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.: 14-Aug-2015 :.
Displaying 1 to 4 of Records.
Page 1 of 1
1
ABS Drives Game-Changing Technology through Academic Research
ABS, a leading provider of maritime and offshore classification services, revealed significant advances in technology at its recent University Partnership Symposium in Houston. The research ABS is funding through some of the top universities around the world will lead to disruptive technology that will impact the role of classification.
Academic leaders from the Massachusetts Institute of Technology, the University of California at Berkeley, the University of Michigan, George Washington University and the State University of New York Maritime College presented at the ABS-hosted event, which engaged participants from academia and industry.
"ABS is investing in research that will drive game-changing innovation and technology," says ABS Chairman, President and CEO Christopher J Wiernicki. "Our global innovation ecosystem includes ABS engineers and scientists at six technology centers around the world, partnerships with prestigious academic institutions, scholarship programs, and contributions to academic infrastructure and chair endowments."
Wiernicki added, "ABS believes the Class of the Future will be characterized as more condition-based, more continuous-based and more risk-based." Targeted research is being carried out in support of this. The University Partnership Symposium served as a forum for top US universities to present the results of ABS-funded initiatives that will be the building blocks of Class of the Future, inviting input from industry participants that will be used to refine ABS research efforts.
The symposium featured three of ABS' core technology focus areas. According to ABS Chief Technology Officer Howard Fireman, "The programs highlighted at this forum emphasize some of the most critical technologies for Class of the Future, including sensors and autonomous inspection, materials innovation and nanotechnology and the application of analytical tools like computational fluid dynamics. ABS bridges the gap between research and application - partnering with academia and industry to develop and advance sustainable industry solutions that foster new ways of thinking and working that support our mission."
This type of collaboration and knowledge-sharing are critical to expediting innovation. Through symposia like this one, ABS will continue to convene industry and academia to discuss key areas to benefit industry and spur innovation. Through its extensive research initiatives, ABS will be instrumental in developing not only new tools and techniques, but new ways of problem-solving and decision-making.
Source: ABS
Posted On:
14-Aug-2015
Credits:
www.hellenicshippingnews.com
UK Shipbuilding Could Return
One of Britain's largest dry docks may see the resurgence of ship building in the UK. Entrepreneur and multi-millionaire, Jim McColl, has ambitions to return "ocean-going" ship building to the River Clyde, Scotland. In the surprising move, Mr. McColl has expressed his interest in expanding his business from smaller ferries to commercial ships, with its base potentially being at Greenock's Inchgreen dry dock, owned by Peel Ports. Having seen success after saving Ferguson Shipyard from administration last year, Mr. McColl is already receiving "requests" to build bigger ships than what his yard can currently handle.
Posted On:
14-Aug-2015
Credits:
www.shiptalk.com
Anti Piracy Vessel Arrest
The troubled anti-piracy vessel "Seaman Guard Ohio" appears to have run into more trouble. According to press reports a "marine services company" has secured the arrest of theUS-owned patrol vessel over unpaid dues for supplies and services provided to the ship.
The Bombay High Court has ordered the Seaman Guard Ohio (built 1984) to be arrested in south east India last week.
Oman based Future Tower International LLC, claims the court has ordered the shipowner to deposit US$162,000 together with interest at the rate of 18% to release the ship.
It is alleged that Future Tower has a maritime claim against the vessel manager Advanfort for the supplies and services provided to the ship in course of its voyage.
"Seaman Guard Ohio" has been subject of a high profile case in India, after the arrest of the vessel in Indian waters as it was carrying weapons. The armed guards who were detained as part of the arrest are still fighting the Indian legal system to clear their name.
Posted On:
14-Aug-2015
Credits:
www.shiptalk.com
Suez Canal’s Surplus Capacity
The impressive ‘New Suez Canal’ project will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer vessels than expected by its sponsors.
The expansion of the Suez Canal into a two-lane maritime highway, from what could have been described as a congested single country lane, has gone slightly under the radar with more attention paid to the $5 billion widening of the Panama Canal that won’t be ready until next year.
The world is now paying very close attention, impressed as much by the speed of completion as the impact it will have. The ‘New Suez Canal’ project was first announced in August last year in an address to the UN General Assembly by Egypt’s President Abdel Fattah El Sisi, who said it would be the “Egyptian people’s gift to the world.” The $8.5 billion project was originally scheduled to take three years but was instead completed inside one year thanks to some political chivying with the lavish official opening ceremony taking place last Thursday (6 August) in front of thousands of dignitaries from around the world.
The Suez Canal Authority (SCA) estimates that 8% of the world’s maritime traffic passes through its canal and believes that more will come now that a second passage has been added. It expects the New Suez Canal will help to nearly double the average number of vessels transiting per day from 49 to 97 and more than double the revenue to $13.2 billion within 10 years.
The Egyptian people have invested a lot in the project with all of the funding coming from nationals within six days of asking, but without having seen the prospectus Drewry cannot see how the ambitious short-term projections can be met. The SCA’s net tonnage and tolls (based on NT) have been broadly flat for the past four years and have only just reached the pre-financial crisis levels of 2008. To achieve their ambitious targets, the SCA would somehow need to see toll revenue grow at around 10% yearly, when the outlook for shipping is nowhere near that level.
Source: Drewry
Posted On:
14-Aug-2015
Credits:
www.bunkerportsnews.com
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