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Maritime Business News

12 Apr 2021

AXESS Networks Creates Commercial Maritime Business Unit

AXESS Networks (AXESS) has created a new business unit: AXESS Networks Maritime; a specialized business unit established to respond to the growing and sophisticated demands within the maritime sector.“The maritime business initiative is a major step within AXESS’ growth and diversification strategy,” said Guido Neumann, President AXESS EMEA and Chief Development Officer AXESS. “AXESS will present tailored connectivity solutions to the commercial shipping and yachting markets, whilst focusing on their specific requirements. We are very happy and excited to attract highly experienced professionals of the maritime ecosystem to join our team. The new business unit will be led by Athina Vezyri, a major respected figurehead within the maritime sector.

12 Mar 2021

Maritime Groups Pleased with WRDA 2020

© Michael / Adobe Stock

It was an odd legislative journey, but ultimately one with a happy ending. That’s one way to sum up the rather tortuous process that led to the passage of the Water Resources Development Act of 2020 (WRDA). For the first time WRDA (usually reauthorized every two years) was not enacted as its own legislative bill. This time it was rolled into the massive government 2021 omnibus budget bill, the ‘‘Consolidated Appropriations Act, 2021,’’ signed into law on December 27.Still, the WRDA text itself…

25 Feb 2021

Leidos to Acquire Gibbs & Cox

(Photo: Scott Pittman / U.S. Navy)

Reston, Va.-based Leidos said it has entered into a definitive agreement to acquire esteemed naval architecture and marine engineering firm Gibbs & Cox for $380 million in cash, as the defense, engineering and IT conglomerate looks to bolster its expertise as it competes for U.S. Navy unmanned systems contracts. The deal is expected to close in the second quarter of 2021, subject to closing conditions.Founded in 1922 in New York City, Gibbs & Cox has designed some of the world's most well-known vessels, including the WWII Liberty Ships and the stories ocean liner SS United States.

22 Dec 2020

Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay

Stuart Ostrow, ShipMoney

Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis.Stuart, to start, how did you come create ShipMoney and get into a career in the maritime business?I'm the definition of an accidental salesman. By professional training, I'm a Big Six CPA, and I was always one of those frustrated accountants. Many years ago, I read a business plan that talked about prepaid.

17 Nov 2020

Wilson Sons: Inside Brazil’s Workboat Goliath

Photo: Wilson Sons

Wilson Sons is the largest integrated port and maritime logistics operator in Brazil, operating more than 80 workboats. Marcio Castro, Executive Director Tugboat Division, discusses with Maritime Reporter the size, shape & technical direction of the fleet.Mr. Castro, to start, how did you come to a career in maritime?I graduated in System Engineering at Rio de Janeiro State University (UERJ), I also have an MBA in Business Administration (Coppead/UFRJ). I joined Wilson Sons in 2003…

04 Nov 2020

SMM Goes Digital: World's Largest Shipbuilding, Ship Tech Expo Scuttles Plans for Hybrid Event

Citing a spike in second-wave COVID-19 infection numbers SMM, where the world meets in Hamburg every two years for the latest updates on shipbuilding and ship machinery technology, has opted to take the event planned for February 2021 digital.SMM 2020 was originally scheduled to be held live in September 2020, initially postponed to early 2021 as a hybrid live and digital event. But in the face of a rampant second wave of COVID-19 infections and the decision by several governments…

30 Jul 2020

Op/Ed: Federal Support for Ports is Critical

© dbvirago / Adobe Stock

Florida’s seaports are one of the state’s greatest economic assets, positively affecting every region and every resident. Our seaports have a $117.6 billion economic impact across Florida and account for more than 900,000 direct and indirect jobs, while linking our communities to vital national and international markets.During the COVID-19 crisis, ports across the country have sustained mounting losses. Ports that specialize in moving hard-hit cargoes like steel and automobiles, or depend on tourism and cruise ships are also particularly vulnerable.

30 Jul 2020

Pump Tech Focus: Leistritz FlexCore Screw Pump Series

© Leistritz

Leistritz Pumpen GmbH is a long and storied name in maritime business, and with its FLEXCORE screw pumps the company claims to provide an unusually wide application window and more freedom of installation. “With FLEXCORE, Leistritz has created a groundbreaking innovation – a pump class that unites qualitative, functional and economic aspects in a flexible, quickly available series product,“ said Philipp Rossow, Product Manager at German Leistritz Pumpen GmbH.To that end, Leistritz…

22 Jun 2020

'Smart Port as a Service'

(Image: Awake.AI)

A new maritime digitalization solution aims to enable real-time communication and collaboration between sea, port and land logistics operators while providing a capabilities overview that helps users to improve the utilization of their resources. The newly launched Smart Port as a Service from Awake.AI is a real-time collaboration and situational awareness tool that uses artificial intelligence (AI)-based predictions to unlock smarter operational optimization for all maritime actors.

