Posidonia 2024 marks the rebirth of the Greek shipbuilding industry
Over 85 shipyards from 26 countries already confirmed to showcase
vessel design and production innovations from June 3-7
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Applied Technology Review | Wednesday, April 10, 2024
Over 85 shipyards from 26 countries already confirmed to showcase vessel design and production innovations from June 3-7
Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek renaissance is on the cards after the completion of the consolidation of the country’s shipbuilding units in Syros and in Elefsina, and also due to the restart of Skaramangas shipyard and the increased activity in Halkida.
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Neorion Shipyard in Syros and Elefsis Shipyard have repaired over 500 ships, foreign and Greek-owned, since the New York-based ONEX Shipyards and Technologies group took over their operations in 2019. Combined with further domestic output from other ship repair and shipbuilding operations, Greece is now seen as an important contributor to European shipyards’ annual production value of around €43 billion, which comprises a collective civil and naval orderbook value that surpasses that of their Asian counterparts.
"Greece is resurfacing as a credible shipbuilding cluster for vessel repair, conversion and potentially for the construction of newbuildings for Greek and international shipowners and naval forces. This revival follows decades of underperformance and underinvestment, marked by the absence of a strategic vision," said Theodore Vokos, Managing Director, Posidonia Exhibitions S.A., the organiser of the world’s most prestigious shipping exhibition.
Through a slate of strategic partnerships and multimillion investments, Greek shipyard operators and the Greek government are making a statement of their long-term commitment to a sector estimated to currently account for 1% of the nation’s GDP. The sector’s revival will further strengthen both the country’s economy and security. Partnerships will amongst others include naval projects, as the Greek government discusses with the US the joint design and co-production of the new generation of Constellation frigates, while increased activity in the shipyards will empower and support Greek maritime equipment manufacturers, further enhancing Greece’s contribution to Europe’s 50% market share and global dominance in marine equipment manufacture and supply.
Ahead of Skaramangas Shipyards’ comeback to the Posidonia Exhibition, recently appointed Chairman Miltiadis Varvitsiotis has stated his lofty ambitions to transform the facility into a multi-million contract-winning operation capable of capturing a share of the action. He said: “Since 2010, the shipyard was exclusively involved in the repair, maintenance, and upgrade of the Hellenic Navy’s fleet. Now, with new ownership and management, we are ready to present our world-class infrastructure and state-of-the-art equipment for heavy and specialised repairs. We are going to promote our future plans and explore the possibilities of undertaking important and sophisticated new building projects.”
The company intends to make full use of the existing infrastructure comprising some of the largest drydocks in the Mediterranean, capable of drydocking VLCC, LNG carriers and aircraft carriers. Skaramangas has been investing in the gradual upgrading of facilities, strengthening fire safety and firefighting systems, and re-operating a large tank that has been inactive for about 20 years.
In general, Greek shipyards are investing in areas designed to improve their competitiveness and attractiveness, mainly to Greek shipowners who currently contribute 80% of Greek ship repair and new build activity. The ONEX group's business plan includes investments worth $550m for the shipyards with the goal of boosting repair operations to 300 vessels per year. Panos Xenokostas, President & CEO, ONEX, said: “Our goal is to transform the historic shipyards into a modern maritime hub for the greater Mediterranean region. We aspire for both Elefsis and Syros Shipyards to become the first choice of those seeking quality, speed, and personalised service, while adhering to relevant security protocols and always taking into consideration the transition to a sustainable maritime model.”
ONEX aims to transform its shipyards into a hub supporting commercial shipping horizontally, energy transition, defense platforms, and industrial solutions, leading the entire industrial ecosystem of the region and strengthening both the economy and the geopolitical position of Greece.
At the same time, Chalkis Shipyard is investing in the installation of photovoltaic systems to power shipyard needs and those of vessels either berthed or docked at its facilities and is proceeding with infrastructure works for newbuilding capabilities of specialised vessels up to 100m in length. Its goal is to expand operational capabilities to about 240 vessels annually, serve ships of larger capacity, and build small ships with new technology. “In addition, we have trained our personnel and keep investing in a skilled workforce who can install green energy systems like scrubbers and new technology propulsion systems on vessels. In the last years we have completed the installation of scrubbers in a number of vessels,” said Ashraf Bayoumi, CEO, Chalkis Shipyards, which is preparing for its eight Posidonia Exhibition participation.
Furthermore, private and institutional investors are seeing the opportunity presented by Greece’s geographic location, maritime heritage, commitment of the Greek ship owning community, and political will to fund the sector. The recent acquisition of Skaramangas’ by shipowner George Prokopiou and the US International Development Finance Corporation’s $125m loan to Elefsis Shipyards and Industries (ONEX) demonstrate strong investor interest in the Greek shipbuilding sector.
