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The Importance of Marine License & Liability Insurance for USCG-Licensed Mariners

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 17, 2023

By its very nature, maritime is inherently a risky business, particularly for the mariner who is on the literal ‘front line’. 360 Coverage Pros offers an extensive array of options to help protect mariners, and in fact the company has seen an uptick in business from companies that want to use the coverage as a means to attract and retain the mariners it wants and needs to power its business. Chris Buseman, VP, Specialty Insurance Programs, 360 Coverage Pros, discusses the options available.

The Digital Revolution & U.S. Shipbuilding

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 17, 2023

The competitive landscape in shipbuilding has changed dramatically, as ‘Industry 4.0’ capabilities driven by the digital revolution have given the edge to those that scout and adopt solutions that deliver on the promise of increasing efficiency while cutting costs. Juan Prieto discusses the Cadmatic suite of solutions for North American shipyards seeking to capture the competitive edge.

"Send in the Robots"

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 14, 2023

As the US Navy and even some commercial ship owners eye next-generation autonomous vessels designs, a key hurdle to leap will be the ability to service and maintain the ship while at sea with no humans onboard. Enter Fairbanks Morse Defense, which today is developing a variety of robot prototypes that will be designed to provide critical service and support in the engine room of autonomous ships.

Connectivity Hybrid Solutions Drive Bandwidth Demands

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 10, 2023

The advent of digitalization, decarbonization and autonomy are driving many facets of maritime today, perhaps none more so than the need for connectivity of ships at sea. AST has positioned itself not to be the biggest player in the market, but to be a nimble and competitive resource for the broad array of connectivity solutions. Gregory Darling, AST’s founder and chairman, discusses his company's broad menu of connectivity solutions.

New BAE Jacksonville Shiplift is on Track to Start Ops in ’25

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 8, 2023

BAE Systems Ship Repair president Paul Smith and Bryan Fraind, President and COO of Pearlson Shiplift, offer an update on the project to install a new shiplift system at BAE Systems Jacksonville, a project that will dramatically increase the efficiency and throughput of ships in the Jacksonville shipyard.

Volvo Penta Charts Success in the CTV Market

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 5, 2023

In New Orleans Volvo Penta showcased its updated D16 marine diesel engine, as well as its IPS30 pod drive. Dave Brown, Director, Marine Commercial Sales, Americas, Volvo Penta, discussed with MR TV the success its had, the prospects it sees in the North American crew transfer vessel (CTV) market serving offshore wind.

Marinsa Banks Order for 20 Wabtec Engines to Power 10 ACP Tugboats

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 5, 2023

Marinsa International Inc. is Wabtec’s oldest channel partner, and late last month it announced an order for 20 Wabtec 8L250MDA marine engines, power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Adrian Wälchli, President, Marinsa International, discusses with MR TV his company’s long association with Wabtec as well as the importance of this new order for ACP.

ABS Wavesight Accelerates Growth

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 5, 2023

Reflecting on the first 12 months since the launch of ABS Wavesight in December 2022, Paul Sells, President and CEO, says that “everyone is swimming in data,” and this ABS-affiliated, software-as-a-service company is experiencing strong growth and is well-positioned to capitalize on growing digital needs from ship owners and operators. Last month at its 23rd Annual Users Conference, the company announce a number of updates and enhancements to its fleet management software, Nautical Systems.

Container Shipping Quagmire Continues

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on December 1, 2023

Calling bottlenecks at the Panama Canal chokepoint a ‘slow burning disaster’, with one vessel operator reportedly paying nearly $4 million to ‘jump the line’, Peter Sand, Chief Analyst, Xeneta, examines the key market trends that will drive the container shipping sector in 2024.

NOAA is Hiring Mariners

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on November 26, 2023

The shortage of mariner globally is well documented, a shortage that impacts the U.S.’ National Oceanic and Atmospheric Administration (NOAA). In a recent interview with Maritime Reporter TV, Chris Nichols, Professional Mariner Recruiter, NOAA, discusses the rationale for considering a career at sea with NOAA, including a $10,000 signing bonus.

