Maritime Autonomy: Sea Machines Gets a $10M Investment
While there remains much debate as to what an autonomous future looks like in the maritime sector, one company, Sea Machines, is helping to pace the field with product development, partnerships and investment.Sea Machines Robotics announced today that it had closed a $10 million Series A investment led by Accomplice VC, with participation from several corporate titans including Toyota AI Ventures; Brunswick Corp., through investment partner TechNexus Venture Collaborative; Eniac Ventures…
ClassNK: New Guidelines for Vehicles Carriers
Classification society ClassNK has released its Guidelines for Vehicles Carrier Structures, specifying the technical requirements specifically related to the structural strength assessments of vehicles carriers by using direct calculation.Vehicles carriers are designed with a minimum number of transverse bulkheads and partial bulkheads in order to increase cargo handling efficiency as well as to permit more vehicles to be loaded on board; this, however, means that the structures of such ships are fairly susceptible to racking deformation.
SeaBird Exploration Cancels Munin Explorer Charter
Marine seismic survey provider SeaBird Exploration has entered into a settlement agreement with Ordinat Shipping AS, the owners of Munin Explorer, for the termination of the charter party agreement and redelivery of the vessel. The transaction is conditional on the fulfilment of certain preconditions and is expected to be approximately cash neutral to the company in 2018 and 2019. The company is estimating that the transaction will save in excess of $2 million over the term of the contract, including the forgiveness of the $2.4 million charter hire payment due 30 June 2020.
Charting the Next 100 Years of Naval Station Norfolk
What does the future hold for Naval Station Norfolk, the world’s largest naval station? Building on the accomplishments of the last 100 years, leading experts will consider the possibilities and navigate toward a secure and sustainable future at the upcoming symposium, Naval Station Norfolk: Charting Our Next 100 Years, Friday October 20th at the Main, hotel and conference center. The Future Fleet Design session will be conducted by VADM Richard P. Breckenridge from 9:00 a.m. to 10:30 a.m.. The session will discuss the USFF Fleet Design Plan that will drive the implementation of Fleet Design by 2023. The presentation on Fleet Design will define how the fleet…
Wärtsilä Opening ‘Digital Acceleration Centers’
Wärtsilä has set out to accelerate new business ideas using a collection of “Digital Acceleration Centers” (DAC) scattered around the globe. The first DAC in Helsinki has been running in beta for several months and was officially launched today, and will be followed by the second to open in Singapore in December, as well as one in Central Europe and one in North America anticipated during 2018. Additional “pop-up” DACs will be tested with customers at other locations. Wärtsilä said opening the DACs is part of its digital transformation, which aims to help the company shift toward a data-driven, insights led, smart technology. Wärtsilä's Chief Digital Officer, Marco Ryan, explained, “The Digital Acceleration Center is all about getting business outcomes at pace.
Landay Named SAFE Boats’ Board Director
SAFE Boats International announced that Retired Vice Admiral William E. “Bill” Landay III has been appointed as a Director of the Board at SAFE Boats International. Vice Admiral Landay retired in 2013 after more than 35 years of naval service. His final assignment was as Director of the Defense Security Cooperation Agency (DSCA) from August 2010 until September 2013. DSCA oversees the U.S. Government's Foreign Military Sales (FMS) program and is responsible for the sale of arms, defense technologies, training and other services to foreign governments.
Full Steam Ahead for Navy's Science
The Office of Naval Research (ONR) has begun a new era, as Rear Adm. Mathias W. Winter-a decorated aviator with advanced degrees in both computer science and national resource strategy-was sworn in as the chief of naval research (CNR). Winter officially took the helm of ONR, the organization that leads Navy and Marine Corps research efforts, during a change-of-command held on Dec. 30. The ceremony was held at the Pentagon and officiated by the Honorable Sean Stackley, assistant secretary of the Navy (research, development and acquisition).
Subsea Defense & the Changing Paradigm of Submarine Programs
Technology and dynamic mission profiles have driven change in the defense industry, Hydro Group Plc Managing Director Doug Whyte, explores the changing paradigm of submarine programs, an evolving market he has experienced first-hand, with over 30 years at the helm of his own innovative subsea design and manufacturing group. My original business partner, Mike Redstone, previously worked for Vickers Slingsby which was involved quite extensively with the Ministry of Defense (M.O.D.). At that time, in the late seventies, close involvement with the M.O.D. was commonplace.
