MORGAN CITY, Louisiana. Conrad Shipyard is pleased to announce that it has been awarded a contract by the Puerto Rico Maritime Transit Authority (PRMTA) for the construction of 4 cargo and passenger ferry vessels. The ferries, designed to carry 300 passengers and 300 short tons of cargo, will operate between the Municipality of Ceiba and the Municipality Islands of Vieques…
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Mariveles, Bataan – On Friday, January 26, 2024, Herma Group Chairman and CEO Herminio S. Esguerra christened a brand new 12MB tanker, M/Tkr Mayabong. Built by Herma Shipyard Inc. (HSI) – a proudly 100% Filipino-owned ship building and ship repair company under the Ship Building and Maritime Infrastructure Division (SBMID) of the Herma Group – M/Tkr Mayabong will take her…
Completion of demonstration facility to safely process surplus ammonia from ammonia-fueled vessels. Testing has begun to support the market launch of MAmmoSS® –a system package comprising an ammonia fuel supply system and peripheral equipment. Ammonia Gas Abatement System (AGAS) demonstration facility Mitsubishi Shipbuilding Co. Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently developing the Mitsubishi Ammonia Supply…
New, Value Added, Eco-Friendly Ships. Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s exports rose 11.9% year on year. The Korean shipbuilding industry secured four years’ worth of work through the end of the first half of this year. This is the largest order backlog in 12 years….
In the Supply/demand balance For crude tankers, BIMCO forecasts the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing distances, create the foundation for the improvement despite a slowing of growth in oil demand. The product tanker supply/demand balance is also expected to tighten in 2024 but weaken in 2025. Like the…
THE PHILIPPINES should build a self-reliant coastal defense system and support local shipbuilders if it wants to become a maritime hub, experts and a local shipbuilder said. “Maritime security is a necessary condition for developing the Philippines as a maritime hub,” said George N. Manzano, a trade expert from the University of Asia and the Pacific. “If there are dangers…
During the first 8 months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tons (DWT). The last time more than 10 million DWT were contracted from January to August was in 2013. Newbuild tanker contracting activity during the past 5 years has been low at about 5.46 million DWT per…
Roadmaps are very important in setting the direction of every organization. But what is a roadmap? Austin (2013) defines a roadmap as a document that establishes a plan for accomplishing a particular strategic goal and describes why the goal is in place. The basic road map includes a charter, strategy and an assessment tool. Some people believe that roadmaps or…
According to the latest report by Lloyd’s Register –GLOBAL MARITIME TRENDS 2050– the triple planetary crisis, characterized by climate change such as nature, biodiversity loss, and pollution, will be the defining challenge that shapes the decades ahead. In particular, the report which is authored by ECONOMIST IMPACT is part of a new joint multi-year Global Maritime Trends program between Lloyd’s Register…
In a recently published report in June 2023, the World Maritime University studies and presents 10 trends influencing global commercial shipping. According to the Transport 2040 – Impact of Technology on Seafarers – The Future of Work Report, identifying global trends within the maritime industry is critically important since such knowledge helps stakeholders select trend relevant technologies. A Road Map…
The theme of the event was “NAVSOCOM @67: Leading Innovations, Sustaining Excellence, Forging a Legacy.” Flag Officer in Command of the Philippine Navy, VADM TORIBIO D ADACI JR PN, and the NAVSOCOM Commander, COMMO DWIGHT STEVEN M DULNOAN PN received the President after a sideboys honor was rendered to him, which was followed by a guestbook signing, before escorting him…
In a momentous event, Naval Special Operations Command inaugurated its state-of-the-art Recompression Chamber and Mess Hall. The event also featured the Convening Ceremony of Basic Naval Explosive Ordnance Disposal Class 21 (BNEOD CL-21) at NAVSOCOM headquarters, NBHA, Sangley Point, Cavite City on Monday, February 12. Warmly received by Commander NAVSOCOM, COMMO DWIGHT STEVEN M DULNOAN PN, distinguished guests, including VADM…
INTRODUCTION Since the 90’s, two of the six claimant countries in the disputed Spratly Group of Islands possessed submarines in their respective fleets. After the year 2000, this would change with the arrival of the French-built Scorpene and the Russian Kilo Class Submarines in the Royal Malaysian Navy (RMN) and the Vietnam Peoples Navy (VPN) in 2014. Things are about…
