In line with a growing smart technology trend and as shipping is struggling to keep costs down in order to maintain its competitiveness, as well as to minimize human error to improve its safety record, autonomous ships provide an attractive trend.
The second SAFETY4SEA Forum in Hamburg successfully concluded on Tuesday 8th of October, 2019 at Lindner Hotel Am Michel, Hamburg. The event, organized by SAFETY4SEA, was sponsored by Aquametro Oil and Marine, Diaplous Group, HudsonAnalytix, NAVTOR, PRIMARINE, RISK4SEA, SQEMARINE, T&T SALVAGE.
Cargo theft is a global challenge with a major negative impact on supply chains and the world’s economy. To put this into context, cargo crime has costed an estimated US$22.6 billion in 2015, while the top five natural disasters costed a collective $33 billion, research has indicated.
The 2019 SAFETY4SEA Athens Forum successfully concluded on Wednesday 2nd of October, in Eugenides Foundation, Athens, attracting 650 delegates from 260 organizations. Discussions varied among key safety challenges affecting the industry, as well as the hot issue of sustainable shipping.
Although very accustomed to its traditional practices, the shipping industry is now entering a new era with digital innovations on more than 50,000 ships currently sailing the world’s oceans. In this article, Safebridge has researched and discovered the latest digital trends of the maritime industry.
When price alone determines contract success, purchasers beware. This rarely yields economic value throughout the lifecycle and will ultimately suffocate innovation, argues Mattias Gunnarsson, Vice President, MacGregor Cargo Handling, calling for the industry to address this trend and focus on longer-term value.
Digitalization and automation are a hot topic in the shipping industry with the digital twin technology developing rapidly in vessels’ simulation or individual components, such as engines or thrusters.
Shipowners, operators and charterers face technical, commercial and legal challenges in the run-up to the IMO’s January 2020 sulphur cap. In the following article, Ian Short, a Campbell Johnston Clark partner, explains some essential contractual precautions.
After three successive years of growth, the global service market will see a recession in 2020 driven by lower oil prices, according to research firm Rystad Energy. In a new update, Audun Martinsen, head of oilfield services, forecasts a 4% decline in global oilfield service revenue if oil prices stay flat next year.
In the most recent Energy Transition Outlook, DNV GL presents its timeline of the next 30 years of the energy transition, which shows many astonishing milestones. Namely, the one of the key takeaways of the timeline is the peak of energy supply and demand, but there are other significant milestones as well. According to the timeline oil will peak at 2022, while 4 years later transport energy demand will peak.
SOLAS 2020 Amendments: An overview23/10/2019
First oil from Johan Sverdrup reaches Mongstad23/10/2019
Declined quarterly global cargo volumes for DP World23/10/2019
- Maritime Knowledge
Do you know why FONAR is needed from 2020 and onwards?23/10/2019
Unmanned vessel completes first east to west voyage of Atlantic23/10/2019
Exxonmobil goes to trial for misleading investors on climate change costs23/10/2019
Refineries unable to receive crude oil at Malaysia's Port Dickson23/10/2019
Watch: First hydrogen offshore platform pilot explained23/10/2019
Essar Ports reports 20% cargo growth23/10/2019
US announces $17 million for offshore wind projects23/10/2019