Sea Technology

AUG 2017

The industry's recognized authority for design, engineering and application of equipment and services in the global ocean community

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Page 9 of 76 August 2017 / st 9 soundings )) Maritime Industry Suffers from Poor Data Sharing, Collaboration. The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration, ac- cording to a new report and industry survey by the Business Performance Innovation (BPI) Network in coordination with Navis and XVELA, both part of Cargotec. The study, "Competitive Gain in the Ocean Supply Chain: Innovation That's Driving Maritime Operational Transformation," is based on a global survey of more than 200 executives and professionals. The study indicates that importers, exporters, container carriers, terminal operators, vessel owners and other stakeholders suffer from poor visibility and predictability around shipments and are losing money due to a lack of partner synchronization and insuf- ficient data insight. However, industry leaders recognize that digitization and mindset shifts are afoot. )) Pan-Caribbean Subsea Cable Network. Deep Blue Cable has contracted with TE SubCom and an industry pioneer in un- dersea communications technology to build and deploy the Deep Blue subsea cable system. The pan-Caribbean design spans nearly 12,000 km with initial landing points in 12 markets, including the Cayman Islands, Curaçao, the Dominican Republic, Haiti, Jamaica, Puerto Rico, Trinidad & Tobago, and Turks & Caicos Islands, with dual diverse landings in the U.S., which will include the first landing of a cable on the Gulf Coast of Florida. The Deep Blue subsea cable network will offer an initial capacity of 6 Tbps per fiber pair and is projected to be completed in the fourth quarter of 2019. )) US-Canada Cooperation through NW Passage. The crew of the Coast Guard Cutter Maple has departed on a historic voyage through the Northwest Passage. This summer marks the 60th anniversary of the three Coast Guard cutters and one Canadian ship that convoyed through the Northwest Passage. The crews of the U.S. Coast Guard Cutters Storis, SPAR and Bramble, along with the crew of the Canadian icebreaker HMCS Labrador, charted, recorded water depths and installed aids to navigation for future shipping lanes from May to September of 1957. These became the first deep-draft ships to sail through the Northwest Passage, which are several passageways through the complex archipelago of the Canadian Arctic. The Maple will serve as a ship of opportunity to conduct scientific research in support of the Scripps Institution of Oceanography. The Canadian Coast Guard Ship Sir Wilfrid Laurier will provide icebreaking services as the Maple makes its way toward Victoria Strait, Canada. All scientific research, icebreaking and marine science activities that occur during the voyage will be con- ducted in accordance with the 1988 Canada-U.S. Agreement on Arctic Cooperation. The Maple crew is expected to conclude the voyage in Baltimore, Maryland, late August. )) Expected Growth in Airborne Maritime Surveillance Market. The global airborne maritime surveillance market is grow- ing, according to a new report by Frost & Sullivan. Geopolitical uncertainties and obsolete aircraft fleets are driving require- ments for advanced maritime patrol aircraft (MPA) and maritime surveillance aircraft (MSA). In particular, P-3C replacement programs and new MPA and MSA modernization programs in Asia and Europe are fueling growth. Advanced operators are moving toward a data fusion concept. Original equipment manufacturers and contractors that offer solutions with a high degree of integration and open architecture-based customizability will be best placed to address future market opportunities. The report forecasts that the market will grow at a compound annual growth rate of 7.4 percent between 2016 and 2026. )) World's Leading Banks Promote Climate Transparency in Finance. Together with the UN Environment Finance Initiative, 11 of the world's leading banks will develop analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities. "The message from financial heavyweights is clear—climate change poses a real and serious threat to our economy," said the head of UN Environment, Erik Solheim. "At the same time, there are enormous business opportunities in taking climate action. Transparency on how financial institutions mitigate the risks and seize the opportunities of a two-degrees pathway is crucial to move international markets towards actively supporting a low-carbon and climate-resilient future." A task force will develop voluntary, consistent climate-related financial risk disclosures for use by companies, investors, lenders and insurers. )) Wilson Center Arctic Forum. The Wilson Center hosted its Arctic Circle Forum June 21 to 22, bringing together experts to discuss the latest happenings and opportunities in the polar North. Sea Technology attended the first day of the forum, which played up U.S.-Russia relations. Representatives from the Russian government emphasized that the bilateral bond is deterio- rating with sanctions being threatened by the U.S. Congress on Russia in retaliation for the alleged interference by Russia in the 2016 U.S. presidential election. Others at the forum, however, were quick to point out that cooperation has been consis- tent for years in the Arctic. It was brought up that the Arctic Council has made three formal agreements thus far, all of which have involved U.S.-Russia cooperation. The Arctic holds great economic importance for Russia. The U.S. also has economic interests there (i.e., oil and gas), as well as scientific interest in trying to understand regional changes in relation to the Earth as a whole. The Arctic has always been important in the global climate cycle, and it is now taking on new importance as com- mercial possibilities open up in the region for shipping, tourism and natural resources. Melting sea ice will lead to new Arctic sailing routes in the coming 10 years. Commandant of the U.S. Coast Guard Admiral Paul F. Zukunft said only 5 percent of the Arctic is surveyed to modern methods. ST

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