Maritime Industry News

20 Oct 2019

IMO Unites Maritime Industry in London

Pic:  International Maritime Organization (IMO)

International Maritime Organization (IMO)  is the only United Nations agency based in London but the city itself is home to the headquarters and country offices of many other international organizations.Together, these form a group called the All London Based International Organizations, said the UN body.Although they deal with a host of different topics, ranging from maritime safety to molecular biology, there are many issues that unite them – for example, a high proportion of overseas staff and their families, living away from their home countries.

20 Oct 2019

Nakilat Posts 10.5% Surge in 9 Month's Net Profit

Pic: Nakilat

Qatari shipping and maritime company Qatar Gas Transport Company (Nakilat) reported a 10.5% year-on-year increase in net profit to QR728mn (USD 200 million) in the first nine months of this year.Nakilat, which has the largest LNG shipping fleet in the world, comprising 69 vessels, said in a press note that its positive financial performance can be primarily attributed to better operational performance in managing its liquefied natural gas (LNG) and liquefied petroleum gas (LPG)…

20 Oct 2019

Green Shipping Fuels of the Future

Pic:  International Maritime Organization (IMO)

Ammonia and hydrogen are promising potential fuels of the future in a de-carbonized shipping industry, which has to switch to alternative, zero carbon fuels in order to meet the targets set out in the initial  International Maritime Organization (IMO) strategy on reduction of GHG emissions from ships, an IMO symposium on sulfur 2020 and alternative fuels heard on Friday (18 October).Setting the scene, IMO's Edmund Hughes said the initial GHG strategy, adopted in 2018, had sent a clear signal that shipping will need to adapt.

18 Oct 2019

Boxship Fires: Time for Action, says IUMI

Helle Hammer, IUMI Policy Forum Chair

This year has already seen an alarming number of container ship fires including Yantian Express, APL Vancouver, Grande America, E.R. Kobe and KMTC Hong Kong.The escalation is of growing concern to IUMI (International Union of Marine Insurance) who used a recent forum to call for an urgent improvement to onboard firefighting systems.At a conference in Arendal, Norway, organised by marine insurer and P&I Club, Gard, and attended by IMO, flag states, shipowners, salvors, class, and insurers…

18 Oct 2019

Interview: Tore Morten Olsen, President Maritime, Marlink

“When the human element is considered, securing networks from cyber-attack is incredibly challenging.   Reducing human interaction with on board networks and computers by deploying a more standardized IT environment can minimize risks.”
-- Tore Morten Olsen, President Maritime, Marlink

Tore Morten Olsen, President Maritime, Marlink, discusses the pace and direction of high speed comms in maritime.Using metrics of your choice, put in perspective where we are today in terms of getting shipowners to adopt high speed communication solutions.The term broadband has been used in the maritime industry for at least a decade and if we are to follow the FCC’s definition which was upgraded to 25mbps from 4mbps (download) in 2015, then those high speed internet services are nothing of the sort.However, everything is relative.

17 Oct 2019

Rotterdam Port Strengthens Presence in India

Image: Port of Rotterdam Authority

The Port of Rotterdam Authority is intensifying its joint activities with parties in India. 'As one of the fastest growing economies in the world, India is investing heavily in the development of seaports, industrial areas and hinterland connections.The largest port in Europe will sign two Memorandums of Understanding (MoUs) with India, appointed an office and also supported the establishment of a maritime university that will partner with Rotterdam's institutions, marking the…

17 Oct 2019

U.S. Congressman Elijah Cummings Passes Away at 68

Congressman Elijah E. Cummings (CREDIT: Congress.gov)

At approximately 6:20 AM this morning, the Office of Congressman Elijah E. Cummings Released the Following Statement:At approximately 2:30 A.M. on Thursday October 17, 2019, Congressman Elijah E. Cummings (MD-07) passed away at Gilchrist Hospice Care, a Johns Hopkins affiliate, due to complications concerning longstanding health challenges. More details will be forthcoming.The energetic Cummings was best known in maritime circles for his time spent as chair of the Subcommittee on Coast Guard and Maritime Transportation where…