22 Jun 2020

Singapore Rolls Out 'Maritime Digitalization Playbook'

© Adwo / Adobe Stock

The Maritime and Port Authority of Singapore (MPA), Singapore Shipping Association (SSA) and Infocomm Media Development Authority (IMDA) have launched the Maritime Digitalization Playbook (MDP), to support maritime companies in accelerating their digitalization plans as the economy reboots and enters a new normal post-COVID-19.Senior Minister of State for Transport and Health, Dr. Lam Pin Min, said, “This pandemic has accelerated digitalization, regardless whether you are a multinational company or a local SME.

19 Jun 2020

Hospital-grade Infection Risk Management Applied to Ships

© Roman Sigaev / Adobe Stock

Managing infection risk during the COVID-19 pandemic requires a new approach to disease control and prevention.A new infection risk management approach has been developed by DNV GL to assess, manage and mitigate infection risk in management systems, business processes and operations. My Care incorporates local regulations and guidelines – it can be applied to any vessel type, as well as terminals.My Care’s suite of independent assessment services is designed to help businesses…

17 Jun 2020

Oceaneering Launches Maritime Data and Tracking Service

© kosssmosss / Adobe Stock

Oceaneering International launched a new business aiming to eliminate waste and increase transparency within the bulk commodity cargo logistics industry, the Houston-based company announced Wednesday.OceanSMART Cargo Logistics and Maritime Technology will be led by Managing Director Bryan Phillips, who comes to the team with over 25 years’ experience in the marine shipping and cargo logistics industry, most recently as chief innovation officer at Inchcape Shipping Services. He is joined by another maritime industry stalwart with over 30 years’ experience…

16 Apr 2020

Interview: Dr. Dirk Jürgens, Heads of R&D, Voith Turbo Marine

The Voith Schneider Propeller is ideal for autonomous and remote-controlled vessels because on the one hand the forces can be managed very logically (according to X/Y logic) and on the other hand it can allocate desired forces so quickly. Any sensor errors or errors in data processing can therefore best be compensated by the VSP. Together with partners, we have advanced the technology development to such an extent that remote-controlled tractors with VSP can be realized. Dr. Dirk Jürgens, Manage

Dr. Dirk Jürgens heads R&D at Voith Turbo Marine, a part of the family owned Voith conglomerate which employs more than 19,000 people in 60 countries. Voith Rudderpropellers were chosen as the propulsion system for the three new Staten Island Ferry vessels, and Dr. Jürgens discusses the evolution of the system.The ‘Voith’ name is a well-known one in the maritime industry, but to start please provide an overview of the product and service you offer to the maritime industry.The…

18 Mar 2020

"Ship-Spotter" of the Day

The tug Austin Reinauer (4,000 hp) pushing the empty barge RTC-100 (100,000 bbl. capacity) downbound from Providence, R.I. Photo: Barry Parker

Barry Parker, contributor to Maritime Reporter & Engineering News and MarineNews magazines, is – like many people around the world – sequestered and working from home. He is our designated “ship spotter” for the day.In the maritime business, most of us have been adept at working from home (or from remote locations). Still, with the precautions being taken to prevent the spread of the Coronavirus (Covid 19), remaining at home – in my case, on the North Shore of Long Island, has not been without its challenges.

30 Dec 2019

The Top 10 Workboat Stories for 2019

Choosing the year’s ‘top stories’ is always a difficult task. Many compelling story threads played out, each dramatically impacting the North American waterfront, and in particular, the workboat sector – each in their own unique way.The Infrastructure Battle ContinuesThe EXECUTIVE SUMMARY H.R. 2396, the “Full Utilization of the Harbor Maintenance Trust Fund Act”, will ensure that the Harbor Maintenance Trust Fund is used for its intended purpose – maintaining Federally-authorized harbors. The legislation would allow the U.S. Army Corps of Engineers (Corps) to dredge all Federal harbors to their constructed widths and depths. Unfortunately, Washington continues in chaos with another continuing resolution on the budget; the next one expires on December 20th.

