Yearly Archives: 2023
Samsung Heavy’s Compliance Management System Receives International Certifications
Samsung Heavy secures integrated international certifications for its compliance management system, mentions a Samsung Heavy Industries news source.
ISO 37301 and ISO 37001
Certified to ISO...
Lessons Learned: Lithium-ion Battery Fire
MAIB in its Safety Events reports about Lithium-ion battery fire.
What happened
water got into Lithium-ion batteries in equipment for use subsea, causing an explosion. Inspection...
What The Future Has In Store For Wearable Tech!
When people think of wearable technology today, they likely picture smart watches, fitness trackers, virtual reality headsets, and similar products. The history of wearable...
‘K’ LINE Automates Laytime Statements With AI-powered OCR
Kawasaki Kisen Kaisha., Ltd. (“K” LINE) has developed the CHRONUS system using the AI-OCR technology developed by Cinnamon Inc. (Cinnamon AI). The system automatically...
The Maritime Industry Must Improve Its Forecasting
The maritime industry must improve its forecasting to prepare for a range of possible futures, according to its leading classification society, sources LR.
Future Scenario
Lloyd’s...
LNG Market Expected To Remain Tight
One of the most significant events in Q3 was the successful float-out of what is believed to be the first mass-produced gravity-based (GBS) liquefaction...
ReCAAP ISC: 84 Armed Robbery Incidents in Asia Since January
ReCAAP ISC published its 3rd quarter piracy report, informing that during July-September of 2023, a total of 84 incidents of ARAS were reported in...
Diana Shipping Enters Offshore Wind Vessel Sector With Newbuilding Deal
Diana Shipping Inc. has signed a term sheet relating to its participation in a joint venture entity that is expected to own and operate...
China’s Weekly Coastal Bulk Freight Index Remains Flat
China's coastal bulk freight index remained flat in the week ending Oct. 20, according to the Shanghai Shipping Exchange (SSE), reports Xinhua.
The composite index...
Russia Raises Core Forecast for Traffic on Arctic Sea Route
Russia has raised by 50% its forecast for cargo that can be shipped by 2030 via its Northern Sea Route through the Arctic, reports...