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…

15 Oct 2019

Cyber Hack: Fortifying Maritime, Port Security

© denisismagilov/Adobe Stock

The United States Coast Guard Marine Safety Alert 06-19 (USCG MSA 06-19) outlines a February 2019 incident aboard a deep draft commercial vessel that called on the Port of New York / New Jersey after experiencing a significant cyber incident that impacted their shipboard network. The Safety Alert stated in part:“An interagency team of cyber experts, led by the Coast Guard, responded and conducted an analysis of the vessel’s network and essential control systems. The team concluded that although the malware significantly degraded the functionality of the onboard computer system…

14 Oct 2019

Grandweld Shipyards Completes 35 Years

Image: Grandweld

Grandweld, a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions to serve the offshore and marine industry, has celebrated its 35th anniversary, which marked their continued excellence since its inception in 1984.The ceremony was attended by major industry key players, who have trust in the company’s outstanding deliveries and designs. Grandweld owns the most selling vessels, selling more than 60 Crew Boats of its GW42M design.In addition, the company employs over 800 professional engineers and technicians in shipbuilding and maintenance…

14 Oct 2019

INSIGHTS: Michael G. Johnson

Michael G. johnson, Sea Machines CEO & President

Sea Machines Robotics CEO & President.Michael Gordon Johnson is a marine engineer, an accomplished entrepreneur and sector leader with a primary goal of building progressive and sustainable innovation for modern society. He is the founder of Sea Machines, a Boston-based tech company that is a leading provider of autonomous control and intelligent perception systems for marine vessels. Johnson earned a marine engineering degree from Texas A&M University before starting a career focused on complex projects in offshore oil and gas, marine transportation and salvage.

14 Oct 2019

Danish Suppliers Facilitate Sustainable Transport

Photo: Danfoss

The global shipping industry is facing requirements for substantial reductions in emissions and for creating a more sustainable transport in order to meet UN’s Sustainable Development Goals. At Kormarine 2019, 15 Danish suppliers of marine technology and services will be exhibiting their solutions that can help shipowners accelerate the move towards sustainability. According to Mark Lerche, Head of Marine, Danish Export Association, organizer of the Pavilion of Denmark at Kormarine 2019…

14 Oct 2019

ABS Brings Together Taiwan's Industry Leaders

Photo: ABS

Taiwan’s maritime industry leaders met to debate decarbonization, digital technologies and the future of safety at the annual ABS Taiwan National Committee meeting.“As the leading class organization in Taiwan, ABS is able to call on the expertise of leaders to inform our approach to meeting industry challenges such as meeting IMO 2030 and 2050 objectives while ensuring safety standards are not compromised and keep pace with technological challenges,” said Christopher J. Wiernicki, ABS Chairman, President and CEO, who actively participated in the Committee program.

10 Oct 2019

South Africa to Have First Chemical Tanker Ship

Image courtesy: Sasol

Nduna Maritime, a subsidiary of the Mnambithi Group, and the integrated chemicals and energy company Sasol have invested in South Africa's first locally-owned chemical tanker with a funding agreement made through the Sasol Siyakha Trust.The Bow Cecil is claimed to be the first South Africa flagged vessel to transport chemicals to international markets. "We are particularly proud of this landmark agreement, as it is a significant investment into localizing and diversifying our supply chain.

10 Oct 2019

HII Expands Shipbuilder Academy Program

Pic: Huntington Ingalls Industries

America’s largest military shipbuilding company Huntington Ingalls Industries (HII) said that its Ingalls Shipbuilding division hosted a ribbon-cutting ceremony on Tuesday for its new Shipbuilder Academy site in Gulfport.Shipbuilder Academy was established in 2016 at Ingalls’ Maritime Training Academy with a mission to provide enrolled students with a strong foundation in the maritime industry and fill the current industry skills gap.Through a partnership with the Gulfport School District…

10 Oct 2019

Autonomous Ships, Opportunities & Challenges

Image: DNV GL

Maritime autonomous surface ship (“MASS”) technology continues to advance at a rapid pace around the globe. Although it’s not being embraced as quickly in the United States commercial market as other parts of the world, U.S. industry professionals and regulators look forward to continued development and implementation as a means to improve efficiency and safety.OpportunitiesThe U.S. Maritime Administration (“MARAD”) hosted “Achieving Critical MASS: Spotlight on the U.S. Vessel Automation Industry” July 22 and 23, 2019, encouraging discussion between U.S.

