Sea Technology

JAN 2018

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

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www.sea-technology.com ST | January 2018 9 soundings In the darkness...comes clarity - Target sizing capability - Depth range of 1,000' (300m) - High resolution imagery - Sweep 360 degrees - ROV, pole or tripod mountable - User friendly software - Fast imaging - Commercial grade with a JW Fishers SCAN-650 Sector Scan Sonar JW Fishers Mfg., Inc. 1953 County Street East Taunton MA 02718 USA (800)822-4744 or (508)822-7330 Email: info@jwfishers.com www.jwfishers.com companies operating in the global marine big data market. The market is forecast to expand at 21.5 percent CAGR between 2017 and 2025, with valuation to reach $3,240.5 million by the end of 2025. The service segment currently has the larger share of the market compared to software packages. Regionally, the Asia-Pacific currently has market lead as the region boasts the presence of large shipping corporations in South Korea, China, Singapore and Japan. A staggering volume of data is generated on a daily basis in the marine sector. Big data helps discover hidden trends and patterns. )) New Full Owner for DNV GL. Stiftelsen Det Norske Veritas (The Foundation) and Mayfair announced the sale of May- fair's 36.5 percent shares in DNV GL Group AS to DNV Holding AS. The agreement regarding the major quality assurance and risk management company DNV GL was signed December 2017. In 2012, Stiftelsen Det Norske Veritas and Mayfair agreed to build a global quality assurance and risk management leader well positioned to succeed in a rapidly transforming market: Germanischer Lloyd was merged with Det Norske Veritas to create DNV GL. Since the merger, the joint company strengthened its position in research and innovation and moved forward with its digital transformation. The Foundation now assumes full ownership of DNV GL. There will be no changes to the management, organization, name or branding of DNV GL, and the headquarters for the maritime business area will remain in Hamburg, Germany. )) 2017 Arctic Report Card. NOAA's new Arctic Report Card shows that the warming trend transforming the Arctic persist- ed in 2017, resulting in the second warmest air temperatures; above-average ocean temperatures; loss of sea ice; and a range of human, ocean and ecosystem effects. While 2017 saw fewer records shattered than in 2016, the Arctic shows no sign of returning to the reliably frozen region it was decades ago. Arctic temperatures continue to increase at double the rate of the global temperature increase. The current observed rate of sea ice decline and warming temperatures are higher than at any other time in the last 1,500 years. "This year's Arctic Report Card is a powerful argument for why we need long- term sustained Arctic observations to support the decisions that we will need to make to improve the economic well-being for Arctic communities, national security, environmental health and food security," said Assistant Secretary of Commerce for Oceans and Atmosphere Timothy Gallaudet. ST

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