A new custom-built multi-purpose dynamic simulator will be created, to serve the Mad Dog Phase 2 project in the Gulf of Mexico. The new system wants to provide a realistic simulation environment. The simulator is expected to be delivered at least one year before first oil, in order to give time to train the operators.
The Port of Long Beach and GE Transportation will collaborate to improve cargo flow at the Port of Long Beach. The Port is launching a pilot program with GE Transportation to increase visibility, enhance real-time decision-making and optimize cargo movement through the Port.
A number of oil companies, traders, and banks want to start using blockchain technology for bills of lading, the documents that verify cargo ownership in commodity trading. This development can result in less paperwork, costs, and errors.
South Korea’s largest shipbuilder Hyundai Heavy announced it will use robots for ships construction for the first time in the industry, in a bid to improve efficiency and cut costs. HHI has recently completed a year of testing of a robotic system that automatically shapes a vessel’s 3-D curved surface at its shipyard in Ulsan.
Shipping KPI gives the ability to users to compare performance parameters between ships of similar type, tonnage, trades or flag states, while remaining anonymous. Users can compare 33 different Key Performance Indicators, such as budget performance, ship availability, contained spills and officer retention. The KPIs are based on 64 individual performance indicators.
The Internet of Things is a reality and gives us access to data from millions of devices, due to the convergence of multiple technologies today. The animated video, issued by IBM’s Think Academy, provides an insight on how it works. A “thing” is any object with embedded electronics that can transfer data over a network, without any human interaction.
The companies worked on a Proof Of Concept exercise, built on IBM Blockchain Platform, applying and then testing a blockchain-based supply chain platform to track and trace cargo movement from Chongqing to Singapore through the Southern Transport Corridor.
Drones are gaining more and more a position in maritime industry, especially in ship inspections -conventionally conducted by humans-, as they have been identified as a way to save time and money and to enhance workforce safety.
KR is considering the development of a VR training simulator. The VR ship inspection simulator provides surveyor training software to train a ship surveyor on the classification rules and inspection procedures, using a realistic ship environment.
- Loss Prevention
Guidelines for Direct Load Analysis and Strength Assessment of hull structure19/03/2018
ASA President: US salvors 'never failed to respond to an incident'19/03/2018
A look into the Convention on Limitation of Liability for Maritime Claims19/03/2018
- Cyber Security
7 steps an organization’s cyber security becomes at-risk19/03/2018
First VLCC with scrubbers built19/03/2018
Shipping cryptocurrency sees first transaction19/03/2018
Wärtsilä acquires Transas19/03/2018
MedCruise: Bigger ships an important factor in cruise calls decline19/03/2018
China to get its first polar expedition cruise ship19/03/2018
EU clears Maersk Product Tankers acquisition19/03/2018