Digitalization is happening now in the shipping ecosystem. Big words aside, what this means to shipowners is that information about equipment, processes, you name it... can be generated, stored and analyzed in larger quantities, with more precision, and from new vantage points.
Stena Line is embracing new technology and working with technology company Hitachi to develop an artificial intelligence (AI) model that will help predict the most fuel-efficient way to operate a certain vessel on a specific route.
Shipbuilder Japan Marine United (JMU) is rolling out its latest “J-Series” bulker design which uses technology to overcome negative impact of meeting new regulations.
Precious Shipping has lost an arbitration over excessive fuel consumption on ultramax bulkers built at Taizhou Sanfu Ship Engineering in China.
IM Skaugen Group has won an arbitration proceeding against MAN Diesel & Turbo SE in relation to disputes on Skaugen’s purchase of 12 marine diesel propulsion systems from MAN, a Volkswagen Group affiliate.
Hundreds of installed Wärtsilä engines are affected by misreported fuel consumption figures, an internal audit has revealed.