Cyber security - News

Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter (from July 2024 to September 2024). The revenue for FY2024 2nd quarter was USD 5,864 million, up 65% from the same quarter of the last year, with a net profit of USD 1,999 million (YoY +USD 1,812 million). The Asia-North America and Asia-Europe trades have experienced strong demand, driven by consistent consumer demand and an early peak season in July and August. In addition, early shipments in the North Ameri...

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...

The Brun Bear Foundation, a registered charity established by Edwin Lampert, executive editor of Riviera Maritime Media, is pleased to announce the launch of “Mealtimes With My Maritime Friends.” This unique cookbook celebrates the global maritime community while raising funds for important causes. Featuring 60 inspiring recipes from around the world, contributed by prominent figures in the maritime industry, this book offers a taste of maritime culture alongside the personal storie...

SRT Marine Systems plc (SRT), a global provider of maritime domain awareness systems and technologies for security, safety, and environmental protection, is pleased to announce that it has agreed a substantial investment and short-term finance bridge support package from existing shareholder Ocean Infinity (OI), worth approximately £31 million.   Finance support package This new financing allows SRT to immediately satisfy the need for the substantial performance bond required under...

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...

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Inmarsat Maritime, a Viasat company, are pleased to announce that “K” LINE will conduct a trial of Inmarsat Maritime's new bonded network service NexusWave on “K” LINE's fleet. NexusWave seamlessly integrates multiple high-speed networks in real-time to enable high-speed, always-on ship-to-shore communications, thereby enhancing digitalisation of ship operation and environmental response, as well as the welfare of se...

Telesat, one of the world’s largest and most innovative satellite operators, and Intellian, a pioneering provider of feature-rich, future-proof satellite communications solutions, announced a contract award for Intellian to design, supply, install, and integrate 127 Gateway Antenna Systems at Landing Stations for the Telesat Lightspeed Low Earth Orbit (LEO) constellation. Intellian’s 4-metre Gateway Antenna System has been meticulously engineered to optimise tracking precision and h...

ship.energy Limited is excited to announce that it is ready for the Marine Energy Transition Forum 2024 (#METF24)! Taking place on 22 October at the iconic Port House in Antwerp, this highly anticipated event will bring together renowned voices from the maritime industry for dynamic and thought-provoking discussions on the future of marine fuels and ship technology.  #METF24 At #METF24, delegates will explore how critical factors, such as vessel type, operating routes, and profiles...

ship.energy is proud to present ARACON 2024, the globally renowned event for the Amsterdam-Rotterdam-Antwerp (ARA) bunkering and maritime industries, which will take place on 24-25 October 2024 in the dynamic city of Rotterdam. As the pre-eminent conference in the ARA region, ARACON 2024 will bring together top decision-makers, marine fuel suppliers, shipowners, operators, and key stakeholders to explore the latest developments in bunkering, decarbonisation, and maritime regulations. With a r...

Kongsberg Discovery demonstrated the ability of advanced hydroacoustics to illuminate the world beneath the waves with a detailed, efficient, and comprehensive inspection of the historic Lower Harbor Ore Dock at Marquette on Lake Superior. Lower Harbor Ore Dock The iconic structure, a pivotal point for the transportation of iron ore from Michigan mines right across the Great Lakes region, dates back to the late 19th century.  Kongsberg Discovery’s 21st-century multibeam sonar and i...

ABS helped bring together industry and government pioneers for a U.S. Maritime Strategy Workshop to help stakeholders align on key policy and commercial priorities. This was the third in a series of workshops organised to inform a U.S. national maritime strategy and was done in collaboration with the U.S. Federal Maritime Commission (FMC), the Office of Senator Mark Kelly, and the Office of U.S. Representative Michael Waltz. Challenges and recommendations The U.S. maritime industry faces seve...

The two men heading Hapag-Lloyd and Maersk into the new Gemini Cooperation joined together on stage at the Xeneta Summit in Amsterdam to reinforce their confidence in the new alliance achieving its ambition of 90% service reliability. The Gemini Cooperation, which comprises the two ocean container shipping giants, will begin operating on 1 February 2025, with a new hub and spoke approach of mainliner and transshipment services designed to increase reliability. 90% service reliability Rolf Hab...

Procureship, a provider of the world's renowned digital e-procurement platform, has signed a deal with Norwegian shipowner and operator - BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers. The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to bolster is purchasing capabilities. This will allow the Norwegian shipowner to optimise procurement...

ABS has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras floating production, storage and offloading (FPSO) unit. The ABS solution will provide a digital twin of the asset, and as part of the project, ABS has selected Akselos S.A. to deploy the Akselos Structural Performance Management software that will be evaluated over the course of a year by monitoring one of the four FPSO units in the Cessão Onerosa oil field. Life ex...

Industry pioneers at the Xeneta Summit 2024, in Amsterdam, the Netherlands, have been told ocean container shipping must harness the power of machine learning to protect supply chains in an increasingly complex and volatile market. In a keynote speech to announce Xeneta’s new in-platform Ocean Market Rate Outlook, Chief Product Officer - Fabio Brocca explained how machine learning will transform the way freight is bought and sold by predicting market movements on the world’s major c...

