10 Tech Trends to Impact Shipping Industry
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…
Operation ATALANTA Deputy Meets with French Forces
Operation ATALANTA Deputy Commander R. Adm. Giovanni Battista Piegaja spoke with French Base Commander Colonel Francois Tricot and Deputy COMFOR FFDJ Colonel Emmanuel Antoine, during a meeting with the French Forces stationed in Djibouti (FFDJ).The FFDJ hosts the Support Element ATALANTA (SEA) and the Maritime Patrol Reconnaissance Aircrafts (MPRA) Detachments from Spain and Germany on the Air Base (BA 188).During the meeting, R. Adm. Piegaja expressed gratitude to the French Armed Forces for the support they provide to the Operation ATALANTA MPRAs…
WiseTech Global Acquires Xware
Global logistics software group, WiseTech Global has announced the acquisition of Xware, a messaging integration solutions provider in Sweden.Xware’s secure, interoperable messaging solution, xTrade, is designed to link organisations to their suppliers and partners, allowing them to safely share information across application to application, business to business, managed file transfers, business process management and IoT ̶ essential for real-time messaging, queued business flows and data integration.
Brexit Brings Jobs to Rotterdam Port
Europe's largest port, Rotterdam, said that eleven British firms set up in Rotterdam in anticipation of Brexit last year.According to Rotterdam Partners these British firms represent nearly a third of the international firms that established a location in the port city last year.The new arrivals include companies like Cogoport, Webhelp, Airlift Systems and GE Healthcare. Together, these 36 international players will be creating over 1,430 new jobs and making a combined investment of EUR 199 million in the port city’s economy.These international firms were attracted by Rotterdam Partners…
DNV GL Names New Vice Chair
International accredited registrar and classification society DNV GL has announced that Jon Fredrik Baksaas has been appointed the Vice Chair of its Board of Directors.The Norway-headquartered classification body said in a press release that Baksaas started his working career in DNV in 1979 and worked in Norway and Japan until he left DNV in 1985.He went on to work in Stolt-Nielsen and Aker and topped his executive career with more than 25 years in Telenor – the last 13 as CEO and President until he stepped down in 2015.Baksaas has served 12 years as a member of the DNV Council.
Interferry Charts a Course for Growth
Interferry CEO Mike Corrigan explains why the global trade association is poised to take its work to the next level.While I respect the mantra of cautious optimism, I can’t help feeling genuinely excited that 2019 could prove to be a milestone year in the continuing growth of Interferry’s influence as the global voice of the ferry industry. We’ve come a long way since our US origins in 1976 as what was essentially a networking movement, but developments in recent months already suggest we are on course for yet more enhancement of our present-day worldwide networking and lobbying relationships.
NEXT GEN 2019: Burning Issues and Cutting Edge Marine Safety
3 One Day Workshops - Southampton UK April 2-4, 2019As the digital age rapidly arrives all around us, it (or IT) may have overlooked that safety at sea is still all about people. To meet the changing requirements of modern fleets, smart organizations and specialist equipment manufacturers now need to work together to blend traditional safety methods with innovation.A unique program of three specialist safety days for the sub IMO / sub 80 feet professional sector is being held back-to-back at the Grand Harbor overlooking the port of Southampton UK this April.
Huntington Ingalls Enters Partnership for 3D Printing
Huntington Ingalls Industries announced it has partnered with a company specializing in 3D printing technologies in a move that aims to transform naval shipbuilding in the U.S.Huntington Ingalls’ Newport News Shipbuilding division will work with 3D Systems to develop additive manufacturing technologies expected to accelerate the adoption of metal 3D printing for building components of U.S. warships.The joint effort, which comes amid a significant technological transformation underway at Newport News…
Shipyard Report: Detyens Shipyards
In a world driven by the dollar sign, D. Loy Stewart, Jr., owner and president of Detyens Shipyards missed the memo. Make no mistake, Stewart is steadfast to deliver on-time, excellent service to Detyens’ broad array of ship repair clients, from government to commercial, both foreign and domestic. He understands that a ship in his yard is not making its owner – his client – money, and he is laser focused on keeping his clients happy, returning ships to service on time, on budget. But Stewart is driven by a calling larger than profit margin, building a successful U.S.
INSIGHTS: Admiral Karl Schultz, Commandant, U.S. Coast Guard
Admiral Karl L. Schultz assumed the duties as the 26th Commandant of the United States Coast Guard on June 1, 2018. He previously served from August 2016 to May 2018 as Commander, Atlantic Area where he was the operational commander for all Coast Guard missions spanning five Coast Guard Districts and 40 states. Previous operational assignments include Sector Commander in Miami, Florida, as well as command tours aboard Cutters VENTUROUS, ACACIA and FARALLON. His senior staff assignments include Chief of the Office of Congressional and Governmental Affairs; Congressional Liaison to the U.S.
National Response Corporation Acquires SWS Environmental Services
National Response Corporation (NRC) has acquired SWS Environmental Services (SWS), significantly adding to its national footprint and expanding its full line of compliance and environmental services. Since 1974, SWS has been providing a broad range of essential services including industrial, hazardous waste management, emergency response, marine, and remediation services to the energy, manufacturing, education, healthcare, chemical, transportation, government, and retail sectors.
DP World, China Signs Agreement to Boost International Trade
An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and Road Initiative.DP World will be building the ‘Traders Market’ within the Jebel Ali Free Zone Area located in Jafza South next to the Dubai Expo 2020 site.The market will include clusters of traders from all over the world, offering a wide range of products at one site.
