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Member & Industry News

New ABS Model Offers Quantitative Cyber Risk Assessment for Marine Assets

ABS today announced its successful development of a groundbreaking new methodology to measure cyber security risk associated with operational technology, providing marine and offshore clients a calculated risk index for vessels, fleets and facilities. The index quantifies cyber security risk and gives owners and operators an actionable strategy to reduce cyber risk onboard a vessel.

Member & Industry News

ABS Strengthens Digital and Strategic Leadership

Never before in recorded history has so much change and disruption in the shipping industry been occurring at such an accelerated pace.  The advancements in digitalization, automation, and more are prompting risks as well as rewards, requiring intentional expertise.  This intentionality will help mitigate risks and will help protect the marine environment from accidents and damage.  -Carleen Lyden Walker, Co-Founder and Executive Director, NAMEPA

Key appointments in organization’s digital class strategy build solid foundation for the future of classification

Member & Industry News

Dorian LPG Selects ABS to Evaluate LPG as Fuel and other 2020 Compliance Options

(Houston, ABS Media Relations) ABS, a leading provider of classification and technical services to the marine and offshore industries, has been selected by Dorian LPG to provide an in-depth techno-economic analysis, laying out compliance options for impending global sulfur cap requirements. Dorian LPG owns and operates a fleet of very large gas carriers (VLGCs), transporting liquefied petroleum gas around the world.

Member & Industry News

What Will Power Shipping in 2050?

In the KNect365  blog post last year: “12 experts evaluate the shipping industry’s potential to go green” we discussed shipping’s potential to meet the IMO’s 2020 sulphur cap. 2020 isn’t very far away, so the question arises – what are shipping companies actually doing right now? How many ships are actually using LNG? Are any commercial ships using biofuels, or wind?

Luckily, the answer comes to us from Dr. Nishatabbas Rehmatulla. In a paper published in January 2016, Dr. Rehmatulla and his team at University College London Energy Institute along with IMarEST, RINA and the MEPC surveyed 275 shipping companies representing 5,500 ships (or 20% of the wetbulk, drybulk and container industry). Just 1.5% of shipping companies said they were using LNG, .2% Biofuels, and .1% Solar. None of the companies that responded were using Wind Power, Kites, Sails or Flettner Rotors.

I asked several experts in the industry, including Dr. Rehmatulla, which alternative fuel they thought would see the largest growth by 2050. Will LNG remain on top of the heap – or will the recent highly publicized Norsepower/Maersk Tankers wind propulsion collaboration lead the way for commercial shipping to embrace wind shipping? 

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