Big data - News
Kpler, a data and analytics platform for trade intelligence announced its acquisition of Spire Maritime, a prominent provider of satellite-powered data for real-time global vessel tracking. This strategic move aims to enhance Kpler’s maritime coverage and deliver unmatched insights into global vessel movements and shipping logistics. Real-time visibility and analytics Mark Cunningham, CEO of Kpler, emphasised the impact of this acquisition, “By acquiring Spire Maritime, we will ma...
A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalisation, if it enables innovation and new technologies. The sector’s appetite to take on emerging risks arising from digital transformation is notably higher than other critical infrastructure industries including energy, manufacturing, and healthcare. Cybersecurity risk The industry’s increasing appetite for cyber risk c...
Lloyd’s List has been the trusted source for news and intelligence about the global shipping industry for nearly 300 years. Now its award-winning journalism and expert analysis are available instantly, anywhere, with the launch of the new Lloyd’s List App. Available on the App Store for iOS users and Google Play store for Android devices, the new Lloyd’s List App has a suite of customisable features to keep users connected to the trends, issues and events that matter in...
MacGregor, part of Cargotec, has launched a new free-of-charge digital Carbon Calculator to help container shipping companies estimate the carbon dioxide emissions they can eliminate by upgrading their onboard container cargo system with MacGregor Cargo Boost. Cargo Boost solution By maximising container-carrying capacity on board existing ships, the Cargo Boost solution has been shown to increase average cargo system utilisation from conventional rates of 80% to 90%, or even 100%. Across a 1...
The Baltic Exchange has launched a Know-Your-Customer (KYC) platform to give the maritime sector greater access to company data to support informed decision-making and meet increased regulatory obligations. KYC platform KYC is a regulatory requirement in the banking and financial services sectors to ensure businesses do their due diligence on customers to prevent fraud, money laundering, and terrorism financing. With shipping a vital part of global commerce, the need to manage the risk of fra...
With its many peninsulas and bays, coves, and small headlands, the UK coastline is a complex stretch of land to monitor and patrol. Traditional coastal surveillance methods utilising patrol aircraft and vessels are very expensive and non-persistent. However, big data and machine learning (ML) are providing a solution, lowering the cost of these tasks and transforming the way the coastal maritime activity is monitored, analysed, and responded to by agencies and governments. AI-powered maritime...
Global law firm - Norton Rose Fulbright has advised ABN AMRO and National Australia Bank (NAB) on their arrangement of acquisition financing for Celsius Shipping (Celsius) and Basalt Infrastructure Partners (Basalt) to acquire two LNG carriers. Celsius and Basalt formed a new joint venture for the acquisition of the two state-of-the-art vessels – the Celsius Copenhagen and Celsius Carolina – which were built in Korea and operate using the latest, most fuel-efficient propulsion techn...
Watson Farley & Williams is pleased to announce the publication of the third edition of The Law of Ship Mortgages, written by Partner Charles Buss, recently retired Partner - David Osborne and Knowledge Counsel - Joanne Champkins. Described as the definitive text on English ship finance law, the first edition was published in 2001 and has been well-received ever since. Impact on shipping This third edition was written with the ever-increasing sanctions and their impact on shipping and shi...
ClassNK granted its ‘AFVC(FD)(EV)’ notation to ‘POSITIVE CHALLENGER’, a car carrier operated by EASTERN CAR LINER, LTD. and managed by ECL Shipmanagement Limited, for vessels equipped with additional firefighting measures for transporting electric vehicles (EVs). Shipping companies are implementing various measures to address EV fires, which raise concerns due to difficulties in extinguishing and the risk of re-ignition. Characteristics of EV fires To support th...
Iridium Communications Inc., a globally renowned provider of global voice and data satellite communications, has announced its collaboration with Nordic Semiconductor for early integration of its Iridium NTN Direct℠ service into Nordic's LTE-M/NB-IoT modules and chipsets. Nordic Semiconductor is a global major in low power wireless connectivity solutions, including cellular IoT (LTE-M, NB-IoT), Wi-Fi, Bluetooth LE, and Thread and is trusted by world’s major brands across the consumer, ind...
