appearing in our waterways. It wasn’t until 1850 that Congress harmonized their deployment, thereby encouraging the familiar “Red, Right, Returning” mantra.

15 Oct 2018

ABS China Looks Ahead to 2030

Photo: ABS

The annual ABS Joint China and Hong Kong Committee gathered Industry leaders to discuss global challenges facing the maritime sector. The group heard strategies to meet the IMO 2020 Sulfur Cap, as well as a look ahead to 2030, when vessel data will play a significant role in compliance management.“ABS has become the classification organization of choice for the Chinese shipbuilding and shipping industry, with a long track-record of working closely together on innovative projects in both marine and offshore.

16 Oct 2018

MSC, TRAXENS Pact for Smart Containers

Pic: MSC Mediterranean Shipping Company S.A.

The container shipping and logistics giant MSC Mediterranean Shipping Company is increasingly introducing smart container solutions for customers at many locations around the world, using IoT solutions developed by its partner TRAXENS.MSC is committed to equipping 50,000 dry cargo containers in the coming months to meet the growing demand from shippers for TRAXENS solutions, said a press release from the company."MSC’s partnership with TRAXENS will enhance supply chain management for shippers through unprecedented visibility of dry cargo flow from door-to-door…

14 Oct 2018

Abu Dhabi Ports, Etisalat Annouce Partnership

Photo: Abu Dhabi Ports

Abu Dhabi Ports and Emirates Telecommunication Group Company(Etisalat) have signed a memorandum of understanding (MoU) focused on advancing technological capabilities and business opportunities in support of Abu Dhabi Economic Vision 2030.The partnership focuses on building shared electronic projects and networks, exchanging knowledge, simplifying procedures, securing fixed and wireless telecommunications coverage, and managing operational risk.Etisalat will also help Abu Dhabi Ports to adapt to the latest telecommunications technologies, business models, and customer behaviours.

03 Oct 2018

ABS North American Committee Look Ahead to 2030

Photo: ABS

Industry leaders from across North America met to discuss global challenges facing the maritime sector at the annual ABS North American Regional Committee.The group heard strategies to meet the IMO’s 2020 Sulfur Cap, as well as a look ahead to 2030 when vessel data will play a significant role in compliance management.“Thanks to our deep links with industry across North America, ABS continues to leverage technology to develop new ways of supporting our partners and members. As the leading classification organization in North America…

09 Sep 2018

Global Oil Demand to Peak in 2023

Liv A. Hovem, CEO, DNV GL – Oil & Gas. Photo: DNV GL

While DNV GL’s model predicts global oil demand to peak in 2023, demand for gas will continue to rise until 2034. New resources will be required long after these dates to continue replacing depleting reserves. DNV GL’s 2018  Energy Transition Outlook, an independent forecast of the world energy mix in the lead-up to 2050, predicts global upstream gas capital expenditure to grow from USD960 billion (bn) in 2015, to a peak of USD1.13 trillion in 2025. Upstream gas operating expenditure is set to rise from USD448 bn in 2015 to USD582 bn in 2035…

05 Sep 2018

ABB Rolls Out Next-generation DP System

(Image: ABB)

ABB said its new dynamic positioning (DP) system unveiled at the maritime trade fair SMM sets out to simplify ship maneuvering, enable safer, more efficient ship operations and even help to pave the way toward autonomous shipping.With its user-centric design and intuitive touchscreen-based user interface, ABB Ability Marine Pilot Control reduces the workload on automating navigational tasks and allows bridge officers to focus holistically on the overall control and positioning of the ship, ABB explained.

