Recession in shipping is blamed partly on oversupply of vessels. When you look at number and tonnage of existing ships and the new-build orders, one finds Greek owners are front runners in both areas. But then one wonders why they want to add to the glut with new-builds when they already own so much floating tonnage. The Greeks have historically been adept at riding the shipping market cycles. Their traditional business sweet spot has arguably not been maritime transportation

In a previous blog, I had discussed the evolution of data and communication in the marine industry and how predictive analytics is the next big thing. By presenting possible near-future scenarios like upcoming bad weather, a sudden decrease in engine efficiency, or a more fuel-efficient route, predictive analytics means your key personnel can make more informed decisions to improve safety and efficiency. However, the best information is of little use if it is not viewed by th

Information is vital for business. Relevant information received at the right time has always given a competitive advantage. It is interesting to see how information in the shipping industry has evolved over time – the most vital pieces of information have not significantly changed for centuries. This information includes: How much cargo can the ship carry? When will the ship arrive at the port? How much time is required to load the cargo? When will the ship depart from the p

My LinkedIn journey did not start as a conscious attempt to build a brand or establish a presence online. It all started when I joined Linkedin and began to build a network as an MBA student. A group for like-minded classmates was formed. There were about 60 of us sharing thoughts, ideas and research information. Then people started asking if they could join us – first juniors, then seniors. Now this same group has over 5000 members. Today, the profile is amongst the most c

LNG ships are specialized modes of transportation of natural gas as cargo, which by its very delicate nature of being carried in cryogenic liquid form, dictates efficient and safe cargo management on-board. LNG cargo, due to its volatility and special nature, is affected greatly by temperature and movement, causing continuous boil-off. This means the boil-off needs to be continuously dealt with on-board. Traditionally it has been burnt off in the main boiler used for propulsi

The UN in 2015 with an aim to end poverty, protect the planet and ensure prosperity for all, unanimously adopted the Sustainable Development Goals (SDG) also known as ‘Global Goals’. Under the SDG, Goal 14 states: “Conserve and sustainably use the oceans, seas and marine resources”. The goal has a specific target to be achieved over 15 years, wherein everyone needs to do their part, i.e., governments, private sector, civil society and ordinary people. With over 3 billion peop

With sensor information on board LNG vessels and enrichment using the laws of physics and mathematics, companies have developed the technology to precisely ascertain the real time rate of boil-off on an LNG vessel at any instant and in any situation that the vessel finds itself. The LNG rate of boil-off is not an unknown entity as such, as it can be calculated in test conditions in a laboratory. This has however not until recently been attempted on board in a scientific manne

Affordable Care Act (ACA) was brought in to increase overall healthcare and expand medical coverage for all. Under the act signed on 23rd March 2010, hospitals and primary healthcare centres would transform financially, technologically, and clinically to drive better health outcomes, lower costs, and improve their methods of distribution and accessibility. When you look at relative parallels in the shipping industry, you will realise you don’t need to look far. We sat down a