Digital Technology News

The United States can use other measures to recreate the roughly $200 billion in revenues it is collecting under tariffs based on a 1977 law if the Supreme Court strikes down use of that law, U.S. Trade Representative Jamieson Greer said on Wednesday.Greer, speaking at an event hosted by the Atlantic Council, said it would make sense for Congress to legislate new rules for U.S. trade in the longer term.He declined to provide any details on the Trump administration's backup plan…

Where does true value lie in maritime digitalization? How are shipowners leveraging improvements in data quality and how can a single source of truth support and inform decision-making? To kick-off London International Shipping Week, ABS Wavesight assembled a panel of industry leaders to seek out the answers, with CEO Staci Satterwhite asking the questions.The panel - made up of Robert Gaina, SVP, Commercial at Ardmore Shipping, Niraj Nanda, Chief Commercial Officer at Anglo-Eastern and Robert Desai, Chief Executive Officer at V.

Demetris Chrysostomou, CEO of Columbia Group Asia Region, has strongly rejected suggestions that Asian shipowners are falling behind their European and American counterparts when it comes to operational standards, describing such claims as outdated and misleading.Speaking in response to growing industry commentary around regional divides in shipping performance, Chrysostomou pointed to the operational strength and commitment to safety of Asia’s leading maritime nations.“When we look at the leading shipowning nations in Asia such as Japan…

"Development of Integrated Simulation Platform for Sustainable and Competitive Maritime Industry" has been selected as a R&D project under K ProgramMTI Co., Ltd. (a NYK Group company), Mitsubishi Shipbuilding Co., Ltd., TSUNEISHI SHIPBUILDING Co., Ltd., Japan Agency for Marine-Earth Science and Technology, Japan Marine United Corporation, Mitsui E&S Co., Ltd., National Maritime Research Institute, Tsuneishi Akishima Laboratory Co.,, Graduate School of Engineering The University…

Thruster propulsion specialist Steerprop has appointed Juhani Hupli as its new Director of Service. Hupli, who joined Steerprop in February, will lead the development and delivery of the company’s lifecycle solutions for its thrusters, which operators rely on to maximize reliability and availability while operating in the world’s most challenging marine environments. Hupli will be part of the management team of Steerprop.Hupli brings over 25 years of experience in the maritime industry, having held several senior management roles at Wärtsilä.

Ang Wee Keong, currently the Assistant Chief Executive (International) of the Info-Communications Media Development Authority (IMDA), will take on the role of Chief Executive of the Maritime and Port Authority (MPA) effective June 16.In his current role, Ang has made significant contributions in advancing Singapore’s digital interests and thought leadership in the international arena. He strengthened Singapore’s network of digital economy partnerships, and expanded collaboration through platforms like the ASEAN Digital Ministers’ Meeting…

A new report from the UCL Energy Institute has highlighted the looming risk of maritime asset stranding, stating that a rapid energy transition could “lead to ‘premature scrapping’ of over a third of the fleet, valued at over $400 billion, unless they undergo costly retrofits to remain competitive in the wake of new GHG policies and wider energy transition.”The report reveals that existing vessels and newbuilds on order will produce double the emissions permissible under a 1.5°C-aligned carbon budget…

The maritime industry is witnessing a technological revolution that is fundamentally changing how ships operate, improving safe and efficient performance and reducing emissions, all to meet increasingly restrictive environmental standards. Adopting cutting-edge digital technologies enables ship owners and operators to optimize fleets, boost safe and efficient performance and reduce emissions while satisfying ever-developing environmentally beneficial requirements. Digitalization lies here and on the horizon of commercial vessel operations…

Seatrium and the Institute of Technical Education (ITE) in Singapore have inaugurated a Digital Learning Lab.The ITE-Seatrium Digital Learning Lab is designed to be a leading educational and innovation hub for the marine and offshore energy industry.By providing a dynamic and immersive learning environment for students, the Lab features practical skills development in energy and engineering, technological literacy in digital advancements and hands-on learning experiences emphasizing active engagement and problem-solving.Courses on Digital Yard Technology Applications…

[ to deep, dark & confined spaces ]DLS Marine received approval from ABS for remote inspection, and it is leveraging advanced drone + software tech to make the process of tank inspection more efficient and less dangerous.DLS Marine is a long-tenured name in the U.S. maritime survey market, founded by Bob Stickney as Stickney Marine Surveying in New Orleans in 1968, with a pivotal moment coming in 1977 when Stickney hired Norman Dufour, future DLS Marine Partner, as an apprentice marine surveyor.

Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble is: it could take up to 80% of the electricity generated by the turbine to do it.So, as Maersk Supply Service said a few years back: In a field of 100 turbines with 4-5 mooring lines each, there is going to be a lot of subsea “spaghetti.” It’s not a problem unique to the industry…

Artificial intelligence (AI) is set to revolutionize shipping by enhancing safety and efficiency, Christopher J. Wiernicki, ABS Chairman and CEO, said, while also noting the growing importance of the human touch in this high-tech era.“Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, driving our complex industry to be safer, more efficient and more optimized, while emphasizing the increasing importance of the humans in the loop,” Wiernicki said…

Mitsui O.S.K. Lines (MOL) has announced plans to merge its three subsidiaries focused on maritime technology and engineering to form a professional technical hub focused on maritime industry and decarbonization.In an absorption merger move, MOL will unite MOL Marine & Engineering (MOLMEC), MOL Ocean Expert, and MOL Ship Tech, effective April 1, 2025, with MOLMEC as the surviving company.The new company, as a professional technical group, will offer services ranging from maritime and new shipbuilding consulting…

ClassNK has granted its Innovation Endorsement for Products and Solutions to monitoring service for ocean vessel motors, V-MO, developed by Asahi Kasei Engineering Corporation.ClassNK has confirmed that the DSS notations (MM, CNS, SM), which indicate ships with advanced digital technology, can be applied to ClassNK-registered vessels equipped with the product.Short for Vessel Vibration Visualization Monitor, the V-MO offers condition monitoring service optimized for marine motors.

Singaporean rig- and shipbuilder Seatrium has tapped the American Bureau of Shipping (ABS) to class a pair of floating production storage and offloading units (FPSO) being built for Brazil's state-owned Petrobras, the classification society announced. Slated for delivery in 2029, the FPSOs P-84 and P-85 will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin, approximately 200 kilometers offshore of Rio de Janeiro in Brazil. Each have a production capacity of 225…

Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels into floating offices and remote homes.The report explores the growing importance of always-on onboard connectivity as ships and their crew become increasingly reliant on digital technology. Compiled by maritime technology research firm Thetius, the report draws on interviews and survey data to provide insight into how crews and shore-based teams are using digital technologies today.

Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, Head of Regulatory & Public Affairs, ABB Marine & Ports.ABB Marine & Ports Head of Regulatory & Public Affairs, Eero Lehtovaara has carved out an unusual - and possibly unique - role in the maritime industry over recent years, as a ‘stakeholder’ simultaneously mindful of the perspectives of owners…

ABS Wavesight has appointed software and digital technology leader Staci Satterwhite to serve as Chief Operating Officer (COO), a new role for the maritime software as a service (SaaS) affiliate of ABS.Most recently serving as the COO of Khoros, a Vista private equity portfolio company, Satterwhite has extensive and diverse global experience helping develop and transform software and digital solutions.As COO, Satterwhite is responsible for leading product development and further enhancing customer interactions and experiences.

Shipping’s journey of digital transformation is as much about cultural change - from the boardroom to onboard vessels - to adapt to new ways of working with data collaboration at the core as it is about technology adoption, according to a new Bureau Veritas-backed research study.Digital transformation of the industry “demands a systemic shift in how we work together,” Bureau Veritas Marine & Offshore’s VP Digital Solutions & Transformation, Laurent Hentges, said in the foreword to the report by research firm Thetius…

Like so many other industries in transportation, the marine industry is being challenged on multiple fronts—from a shortage of manpower and emerging digital technologies to sustainability requirements. In the face of these growing pressures, ship designers increasingly rely on digital transformation to stay competitive and deliver higher-quality products. Digital transformation offers many solutions across a ship’s lifecycle, from design and crew training to interconnectivity and automation…

NYK received the grand award at Data Management 2024 hosted by the Japan Data Management Consortium (JDMC) on March 8.JDMC established the Data Management Award in 2014 to publicize data management's role and importance and share pioneering know-how.NYK has been developing and utilizing data lakes - a data management system for data utilization and analysis. They are suitable for collecting and storing vast amounts of data, regardless of the format or scale of the data to be stored.NYK…

Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, ABB Marine & Ports.ABB Marine & Ports Head of Regulatory & Public Affairs, Eero Lehtovaara has carved out an unusual - and possibly unique - role in the maritime industry over recent years, as a ‘stakeholder’ simultaneously mindful of the perspectives of owners, seafarers…

Inspection intervals for liquefied natural gas (LNG) carrier membrane tanks could be safely extended thanks to monitoring technology and predictive maintenance, according to a study led by GTT Group, Lloyd’s Register and Shell International Trading and Shipping Company Limited.The International Gas Carriers (IGC) Code and IACS UR Z16 rules require LNG carrier cargo tanks to be inspected internally every five years. This joint study explored whether this interval could be extended…