Stanford Marine in Talks About Sale of Business
Creditors of Stanford Marine Group (SMG), which has links to troubled private equity firm Abraaj, are in talks with three potential buyers, sources familiar with the matter say.Banks are overseeing control of Dubai-based SMG after it failed to meet the terms of its debt obligations due to financial stress linked to a steep fall in chartering rates, the sources said.SMG, which operates offshore supply vessels that service the oil and gas industry, is 51 percent owned by a fund managed by Abraaj.
Interview: Admiral Karl Schultz, Commandant, United States Coast Guard
Maritime Reporter & Engineering News was offered the opportunity to interview Admiral Karl Schultz, the 26th Commandant in the history of the United States Coast Guard, in his office in Washington, DC. Just five months into his tenure, his plate is predictably full with a number of challenges, including: Attracting and retaining future U.S. Coast Guard personnel; addressing a number of assymetric threats, including cyber attacks; and ensuring captial and operating budgets are adequate to safely and efficiently carry out a global mission envelope, to name but a few.
USCG Releases Draft Cyber Guide for Maritime Facilities
Cyber risk has hit a critical peak within the maritime industry, and the significant impact of the Petya ransomware attack on scores of maritime entities only amplifies it. The attack effectively shut down major ocean carriers, including shipping conglomerate Maersk, and impacted marine terminal operations across the globe. Every maritime company, no matter the size or business function, is a potential target. The industry has seen a recent wave of guidelines and resolutions from maritime regulatory bodies related to maritime security and cyber risk mitigation.
U.S. Army General to Lead to Puerto Rico Recovery Effort
The Pentagon named a senior general to command military relief operations in hurricane-ravaged Puerto Rico on Thursday and the Trump administration sent a Cabinet emissary to the island as U.S. lawmakers called for a more robust response to the crisis. The U.S. territory of 3.4 million people struggled through a ninth day with virtually no electricity, patchy communications and shortages of fuel, clean water and other essentials in the wake of Hurricane Maria, the most powerful storm to hit the island in nearly 90 years. The storm struck on Sept.
Fincantieri Building Second Italian Navy Patrol Ship
A steel cutting ceremony for Italy’s next Multipurpose Offshore Patrol Ship (PPA) took place at Fincantieri’s shipyard in Riva Trigoso (Genova), officially marking the beginning of construction works on the second unit. The unit will be delivered in 2022 and it is part of the renewal plan of the surface operational lines of the Italian Navy vessels, approved by the Government and Parliament and started in May 2015. The steel cutting ceremony of the first PPA took place in February 2017.
Nor-Shipping Partners with ‘Lifesaver’ Mercy Ships
Leading maritime event week Nor-Shipping has announced that Mercy Ships has been selected as its new charity partner. The global organisation, which celebrates its 40th anniversary this year, will receive financial support and promotion throughout Nor-Shipping’s maritime and ocean industry network, supporting its vital work helping and healing those in need. Nor-Shipping 2019, taking place across a series of venues in Lillestrøm and Oslo between 04 – 07 June 2019, will help raise funds and awareness for Mercy Ship’s state-of-the-art Africa Mercy vessel.
Fincantieri Lays Keel for Italy’s New Amphibious Unit
A keel laying ceremony of the multipurpose amphibious unit (LHD or Landing Helicopter Dock) was held Tuesday at Fincantieri’s shipyard in Castellammare di Stabia, Italy, marking the beginning of the slipway works of the unit. The new unit will be delivered in 2022 and it falls within the naval program of the maritime capability of Defense, approved by the Italian Government and Parliament and started in May 2015. The LHD will be classified by RINA Services pursuant international conventions about prevention of pollution regarding the more traditional aspects…
GE Transportation to Supply Freight Locomotives to Ukraine in USD 1bln Deal
GE Transportation signed a $1 billion framework agreement in Ukraine, marking a major milestone in the country’s efforts to modernize its transportation infrastructure and strengthen its position as a key European rail hub and trade corridor. The agreement, which is the largest ever for GE in the country, includes the supply of 30 GE Evolution Series freight locomotives to Ukrainian Railways, as well as additional locomotive kits over 10 years, the rehabilitation of locomotives in the railway’s legacy fleet, and long-term maintenance services.
Consortium: Blockchain Solution to Improve Ocean Shipping
A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution that can eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually. The consortium tested a solution where documents are no longer exchanged physically or digitally but instead, the relevant data is shared and distributed using blockchain technology under single ownership principles determined by the type of information.
GE Profit Tops Estimates
General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher. GE affirmed its forecast for 2018 earnings and cash flow, and said it expects to book as much as $10 billion in proceeds from divesting industrial assets this year. Those comments eased concern that GE would post poor results. GE's profit reflected 7-percent revenue growth and vigorous cost cutting. Revenue rose in aviation, oil-and-gas and healthcare, offsetting declines in power, transportation, lighting and renewable energy. GE sliced $1 billion in costs, including $800 million in industrial structural costs.
Nigerian Migrants Sue Italy for Aiding Libyan Coast Guard
Nigerian migrants who survived a deadly sea crossing last year filed a lawsuit against Italy for violating their rights by supporting Libya’s efforts to return them to North Africa, their lawyers said on Tuesday.Seventeen plaintiffs petitioned the European Court of Human Rights last week, Violeta Moreno-Lax, a legal advisor for the Global Legal Action Network, told reporters. She was among four lawyers and several humanitarian groups involved in the case.The migrants say Italy violated multiple articles of the European Convention on Human Rights…