In an earlier insight, marine energy consultancy Wood Mackenzie identified up to US$150bn in annual operating cost savings that could be achieved in the energy and natural resources sectors through digitalisation. In its latest research, Woodmac takes a closer look at the likely digitalization impact on the upstream sector, noting that the oil and gas industry has always been at the cutting edge of technological innovation.
Japanese MOL announced that it has joined forces with Mitsui E&S Shipbuilding Co., Ltd. and Weathernews Inc. to launch the Fleet Optimal Control Unified System (FOCUS), a project that will gather and apply ship operation data to ensure safer, more environmentally friendly ocean transport.
Fishing vessels worldwide discard as many as two of every five sea creatures they catch. In response, Stanford scientists have developed a new software tool which can help fishers target the most productive fishing spots while avoiding unwanted or protected species such as sea turtles and dolphins.
The concept of “intelligent port” has emerged in the last decade, with many ports deploying Internet of Things, cloud-computing technologies, geographic information systems and computer simulation technologies, to optimise various aspects of port operations and enhance production efficiency.
The Australian Government has awarded IBM a new AU$1B, five-year technology partnership, involving IBM hardware, software and cloud-based solutions, and including joint innovation programs in quantum, cyber security, and research aimed at furthering the government’s digital transformation agenda.
New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing approaches that will significantly reduce or eliminate non-value-added activities, according to new report from ABI Research.
The EU Agency for Fundamental Rights released the report “Handbook on European data protection law”, providing an overview of the EU’s and the Council of Europe’s applicable legal frameworks. The handbook explains key case law, summarising major rulings of both the Court of Justice of the European Union and the European Court of Human Rights.
The Port of Rotterdam Authority is starting a test project with Barge Terminal Tilburg and Certus Port Automation. The program aims to enable cargo owners and terminal operators to monitor more precisely the time at which a container can be transferred for further transport.
Microsoft is working at the second phase of its moonshot to develop self-sufficient underwater datacenters, that can deliver lightning-quick cloud services to coastal cities. An experimental, shipping-container-size prototype is currently processing workloads on the seafloor near Scotland’s Orkney Islands.
For centuries, the shipping administration has been collecting huge amounts of manual scripts and reports in and continuous effort to maintain the OPEX and the CAPEX under control. Only the last few decades Technology (Telex, Fax, emails, smart control systems) have managed to bring the ships closer to Onshore Operations and secure the existence of at least one report per day, notes Mr. Christos Giordamlis, CEO, Prisma Electronics.
Northern Bering sea and Bering Strait threatened by increasing ship waste18/11/2018
- Green Shipping
Sea level rise threatens Mediterranean UNESCO heritage sites18/11/2018
How climate change threats Antarctic and the world18/11/2018
Whale populations are recovering according to IUCN17/11/2018
- Green Shipping
Investing in Coral Reefs is an urgent action to save them17/11/2018
Seychelles issues world’s first sovereign blue bond17/11/2018
US to grant Puerto Rico $28.9 million to prevent risk from natural disasters17/11/2018
EMSA: Overview of maritime casualties in 201716/11/2018
Awilco LNG: LNG trade has increased 6% in 201816/11/2018
Two ships collide off Borkum, Germany16/11/2018