by Captain John Konrad V (gCaptain) The stock of China Merchants Energy Shipping (CMSE - SHA) climbed higher after the release of the company's latest investor report where the company announced that net income rose $1.87B, profit margins rose to an astonishing 34.92%, and a possible deal with TESLA motors is underway. The question is why? One paragraph buried on page 16 of the … [Read more...]
Op-Ed: The Popular Mechanics Of Maritime Innovation
by John Konrad (gCaptain) During a popular maritime innovation event today the Chief Innovation Officer of a major shipping company painted an enthusiastic picture of the future complete with shipboard engineers working with shoreside technicians troubleshooting an engine via virtual reality goggles and internet-connected treadmills that will let crew members compete in … [Read more...]
COVID-19: Maritime Tech Startups Provide First Response In Global Pandemic Efforts
In recent months organizations like the Royal Navy, maritime heavyweights like IGP&I, the US Department of Transportation's Volpe Center, among others, have been partnering with startups and groundbreaking new companies like the UK based Geollect and the MIT based startup blkSAIL to develop maritime COVID tracking dashboards, maps, and AI algorithms. This week the US Navy … [Read more...]
Rotterdam Selects Top Innovation Startups
portXL 2020 selected companies. Photo by Anna Farkas @thefaceissue By John Konrad and Mitja Caboni (Rotterdam) This week gCaptain was on hand at the prestigious startup accelerator PortXL where the storm Ciara ravaged The Netherlands with 120+ km/h gales but did not dampen the spirits of some of the world’s most innovative new companies.Despite the adverse weather … [Read more...]
Nautilus Labs Interview – How Does A Small Maritime Startup Raise $11M?
This week we had the pleasure to interview Matt Heider, CEO of the fast growing startup Nautilus Labs. Nautilus is building artificial intelligence to advance the efficiency of ocean commerce. They deliver technology to help shipping companies reduce fuel consumption, maximize operational efficiency, and optimize fleet performance. By arming ship owners and … [Read more...]