Watch: BP invests in new artificial intelligence technology

BP Ventures has invested $5 million in Artificial Intelligence and named it ‘Sandy’, aiming to improve its upstream digital capabilities. This investment, boosts the company’s continuous work on exploring opportunities to apply machine learning and cognitive computing in its global oil and gas business. It is directed at the Houston technology start-up Belmont Technology, a company that has developed a cloud-based geoscience platform using artificial intelligence (AI). 

Watch: Blockchain technology system to focus on oil and gas industry

Canada-based PermianChain Technologies launches the blockchain technology ‘Permian Token’ aiming to oil and gas investments. Permian Token is a crypto-asset that supports holding rights to the value of proven reserve that is to be produced. The system enables the digital transfer of underlying assets value in the form of digitized value of oil.

Watch: First cruise ship completely designed in 3D begins voyage

Celebrity Edge, the first ship to be completely designed in 3D has already started its Translantic voyage this month. The vessel marks a turning point on ship design, as from the first sketches, every step was done in 3D. Celebrity Cruise officially took delivery of Celebrity Edge from the Chantiers de l’Atlantique shipyard in Saint-Nazaire, France in November 2018. 

Watch: Aquadrone cleans ports and harbours from waste

In an attempt to reduce the vast amount of plastic in the oceans, the Dutch company RanMarine Technology built an aquadrone that sucks up garbage from the water. The drone is called the WasteShark, and it can remove up to 200 liters of trash in one trip, as well as alien/pest flora.

Germany funds high-altitude wind energy project

The German Federal Ministry for Economic Affairs and Energy funded a project for the development of a a fully automated airborne wind energy system. SkySails Power, EnBW, EWE OSS and Leibniz University Hannover are taking part in the project, and they will develop and test the pilot system called ‘SkyPower100’.

European Parliament approves new rules for drones operation

As global air traffic is expected to double over the next 20 years, flight safety must be safeguarded. Currently most drones fall under differing national rules. Hence, on June 12th of 2018, MEPs approved an agreement between Council and Parliament negotiators in November 2017, to ensure a common level of safety for drones.

Watch: Maersk CEO on cyber security and digitalization

During an interview, A.P. Moller-Maersk’s CEO Soren Skou, talked about digitalization. Mr. Skou explained what measures Maersk has taken in order to improve its cyber security after the recent cyber attack, and highlighted the importance of digitalizing container shipping, in order to make it simpler.

Digital cargo solution to be created for Yara Birkeland

Kalmar and Yara reached an agreement in which Kalmar will deliver fully autonomous equipment, software and services for a fully digitalised container handling solution at Yara’s Porsgrunn facility in Norway. All the necessary operations related to Yara Birkeland will be conducted in a fully autonomous and cost efficient manner.

UK MCA, RNLI test drones for search and rescue

The UK MCA and the Royal National Lifeboat Institution ran a special week-long event to test the use of drones, along a stretch of coastline at St Athan, Wales. A selection of drones were used in four different search and rescue scenarios to explore how they could be used to help save lives in the future.

World’s biggest automated container terminal opens in Shanghai

China’s new fully-automated port terminal has opened in Shanghai Yangshan Deep Water Port, becoming the world’s biggest automated container terminal, boosting the country’s efforts to be at the forefront of global trade. The terminal will be able to move 6.3 million TEUs a year, while the whole port to handle more than 40 million.

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