Information Technology News

19 Aug 2019

World’s First: LR Digital Type Approval to HHI

Pic by LR, Hyundai Heavy Industries Co.

The world's largest shipbuilding company Hyundai Heavy Industries Co (HHI) has become the first to obtain a Lloyd’s Register (LR) approval for a digital component as it received green light to use the technology for its Integrated Smartship Solution (ISS).According to LR, digital type approval delivers an assurance system to provide confidence in the market for the supply of digital components and offers all the benefits of traditional type approval; reassurance on supply chain quality and robustness within the marine environment.

08 Aug 2019

HII Announces Leadership Changes

Damon Saetre (Photo: HII)

Huntington Ingalls Industries announced leadership changes for its Newport News Shipbuilding division.Damon Saetre has been promoted to vice president of integrated planning and production control. In this role, he oversees all direct planning, supply chain planning and production control functions across the organization. This includes leading the Navy program work plans, as well as workforce and capacity planning.Saetre, who assumed his new role this week and reports to Newport News President Jennifer Boykin…

08 Aug 2019

ABS Appoints Global Head of Cyber Security

Ian Bramson  (Photo: ABS)

ABS has appointed well-known cyber expert Ian Bramson as its Global Head of Cyber Security. In this role, Bramson will lead the development of a cyber security risk reduction program to meet increasing demand for improved control and visibility of cyber risks.Bramson has helped organizations solve cyber-related business challenges, such as managing the convergence of information technology with operational technology (OT), supporting risk management and enabling digital transformation. Before joining ABS, Bramson was the Global Head of Cybersecurity Sales and Strategy for Siemens AG.

25 Jul 2019

Kirby Announces 2019 Q2 Financials

File Image of a Kirby inland asset underway and working. CREDIT Kirby

Kirby Corporation (“Kirby”) (NYSE: KEX) has announced net earnings attributable to Kirby for the second quarter ended June 30, 2019 of $47.3 million, or $0.79 per share, compared with earnings of $28.6 million, or $0.48 per share, for the 2018 second quarter. Excluding a one-time charge related to the retirement of Kirby’s Executive Chairman, 2018 second quarter net earnings attributable to Kirby were $46.8 million, or $0.78 per share. Consolidated revenues for the 2019 second quarter were $771.0 million compared with $802.7 million reported for the 2018 second quarter.David Grzebinski…

22 Jul 2019

China Maintains Shipbuilding Leadership

Image:  Chengxi Shipyard Co., Ltd

China’s accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year.Xinhua news agency quoted the Ministry of Industry and Information Technology saying that China received 51.8 percent of global new orders in H1 and held 42.9 percent of the existing orders, cementing the country’s leading role in the sector.In 2018, China took 43.9 percent of global new orders and held 42.8 percent of the existing ones.Given a lackluster global economy…

14 Jul 2019

Maritime Cyber Alert

© Oleksii/Adobe Stock

For some years now, the maritime sector has experienced breaches of various computer and information technology (IT) systems. Primarily, these breaches have been collateral damage. The maritime sector has almost never been the intended target. That does not mean that the damage has been minor. In June 2017, A.P. Moller-Maersk suffered a major cyber-attack. The malware had been designed by Russian hackers to disrupt the Ukrainian power sector. Once released, though, it proved to be indiscriminate, infecting IT systems worldwide that had not been kept up to date. In the case of A.P.

05 Jul 2019

Carnival connects entire fleet to STM

The Carnival Fleet Operation Centre where operators monitor and supports all cruise ships in the company.

As part of the Sea Traffic Management STM Validation project Costa Crociere, part of Carnival Corporation, integrated Costa and Aida ships to exchange information with other actors, utilizing STM supported standardised formats and interfaces. After verifying operations with these initial ships, the rest of the Carnival Corporation fleet has now been added.Costa developed STM support as part of their Fleet Operation Center software Neptune. This new functionality in Neptune allows Carnival to interact with other STM services…

04 Jul 2019

Carnival Installs STM

Pic: Carnival Corporation

Carnival Corp has implemented Sea Traffic Management (STM) into its fleet management and operations software to share voyage data with ports and other shipping companies. EU's STM Validation project has now been added to entire Carnival Corporation fleet, following a successful trial with Carnival's Costa and Aida-brand ships.Costa Crociere developed STM support as part of their Fleet Operation Center software Neptune. This new functionality in Neptune allows Carnival to interact with other STM services…

03 Jul 2019

Hapag-Lloyd, ONE Join TradeLens Platform

Pic: TradeLens

Maritime shipping companies Ocean Network Express (ONE) and Hapag-Lloyd have joined blockchain-enabled digital shipping platform TradeLens, which was jointly developed by their container shipping rival Maersk and tech giant IBM.Hapag-Lloyd and ONE, the world’s fifth and sixth largest carriers by capacity, respectively, will join CMA CGM and MSC Mediterranean Shipping Company, the world’s second and fourth largest carriers, who recently signed up for the TradeLens platform in May.Maersk says with the addition the carriers…

13 Jun 2019

Cyber Risk Management: What Maritime Professionals Need to Know Now

© pickup/Adobe Stock

The IMO January 2021 deadline for shipping interests to incorporate cyber risk management into their existing Safety Management Systems is fast approaching. It is critical that stakeholders understand their vulnerabilities. The IMO has issued MSC-FAL.1/Circ.3 guidelines on maritime cyber risk management that does a good job of outlining the many vulnerable systems within marine operations, including:1.Bridge systems;2. Cargo handling and management systems;3.Propulsion and machinery management and power control systems;4.

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…

Maritime Reporter Magazine Cover Aug 2019 - The Shipyard Edition

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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