As Empire State VII, the first in series of the National Security Multi-Mission Vessel (NSMV) – the purpose-built, state-of-the-art training ships for the state maritime academies – get post-sea trial touch ups at Philly Shipyard, Maritime Reporter TV visits with Captain Morgan McManus, she ship’s master, to discuss this ships new technologies and facilities that will be instrumental in teaching a new generation of seafarers.
Latest advances in digital technologies and faster, cheaper connectivity walk hand-in-hand as vessel owners of all sizes aim to cut fuel consumption, cut emissions and increase efficiencies. AST is aiming to do both, offering connectivity plus a suite of productivity solutions developed with its customers, for its customers. We recently visited with AST CEO Andrew Peters for an update.
“Nothing will ever be the same” in the container shipping sector, says Xeneta Chief Analyst Peter Sand, as post-pandemic logistics, coupled with changing trade patterns and geopolitical conflict continue to reshape the container shipping industry today. Next up: a massive influx of new container shipping tonnage and capacity, with the world fleet projected to grow nearly 6% both this year and next.
There is no relief in sight for container shipowners, as the container rates sank to a two-year low according to Xeneta’s Shipping Index, down 9.5% since June 2022; down nearly 58% from the same period in 2022. With trade patterns changing and a glut of new tonnage coming into the market in 2023/24, the downturn could continue for a long time. Emily Stausbøll, Market Analyst, Xeneta discusses the current market drivers with Maritime Reporter TV.
As debate rages over the use of Artificial Intelligence across industries, Orca AI’s ‘intelligent’ safety platform for the maritime industry leverages AI and the cloud to help prevent collisions, and the tech solution is gaining steam with some big name influencers around the maritime world.
With a thicket of new, emerging and ever-tightening regulations being put on shipowners to monitor, manage and reduce emissions, organizations like ABS Wavesight are well-positioned to help. Paul Sells, CEO, ABS Wavesight, discusses how his organization works with organizations across the maritime spectrum to help them understand the value and ROI on an investment in digitalization solutions.
Tumult in the container shipping sector continues, as geo-political conflict, the climate and labor issues continue to define the major trade routes. In this edition of Container Shipping Outlook, Xeneta’s Chief Analyst Peter Sand discusses how the United States has emerged (over China) as the top spot for South Korean goods; the Far East to South American East Coast spot rates have jumped 49%; and how lack of water and resulting draft restrictions are impacting the flow of goods through a major supply chain choke point, the Panama Canal.
NAVTOR CEO Tor Svanes – “Mr. ECDIS” – is a long-tenured innovator in the maritime space. On the sidelines at NorShipping he discusses everything, from effectively managing and using increasing amounts of data to helping ship owners manage more complex and stringent emission regulations.
From technology to technique, shipowners are searching the best paths to meet ESG and decarbonization goals. Driven by banks, insurers and charterers, the choices are not simply ‘for a better planet’ rather a business imperative. We caught up with Panos Koutsourakis, VP Global Sustainability, ABS in Oslo at Nor-Shipping 2023 for his insights on the importance of captain and crew in the sustainability discussion; the tough choices to be made on future fuels; and the growing importance of carbon capture and storage (CCUS).
Just six months occupying the top seat at Survitec, Maritime Reporter TV caught up with CEO Robert Kledal at Nor-Shipping 2023 in Oslo, for insights on the direction and pace of this ubiquitous maritime safety company.
Roberto Chiesa, Head of Business Development, GF, discusses the rationale for the opening of a new piping facility in South Florida.
Data at sea is increasing, helping to rapidly change the experience at sea, from more efficient ship operations to positive impact on seafarer health and welfare. David Hag, VP Sales, KVH, discusses KVH’s role in the market.
As the marine industry experiments with alternative fuels to hit ever stricter emission targets, Serge Dal Farra, Global Marketing, Manager Lubmarine, discusses work being done today that will help smooth the path toward 2050.
Garry Noonan, Director, Innovation, Ardmore Shipping, is candid in his discussion of emerging technologies and their impact on fuel and emissions reductions. With a fleet of product and chemical tankers under his watch, Noonan gives insights on technologies that he has seen work, as well as his thoughts on the fuel transition, which he believes won’t become mainstream until we’re well into the 2030s.
As the quality and speed of connectivity at sea continues to advance, Peter Broadhurst, SVP, Safety & Regulatory, INMARSAT, argues that the time is now for ship owners to act: to embrace digital transformation and to increase the uptake of communication services in the name of ship and fleet efficiency and decarbonization efforts.
Waterjet manufacturer Marine Jet Power is on a mission to ensure that its family of marine propulsion solutions are well-suited to fulfill the needs of boat owners, helping in the ongoing quest to cut carbon emissions and deliver reliability to critical markets, including fast ferries, military boats and offshore wind vessels. The company's global sales director, Robert Magnusson, chats with Maritime Reporter TV from the Nor-Shipping exhibition floor in Oslo.
The container shipping boom during the COVID years has come to an abrupt halt, and ship owners have yet to find the bottom of the market. Peter Sand, Chief Analyst, Xeneta, offers insights on current challenges, including draft restrictions at the Panama Canal and sharper than expected declines in the trans-Atlantic trade.
BSEE Director Kevin Sligh Sr. discusses the myriad of challenges and opportunities ahead as the government agency integrates oversight of the U.S. offshore wind build out, targeting 30GW of offshore wind power by 2030 and another 15GW from floating wind by 2035.
With two decades of engineering background, Elyette Roux today leads the Sales, Marketing, Communications & Transformation division at Nexans. She discusses the vast opportunities for women in leadership positions at technical companies in the maritime and offshore energy sectors.
C-Job CEO Job Volwater discusses the design of Great Lakes Dredge & Dock’s new hopper dredge Galveston Island.