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Drewry: Blanked Sailings Increasing but Less Impact Expected

Drewry: Blanked Sailings Increasing but Less Impact Expected

By The Maritime Executive
September 21, 2020
During the spring and early summer, the ocean carriers blanked a large number of sailings departing Asia creating repercussions for shippers and ports. UK maritime research firm Drewry forecasts a new...
IUMI:Marine Cargo Insurance Market “Improving Amid Significant Change"

IUMI:Marine Cargo Insurance Market “Improving Amid Significant Change"

By The Maritime Executive
September 21, 2020
Speaking at today’s IUMI (International Union of Marine Insurance) annual conference, Sean Dalton, Chair of IUMI’s Cargo Committee reported the majority of marine cargo markets geographically can best...
Finnish Passenger Ferry Runs Aground in the Baltic

Finnish Passenger Ferry Runs Aground in the Baltic

By The Maritime Executive
September 21, 2020
A Finnish passenger-car ferry, the Amorella, grounded on September 20, in the Aland Islands during one of its daily voyages between Turku, Finland, and Stockholm, Sweden. None of the passengers or cre...
South African Development Agency Plans "Green" Ship Recycling Facility

South African Development Agency Plans "Green" Ship Recycling Facility

By The Maritime Executive
September 21, 2020
South African officials have been contemplating a domestic ship recycling facility since at least 2011, and the idea is making a comeback.  The vast majority of the world's ships are scrapped on ti...
Kotug, Rotortug, and Captain AI Demonstrate Fully Autonomous Sailing

Kotug, Rotortug, and Captain AI Demonstrate Fully Autonomous Sailing

By The Maritime Executive
September 21, 2020
First vessel in the world that autonomously sails the most optimal route. Maritime service provider KOTUG International, ship design company Rotortug®, and tech start-up Captain AI today demonstrat...
Maritime Executive

Damen and TCS Receive Innovation Award for Connected Vessel Platform

By The Maritime Executive
September 21, 2020
Damen Shipyards Group and Tata Consultancy Services (TCS) have received the CIO Magazine Innovation Award 2020 from ICT media. The award was given for the Connected Vessel Platform, Triton, an integra...
Energy Transition and Uncomfortable Questions for Shipping

Energy Transition and Uncomfortable Questions for Shipping

By Greg Atkinson
September 21, 2020
Late last year I was invited by the Credit Suisse Research Institute (CSRI) in Zürich to participate in meetings related to the energy transition - a term that encompasses the shift away from fossil f...
KR Issues World’s First Cyber Security Class Notation to HHI

KR Issues World’s First Cyber Security Class Notation to HHI

By The Maritime Executive
September 21, 2020
The Korean Register (KR, Chairman & CEO, LEE Hyung-chul) has presented Hyundai Heavy Industries (HHI) with the world’s first Cyber Security (CS Ready) class notation for a very large liquefied petrole...
Maritime Executive

How the Top Container Lines Manage Capacity and Profitability

By Luke Robert
September 21, 2020
In the previous article, we summarized the state of the shipping line industry from a macro perspective. We take a detailed look here on how shipping lines manage profitability. Up till the beginni...
Learning Through a Pandemic

Learning Through a Pandemic

By Philip Teoh
September 21, 2020
No industry was prepared or spared when COVID-19 hit the world, bringing closures of production, businesses, borders and ports along with untold suffering and deaths for millions. International tra...

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