Cyber-attacks “can happen now”, and shipping has a steep hill to climb when it comes to increasing technical competencies amongst seafarers, says Lloyd’s Register’s (LR) Luis Benito.
The Dutch Postcode Lottery has funded a Carbon War Room (CWR) project to retrofit efficiency packages on three German-flagged heavy-lift vessels, with expected fuel savings of 25%.
Despite the grim projections for overall Chinese demand, Clarksons Platou director Mark Roberts has a more positive outlook for the chemical tanker industry.
Shipping companies leaving themselves vulnerable to cyber-attack also risk massive financial liability for damage to other businesses, warns executive director of the Institute for Cyber Security Innovation Robert Carolina.
A diverse range of cargoes keeps chemical tanker owners in a stable but very low-profit-margin environment, but a constant demand over ship age from charterers is forcing owners to order newbuildings that could ironically be a threat to safety.
APM Terminals has completed its $1bn acquisition of Spanish Grup Maritim TCB’s port and rail interests, adding 7% its global volumes.
When the news broke that Volkswagen had used software to cheat emissions testing procedures, the rest of the car industry stayed quiet on the matter, happy to let the German carmaker take the fall. But as investigations delved deeper it was found to be less a VW-emissions-scandal and more of an entire-automotive-industry-emissions-scandal.