Information Technology News

02 May 2019

Kirby Posts 2019 Q1 Results

David Grzebinski, Kirby’s President and Chief Executive Officer

Kirby Corporation announced net earnings attributable to Kirby for the first quarter ended March 31, 2019 of $44.3 million, or $0.74 per share, compared with earnings of $32.5 million, or $0.54 per share, for the 2018 first quarter. Excluding certain one-time charges, 2018 first quarter net earnings attributable to Kirby were $37.9 million, or $0.63 per share. Consolidated revenues for the 2019 first quarter were $744.6 million compared with $741.7 million reported for the 2018 first quarter.David Grzebinski…

23 Apr 2019

Fincantieri Acquires IT Firm Insis

A fincantieri Shipyard (File Image / CREDIT Fincantieri)

Italian shipbuilder Fincantieri said on Tuesday it had acquired a majority stake in information technology company Insis, to widen the range of products and services it offers.The state-controlled group did not revealed the financial terms of the deal, adding that Insis, which employees 100 people, posted revenue of 51.7 million euros ($58 million) last year.Insis, which has its headquarters near the port city of La Spezia, develops products and services in IT, electronics, telecommunications and cybersecurity.Its clients belong to both the public and defence sectors, Finmeccanica said.Reporti

15 Apr 2019

ClassNK Releases Cyber Security System

Classification Society ClassNK has released its Cyber Security Management System for Ships.As part of the ClassNK Cyber Security Series, ClassNK regularly releases guidelines and standards that outline cyber security measures based on the recently-released ClassNK Cyber Security Approach that outlines ClassNK’s basic approach to ensuring onboard cyber security for ships.The Cyber Security Management System for Ships provides guidance on ensuring, implementing, maintaining, and continuously improving the cyber security management system of companies and ships with the goal of safe navigation.

03 Apr 2019

Fujitsu, MPA to Curb Ship Collisions

Image: Fujitsu

Japanese multinational information technology equipment and services company Fujitsu Ltd and Maritime and Port Authority of Singapore (MPA) are testing technology that could give ship captains earlier warnings about potential collisions with other vessels.A two-year field trial of the system has concluded, and further tests will be conducted before authorities decide whether to deploy the system, said a press release.Fujitsu has demonstrated the usefulness of a novel ship collision…

29 Mar 2019

ClassNK Releases Cyber Security Approach

Logo: ClassNK

Classification society ClassNK has released the ClassNK Cyber Security Approach which outlines its basic approach to ensuring onboard cyber security for ships. It was released alongside its Guidelines for Designing Cyber Security Onboard Ships for newbuilding designs as the first part of the ClassNK Cyber Security Series which incorporates requirements for taking onboard cyber security measures.Response to cyber threats is an urgent matter for the entire maritime industry. The…

06 Feb 2019

HHLA Support Energy Transition

HHLA makes substantial contribution to the energy transition. Pic: Hamburger Hafen und Logistik AG (HHLA)

German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) and its partners began research and development work on the publicly funded FRESH  project at its Container Terminal Altenwerder (CTA).FRESH stands for flexibility management and control reserve provision of heavy goods vehicles in the harbour, said the firm which operates three container terminals at the Port of Hamburg: Altenwerder, Burchardkai and Tollerort, as well as cargo handling and transport services by rail…

31 Jan 2019

Kirby Announces 2018 Q4/FY18 Results, Deal to Buy Cenac's Marine Fleet

Kirby Corporation announced a net loss attributable to Kirby for the fourth quarter ended December 31, 2018 of ($24.4) million, or ($0.41) per share, compared with earnings of $231.3 million, or $3.87 per share, for the 2017 fourth quarter. Excluding certain one-time charges, 2018 fourth quarter net earnings attributable to Kirby were $44.9 million, or $0.75 per share. Consolidated revenues for the 2018 fourth quarter were $721.5 million compared with $708.1 million reported for the 2017 fourth quarter.For the 2018 full year…

18 Jan 2019

HII to Acquire Fulcrum IT Services

Huntington Ingalls Industries (NYSE:HII) has announced that it has entered into an agreement to acquire Fulcrum IT Services, LLC, an information technology and government consulting company headquartered in Centerville, Va. The planned acquisition is expected to close in February.Financial terms of the transaction were not disclosed.Fulcrum expands HII’s capabilities in enhanced situational awareness and predictive threat analytics through Fulcrum’s advanced engineering, cyber security, software development, big data engineering, and intelligence and special operations experience. Fulcrum will join HII’s Technical Solutions division.

