Besides fuel costs, personnel costs and costs for maintenance and repair make up the largest share of the operating costs of a merchant ship. They account for up to 30 or 25 per cent of the total operating costs. Increases in efficiency in these areas can therefore lead to decisive competitive advantages for shipping companies....
A new online platform has been developed to help ship operators source marine fuels and lubricants in ports across the world. Digital disruption is coming to the marine fuels and lubricants market with the launch of a new sourcing platform set to simplify business for both buyers and sellers. Bulugo’s easy-to-use, purpose-built platform – available...
AVEVA, a leader in engineering and industrial software, has announced an important update to its AVEVA E3D design software that addresses the specific needs of the marine sector. Designed with the most up-to-date user interface principles and best practices, intuitive and easy to use, AVEVA E3D Design software combines the latest three-dimensional graphics and user...
Implementation of technology and digitising processes and procedures is an obvious way to improve efficiency and ensure vessels are running at optimum levels, but many shipowners are still wary of changing the status quo, writes Alexander Buchmann, managing director of Hanseaticsoft. This is something that is slowly changing, and technology is starting to reshape how...
ClassNK has released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.6.0.0, developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). The new version incorporates the latest rule amendments to CSR BC & OT including amendments based on feedback from the industry. Additional...
Seattle-based Foss Maritime has launched a project to centralise fleet management and operations using marine software platform, Helm CONNECT. The agreement with Helm Operations will see Foss centralise its vessel dispatching, billing, maintenance, compliance, and personnel management in the Helm CONNECT software platform. The platform is an integrated software solution that helps shipping companies to...
The Korean Register (KR) has updated its SeaTrust-HullScan software that benefits from improved speed and quality analysis of the structural integrity of ships. SeaTrust-HullScan is a software package that analyses the structural strength of bulk carriers, double hull oil tankers, and containerships based on KR’s Rules and the Harmonized CSR. The updated version (V2) includes...
BIMCO has developed a Maritime Reporting Model (MRM) for ship masters that reportedly reduces the administrative workload associated with port calls by 80%. The MRM enables the master to type in the required information related to port clearance one time. This allows more time for the master to focus on managing and navigating the...
The Korean Register (KR) has released its 16th KR-CON, a software program that helps shipowners, operators, builders, surveyors, and Port State Control officers to search for International Maritime Organization (IMO) instruments more accurately, quickly, and conveniently. The program, which was first launched in 1997 provides all IMO conventions, codes, resolutions and circulars in a CD-ROM...
The Department of Engineering and Architecture (DIA) of the University of Trieste, Fincantieri and Intergraph Italia, part of Hexagon group, have announced the inauguration of an Integrated Ship Design Lab in Italy. The Laboratory will be used for research activities regarding instruments and methods for integrated ship design, for activities involving third parties (relationship with...
TrueProp Software, a company that developed software for marine propeller inspection, has announced the launch of the new Improved Propeller Inspection and Metrology Joint Industry Project (JIP). The six-member JIP will address the development of methods and software code for improvements in propeller inspection, geometric modeling, and compliance standards. The purpose of the project is...
Wärtsilä has agreed a deal to acquire Transas for €210 million, to leverage its navigation, simulation and monitoring systems in accelerating the development of Wärtsilä’s Smart Marine Ecosystem concept. Transas’ current annual net sales are in the region of €140 million, via 22 regional offices worldwide and a distribution network that spans 120 countries. It...