The number of alarms onboard ships must be rationalised to ensure they support officers’ and watchkeepers’ operational decision-making capabilities and are not a distraction or irritation, finds new research conducted by Lloyd’s Register (LR).
New research estimates that the maritime artificial intelligence (AI) market is now valued at USD $4.13 billion, with a projected five-year compound annual growth rate of 23%.
Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulations and could extend the life of older vessels, if barriers to adoption can be overcome, according to a new LR report.
Cash-rich dry bulk shipowners returning from their summer vacations have enjoyed markets characterised by remarkable stability, with spot rates trading in atypically narrow ranges.
ClassNK has released its annual report on Port State Control.
INTERCARGO-registered dry bulk ships continue to outperform the industry average in both deficiencies and detentions, as highlighted in the latest INTERCARGO Benchmarking Report on Bulk Carriers.
Annual casualty figures from INTERCARGO, the International Association of Dry Cargo Shipowners, highlight continuing improvement in the safety performance of the sector.
The opportunities for the UK to become an early mover in the deployment of zero emission fuel have been highlighted in a new report published by UMAS, an independent maritime and energy decarbonisation consultancy, and Arup, a global sustainable development consultancy.
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