Vard, a Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialised vessels, has signed a new contract for the design and construction of one tailor-made Commissioning Service Operation Vessel (CSOV) for Navigare Capital Partners. This contract, established in close collaboration with Norwind Offshore, is a continuation of Vard’s long-standing relationship with the two parties and represents the first option to be exercised from the...
Hoppe Marine GmbH (Germany) and Metis (Greece) have entered into a strategic cooperation in the field of onboard Data Acquisition. More specifically the cooperation ensures the seamless integration of Hoppe’s data collection systems with the Metis cloud-based performance management platform. This partnership aims to expand the use of high-frequency data analytics in vessel performance management, offering customers greater flexibility for real-time monitoring and strategic decision-making...
Bronze bearings in the stern roller of the Anchor Handling Tug Supply (AHTS) Vessel ES Kestrel have been replaced with grease-free SXL bearings from Thordon Bearings while the vessel remained afloat and operational. The replacement was undertaken in May 2024 by Thordon’s Dubai-based distributor Ocean Power International (OPI) for the AHTS owner Echo Cargo & Shipping of U.A.E. While typically checked during routine drydocking, the vessel’s stern roller was experiencing turning is...
The International BoatBuilders’ Exhibition and Conference (IBEX), North America’s premier technical trade event for the recreational marine industry announced that it has hired Aaron Porter as Editorial Director. Porter is a Maine-based maritime journalist and sailor who was the editor of Professional BoatBuilder magazine for the last 14 years. Facets of the marine trades With a background reporting on fisheries and the boatbuilding industry in Maine and Maritime Canada, and sail...
The event, organised by the industry’s regional cluster organisation, and hosted by CEO, Ruth Wood, in collaboration with Peel Ports Group and Connected Places Catapult, was hosted in the iconic location of the Liverpool City Region’s Combined Authority at Mann Island. Maritime Minister, Mike Kane MP, gave the keynote address, his first major speech in his new role at the Department for Transport, and panellist contributions were received from Stephen Carr, Chief Commercial Officer...
OrbitMI has been named in the Thetius 150 ranking of the most innovative companies in the maritime industry for 2024, recognising the NYC-based software firm’s pioneering role in integrating data technologies to break down barriers to digital transformation. Maritime intelligence and analytics The provider of maritime intelligence and analytics solutions is listed among the top 50 innovative small and medium enterprises (SMEs) – commercial organisations more than five years o...
Helm Operations and Caterpillar Marine have announced a strategic collaboration to enhance workboat operations by integrating advanced engine data with industry-renowned software. Combining the strengths of Helm CONNECT's fleet management software and Caterpillar's engine technology, this collaboration sets a new standard for informed decision-making and operational efficiency in the maritime industry. Performance optimisation Helm Operations, a maritime technology major for over 25 years, fo...
Data, digital twins and artificial intelligence are going to reshape everything in maritime from regulation to operating procedures challenging the industry to respond to a new safety protection frontier. That was the message from Christopher J. Wiernicki, ABS Chairman and CEO in a wide-ranging keynote address at the Capital Link Shipping and Marine Services Forum in London. Unintended safety consequences Christopher J. Wiernicki said, "AI’s ability to generate real-time insights, risk...
Technology group - Wärtsilä has been awarded the prototyping tender for the revolutionary Next Generation Vessel Traffic Management System (NGVTMS) project by the Maritime and Port Authority of Singapore (MPA). This initiative is set to transform maritime safety and efficiency at one of the world's busiest ports. The order was booked by Wärtsilä in Q3 2024. AI-enabled solutions As Singapore continues to elevate its status as a global maritime hub, the increasing traf...
The Oil Companies International Marine Forum (OCIMF) has successfully transitioned the marine industry to its digitalised version of the Ship Inspection Report Programme (SIRE 2.0). Vessel operators are now only able to request tanker inspections that use the SIRE 2.0 Compiled Vessel Inspection Questionnaire (CVIQ) which is completed on a tablet device by accredited SIRE 2.0 inspectors. SIRE 2.0 Question Library These inspection reports will enable marine assurance teams to conduct more in-de...