As advancements in maritime technologies gather pace, Greek shipyards have an opportunity to adopt and seamlessly integrate new Artificial Intelligence, Green Energy and Automation Innovations across their operational capabilities to introduce efficiencies, further improve productivity, enhance appeal, and strengthen their orderbooks.
Chalkis Shipyards is already applying new technologies and using digitalisation in programmes related to design for repairs, new constructions, and Customer Relations Management (CRM) platforms. It is implementing 3D model programmes with the relevant equipment in which it is investing, while seeking new ways to introduce AI across the business to optimise operations and automate tasks.
Skaramangas is involved in emission-reducing technologies and scrubber installation, while exploring potential synergies for the development of new ship designs incorporating the new generation of green fuels.
“A strong shipbuilding sector creates the conditions for upgrading national defence, contributes decisively to the national economy and the green transition and strengthens Greece's position in the regional geopolitical arena through the implementation of major projects with international significance,” said Xenokostas.
Over 85 shipyards from 26 countries have already confirmed their participation in Posidonia 2024, which will take place from June 3-7 at the Athens Metropolitan Expo.
Posidonia 2024 is organised under the auspices of the Ministry of Maritime Affairs & Insular Policy, the Hellenic Chamber of Shipping, and the Union of Greek Shipowners, and with the support of the Municipality of Piraeus and the Greek Shipping Co-operation Committee.
In the Canadian public administration, the demand for agile governance is growing, and the public sector is moving beyond static data reporting to embrace living models known as the Digital Twin of an Organization (DTO). Unlike a traditional digital twin, which might replicate a physical asset such as a turbine or a bridge, a DTO replicates the operational soul of an agency: its processes, people, systems, and workflows. This synthesis is driving a new era of evidence-based decision-making, allowing leaders to simulate outcomes before implementation and align vast, complex bureaucracies toward a singular goal: smarter infrastructure and superior citizen services.
Orchestrating Operational Resilience through Process Modeling
The primary driver for DTO adoption in the Canadian public sector is the urgent need for operational coherence. Government agencies are historically compartmentalized, often operating in silos where departmental boundaries obstruct data flow. The DTO serves as a connective tissue, creating a holistic view of the organization’s performance.
Currently, agencies are using DTOs to map interdependencies among departments. By ingesting data from Enterprise Resource Planning (ERP) systems, Customer Relationship Management (CRM) tools, and human resources databases, the digital twin creates real-time visualizations of how work moves through the government. This allows for sophisticated "What-If" scenario planning.
For instance, decision-makers can simulate the impact of a new policy regulation on current staffing levels or predict how a budget cut in one department might create a bottleneck in another. This predictive capability shifts the administrative posture from reactive to proactive. Instead of discovering a process failure after a crisis occurs, the DTO highlights vulnerabilities in the virtual environment, allowing for pre-emptive optimization.
This operational resilience further extends to emergency management and continuity planning. By modeling the organization’s response protocols within the DTO, agencies can stress-test their readiness for various disruptions—be it a cyber incident or a natural disaster—ensuring that essential services remain uninterrupted. The industry state suggests that this internal optimization is the foundational layer for smarter external services.
The Convergence of Smart Infrastructure and IoT Integration
While the DTO focuses on organizational processes, its power is magnified when integrated with the digital twins of physical infrastructure. In Canada’s vast geographic landscape, maintaining public assets—from urban transit networks to remote utility grids—requires a sophisticated convergence of physical and operational data.
The industry is seeing a trend where DTOs ingest real-time streams from Internet of Things (IoT) sensors embedded in public infrastructure. This creates a feedback loop where the physical state of an asset informs the organizational response.
Consider the management of public transit or municipal fleets. A DTO does not merely track a bus's location; it correlates that data with maintenance schedules, driver availability, budget constraints, and citizen demand patterns. If a sensor indicates wear on critical infrastructure, the DTO can automatically trigger a procurement workflow for parts, adjust the maintenance budget forecast, and reschedule staff—all without human intervention.
This convergence is particularly vital for sustainability goals. Agencies are using DTOs to model the carbon footprint of their operations and infrastructure simultaneously. By simulating energy consumption across government buildings and fleets, the DTO enables granular management of energy resources. It allows the public sector to visualize the environmental impact of infrastructure projects across their entire lifecycle, ensuring that "green" initiatives are operationalized effectively rather than remaining abstract targets. The result is infrastructure that is not only "smart" in terms of connectivity but also intelligent in terms of resource consumption and longevity.
Citizen-Centric Service Delivery and Predictive Governance
The ultimate metric of success for the Canadian public sector is the quality of service delivered to the citizen. The most transformative application of the DTO lies in its ability to redesign the citizen journey through predictive analytics and behavioral modeling.
