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January 17, 2024
As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter TV the cost of the crisis as well as shipping strategies to consider now.
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January 7, 2024
The large yacht market is a unique part of the maritime sector, with a very sophisticated clientele. SCHOTTEL, the German-based propulsion experts, have found a vibrant business in the yacht sector, delivering a compact propulsion solution that maximizes space onboard, and comes with favorable attributes in noise reduction and fuel efficiency. Roland Schwandt, VP Sales, SCHOTTEL GmbH, and Brian Fariello, Sales Director, SCHOTTEL, Inc., discuss the products they offer to this luxury marine sector, and the opportunities they see.
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December 17, 2023
By its very nature, maritime is inherently a risky business, particularly for the mariner who is on the literal âfront lineâ. 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.
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December 17, 2023
The competitive landscape in shipbuilding has changed dramatically, as âIndustry 4.0â 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.
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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.
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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, ASTâs founder and chairman, discusses his company's broad menu of connectivity solutions.
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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.
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Greg Trauthwein )
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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.
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December 5, 2023
Marinsa International Inc. is Wabtecâs 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 companyâs long association with Wabtec as well as the importance of this new order for ACP.
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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 âeveryone is swimming in data,â 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.
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Greg Trauthwein )
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December 1, 2023
Calling bottlenecks at the Panama Canal chokepoint a âslow burning disasterâ, with one vessel operator reportedly paying nearly $4 million to âjump the lineâ, Peter Sand, Chief Analyst, Xeneta, examines the key market trends that will drive the container shipping sector in 2024.
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November 26, 2023
The shortage of mariner globally is well documented, a shortage that impacts the U.S.â 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.
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November 26, 2023
As maritime faces transcendent changes in terms of decarbonization and automation, Juha KytĂślä, 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 Wasalineâs Aurora Botnia.
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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.
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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.
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October 15, 2023
The Finnish maritime industry is long-tenured and well-regarded, particularly in the areas of decarbonization, icebreaking and luxury passenger vessels. Ulla Lainio of Business Finland and Vesa Koivumaa of Wärtsilä discuss the opportunities that they see in and around North American ports, terminal and shipyards.
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September 19, 2023
As Empire State VII, the first in series of the National Security Multi-Mission Vessel (NSMV) â the purpose-built, state-of-the-art training ships for the state maritime academies â get post-sea trial touch ups at Philly Shipyard, Maritime Reporter TV visits with Captain Morgan McManus, she shipâs master, to discuss this ships new technologies and facilities that will be instrumental in teaching a new generation of seafarers.
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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.
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September 6, 2023
âNothing will ever be the sameâ 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.
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August 21, 2023
There is no relief in sight for container shipowners, as the container rates sank to a two-year low according to Xenetaâs 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.