OrbitMI, a global provider of maritime intelligence and analytics solutions, is pleased to announce the appointment of Tobias Constien as its new Director of Product Management, effective April 2024. Tobias Constien brings experience in maritime technology, with a robust background in digital transformation, product strategy, and innovation within the sector. Digitalisation and sustainability Tobias Constien joined OrbitMI from zero44, where he played a role in advancing digital initiatives a...
Veracity by DNV and INTERTANKO announces partnership, enabling DNV emissions verification customers to seamlessly share their data with INTERTANKO, further supporting the tanker industry in its decarbonisation efforts. The partnership between Veracity by DNV and INTERTANKO represents an advancement in the use of verified emissions data by making it easier for tanker operators to share emissions data directly with external stakeholders, reducing their administrative workload. ...
Florida’s Lake Worth Drainage District (the District) is a case study in maximising the potential of SmartCover’s remote monitoring technology by leveraging satellite communication. The District provides comprehensive flood control, water conservation and water supply protection for 13 municipalities, serving more than 750,000 residents. The District monitors and controls a complex system of approximately 500 miles of canals, 20 major water control structures and numerous minor stru...
Teledyne Gavia announces the significant expansion of its Engineering and Production facilities in Kopavogur, Iceland, in response to the increased demand for both low logistics Gavia class systems and larger Osprey and SeaRaptor Autonomous Underwater Vehicles (AUVs). To meet this growing demand, Teledyne Gavia has more than doubled the size of its manufacturing facility and significantly increased its staff in engineering, manufacturing, and support roles. These enhancements will bolster opera...
Cell Design Bahamas Ltd, one of the renowned ICT services company in The Bahamas, added satellite services to its portfolio by signing a significant distributorship agreement with MetOcean Telematics (MetOcean). Met-Ocean is a prominent global Iridium Satellite Value-Added Reseller (VAR) focused on Iridium hardware solutions, data services, and support. MetOcean is a pioneer in the satellite communications industry. This partnership opens the doors for them to pioneering satellite services bein...
The UK Chamber of Shipping’s new conference Shipping UK, and London International Shipping Week. (LISW) have announced a partnership as Supporting Organisations for the coming future. Both parties have agreed to support each other with marketing and PR support to help establish Shipping UK and help grow LISW domestically as well as internationally. Shipping UK Llewellyn Bankes-Hughes, CEO and co-founder of LISW said, “The UK Chamber of Shipping originated almost 150 years ago an...
NSSLGlobal, an independent full-service project engineering, Satcom, and systems integrator, is celebrating its 55th anniversary, marking more than half a century of developing innovative technology solutions for the government and maritime mobility markets. Satellite solutions Established in 1969, NSSLGlobal has a proud heritage of providing best-in-class satellite solutions. NSSLGlobal’s ongoing commitment to innovation and helping customers solve their communication challenges wherev...
SD Government, SD company and 2020 Independent Teleport Operator of the Year, now supports more satellite constellation providers, and their customers, than any other global provider following completion of a high throughput terrestrial upgrade. The enhancement of the Tier 4 certified teleports located in Santa Paula, CA., and Southbury, CT. strengthens the already extensive redundancy of the infrastructure and expands the transmission pathway capacity for companies launching satellites into LE...
Cochin Shipyard Limited (CSL), the premier shipbuilding and repair company in India, delivered the 15th Electric Hybrid 100 Pax Water Metro Ferry BY 126 to Kochi Water Metro. The occasion was marked by the Delivery Protocol Signing ceremony held at CSL, in the presence of Directors of KMRL and CSL, along with senior officials from KMRL, CSL, DNV, and IRS. Shri. Harikrishnan S, Chief General Manager CSL, and Shri. Shaji P. Jananardhanan, Chief General Manager KMRL, signed the protocol document o...
Babcock and the Polish Naval Academy in Gdynia, Poland, have announced that they are set to collaborate on an exciting new programme of professional internships following the signing of a Memorandum of Understanding (MoU) and Cooperation Agreement. The MoU outlines the intent for Babcock to work in cooperation with the Polish Naval Academy to facilitate future academic collaboration, underpinning Babcock’s global commitment to skills development. Future academic collaboration This summe...