05 Nov 2019

Maritime History & the Panama Canal

Grace Lines COLOMBIA transit of Panama Canal. Source: U.S.Merchant Marine Academy Maritime Museum.

The Panama Canal is a strategic crossroads for maritime traffic, and is arguably one of the most important maritime developments in the past century. Here we take a deeper dive into the history behind that famous strip of waterway.The present canal, which saw its first vessel transits in 1914, along with possible alternatives through Nicaragua and Mexico, had actually been on the minds of merchants, explorers and military/political strategists since the Age of Exploration in early 1500’s.

17 Oct 2019

C-Job CEO Basjan Faber was Born to Design

©2019 Martijn Gijsbertsen / Marco Vet

Born and raised on the water by entrepreneurial parents, Basjan Faber knew from a young age that his future and fate was in maritime, specifically ship design. Today the CEO leads a vibrant, diverse and fast-growing naval architecture firm that he co-founded with partners in 2007. Headquartered in Amsterdam, C-Job has a unique approach to its business and is expanding its international footprint, as Maritime Reporter & Engineering News discovered when we visited with him in The Netherlands last month.“I have always been inspired by ships…

13 Oct 2019

Record at APM Terminals Barcelona

APM Terminals Barcelona has reached a new milestone in its history, breaking the record for movements during a call by registering 5,394 movements on the Millau Bridge ship, which belongs to The Alliance, the terminal's main service.It is the highest level of activity registered on a ship in the Catalan terminal since the arrival of the OOCL Brussels in 2017, when 5,323 movements were performed. A sustained productivity of 135.46 Berth Moves Per Hour was reached during the operation.Jordi Vidal, Operations Manager at APM Terminals Barcelona, is proud of the results achieved: "The APM Terminals Barcelona operational team has done an excellent job in the face of this new challenge…

03 Sep 2019

SMM 2020 Publishes Maritime Industry Report

File Image: SMM

“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative propulsion technologies and attractive niche markets.The year 2020 marks a major turning point in international shipping: On January 1…

30 Jul 2019

APM Terminals Hits Record in BMPH Servicing

The international container terminal operating company APM Terminals announced that its Barcelona unit has achieved a very high 150 BMPH (berth moves per hour) servicing a latest-generation vessel.The performance with new equipment confirms the increase in productivity and performance potential with 100% of its latest EUR 47 million investment now being operational, said a press note.With the latest investments implemented, APM Terminals Barcelona reinforces its position as a leader in the maritime business, offering one of the best productivity levels in the Mediterranean, with the newest equipment, the most cutting-edge technology and a customer-focused service always striving for maximum excellence…

25 Jul 2019

Lloyd’s Maritime Academy Courses Qualify for MATF Funding

Photo: Lloyd’s Maritime Academy

Lloyd’s Maritime Academy announced that people living and currently working in Hong Kong’s maritime sector can benefit from an 80% refund on nine of its courses as part of the Maritime and Aviation Training Fund (MATF) introduced by the Hong Kong Maritime and Port Board.The aim of the MATF is to build up a vibrant, diversified and competitive pool of professionals and technical personnel to support Hong Kong’s future development in both the maritime and aviation sectors. May 2019…

09 Jul 2019

Ford Named Operations Director at Wake Media

Andy Ford joins Wake Media as Operations Director.

Wake Media appointed Andy Ford as Operations Director effective July 1, 2019.Ford will be responsible for enhancing, managing and driving the company’s future growth strategy and operational efficiencies, focusing primarily towards serving their customer’s needs. To achieve, concrete, effective and measurable results, he will also introduce and manage their strategic marketing development and planning program.Ford started his career as a mechanical design engineer, moving into sales and marketing functions in 2009.

30 Jun 2019

Massport Board Appoints New CEO

The Massachusetts Port Authority (Massport) picked its port director, Lisa Wieland, to be its next Chief Executive Officer(CEO), bypassing the other finalist, a member of the city's power elite, for one of the most influential public-sector jobs in the state.Board of Directors voted to offer Wieland the position of CEO and Executive Director for a five-year term. Contract negotiations will occur at a later date.The search firm Isaacson, Miller sought a diverse candidate pool for the position and more than 100 applications were received. Members of the Board’s Preliminary Screening Committee interviewed 10 semifinalists, of which five were women and three were people of color.

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