18 Nov 2018

Dell Technologies, Arundo Analytics Launch IoT Bundle for Maritime

Image: Arundo Analytics

American multinational information technology corporation Dell Technologies and  cloud-based software firm Arundo Analytics announced the launch of the IoT Bundle at The Royal Norwegian Consulate Shipping Conference held in Houston, Texas.The bundle consists of Dell Edge Gateway 5100 series devices combined with Arundo Edge Agent software, said a press release from the provideer of software to enable enterprise-scale machine learning and advanced analytics applications.Dell Edge Gateway 5100 devices are hardened and maritime class-certified…

15 Nov 2018

Five Container Shipping Gaints Form Digital Collaboration

Image: Mediterranean Shipping Company

Five container shipping companies - MSC, A.P. Moller – Maersk, CMA CGM, Hapag-Lloyd, and Ocean Network Express -  intend to create an association with the purpose of paving the way for digitalization, standardization and interoperability in the container shipping industry.IT executives from the shipping groups are currently discussing the creation of common information technology standards which shall be openly available and free of charge for all stakeholders of the wider container shipping industry.“It’s in the customers' and all stakeholders’ best interest…

17 Oct 2018

Ocean Express Network Incurs a USD600 mln Loss in First Year

Image: Ocean Network Express

Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, says its revised consolidated business forecast for FY2018 (April 1, 2018 to March 31, 2019).The integrated container shipping operating company,  which was established by Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha, said in a press statement that the loss is attributed to its struggle with a new information technology, staff shortages and a rapidly rising fuel costs.Singapore-headquartered ONE…

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…

03 Sep 2018

Rolls-Royce Health Management Solutions to Harness Power of Data

Image provided by Rolls-Royce

Rolls-Royce continues to develop its ship intelligence offerings to the market, and now introduces a pioneering new solution for Health Management of ship equipment.The technology is aimed at elevating the way in which customers manage and maintain the equipment and systems onboard their ships.Health Management is designed to provide ship operators with an unsurpassed level of understanding of the operational health and performance of all the machinery installations onboard.Developed by the Ship Intelligence team at Rolls-Royce…

22 Aug 2018

Five New Marine Technologies @ SMM 2018

Kongsberg Maritime

The SMM 2018 scheduled to take place September 4-7, 2018, in Hamburg, Germany, is held every two years and is the traditional launching platform for a variety of commercial shipping and shipbuilding technologies. Five new marine technologies to look for in Hamburg include:Digitalization & Autonomous SolutionsCompany: Kongsberg MaritimeBooth: B6.104Product: Digital transformation and autonomyKongsberg Maritime will show innovations in its operational, digital and seaborne transportation systems including autonomy and hybrid solutions at SMM 2018.

06 Aug 2018

COSCO-OOIL Merger Has Great Synergy: Xu, Tung

Tung Chee Chen. Photo: Orient Overseas (International) Limited

The merger of Orient Overseas (International) Limited (OOIL) and COSCO Shipping Holdings offers can effectively combine the respective strengths of both and optimize our global network, thereby achieving greater economies of scale and synergies,  incoming Chairman of OOIL, Captain Xu Lirong, said commenting on the deal.This transaction is a common choice for both sides to follow the development trend of container shipping industry and realize sustainable development, he added."I…

05 Aug 2018

Bahri Successfully Concludes ‘SAIFI’ Program

Photos: Bahri

Bahri, a global leader in logistics and transportation, has successfully completed the first edition of ‘SAIFI’, a summer training program for undergraduate students in the Kingdom, launched jointly by the Ministry of Labor and Social Development (MOLSD) and the Human Resources Development Fund (HRDF).Aimed at training and developing practical skills among the country’s youth, the four-week internship program ran from 8 July until 2 August, with the participation of 15 male and…

30 Jul 2018

American P&I Club Manager Prepares for Further Growth

Dorothea Ioannou (Photo: The American Club)