Meet the CTO: Juha Kytölä, Wärtsilä

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on November 26, 2023

As maritime faces transcendent changes in terms of decarbonization and automation, Juha Kytölä, Director of R&D and Engineering, Wärtsilä, discusses how this Finnish maritime technology powerhouse is investing in the technologies and facilities that will drive the maritime industry for the coming generation, including insights on its unique arrangement for a future fuel engine testbed onboard Wasaline’s Aurora Botnia.

Big Ships and the Fuel Cell Future

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on November 13, 2023

Markus Wagner of Siemens Energy and Søren Kildedal of Advent Technologies discuss collaboration on the use of methanol and an integrated fuel cell energy solutions for the maritime industry.

"We think in decades, not quarters”: Bleecker Street Group Acquires Two Maritime Software Companies

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on November 7, 2023

Bleeker Street Group, a New York City-based investment company, has made a pair of notable maritime industry acquisitions: Ripple (formerly Marine CFO) and Marine Learning Systems. Maritime Reporter TV visits with BSG founder Chad Mitchell to discuss these maritime software company acquisitions, as well as his view on the industry and its prospects as a whole.

Behind the Scenes on Empire State VII with Captain Morgan McManus, SUNY Maritime

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on September 19, 2023

As Empire State VII, the first in series of the National Security Multi-Mission Vessel (NSMV) – the purpose-built, state-of-the-art training ships for the state maritime academies – get post-sea trial touch ups at Philly Shipyard, Maritime Reporter TV visits with Captain Morgan McManus, she ship’s master, to discuss this ships new technologies and facilities that will be instrumental in teaching a new generation of seafarers.

AST Harnesses the Power of Connectivity, Digitalization

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on September 7, 2023

Latest advances in digital technologies and faster, cheaper connectivity walk hand-in-hand as vessel owners of all sizes aim to cut fuel consumption, cut emissions and increase efficiencies. AST is aiming to do both, offering connectivity plus a suite of productivity solutions developed with its customers, for its customers. We recently visited with AST CEO Andrew Peters for an update.

Container Shipping Outlook: Transatlantic Meltdown Continues

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on September 6, 2023

“Nothing will ever be the same” in the container shipping sector, says Xeneta Chief Analyst Peter Sand, as post-pandemic logistics, coupled with changing trade patterns and geopolitical conflict continue to reshape the container shipping industry today. Next up: a massive influx of new container shipping tonnage and capacity, with the world fleet projected to grow nearly 6% both this year and next.

Container Rate Collapse Deepens as New Capacity Enters the Market

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on August 21, 2023

There is no relief in sight for container shipowners, as the container rates sank to a two-year low according to Xeneta’s Shipping Index, down 9.5% since June 2022; down nearly 58% from the same period in 2022. With trade patterns changing and a glut of new tonnage coming into the market in 2023/24, the downturn could continue for a long time. Emily Stausbøll, Market Analyst, Xeneta discusses the current market drivers with Maritime Reporter TV.

Clearing the Path

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on August 15, 2023

As debate rages over the use of Artificial Intelligence across industries, Orca AI’s ‘intelligent’ safety platform for the maritime industry leverages AI and the cloud to help prevent collisions, and the tech solution is gaining steam with some big name influencers around the maritime world.

ABS Wavesight Enables Shipowners to Unlock Value from Digital Solutions

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on July 31, 2023

With a thicket of new, emerging and ever-tightening regulations being put on shipowners to monitor, manage and reduce emissions, organizations like ABS Wavesight are well-positioned to help. Paul Sells, CEO, ABS Wavesight, discusses how his organization works with organizations across the maritime spectrum to help them understand the value and ROI on an investment in digitalization solutions.

Trade Shifts: US Overtakes China as Top Spot for South Korean Goods

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on June 29, 2023

Tumult in the container shipping sector continues, as geo-political conflict, the climate and labor issues continue to define the major trade routes. In this edition of Container Shipping Outlook, Xeneta’s Chief Analyst Peter Sand discusses how the United States has emerged (over China) as the top spot for South Korean goods; the Far East to South American East Coast spot rates have jumped 49%; and how lack of water and resulting draft restrictions are impacting the flow of goods through a major supply chain choke point, the Panama Canal.

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