Artificial intelligence (AI) and machine learning (ML): mention these two terms and the listener may instantly think of the ads displayed as you view your favorite online news site. This is one version of what AI/ML might be. Given the state of AI and ML research today, these advanced mathematical techniques represent something the U.S. Coast Guard should explore for mission application.
“The First Steps in Mitigating Contemporary Risks to our Strategic Sea Lines of Communication”It is indisputable that the world’s economy floats on seawater. It is equally indisputable that international maritime transportation is the tool that keeps the global economy moving. The world economy has surged over the last half century
While merriam-webster.com is succinct in its definition of ‘autonomous’, ask 10 people in the maritime sector what ‘autonomous’ vessel means to them and the responses vary widely. Achieving autonomous, unmanned operations is not high, today, on the agenda of many (if any) shipowners.
New holographic technology is set to revolutionize training procedures, fleet management, ship performance and engineering maintenance in the maritime sectorHave you ever wished you could move around your fleet of ships, in full 3-D, without ever moving from your desk? Have you ever wanted to be able to delve into the complex inner workings of one of your vessels and inspect its internal
As ship owners increasingly use data to schedule ship equipment maintenance, evolving from a calendar-based to a condition-based maintenance (CBM) regimen, Wärtsilä launches its Expert Insight predictive maintenance product, a digital product designed to enable customer support to be delivered proactively by Wärtsilä Expertise Centers to ensure long-term accurate insight for their predictive
Lloyd’s Maritime Academy launched a new portfolio of courses focusing on Technology and Innovation. “Digitalization is becoming part of everyday life within shipping where techniques from other industries such as big data and cyber security are being adopted," said Paul Napper, Course Developer at Lloyd’s Maritime Academy.
Oceans X is a new web-based platform that allows a wide variety of users such as port agents, bunkers suppliers, port chandlers, port authorities, banks and others to track and monitor tankers and dry cargo vessels globally and in real-time. Oceans X’s vessel monitoring technology uses a combination of automatic identification system (AIS)
Japanese shipping giant Mitsui O.S.K. Lines announced the joint development, along with SenseTime Japan, of a new vessel image recognition and recording system, and the system’s installation for demonstration testing aboard the cruise ship "Nippon Maru" operated by Mitsui O.S.K. Passenger Line.
New research into maritime startups concludes that higher bandwidth connecting ships to shore at lower costs is empowering a new breed of single-minded innovators to bring the true benefits of digitalization to the shipping and offshore sectors, according to a report conducted for Inmarsat by UK GovTech venture firm and research house, PUBLIC, The report, ‘Trade 2.
Caterpillar is touting its Multi-Engine Optimizer (MEO) as a solution for existing cruise ships to burn less fuel, run cleaner, keep uptime and reliability high while keeping costs down.Caterpillar's MEO is designed to lay over the top of a vessel’s existing power management system
Nautilus, the company building artificial intelligence for the maritime shipping industry, has announced $11M in Series A funding led by M12, Microsoft’s venture fund, along with Root Ventures. Existing and new investors including Quiet Capital, Trail Mix, and Amplifier Lab participated in the round, which brings Nautilus’ total funding raised to $14.5M.
Mitsubishi Heavy Industries, Ltd. (MHI) announced executive-level personnel changes effective March 31 and April 1, 2019 and made nominations for Directors to be proposed to the 94th Ordinary General Meeting of Shareholders scheduled for June 27, 2019. MHI also announced the appointment of Seiji Izumisawa as President & Chief Executive Officer (CEO), effective April 1, 2019