Shipowners Claims Bureau, Inc. (SCB), the Manager of the American P&I Club, has recently announced a series of appointments designed to service the Club’s growing membership and help fulfil longer-term goals of continued expansion. The American Club has grown its membership substantially over recent years, tonnage having increased by some 25 percent over the past 24 months, and these appointments are intended to consolidate the Club’s continuing service capabilities in the future.The…

23 Jul 2018

IMO on Maritime Security in 21st Century

Photo: International Maritime Organization (IMO)

International Maritime Organization (IMO) Secretary-General Kitack Lim has highlighted the Organization’s work and response to a changing maritime security landscape.Speaking at the ‘Maritime security in the 21st century’ symposium at the Brazilian Naval War College, Rio de Janeiro (20 July), he said that “threats to the port and shipping sectors are constantly evolving and so is IMO’s response” and emphasized that “IMO is addressing the digital revolution in all aspects of its work”.Autonomous vessels…

23 Jul 2018

HMK Scoops Major Naval Comms Order

ATLAS ELEKTRONIK subsidiary Hagenuk Marinekommunikation (HMK) has been commissioned by the “ARGE K130 2nd Batch” consortium to supply integrated communication systems for units 6 to 10 of the Type K130 corvettes for the German Navy.The scope of supply includes radios of the complete telecommunications spectrum from 10 kHz to 20 GHz, which enable information to be exchanged with other ships, boats or shore stations via special input devices in the form of voice and data radio. These intelligent communication systems offer users the greatest possible support in their tasks and thus make a significant contribution to the reliable operation of ships and their crews.

12 Jul 2018

TEFELEN America Partners with Hepburn and Sons

Pictured left to right: Roland Budine, TEFELEN America’s Senior Project Engineer; Samantha Hepburn Hertel, Hepburn and Sons LLC’s Principal, Customer Relations Officer; Rick Hepburn, Hepburn and Sons LLC’s President/CEO, retired Navy Captain; Philip Brown, President/CEO of TEFELEN America and Phoenix Mecano; and Ehsan Alavi, TEFELEN America Engineering Director.

Hepburn and Sons LLC, premier advisors to the American maritime industry, recently visited TEFELEN America in Frederick, Md. to discuss their new partnership.Hepburn and Sons LLC’s President/CEO retired U.S. Navy Captain, Rick Hepburn met with TEFELEN America’s President/CEO, Philip Brown on Thursday, June 21, 2018, to discuss conjoined marketing and sales efforts between the two companies. Also in attendance was Hepburn and Sons LLC’s Principal, Customer Relations Officer, Samantha Hepburn Hertel.In December 2017…

21 Jun 2018

Combat Systems Ordered for German K130 Corvettes

ATLAS ELEKTRONIK and Thales Deutschland have jointly been commissioned to deliver the combat system of the German Class K130 Corvette. The order comprises five corvettes as well as the Test and Training Centre (EZ/BUZ) in Wilhelmshaven.With completion scheduled for 2025, the FüWES K130 consortium formed by the two companies and led by ATLAS ELEKTRONIK will deliver the combat system hardware and also adapt and update the existing Combat Management System software of the K130, first batch (ships 1-5).The contracted solution for ships 6-10 is identical to the original contract (2003) for the K130, first batch. In line with the re-build requirement, changes in the solution are only related to obsolescence and compliancy with German regulations.

20 Jun 2018

DAMCO Names Dixit CEO for India, Bangladesh and Sri Lanka

Ashutosh Dixit  (Photo: DAMCO)

Supply chain management and freight forwarding services provider DAMCO, part of A.P. Moller – Maersk, has announced the appointment of Ashutosh Dixit as CEO for India, Bangladesh and Sri Lanka (IBS) effective from June 15, 2018.A seasoned executive with over two decades of experience in Supply Chain, Ashutosh will lead the next phase of growth for Damco across IBS with a key focus on offering innovative and seamless solutions to customers shipping from and to the IBS markets.Ashutosh comes to Damco from DHL Global Forwarding where he held different leadership positions across functions.

16 May 2018

Interview: Kitack Lim, Secretary-General, IMO

Kitack Lim, Secretary-General, IMO. Photo: 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.

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