have Machine Vision shipowners, and we are also seeing in- for responding to challenging situations. Groke Pro is the ? rst machine vision terest from insurance companies. In Groke Pro was not designed to re- solution to obtain Innovation Endorse- high-risk situations, a recording of im- place crew on board
a judicious selection of approaches and treatment a return on The Author investment can be realized. Inspection of the treatment installations is the “insurance” Fischer required to ensure that all the effort going into a quiet ves- Raymond Fischer (pictured) and Leonid Boroditsky have been involved with
manage- businesses to lower the risk of loss from an incident. ment experts in 92 countries and territories including CEOs, risk managers, brokers and insurance experts. The closely inter- Natural Catastrophes linked peril of Business Interruption ranks second while Natu- For Marine and Shipping risk professionals
in October 2023, clearing way for the builds to be completed by another yard. Eastern secured the contract to complete the builds from Zurich American Insurance Company, the issuer of the performance bonds for the original MPSV contracts. “The vessel structure is mostly complete with the vast HOS Panama
WASTEWATER TREATMENT Fish don’t eat steak pie and chips. – Iain Milnes, President, Power Knot Cunard’s Queen Anne will have 26 Power Knot systems installed. Image courtesy Power Knot Image courtesy Power Knot Kirsch, Area Manager for Advanced Wastewater Treatment vent its discharge. President
PASSENGER VESSELS A recycling rate of 70% is technically and commercially feasible with today’s technology. – Björn Ullbro, CEO of Evac Group due reject and food waste reject. HydroTreat turns de-watered organic waste from black/gray With these varied sources covered, the industry is direct- water
of tons of greenhouse nize self-interest, for example even through their own banks gases every year. But if the IMO doesn’t curb shipping mis- and insurance companies, the choice of national jurisdiction sions, it’s unclear who will. in the form of ? ags of convenience, and even until recently through
. The energy invest- tal costs required for new ship design, the SMR modular ment can lead to reduced costs for maritime applications. application, insurance, crew training and welfare, and the The issue moving forward will be de? ning the economics ability for the market and vessel type to save lost
, today there for the taxable year for cargo handling equipment, (3) the is more than $2.5 billion on deposit in CCF accounts held net sales or insurance proceeds from the disposition of cargo by more than 140 fundholders who own or operate vessels handling equipment, and (4) the receipts from the
, the captain can save fuel by avoiding unnecessary re-anchorings as well as protect Popeye. Storing the footage provides also a sys- tem of record for insurance purposes. Beyond PopEye: Pirates, The team @ United States Coast Guard headquarters Overboard and Perimeter in Washington, DC with Katie Burkhart
. Navy has been testing drone ves- emergence of USV and MASS challenges the concepts of sels under its drone boat evaluation program, Ghost Fleet marine insurance, limitation of liability statutes, and the Overlord. The U.S. Navy is focusing on autonomous ves- Rules of the Road. In March 2023, the USCG released
TECH FEATURE GYRO, INERTIAL NAVIGATION Advanced Navigation Expands DFOG Range dvanced Navigation announced the expansion of its Boreas digital ? ber- optic gyroscope (DFOG) range: the new A Series. The Boreas A90 and AA70 are strategic-grade inertial mea- surement units (IMU) designed to deliver
OFFSHORE WIND 3) Finance and insurance providers in certain markets with battery energy storage and shore power connections. have become more interested in incentivizing investments that have less of an environmental impact. And what about the challenges? 4) A younger workforce who are increasingly less
over the past decade, f res on board vessels remain among the biggest safety issues for the maritime industry. AGCS analysis of over 240,000 marine insurance industry claims between January 1, 2017, and December 31, 2021, worth approximately $10B in value, shows that these are the most expensive cause
ship- and territories, including CEOs, risk risks, while there have also been a num- ping ? eets to measure and improve the managers, brokers and insurance ex- ber of blazes on container ships and in carbon intensity indicators is a recent perts. The overall global results reveal warehouses. example
Vessels USACE Crane Barge Southwest Shipyard in Houston for a new crane barge on the St. Marys River. “The new crane barge will perform critical lock and hy- dropower facility maintenance at the Soo Project Of? ce (Soo Locks),” said Justin Proulx, Chief of the St. Marys River Section. “Additionally
to setting administrator of the American Longshore Mutual Associa- standards for safety and excellence in design and construc- tion Ltd., a group self-insurance fund authorized by the tion. Focused on safe and practical application of advanced U.S. Department of Labor to provide USL&H coverage for technologies
effects of the pandemic continue pressures heighten risk Covid-19 measures in China, a surge in consumer demand to challenge the industry. The insurance industry remains a and the invasion of Ukraine have all been factors in ongoing steadfast partner helping the industry navigate these unprec- unpreceden
Insurance 2022 SHIPPING & PORT ANNUAL Post-pandemic world brings heightened risks for shipping hile the Covid-19 pandemic resulted in few di- global maritime workforce already facing shortages. Russian rect claims for the marine insurance sector, the seafarers account for just over 10% of the world’s 1.
USCG works to ease Supply Chains Woes 23 Shipping & Ports Annual Commandant Adm. Linda Fagan discusses the Coast Guard’s role in 26 Maritime Risk & Insurance helping to ease chronic supply chain disruptions. 38 Tech Talk: AI in Ports By Eric Haun 39 On the Book Shelf: Port Newark & Containerization 40
the U.S. Navy and 16 Digitalization USCG, from spruce up to dramatic make-over. 18 The Path to Zero: Armach By Edward Lundquist 20 The Path to Zero: Insurance 56 Tech Feature: Bearings 56 In the Shipyard 34 Offshore Wind Drives Shipyard Innovation 60 Buyer’s Directory While there have been many starts
Project Manager at Volvo Penta we are piloting and we are testing,” Inden said. “We want to understand how it will work in real commercial operation— insurance, additional ? nancing, responsibility, data protec- tion, et cetera. That is really what we’re trying to nudge here to get that discussion going
regularly to this magazine. 5 Alan Weigel, of counsel, Blank Rome, focuses his practice on all 3 Don Gale aspects of commercial and insurance litigation and is a freelance writer with over three decades of engineer- arbitration, with particular emphasis on the mari- ing and naval architecture
Commercial Service can assist in identifying prospective Indian partners for U.S. businesses. Our trade experts can also provide background checks on speci? c foreign compa- nies to help determine their suitability as a potential busi- ness partner. What are some of the challenges that U.S. marine tech