Living through this industrial revolution, the maritime sector has already begun to implement digital solutions. Big data analytics of ships, augmented and virtual reality, cloud technologies, machine learning and cognitive artificial intelligence are some relevant examples of the technologies now implemented by shipping companies. Augmented reality (AR) technology is becoming one of the main digital…
(http://www.MaritimeCyprus.com) EU has issued their 2019 report on MRV data for CO2 emissions from Maritime transport. By targeting ships above 5,000 gross tonnage, the EU MRV shipping Regulation covers around 90% of all CO2 emissions, whilst only including around 55% of all ships calling into EEA ports. EU MRV Regulation objectives In 2015, the EU…
(http://www.MaritimeCyprus.com) The European Maritime Safety Agency (EMSA) has provided a technical study on the use of Electrical Energy Storage in shipping that, being supported by a technology overview and risk-based analysis evaluates the potential and constraints of batteries for energy storage in maritime transport applications. In addition, the study provides a detailed description of projects…
(http://www.MaritimeCyprus.com) In 1960, the U.S. Navy conducted a landmark exercise in the history of submarine warfare. The nuclear powered submarine USS Triton circumnavigated the globe completely underwater, proving that submarines—which until then had spent much of their time on the surface—could now operate completely submerged. It was all thanks to nuclear energy, which provided unlimited power to…
(http://www.MaritimeCyprus.com) The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools. The new service is based on assessments made by independent third-party ship management companies Anglo Eastern, Fleet Management and V-Ships. Using…
(http://www.MaritimeCyprus.com) The latest trends and projections on carbon-reduction strategies for shipping as the industry looks to meet decarbonization ambitions. Setting the Course to Low Carbon Shipping examines new fuels, technologies and operational measures and matches that with forecasts for the world’s key trade lanes to envision what shipping may look like in 2030 and 2050. The…
(http://www.MaritimeCyprus.com) Increased automation on-board ships, which could reach ultimately full autonomy or become remotely controlled unmanned vessels, are not a new maritime safety issue. As a matter of fact, the IMO’s Maritime Safety Committee discussed automated ships as early as 1964 .However, the recent technological breakthroughs in the fields of information technologies, digitalization and machine learning,…
