Newcastle College’s Energy Academy in Wallsend installed an Immersive Hybrid Reality offshore wind training facility. This is a virtual reality system to help train future engineers, as it replicates working conditions experienced by wind turbine engineers operating on offshore wind farms.
MineHub and IBM will collaborate to use blockchain technology in order to improve operational efficiencies, logistics and financing and reduce costs in the mineral concentrates supply chain. The first case will be established on the MineHub platform and will manage concentrate from Goldcorp’s Penasquito Mine in Mexico during its path to market.
Despite the increasing speed of technology and innovation that is pressuring the industry, oil and gas CEOs consider technological disruption as more of an opportunity, 2018 KPMG CEO Outlook: Oil & Gas, reported. Namely, AI and robotic solutions can create models to predict behavior or results more accurately.
The ABS FCI Cyber Risk model was developed after a two-year research contract between ABS and the Maritime Security Center. It was launched in June 2018, and quantifies cyber security risk, giving owners and operators a strategy to limit cyber risk onboard a vessel.
There are five global shifts reshaping the maritime world and the industry has already started innovating in order to meet them. So, what the future of shipping will look like in 2025? Which are the implications for shipowners and crew right now and in the future?
On 15 January the International Transport Workers’ Federation and the World Maritime University published a flagship report called ‘Transport 2040: Automation Technology Employment – the Future of Work’. The report analyzes how the global transport industry will change because of automation and advanced technologies.
After ZIM’s first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected customers are testing the new platform as a way for trade activities on multiple shipping lanes. The exploratory transactions showed that the blockchain technology can not only replace paper but also enhance current activities which depend on emails, fax and other existing tools.
Shipowners want practical applications to implement the smart opportunities of today that build foundational capabilities for autonomy in future, writes Derek Novak, Vice President, Technology, ABS.
Currently, computers use the sea of data that are produced these days for self-training. The Port of Rotterdam is now investing in this development with Pronto, an application for standardised data exchange on port calls. Today, about half of shipping companies, agents, terminals and other nautical service providers in the port use the system.
Digitalization is a constant theme in shipping right now; smart technologies are already making a great impact on the industry. 2018 was an interesting year for shipping, with major developments in the field of digitalization and further steps toward the so-called smart shipping era.
EIA: US LNG exports decrease week on week18/01/2019
Drewry: World container index increases by 21.7% from 201718/01/2019
Germany's gas imports decrease in Nov, up in Jan-Nov 201818/01/2019
Newcastle College presents VR offshore wind training facility18/01/2019
Equinor plans to cut emissions 50% on NCS by 203018/01/2019
Port of Hamburg is prepared for Brexit18/01/2019
IBM works on blockchain solution to improve supply chain transparency18/01/2019
France to invest €50m in ports to prepare for no-deal Brexit18/01/2019
Port of Kiel: Passenger traffic increases, cargo decreases in 201818/01/2019
St. Lawrence Seaway announces 2018 as its best shipping year in a decade18/01/2019
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Sewol survivors to receive $71,000 in compensationFines
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