The Internet of Maritime Things (IoMT) is coming! Start planning now.The Internet of Things (IoT) is already with us. You can get a doorbell camera that allows you to see on your smartphone who is at or approaching your front door. You can also get a refrigerator that keeps track of items inside and will advise you when you are running low (maybe on beer).
The most complex cruise ship lengthening ever undertaken is clipping along at Fincantieri’s Palermo yard.The final welding cut to Windstar Cruises’ Star Breeze was completed and the ship’s 25.6-meter/84-foot prefabricated midsection was glided into place between the two halves in the drydock, an operation that took just half an hour.
AET, a petroleum tanker owner and operator, has named its newest vessels, two of the world's first LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs). The vessels, the cleanest DPSTs ever built, will emit 40-48% less carbon than equivalent vessels built in 2008, meeting the International Maritime Organization's (IMO) target of reducing carbon (CO2) emissions by 40% against 2008 baselines
Underwater vehicles communicate, make decisions, and work as a teamThe NATO Center for Maritime Research and Experimentation (CMRE) in La Spezia, Italy, is combining smarts and muscle to solve a complex warfighting challenge: finding and destroying mines in the murky waters of the littoral.CMRE has developed experimental unmanned vehicles for experimentation.
US-based owner and operator of dry bulk vessels Eagle Bulk Shipping announced that it has taken delivery of the first of six modern Ultramax drybulk vessels the Company has previously agreed to acquire.The ship, which has been renamed the M/V Dublin Eagle, is a 2015-built, high specification scrubber-fitted SDARI-64 Ultramax vessel built at Jiangsu New Hantong Ship Heavy Industry Co.
Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex injuring 37 people and sending nearby residents indoors.As many as 37 people were being treated for non-life threatening injuries amid efforts to put out the fire, according to Exxon spokeswoman Sarah Nordin.
Eagle Bulk Shipping announced a $100 million convertible note offering in a private placement to qualified institutional buyers.Eagle Bulk intends to use the net proceeds from the offering to fund a portion of the aggregate purchase price of up to six modern high-specification Ultramax vessels and for general corporate purposes, including working capital.
U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States, according to Refinitiv Eikon flows data
A clash between trading house Vitol and Azerbaijan's SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports of crude due to a lack of tankers.Turkmenistan typically exports about 200,000 tonnes of oil per month via the Caspian to world markets, mainly from fields operated by the UAE's ENOC and Italy's Eni, but flows have halved in recent weeks
While the task to name only five 'Top' yachts of the year, Maritime Reporter & Engineering News' Lisa Overing gives it her best shot in the January 2019 edition.M/Y TIS: “Size Matters”The age-old question of whether or not size matters is typically directed at men. However, since a ship is called she, Maritime Reporter’s top spot for greatest yacht of 2018 is the class of 2018’s largest launch
Late 2018 saw the tanker market bubble upwards through late November, with daily vessel hires moving in the direction of, though not yet reaching levels not seen since late 2014-2015, when oil prices were in freefall and inventories building to the brim. A few pundits have suggested that we are seeing a “mini 2014” where lowered oil prices are coaxing another inventory build which would drive
An oil tanker caught fire in Hong Kong's southern waters on Tuesday, killing one crew member while at least 21 were rescued, police said, with witnesses reporting a loud blast that shook windows several kilometers away.Rescue operations were going on about one nautical mile south of Lamma Island."There are still some crew that haven't been saved," a police spokeswoman told Reuters.