Traditionally, service delivery improvements were based on historical data—looking at what happened last year to plan for next year. DTOs flip this paradigm by focusing on real-time demand and future prediction. By modeling the "Customer Journey" of a citizen interacting with the government—whether applying for a permit, renewing a license, or accessing social benefits—the DTO reveals friction points that are invisible to the naked eye.
Agencies are using these models to simulate the flow of citizens through digital and physical service channels. For example, a DTO can predict how a demographic shift in a specific neighborhood will alter the demand for local healthcare or schooling in five years. This allows the government to allocate resources dynamically, placing services where they are needed before demand creates a backlog.
This approach fosters hyper-personalization in public service without compromising privacy. By modeling the patterns of need rather than individual identities, the DTO allows agencies to tailor services to specific community profiles. This reduces wait times and administrative burden for citizens. It ensures that the government is not just a passive provider of services, but an active, responsive partner in the citizen’s life. The DTO enables a shift from a "one-size-fits-all" approach to a nuanced, data-driven service delivery model that respects the diversity of the Canadian population.
DTOs in the Canadian public sector are in the phase of theoretical exploration, moving toward practical, high-value applications. By successfully merging internal process optimization, physical infrastructure intelligence, and citizen service design, DTOs are proving to be the critical architecture for modern governance. As these models become more sophisticated, integrating Artificial Intelligence and machine learning, the boundary between the physical government and its digital twin will continue to dissolve, resulting in a public sector that is more resilient, sustainable, and intimately responsive to the needs of its people. ...Read more
FREMONT CA: Transforming manufacturing operations through predictive maintenance (PdM) changes how industries manage equipment performance and minimise downtime. This proactive approach allows manufacturers to shift from traditional reactive maintenance strategies to a more efficient, data-driven model that optimises maintenance schedules, reduces operational costs and enhances productivity. By continuously monitoring equipment conditions and analysing historical performance data, manufacturers can identify potential issues early, ensuring timely interventions that extend the machinery's lifespan and improve overall operational efficiency.
In an era where efficiency and competitiveness are paramount, predictive maintenance is essential to modern manufacturing strategies.
Minimising Unplanned Downtime: Predictive maintenance safeguards productivity by mitigating the disruptive impact of unplanned downtime. By providing maintenance teams with advanced alerts about potential equipment failures, timely interventions can ensure a smooth workflow. This approach aligns service schedules with operational usage trends, ultimately extending the lifespan of machinery and preventing costly and unexpected shutdowns.
Reducing Maintenance Costs: PdM has significant financial advantages. By optimising maintenance frequency and focusing on repairs only when necessary, PdM can substantially reduce maintenance costs. This strategic approach saves money and also enhances overall operational efficiency.
Implementing Predictive Maintenance in Manufacturing: Successfully adopting a PdM strategy involves careful planning, investment in suitable technologies and seamless integration with existing systems. The transition from initial concept to practical implementation includes several crucial steps that ensure predictive maintenance delivers its expected benefits while maintaining current operations.
Planning Predictive Maintenance Program: The first step in initiating predictive maintenance is developing a comprehensive strategy for the PdM program. This framework should outline clear objectives, financial constraints and measurable goals for the initiative. Manufacturers must evaluate the criticality of their assets to determine which equipment is best suited for predictive maintenance and gather historical data to inform predictive models.
Installing IoT Sensors and Devices: Implementing a predictive maintenance program begins with equipping essential machinery with IoT sensors. These devices are critical components that provide real-time data for monitoring equipment performance within the predictive maintenance framework. Plug-and-play technology facilitates easy integration into existing older machines, allowing even legacy equipment to benefit from predictive maintenance without needing replacement.
Integrating with Existing Systems: For predictive maintenance solutions to function efficiently, they must be fully integrated with current enterprise systems. This integration should promote effective API management and ensure a smooth data flow, enabling seamless communication between the predictive maintenance system and other essential business platforms.
The successful implementation of PdM requires careful planning, the installation of IoT sensors and seamless integration with existing systems, ensuring that businesses can harness the full potential of this data-driven approach. As manufacturers continue to adopt these innovative strategies, predictive maintenance will undoubtedly play a critical role in driving competitiveness, maximising asset utilisation and fostering a more sustainable manufacturing environment in the years to come. ...Read more
Canada, with its vast and varied landscape—from remote Arctic territories to dense urban centers—is a prime environment for the adoption of Next-Generation Drone Mapping technologies. This new era is defined by the synergistic power of Swarm Technology and Edge Computing, moving beyond single, manually operated drones to coordinated, highly autonomous aerial networks.
