Maritime Thought Leadership: Christopher J. Wiernicki, 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…
Keel Laid for Dream Cruises’ New 204,000 gt Ship
A keel laying ceremony for Dream Cruises’ Global-Class flagship was held at MV WERFTEN’s Rostock shipyard today.At 204,000 gross tons and with 2,500 suites and cabins, the new cruise ship designed specifically for the Asian market will be the largest ever to be built in Germany. The first section measuring 22 meters long, 26 meters wide and weighing 410 tons, about half of the full keel, marks the start of construction.Approximately 1,000 shipyard employees, partners and guests attended event.
Interview: Kitack Lim, Secretary-General, IMO
As the International Maritime Organization (IMO) celebrates its 70th anniversary, Kitack Lim, Secretary-General, sits in his London office with a sense of satisfaction that in his two plus years at the helm of IMO tremendous strides have been made toward significant greenhouse gas emission reductions, punctuated by the recent MEPC meeting where the target was set for a 50% reduction in CO2 emissions by 2050. But the Secretary- General’s sense of satisfaction is tempered with the fact that his job has just begun and his plate is full.
Alcatel Submarine Networks Bags Contract from Equinor
Digital technology developed in Norway will help improve recovery from the Johan Castberg field in the Barents Sea.Equinor has awarded Alcatel Submarine Networks a contract for permanent reservoir monitoring (PRM), which in turn has signed a letter of intent with Nexans Norway AS for delivery of subsea cable.“PRM is a central element of the digital strategy for Johan Castberg and will be an important tool in improving the Johan Castberg recovery rate,” says Johan Castberg project director Knut Gjertsen.The technology is developed in Norway…
Classifying the Future: RINA Launches Digital Ship Notation
RINA, has launched a Digital Ship Notation, now available for shipowners willing to demonstrate the added value of their ship or fleet through the efficient use of digital technology.GNV is the first company to receive the new notation, certifying 11 ships of its fleet, all equipped with a data collection system: the synergy with RINA, launched in 2012, has led to the development of the Digital Ship project on board of the GNV vessels, thanks to which an important path of fleet…
NYK Group Celebrates Successful O3 Challenge
Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018.Partners including NUS Enterprise and the Maritime and Port Authority of Singapore (MPA) were in attendance, and the solutions of the three O3 Challenge winners were introduced.The O3 Challenge, a worldwide contest aimed at creating new value through open innovation in the maritime industry…
DNV GL Rolls-out Digital Hub in Singapore
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…
V.Group Sets Out to Transform Crewing
Marine and offshore vessel management and support services provider V.Group has engaged with management consultancy Accenture to transform its approach to crew management. Named Embark, the project seeks to develop an in-house shared services model which streamlines and optimizes key processes for V.Group’s seafarers, customers and colleagues. Embark will see the introduction of new and enhanced technology to support these shared services and digitize the shipowner and seafarer experience.For customers…
Subsea 7 Signs on for FutureOn Planning Software
Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading global contractor providing engineering, construction and services to the offshore energy industry.“FieldAP brings all the data about the field into one centralized digital environment to help our customers see more about their assets from every vantage point and collaborate meaningfully, which makes it possible for them to make economically prudent planning decisions…
ABB’s Digital Technology to Improve Floatel Safety
ABB has won a contract to supply its ABB Ability Marine Advisory System – OCTOPUS marine software for one of the world’s most advanced floating hotel vessels for offshore operation.The 600-person accommodation vessel Edda Fides, operated by Edda Accommodation, will now be able to integrate real-time weather forecasts with ABB Ability Marine Advisory System – OCTOPUS, a digital solution that helps vessel owners gather and analyze data to optimize operations.OCTOPUS will provide…
Maritime's Digital Transformation & Simulation-based Training
Nearly 200 delegates from across the world gathered in Den Haag, The Netherlands in September 2017 to hear about the latest developments in maritime training based on state-of-the-art simulation technology. The three-day Kongsberg UC2017 International Maritime Simulation User Conference brought attendees up to date on developments in digitalization, maritime training, navigation technology, maritime operations simulation and the use of virtual reality in training. Tom Mulligan reports.
Navigating the New Norm
It is not business as usual in the world where we do business. Things are changing. Even regulations themselves are changing from less prescriptive in nature to more performance-based. As Chairman, President and CEO of a global classification and technology-centric company that operates in 70 countries with 5,000 employees, I am continually assessing the impact of these changes on the capabilities ABS needs to fulfill its mission and maintain its leadership position in the maritime, offshore and government industries it serves. To know where we are heading, we have to know where we began.
French SMART PORT in Med Soon
The members of the SMART PORT steering committee adopted a first series of projects designed to take advantage of the digital transition with a view to affirming and consolidating the importance of the Aix-Marseille Provence Metropolis as a seaport. The steering committee also supported the creation of a program focusing on research and innovation: the Brain Port Community. This partnership will be based on a multi-party agreement between Aix-Marseille Université, the Port of Marseille Fos, the CCIMP, Métropole Aix-Marseille, and the PACA region.
