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Items filtered by date: April 2018

Ship management company OSM reports that it is in the final stages of completing a Singapore-based Maritime Operations Centre that will act as a global hub for management of its vessels, with the aim of improving the efficiency of its operations through the application of Big Data analytics and decision support.

Monday, 30 April 2018 11:27

OOCL in Microsoft AI partnership

Orient Overseas Container Line (OOCL) has announced a partnership with Microsoft to apply Artificial Intelligence (AI) research to improve network operations and achieve efficiencies within the shipping industry, with more than 200 AI developers expected to be trained by the project over the next 12 months.

Monday, 30 April 2018 11:25

Yahsat buys Thuraya

Yahsat, a satellite operator based in the United Arab Emirates (UAE), reports that it has entered into an agreement to acquire a majority stake in Thuraya, headquartered in Dubai.

Maersk has signed a contract with Boston-based Sea Machines Robotics to trial the US company’s perception and situational awareness technology on board one of the shipping company’s new-build Winter Palace ice-class container ships.

Thursday, 26 April 2018 14:10

Globalstar agrees $1.65 billion merger deal

US-based low Earth orbit satellite operator Globalstar has announced that it has signed a merger agreement with Thermo Acquisitions under which the company will be merged with FiberLight, a provider of land-based fibre communications infrastructure.

Thursday, 26 April 2018 14:07

Autodocking system completes testing

Tests of a new autodocking system installed on the 83m ferry Folgefonn, owned by Norwegian operator Norled, have been concluded by Wärtsilä, with the vessel successfully completing actual harbour docking trials without the captain needing to take manual control at any stage in the procedure.

Bureau Veritas has introduced the first phase of its My Fuel Consumption software system, a Cloud-based web application offering a digital process to manage compliance with IMO-DCS (Data Collection System) and EU MRV (monitoring reporting and verification) regulations, which aim to track shipping CO2 emissions.

Wärtsilä has signed a partnership deal with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D, covering four different streams: digital acceleration, cyber-physical security, intelligent vessels and port operations.

The Baltic Exchange is to work with digital container freight platform Freightos in publishing independent audited benchmark rates for the global container shipping industry, to be called the Freightos International Freight Index.

Thursday, 26 April 2018 13:57

Shell agrees BMT simulator licence deal

Shell International Trading and Shipping Company (STASCo) has signed a contract with BMT which will see Shell purchase its own in-house licence to use BMT’s navigation simulator, REMBRANDT.

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