Iridium Communications Inc. a provider of global voice and data satellite communications, announces the Space Development Agency (SDA) has awarded the General Dynamics Mission Systems (GDMS) and Iridium team a $491.6 million contract modification in support of its Ground Management and Integration (GMI) program for the Proliferated Warfighter Space Architecture (PWSA). Of this amount, Iridium's share has a value of $239 million over five years. This award follows an initial Operations and Inte...

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...

WEG and Eletrobras were present at CIGRE Paris 2024, where Engineer - Mateus Alexandrino, from the Transmission Department of the Vice-Presidency of Engineering and Expansion of Eletrobras, made a presentation about the reliability of protection, automation and control systems (PACS) associated with redundancy and system condition monitoring. WEG and Eletrobras partnership The work between WEG and Eletrobras addresses the modernisation process of the Itajaí substation, located in southe...

The Panama Canal was emphasised as a key player in global trade during the New York Maritime Forum (NYMF). The Canal Administrator, Ricaurte Vásquez Morales, presented the achievements reached in fiscal year 2024 (FY-2024), which has optimised the reliability and sustainability of this maritime route. In his speech, Ricaurte Vásquez Morales shared official data for FY-2024, highlighting some of the operational accomplishments of the Panama Canal during a year of particular attenti...

They were proud to attend an event on Sunday 13 October to mark the commencement of rail services at Belfast Grand Central Station after playing a major role in the construction of the new rail infrastructure at the world-class transport hub. Now Ireland’s largest state-of-the-art integrated station for train, coach and bus travel all under one roof, the new station provides enhanced local and international connectivity across Northern Ireland, Republic of Ireland and beyond, transforming...

Vestdavit is boosting sales of its in-demand lightweight aluminium davits to the naval segment with a further order for four PLAR-6501 systems to be delivered to a pair of Evolved Cape-class patrol vessels under construction at shipbuilder - Austal Australia for the Royal Australian Navy. The latest contract brings the number of PLAR davits supplied to the Cape and Evolved Cape-class vessels for the Royal Australian Navy to a total of 20. Boat launch-and-recovery systems “The operationa...

In a significant step towards sustainability and emission-free energy sources on board, Offshore Supply Vessel Coastal Liberty has set sail on the waters of the Wadden Sea. With the clear aim of minimising the environmental impact of its activities and driving forward the energy transition, the shipping company has decided to switch to green hydrogen as its main source of energy. End of February 2024 the refitted OSV received class certification by DNV for its newly installed hydrogen system on...

RightShip, the digital maritime platform providing expertise in safety, sustainability, and social responsibility practices announced a change in its vessel inspection age trigger. Vessel inspection In response to evolving market conditions and continuing safety risks in the Dry Bulk and General Cargo sectors, RightShip will implement a phased approach to require inspections of vessels at an earlier age. This change reflects the organisation’s continued commitment to improving safety st...

Serco PLC has joined the UN Global Compact, the provider of services to governments internationally announced today. The Compact is an initiative where companies align their strategies and operations with ten principles related to human rights, labour, environment and anti-corruption, and take actions that advance society and deliver the UN’s sustainability goals. Greater environmental responsibility The move aligns with Serco’s purpose - to impact a better future for People, Plac...

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...

2024 will go down as the year of peak energy emissions, according to DNV’s Energy Transition Outlook. Energy-related emissions are at the cusp of a prolonged period of decline for the first time since the Industrial Revolution. Emissions are set to almost halve by 2050, but this is a long way short of the requirements of the Paris Agreement. The Outlook forecasts the planet will warm by 2.2°C by the end of the century. Solar installations The peaking of emissions is largely due to p...

Norway-based maritime technology business, Shipnet, has strengthened its senior leadership team with the appointments of a new Finance Director and HR Director. Paula Summers, who joins as HR Director, boasts over 15 years’ experience within HR roles partnering with business pioneers in the retail, manufacturing and nuclear energy sectors. This includes Ethel Austin, Glen Dimplex Consumer Appliances (including brands like Stoves, Belling, Morphy Richards and Roberts Radios) and Caven...

The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation (Center) under a five-year cooperative agreement. Decarbonisation and digitalisation Authorised by the U.S. Congress, the U.S. Center for Maritime Innovation is intended to support the adoption of clean energy on U.S. vessels through a wide-ranging program of research and development and training support. ABS Chairman...

WEG, a pioneer in industrial solutions, recently completed the overhaul and recovery of a vertical mill gearbox at Cimento Tupi in Minas Gerais, Brazil. The service was carried out at WEG's plant in Sertãozinho, São Paulo. The gearbox, weighing more than 60 tons, drives Cimento Tupi's main mill, which has a nominal capacity of 300 tons per hour of flour. This critical equipment operates 24/7, making regular maintenance essential for continuous and safe operation. Electrical and m...