President and chief executive Sveinung Stohle is confident Hoegh LNG can continue its present momentum and lock up bank financing for two unfunded floating storage and regasification unit (FSRU) newbuildings.
New frontiers in information technology and data harvesting offer the chance to radically renew shipping's business model over coming decades, but it will demand managers with a vision to deliver, a respected analyst has said.
As Nor-Shipping’s flagship conference asked what is next for shipping in a world facing increasing conflict risk, it was one of the industry’s oldest adages that came to the fore. What’s bad for the world is good for shipping, delegates heard from a collection of respected owners.
Big data and the connectivity of ships with computerised operating systems are the two big things expected to come into shipping over the next five to ten years, according to a panel of maritime experts at the Nor-Shipping conference.
DNV GL is revising its predictions for the technical development of shipping by 2020 as a number of emerging technologies are developing faster than it envisaged three years ago when it made the forecasts.