04 Sep 2018

DNV GL Rolls-out Digital Hub in Singapore

Photo: DNV GL

DNV GL has launched a digital hub in Singapore as part of the transformation of the oil and gas, maritime and energy industries toward digitalization, including increased cyber security and smart infrastructure.The new Singapore hub is called Digital Consulting and Smart Cities, and will include three teams covering smart cities, cyber security and digital development – including support for DNV GL’s open industry platform Veracity.The digital hub, part of DNV GL – Digital Solutions…

15 May 2018

DNV GL Invests in Public Blockchain Service Provider VeChain

Photo: DNV GL

DNV GL, the risk management and quality assurance company, has bought a stake in leading public blockchain service provider VeChain as it looks to use the technology to develop new digital assurance solutions. The acquisition builds on the strong relationship between the two firms and follows the recent launch of My Story, a blockchain enabled digital assurance product which gives a new level of insight into supplier and product information. DNV GL took the step to buy the minority stake as it recognises the growth potential in both the VeChain and the technology it is advancing.

19 Jun 2018

Shipping Must Embrace Digital Technologies -Marine Money Panel

From left: Frank Coles, President, Transas Group, Wärtsilä Voyage Solutions; Scott G. Borgerson, Ph.D., CEO, CargoMetrics Technologies LLC; and Søren Meyer, Chief Strategy Officer, Maersk Tankers (Photo: Greg Trauthwein)

“To be a top performer, you must embrace technology,” said Søren Meyer, Chief Strategy Officer, Maersk Tankers, speaking at the Marine Money Week conference in New York on Tuesday.Meyer was referring to the industry-wide digitalization evolution currently underway in the tanker shipping sector, as part of a panel discussion with Frank Coles, President, Transas Group, Wartsila Voyage Solutions; and Scott G. Borgerson, Ph.D., CEO, CargoMetrics Technologies LLC.Digitalization has…

08 Aug 2018

Maritime Thought Leadership: Christopher J. Wiernicki, ABS

Christopher J. Wiernicki, Chairman, President and CEO, ABS. (Photo: ABS)

The maritime industry has been challenged, to say the least. Today, where do you see challenge? Where do you see opportunity?It’s clear our business environment continues to change and we have a new definition of what normal means: nothing is normal. We are in era of rapid, disruptive and impactful change.The coming years will bring further turbulence, shaking out our industry and setting the course for the next 20 years and beyond. Market cycles will continue to evolve and will be impacted differently than they are today.For example…

13 Aug 2018

Port of Antwerp Tests Autonomous Sounding Boat

Photo:  Port of Antwerp Video

Port of Antwerp has reached a new milestone with the introduction of a fully automatic sounding boat that employs unique technology. The vessel, named the Echodrone, is a prototype that is currently being developed to supplement the other operational sounding boat, the Echo.Both of these carry out measurements of the water depth everywhere in the port so as to guarantee safe passage for shipping. The cloud-based technology – a first – has been developed in partnership between…

28 Aug 2018

Port of Antwerp Introduces Fully Automatic Sounding Boat

Photo: Antwerp Port Authority

Port of Antwerp reached a new milestone with the introduction of a fully automatic sounding boat that employs unique technology. The vessel, named the Echodrone, is a prototype that is currently being developed to supplement the other operational sounding boat, the Echo.Both of these carry out measurements of the water depth everywhere in the port so as to guarantee safe passage for shipping. The cloud-based technology – a first – has been developed in partnership between the…

08 Jun 2018

CMA CGM Looks to Leverage Artificial Intelligence

(Photo: Eric Haun)

French shipping group CMA CGM said it has been working with a San Francisco-based startup on a project to embed artificial intelligence and advanced digital technologies aboard its containerships.The collaboration kicked off in the beginning of 2018 and includes the maritime focused tech startup Shone, which was founded by three French engineers in 2017 to introduce artificial intelligence such as is already found in cars on board ships.Through the partnership, Shone has gained…

01 May 2018

Oil and Gas Industry Looks to Digitalization

Liv A. Hovem, CEO, DNV GL – Oil & Gas. Photo: DNV GL

New research from DNV GL, the technical advisor to the oil and gas industry, reveals that 46% of senior professionals in the sector believe there has been underinvestment in inspection and maintenance of infrastructure and equipment in recent years. Just a quarter (28%) said that they expect to increase spending on safety in 2018. 61% will maintain current budgets and 5% plan to cut investment. The findings appear in The State of Safety, a special report from DNV GL’s research on the outlook for the oil and gas industry in 2018.

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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