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K Line looks to artificial intelligence to keep ship machinery operational
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and compatriot Kawasaki Heavy Industries, Ltd. (KHI) as well as Preferred Networks announced that they have concluded a co-development contract for “AI (Artificial Intelligence)-based Marine Machinery Operation Support System that is expected to be part of the core technology to achieve autonomous vessel operation in the future. The system
New Maritime Magazine now online
This autumn issue of Maritime Magazine (#102) has exceptional content as the global economy unevenly pursues post-pandemic recovery. Our annual feature on North Atlantic trade contains a revelation: Germany is showing signs of overtaking BREXIT-struck UK as Canada’s leading merchandise trading partner in Europe, a development that few would have ever dared predict! The special
Cosco Shipping increases ownership stake in Greece’s Port of Piraeus
Dalian, China — State-owned Cosco Shipping, has boosted its stake in Greece’s largest port from 51% to 67%. This reinforces its control over an important link in China’s Belt and Road initiative. “The company aims to help the port of Piraeus strengthen its position as a major port in the Mediterranean and become an important
Panama Canal posts record annual tonnage
The Panama Canal closed its fiscal year 2021 (FY21) with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), coming in 8.7% higher compared to the 2020 fiscal year (FY20) and 10% above tonnage registered in FY19, the waterway’s last pre-pandemic fiscal year. “I am grateful for and proud of our world-class workforce,
Wärtsilä’s engine to power McAsphalt’s LNG-fuelled asphalt carrier
Finland’s technology group Wärtsilä has received an order to supply a propulsion system for a dual-fuel asphalt carrier built for Canada’s largest bitumen industry dealer McAsphalt The vessel, which is being built by Chinese shipbuilding company Wuhu Shipyard, will be equipped with two 20DF dual-fuel engines, as well as the company’s controllable pitch propellers, gearboxes,
Containers from MV Zim Kingston found ashore on Vancouver Island
The Canadian Coast Guard reported today that four containers from the stricken MV Zim Kingston that last week lost more than 100 units have been found ashore on the north end of Vancouver Island. One of the Coast Guard helicopters spotted the containers near Cape Scott. “Unified command has provided this information to the ship’s
Double-digit increase in Port Saint John cargo
Port Saint John in New Brunswick announced that overall cargo tonnage in the first three quarters of 2021 was 19% higher than the same period in 2020. The first three quarters of 2020 saw 18.6 million tonnes of cargo handled, with 2021 recording 22.2 million tonnes by the end of September. In the container sector,
Shipping lines reject planned LA/LB port surcharges on import containers
Trans-Pacific shipping lines say they have no intention of paying new “emergency” fees that will go into effect Monday in Los Angeles and Long Beach, according to a report on the JOC.com daily news platform. The highly-congested port complex is making a last-ditch effort to improve the flow of containers by penalizing carriers when boxes