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Container shipping earnings hit all time high
Move over Facebook, Amazon, Netflix and Google, you’re currently being outperformed financially by the ocean carrier giants. Actual net income for the container shipping industry in third quarter 2021 was $48.1 billion, a staggering $43.0 billion and nine-fold improvement from the $5.1 billion profit in the same quarter of last year. That year-ago profit was already approaching record levels. The remarkable third quarter profit was more than five times the record industry profit level first achieved in fourth quarter... -Marine LogPosted On:23-Nov-2021
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LR launches industry-first Artificial Intelligence Register
Lloyd’s Register (LR) has launched an Artificial Intelligence (AI) Register, a standardised digital register of LR certified AI providers and solutions, a first of its kind for the maritime industry. AI technology, the engineered systems that have hardware and software elements that mimic human capacity for observing, understanding and decision-making, is continuing to grow in maritime with applications ranging from digital twins, virtual commissioning and autonomous navigation systems... -Lloyd s RegisterPosted On:23-Nov-2021
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Australia: Marine cadets set sail on journey of a lifetime
Pilbara Ports Authority’s first ever female marine cadets are setting sail on board an iron ore vessel bound for Asia. Karratha locals Katelyn Arnold and Jeri Ingleton will spend six months at sea on board the Rio Tinto owned vessel, training for a career in the maritime industry as part of Pilbara Ports Authority’s Marine Cadetship Program. Pilbara Ports Authority CEO Roger Johnston said PPA was the first in Australia to offer a marine cadetship program... -Bunker Ports NewsPosted On:23-Nov-2021
Credits: www.bunkerportsnews.com |
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Tackling the challenge of recognising seafarer vaccinations
With crew change set to continue being a challenge in 2022 the vaccination of seafarers and recognition of that vaccinated status are seen as a key issues by senior leaders from across the spectrum of the industry including unions, shipowners, and government authority representatives. Speaking at Crew Connect Global Virtual Week, Andreas Nordseth, Director General of Danish Maritime Authority, said: “I think there’s no doubt I think that long period into 2022 we’ll see a lot of challenges.”... -Seatrade Maritime NewsPosted On:23-Nov-2021
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Industry’s 1st real-time CII dashboard launched
Emissions verification company Verifavia Shipping has launched the real-time carbon intensity indicator (CII) dashboard to determine the operational efficiency and CII rating of ships over 5,000 GT. Said to be the world’s first, the real-time platform provides a recording of vessel ratings as well as ongoing guidance for vessel efficiency to meet emission regulations... -Offshore EnergyPosted On:23-Nov-2021
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Kiribati seafarers return home after being in Fiji for months
142 Kiribati seafarers are finally returning home to their families after being stuck in Fiji due to the pandemic. FBC News understands some of these men who were working for international shipping lines have been in the country for almost two years. Following questions sent to the Kiribati High Commission, its Government has stated they have chartered the Reef Endeavor vessel owned by Captain Cook Cruises to take these men home... -FBC NewsPosted On:23-Nov-2021
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Viking Bay fishing vessel stumps up $62000 for crew’s Wellington MIQ stay
More than $60,000 due from the Spanish fishing vessel, whose crew had to complete MIQ in Wellington hotel, has been paid. Viking Bay owed the New Zealand Government $62,000 in costs associated with quarantining 18 of the ship’s 20 crew – 15 of whom were infected with Covid-19... -Stuff.co.nzPosted On:23-Nov-2021
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Marine engineering specialist joins industry majors in launch of Operation Zero initiative
The UK’s leading marine power and electrical engineering specialist - MJR Power and Automation – has this week announced its support and involvement in the launch of ‘Operation Zero’ with the vision to see zero-emission vessels deployed at North Sea offshore windfarms by 2025... -Maritime JournalPosted On:23-Nov-2021
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Implementation of a New Ship Design Solution
It is not news to shipbuilders that there are benefits to be gained from modern design solutions and a data-driven approach to shipbuilding: accelerating the time to market, reducing costs, and shortening lead-times to name a few. What is holding shipyards and ship design offices back from implementing these clearly beneficial solutions?.. -The Maritime ExecutivePosted On:23-Nov-2021
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Messina Strait ferry fire, Italy
Ferry VILLA SAN GIOVANNI suffered fire on board, understood in engine room, on Nov 22 in Messina Strait, while crossing the Strait on her scheduled trip between VILLA SAN GIOVANNI mainland Italy, and Messina, Sicily. Crew reportedly, managed to extinguished fire, disabled ferry was towed to Villa San Giovanny. Passengers were evacuated, no injures reported... -FleetmonPosted On:23-Nov-2021
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