Pushing the HPHT Envelope
With demand for hydrocarbons increasing and costs rising, the E&P industry is also facing numerous technical challenges including the development of High Pressure – High Temperature (HPHT) reserves. HP / Extreme HP typically refers to borehole pressures between 10,000 psi and 20,000 psi whereas HT / Extreme HT refers to borehole temperatures between 300 degrees Fahrenheit and 400 degrees Fahrenheit. Pressures and temperatures outside these ranges are referred to as “Ultra-HPHT”, which represents the absolute limits of current technology. While the HPHT term is widely used, it should be noted that pressure and temperature do not always correlate: in Thailand many wells have extremely high temperatures without correspondingly high associated pressures.
Drilling Deep: Pushing the HPHT Envelope
With demand for hydrocarbons increasing and costs rising, the E&P industry is also facing numerous technical challenges including the development of High Pressure – High Temperature (HPHT) reserves, explains energy forecasters, marine market researchers & renewables analysts Douglas-Westwood in 'DW Monday'. HP / Extreme HP typically refers to borehole pressures between 10,000 psi and 20,000 psi whereas HT / Extreme HT refers to borehole temperatures between 300 degrees Fahrenheit and 400 degrees Fahrenheit.
HII Hosts Defense UnderSec Frank Kendall
defense for acquisition, technology and logistics, for a tour of the company's Newport News Shipbuilding division. Kendall visited the shipyard to learn more about cost-reduction efforts and to see the construction progress on the aircraft carriers Gerald R. Ford (CVN 78) and John F. Kennedy (CVN 79). Sean J. Stackley, assistant secretary of the Navy for research, development and acquisition, and Rear Adm. Thomas Moore, program executive officer, aircraft carriers, joined HII President and CEO Mike Petters…
ABS Announces Investments in Singapore
ABS announced investments in Singapore that will strengthen engineering and survey capabilities and lay the foundation for strategic global initiatives. Recognizing the growing role played by Singapore in the marine and offshore industries, ABS is expanding its operational workforce, increasing research and development (R&D) efforts and establishing a Global Performance Center in Singapore. "ABS has worked alongside industry, academia and government in Singapore for more than 50 years," said ABS President and CEO Christopher J. Wiernicki.
CA ARB to Enforce Harbor Craft Rules
ARB has received United States Environmental Protection Agency (U.S. EPA) authorization to enforce the Commercial Harbor Craft Regulation, including new and in-use engine emission limits. In 2007, the California Air Resources Board (ARB) adopted the Commercial Harbor Craft Regulation (CHC regulation), which has reporting, recordkeeping, and monitoring requirements, in addition to requirements for both new and in-use engines. ARB was required to request authorization from the U.S. EPA to enforce the new, in-use, and best available control technology requirements. On December 15, 2011, the U.S. EPA authorized ARB to enforce these provisions of the CHC regulation. ARB will begin enforcing these provisions on August 1, 2012.
One Voice: CESA & EMEC Unite
One voice for the European Shipbuilding and Maritime Engineering and Manufacturing Industry. The European shipbuilders and the maritime engineering and manufacturing companies share common interests, concerns and policy objectives. They serve global, highly competitive markets with the highest technology requirements. Under the given conditions, European enterprises succeed based on know-how, innovation, productivity, quality, service and full customer satisfaction. This is only possible with a well-trained and highly motivated workforce and with framework conditions allowing global competition on a level playing field. Close, effective and trustful cooperation along the maritime value chain is the key to excellent products and mutual benefits.
Technip Nets Petrobras Equipment Agreement
Technip was awarded a 5-year frame agreement contract from Petróleo Brasileiro S.A. (Petrobras) for the supply of around 1,400 kilometers of flexible pipes. The contract is effective today with supply starting in 2013 and orders are guaranteed for at least 50% of the total value, which is currently estimated to be worth around US$2.1 billion. The scope of the contract includes the manufacture of over 150 types and diameters of risers(1), flowlines(2) and associated equipment and accessories. Deliveries under this frame agreement will be spread over the contract period and order intake recognition will progress as specific work orders are confirmed.
Shipyards Expect Painful Correction Period
Just at a time when Europe discovers the vast growth opportunities linked to new technologies for the sustainable use of the oceans and seas, the key maritime sectors face their deepest slump ever. Driven by ill-informed speculation, massive overcapacities have built up in global shipping and shipbuilding. All three main markets for standard ships, containerships, bulk carriers and tankers, are substantially oversupplied. While shrinking cargo volumes cannot fill existing ships, the orders for new ships placed over the recent years trigger a global fleet growth of nearly 50% by 2012. Now buyers and their bankers challenge signed contracts and urging shipyards to accept delays and cancellations or face prolonged order draught.