Monthly Archives : November 2016

Kelvin Hughes

MOD Employer Recognition Scheme Silver Award Goes to Kelvin Hughes

Kelvin Hughes, a world leader in the design and manufacture of navigation and security surveillance radar, was presented with a Silver Award by the MOD Employer Recognition Scheme (ERS) in acknowledgement of its support for the principles of the Armed…

Comments Off on MOD Employer Recognition Scheme Silver Award Goes to Kelvin Hughes / 16th November 2016

suez canal

Egypt’s Ailing Economy Likely to Get Boost from Developments in the Suez Canal

There might still be hope for Egypt’s ailing economy, despite it not being clear to many. In fact, it could enjoy the same benefits as Dubai’s Jebel Ali, with the now dual carriage waterway on the Suez Canal.
Suez Canal today may seem at a disadvantage, what with the competition from the Panama Canal, lower bunker prices, and the turtle’s pace in the global trade. But it has all the potential to transform Egypt’s ailing economy. The $8bn expansion of the Canal will maintain its primary role as the lifeblood of the Egyptian economy, which has been going on for the last 150 years or so.

No Comments / 9th November 2016

smart shipping

Smart Shipping: Demand for Training in the Use of Shipboard IT Technologies Increased

There might be a need to bring the smart concept in the shipping industry, but group CEO of Elektrans Group, Capt. Michael P Elwert, is quick to admit that the slow-paced training, or the lack thereof, is costing the industry a new generation of seafarers. When asked if the industry is doing enough to train tech savvy newcomers, during the UAE Maritime Leaders’ Summit, Elwert bluntly said no. “A pure, pure answer to your question is no, we are not doing it well…I think it is something we [the industry] have to recognize we don’t do very well.”

No Comments / 9th November 2016

smart shipping

Cost and Cybersecurity: Major Hurdles to Smart Shipping Success

Speaking to attendants of the UAE Maritime Leaders Seminar, which kicked off the Dubai Maritime Week, Coles voiced out his concern that the cost of real-time transfer essential to smart shipping is too expensive. Price of mobile satellite air-time has to come down to facilitate connectivity necessary to transfer large amounts of data from ship to shore in real-time. Otherwise, there will be no ‘smart’ in the shipping industry. If there is, it will be too costly to implement and maintain.

No Comments / 9th November 2016

Global offshore industry

SGX Reprimands Swiber over the Lack of Transparency of the $710m West Africa Project

Global offshore industry Swiber received a public reprimand from the Singapore Exchange (SGX) on the grounds of the lack of transparency. Apparently, Swiber failed to disclose all information pertaining to a $710m deal in West Africa. This has led to the company being under judicial management.

No Comments / 4th November 2016

Maritime Awards

Seatrade Maritime Awards 2016 Winners

The recently concluded Seatrade Maritime Awards Middle East, Indian Subcontinent & Africa 2016 awarded excellence to some of the biggest names in the shipping and maritime industry. It was definitely a night of fun and excitement, with accolades flowing as freely as the wine being served.

No Comments / 4th November 2016

cybersecurity

Cybersecurity Threat in the High Seas? Inmarsat’s Security Solution to the Rescue

Inmarsat is set to roll out a Unified Threat Management (UTM) solution that was developed in partnership with Singtel and Trustwave. The cybersecurity solution has some amazing features, designed to address the growing number of cyber threats that know no boundaries.

No Comments / 4th November 2016