INTRODUCTION. Coordinating the tasks of running a ship at the Age of Sail was complex, and sea battles threatened the lives of all on board, which required strict discipline to survive. The sea is a hazardous place, and death awaits. Every detail of shipboard life revolves around absolute obedience. The navy captain’s power was indeed immense. To stoop and receive…
n his book “The New Rules of War” Professor Sean McFate describes the post-WWII era as a period of “durable disorder.” He cites the following evidence to support his finding: increasing challenges on the “rules-based” world order; rising number of “fragile” or “failed” states; half of the countries in the world are experiencing some form of conflict; armed conflicts today…
Could your vessel be a potential target for a cyber-attack? If you’ve got equipment with network connections on board, then the short answer is yes. Here are 8 clever tips you can follow to help protect your vessel and your business from hackers. Maritime cyber security is something you need to take seriously whether you’re operating a small fishing craft…
UNDERSTANDING INTERNATIONAL REQUIREMENTS FOR MARITIME CYBER SECURITY RISK MANAGEMENT In response to the growing threat of cyber-crime, the International Maritime Organization (IMO) has issued Resolution MSC.428(98). This regulation has since been complemented by other guidelines, notably those developed by the Baltic and International Maritime Council (BIMCO) for cyber risk management. These guidelines lay out high-level recommendations for incorporating cyber risk management into existing safety management…
Port cyber-attacks are now one of the biggest and most sophisticated threats facing port operators, notes Ed McNamara, President & CEO, Armada Risk Partners, and a port insurance broker in Cleveland, Ohio. Nagoya, Japan has become the latest in a long line of global ports to be targeted by a ransomware attack. The incident in early July had severe consequences…
The world economy is heavily dependent on maritime transport, as most of the international trade is carried out by sea. Delay in shipping can result in severe financial loss, especially for the management team in the distribution channel. This heavy dependency makes the shipping industry an attractive target for cyber criminals. The COVID-19 pandemic accelerated the digitization of the world,…
As we celebrate International Day of the Seafarer, we are pleased to present a review of the outcomes from the recent June 2023 Mission to Seafarers Executive Roundtable on Crew Welfare held in Singapore. The event focused on identifying solutions to the challenges faced by seafarers. The Roundtable explored 5 key areas that significantly impact the lives of seafarers: (1)…
The shipping and aviation industries are energy intensive, so they have a limited pool of options to choose from when it comes to decarbonization. However, green hydrogen and carbon dioxide derived from direct air capture (DAC) will both be integral in their efforts to reach net-zero. We established the Skies and Seas Hydrogen-fuels Accelerator Coalition (SASHA Coalition) to highlight the…
Executive Summary. The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has adopted the Initial IMO Strategy on reduction of greenhouse gas (GHG) emissions from ships which envisages to “reduce GHG emissions from international shipping and phase them out as soon as possible in this century.” It also expresses the ambition to: reduce CO2 emissions per transport…
Successful ammonia combustion in MAN B&W two-stroke engine marks ‘historic’ step for company and maritime sector MAN Energy Solutions has announced the successful first running of a test engine on ammonia at its Research Centre Copenhagen (RCC). The company reports the successful combustion was performed on a MAN B&W 2-stroke 4T50ME-X type and produced positive results with particularly promising data…
The year 2023 is a monumental year for the Philippine Navy. What started as a revolutionary independent force that was founded by the first Philippine President, President Emilio Aguinaldo on May 20, 1898,[i] grew to become the country’s naval warfare service that celebrated its 125th anniversary last May 20, 2023. But before the celebration of its founding anniversary, the Philippine…
The world’s predominant superpower will always create the conditions to perpetuate its global dominance and weaker nations will always be subsumed by these conditions. Like it or not, that’s just how the world works. It was true during the ancient Byzantine and Roman empires as it was true during the recent British and American empires. How do superpowers create the…