Artificial intelligence (AI) is set to revolutionize shipping by enhancing safety and efficiency, Christopher J. Wiernicki, ABS Chairman and CEO, said, while also noting the growing importance of the human touch in this high-tech era.“Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, driving our complex industry to be safer
On a warm spring night in Athens, shortly before midnight, a senior executive at a Greek shipping company noticed an unusual email had landed in his personal inbox.The message, which was also sent to the manager's business email address, warned that one of the company's vessels travelling through the Red Sea was at risk of being attacked by Yemen's Iranian-backed Houthi militia.
U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U.S. presidential election.
A shortage of U.S. mariners presents a major threat to the United States’ national and economic security, and the problem is growing day by day.According to a 2017 study prepared by the Maritime Workforce Working Group and released by the U.S. Maritime Administration (MARAD), the estimated pool of U.S. mariners actively sailing with unlimited tonnage credentials was comprised of 11,768 mariners.
Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial shipping remains blocked by the collapsed bridge and stranded container ship that brought the structure down a week ago.A team including the U.S. Coast Guard, U.S.
Onerous emissions rules are certainly no stranger to the maritime sector at large, arguably none more so than those that work and live in California. The U.S. West Coast state is a global shipping hub, with a coastline spanning more than 800 miles and 11 major ports. It also is known for its penchant for creating and enforcing maritime rules
The maritime industry is witnessing a technological revolution that is fundamentally changing how ships operate, improving safe and efficient performance and reducing emissions, all to meet increasingly restrictive environmental standards. Adopting cutting-edge digital technologies enables ship owners and operators to optimize fleets
Infostealers, a type of malware designed to steal sensitive information from an infected system, has marked significant rise in the first half of 2024 in the maritime domain, Marlink’s Security Operations Center (SOC) has reported.The whole process involves six steps – starting from initial infection to the exploitation of acquired data
The European Space Agency (ESA) has launched a new project DECARDIS, in partnership with Awake.AI, ABB and Wallenius Marine, to collaborate on a port call optimization solution, which focuses on helping ships cut greenhouse gas emissions by overcoming inefficiencies in the ship-port interaction.
GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated.The statement comes as the company has been grappling with fallout from three separate blade accidents in four months.The most recent occurred on Aug.
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately high-risk deals that might better suit the portfolios of ‘infrastructure investment’ which, in recent years
The Vineyard Wind offshore wind project off the coast of Massachusetts is shut down until further notice while authorities investigate a turbine blade failure that caused debris to wash up on beaches, a federal agency said on Tuesday.The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said it was working closely with Vineyard Wind to determine the cause of the incident