First Containership Receives LR Cyber Notation
The newly built containership MV COSCO Shipping Aries, recently delivered to COSCO Shipping Lines, is the first ever containership to receive Lloyd’s Register’s (LR) cyber-enabled ship (CES) descriptive note “Cyber AL3 SECURE PERFORM” for its energy management system. The 20,000 TEU ship was built by Nantong COSCOS KHI Ship Engineering Co., Ltd (NACKS). “MV COSCO Shipping Aries is the first 20K TEU level ultra large containership built in Chinese shipyard owned by COSCO Shipping Container Lines.
Orient Overseas International Turns Black
Orient Overseas International (OOIL) said it reported a profit attributable to equity holders of US$138 million for the year ended 31 December 2017, as compared to the loss of US$219 million for the previous financial year. Earnings per ordinary share in 2017 was US22.0 cents, whereas loss per ordinary share in 2016 was US35.0 cents. The Chairman of OOIL, C C Tung, said, “The economic backdrop for 2017 was more robust than forecasters had expected. Following a decade of low growth, we saw healthier performance in both GDP and trade volumes across most of the world’s major economies.
ABS Head Wiernicki Outlines Maritime’s New Normal
Addressing industry leaders at the opening session of the Connecticut Maritime Association (CMA) Shipping 2018 conference, ABS Chairman, President and CEO, Christopher J. Wiernicki, detailed how global megatrends and shipping industry challenges, including digitization and connectivity, cyber security, efficiency improvements and optimization gains in operational performance, and emissions reduction are redefining the current world in which we work. “It’s clear our business environment is changing and we have a new definition of what normal means,” Wiernicki said.
ABS Unveils e-Certificates
ABS announced the launch of e-Certificates. Continuously available, tamper-proof, independently verifiable and secure digital equivalents of traditional ABS paper certificates, e-Certificates are now available to ABS’ entire classed-fleet, subject to individual Flag Administrations’ authorization. Traditional paper certificates are always still available. “E-Certificates are the latest product from ABS’ FutureClass program. Defining the future of class focuses on the utilization of data and digital technology to deliver benefits for our clients…
Orient Overseas Back to Black
Orient Overseas International (OOI) has announced a profit attributable to equity holders for 2017 of US$137.7 million, compared to a loss of US$219.2 million in 2016. Earnings per ordinary share in 2017 was US22.0 cents, whereas loss per ordinary share in 2016 was US35.0 cents. The Chairman of OOIL, C C Tung, said, “The economic backdrop for 2017 was more robust than forecasters had expected. Following a decade of low growth, we saw healthier performance in both GDP and trade volumes across most of the world’s major economies.
Teekay launches digital dashboard 'The Helm'
Teekay Tankers Ltd. has launched a vessel dashboard portal called The Helm that is designed to give pool partners a transparent, real-time direct link to commercial, technical and market data pertaining to their vessels.For Teekay Tankers CEO, Kevin Mackay, The Helm is a way Teekay Tankers can harness digital technology and big data tools to stay at the forefront of tanker market trends: “Our commercial team has been building out its service offering to customers and partners over the last couple of years.
OutSmart, Kongsberg Join Forces on Wind Energy
Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the innovative Kognifai digital platform and ecosystem. The sophisticated digital solution will be used to manage OutSmart’s extensive onshore and offshore wind turbine portfolio. OutSmart provides services to wind farm owners, fund managers, and wind project companies in Northwestern Europe to maximize the revenues of their wind assets.
Interview: Bourbon CEO Gael Bodénès
Bourbon Corporation CEO Gael Bodénès & his team plot a bold new course for this offshore industry stalwart.Your career with Bourbon has traversed many industry fluctuations. Looking back to when you joined the company, how is Bourbon today most the same, and most different?Bourbon has transformed from a small regional company to a world recognized leader in offshore marine services. It has seen its teams grow from a 3,000 to more than 8,000 employees of 88 nationalities, the fleet has grown to more than 500 units…
DNV GL Hires Bendrik as Chief Digital Transformation Officer
Klas Bendrik will join DNV GL September 1 as Chief Digital Transformation Officer to support DNV GL’s digitalization and IT strategy. Bendrik will be based at the DNV GL headquarters in Høvik, Norway and will be a member of DNV GL Group’s Executive Committee and report to Group President and CEO Remi Eriksen.“Digitalization is central to our strategy. DNV GL invests 5 percent of its revenue on research, development and innovation, and now more than 60 percent of this is dedicated to our digital transformation,” Eriksen said.
Op/Ed: Connecting to the Future of Offshore
120 miles out at sea, 6,000-horsepower devices lift drilling equipment weighing up to 3 million pounds out of holes lying 10,000 feet beneath the water. Keeping such sea monsters in good working order, often for years at a time, is no mean feat. Oil companies spend between $300,000 and $800,000 per day on each vessel drilling offshore. Any failures can result in losses that run into hundreds of thousands of dollars per day.With such high costs and massive market pressures, including volatile oil prices…