10 Oct 2019

ClassNK Promotes 'Getting to Zero' Coalition

Classification Society ClassNK is participating in the “Getting to Zero Coalition”, an international corporate coalition that promotes the de-carbonization of the maritime industry.The Getting to Zero Coalition is an alliance that aims to have commercially viable zero emission vessels powered by zero emission fuels operating along international trade routes by 2030 in order to accomplish the IMO’s goal of reducing GHG emissions from international shipping in half by 2050 compared…

09 Oct 2019

KOTUG, Horizon Maritime Form Canadian JV

Pic: KOTUG International B.V.

KOTUG International B.V. and Canada-based offshore vessels operator Horizon Maritime Horizon Maritime Services have formed KOTUG Canada, a joint venture company which will offer terminal and harbor towage services across Canada.The joint venture looks forward to developing a strong presence within the Canadian terminal and harbour towing market.The strategic partnership brings complimentary skills from each partner and the sharing of joint experience, expertise, and best practices…

09 Oct 2019

Cargill, Maersk & Mitsui to Collaborate on Emissions

Photo: Maersk Tankers

Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases (GHGs) within shipping. All three parties recognize the urgency required to tackle the global issue of climate change and are continually driving progress in their respective lines of business. Today, they are joining forces to accelerate these efforts and propel the maritime industry towards a more sustainable future.Together, the companies…

09 Oct 2019

Illinois Waterway Closures: Look for the Workaround

Starved Rock Lock, ACE Rock Island District (Credit: USACE)

A set of complicated lock-and-dam projects on the Illinois Waterway, from Chicago to the Mississippi, has yellow lights flashing throughout the Midwest freight industry. In effect, the entire Waterway will be shut down next summer as the Army Corps of Engineers, Rock Island Division, starts some hefty replacement and maintenance projects, from LaGrange to Brandon Road locks and dams.Officials advise maritime, freight and agricultural businesses to look ahead now, to prepare a logistics scenario that will be ready by July 1, 2020.

06 Oct 2019

OSM Appoints New Chairman amd CEO

Photo: OSM Maritime

OSM Maritime Group, the provider of full service solutions to the Offshore and Maritime Industry, announced that it has appointed Tommy Olofsen as the Chairman.Tommy will in his new role, in addition to his current responsibilities, be responsible for strategic development, business relations and have a special focus on preserving and developing the OSM DNA and our core values, it said. Tommy will continue to be based in Arendal, Norway, the ship management company said.Bjoern Sprotte will be appointed CEO of OSM Maritime and be overall in charge of all day-to-day operations of the Group.

03 Oct 2019

NYK Joins Green Vessel Coalition

Image: NYK

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has joined the Getting to Zero Coalition, a partnership among the Global Maritime Forum, the Friends of Ocean action, and the World Economic Forum that builds on the Call to Action in Support of Decarbonization launched and signed by more than 70 leaders from across the maritime industry and financial institutions.The Coalition is committed to getting commercially viable deep-sea zero-emission vessels powered by zero-emission fuels into operation by 2030 to realize the IMO’s ambition to reduce GHG emissions…

03 Oct 2019

"Green" Ammonia's Future as a Marine Fuel

Longyearbyen is the largest town in Svalbard and may become one of the first large scale consumers of green hydrogen or ammonia produced from wind farms in Finnmark. Photo credit Visit Svalbard.

Ammonia, the same pungent solution used in fertilizers and cleaning agents, may one day be the key to transporting renewable energy around the world. There are currently a number of government and corporate projects assessing the feasibility of converting excess renewable energy from sources like wind, solar, tidal and nuclear into ammonia and then back into usable energy.In its purist form, ammonia or NH3 is composed of one nitrogen and three hydrogen atoms making it an ideal candidate to chemically bind excess renewable energy.

Maritime Reporter Magazine Cover Oct 2019 - Marine Design Annual

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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