Swarm Technology: Scaling Coverage and Speed
Drone swarms represent a transformative evolution in aerial data acquisition. Rather than relying on a single Uncrewed Aerial Vehicle (UAV) to capture data sequentially, a coordinated fleet of drones operates simultaneously, significantly enhancing both the scale and efficiency of mapping missions. By dividing large survey zones—such as expansive construction sites, agricultural fields, or pipeline corridors—multiple drones can complete high-coverage tasks within a fraction of the time required by conventional methods. This accelerated throughput is especially valuable for time-critical operations.
The collaborative architecture of swarm systems further elevates mission efficiency. With autonomous coordination and central oversight from a single operator, these fleets reduce the need for extensive manpower while ensuring consistent operational performance. Companies such as Saskatoon-based Draganfly are advancing sophisticated swarm and autonomous flight capabilities—initially driven by defence applications but increasingly relevant to industrial inspection, surveying, and monitoring.
Swarm technology also brings significant advantages to emergency response scenarios. From rapidly mapping wildfire progression—an escalating concern across Canada—to conducting post-disaster assessments, drone swarms can deliver comprehensive, real-time situational awareness over vast areas. Their effectiveness is strengthened by resilient communication networks and shared data processing, enabling responders to make timely, informed decisions.
Edge Computing: Real-Time Intelligence at the Source
The full potential of swarm-based mapping is unlocked by edge computing, which brings data processing capabilities directly to the drone or near the point of data capture. Given the immense volume of information produced by multiple RGB, thermal, or LiDAR sensors, relying solely on distant cloud servers is impractical. Edge computing eliminates this bottleneck by enabling drones to process and analyze data in real time.
This localized processing dramatically reduces latency—from seconds to milliseconds—allowing drones to detect anomalies during power line inspections, identify obstacles, or flag security concerns instantaneously. It also minimizes bandwidth consumption by transmitting only essential results, summaries, or geotagged alerts rather than raw high-resolution streams. This is particularly advantageous in remote Canadian regions where network connectivity is limited or intermittent.
Edge computing further strengthens drone autonomy. By maintaining onboard intelligence, UAVs can operate reliably even when communication with the central network is disrupted—a common requirement for missions across Canada’s vast, sparsely populated landscapes. This capability enhances autonomous navigation and object avoidance, supporting safer and more effective Beyond Visual Line of Sight (BVLOS) operations.
Across the country, organizations are already adopting advanced drone-based mapping to support critical initiatives. From monitoring Indigenous lands in Northern Ontario to contributing to the Northern Tornadoes Project’s extreme weather analysis, drones are reshaping environmental assessment and resilience planning. As swarm capabilities and edge processing mature, they are poised to accelerate applications across mining, oil and gas, infrastructure inspection, and other key Canadian industries.
The convergence of swarm technology and edge computing is not just an incremental upgrade—it is laying the foundation for a digital transformation in Canadian industries that rely on large-scale geospatial data. By delivering faster, more accurate, and more autonomous aerial intelligence, this next generation of drone mapping will unlock significant economic and safety advantages across the nation's diverse operational environments. ...Read more
Wearable technology, including smart watches, fitness trackers, and health-monitoring fabrics, is revolutionizing healthcare, fitness, and productivity by providing real-time data and convenience. However, it also presents advantages and challenges.
One of the most notable benefits of wearable technology is its contribution to healthcare. Devices equipped with sensors can track important health metrics, such as heart rate, BP, and even sleep patterns, providing users with important data to monitor their well-being. This real-time tracking enables individuals to proactively manage their health, potentially preventing serious conditions by identifying irregularities early.
Furthermore, wearables can support individuals with chronic conditions, such as diabetes or cardiovascular diseases, by alerting them to health changes that require attention. For healthcare providers, wearables allow for more continuous monitoring of patients, leading to more informed and timely medical decisions.
Wearable technology improves productivity and healthcare by enabling users to stay connected while on the go. Smartwatches, for instance, can receive notifications, track schedules, and provide easy access to important information without needing a smartphone. Platforms developed by HanoIT demonstrate how wearable data can be securely analyzed to enhance operational efficiency and user decision-making. This increases efficiency, particularly for professionals who require constant communication and daily access to updates. Moreover, wearables can improve safety in various work environments.
For example, in hazardous industries, wearables can monitor worker vitals and environmental conditions to ensure safety, alerting employers to potential risks such as fatigue or exposure to harmful substances. However, wearable technology is not without its challenges.
ERAI , Inc. provides verified supply chain intelligence and risk data that contextualizes real-time wearable device component sourcing and integrity.
Pillar Corporation develops semiconductor solutions that integrate real-time monitoring and connectivity features for wearable technology applications.
The security of the data produced by these devices is a major worry. It is crucial to ensure that wearables securely store and communicate sensitive personal data, including location and health information. Data breaches that jeopardize user privacy are possible in the absence of strong security measures. Additionally, wearable devices are often dependent on a continuous power supply, and many have limited battery life. This issue can hinder their reliability, especially for users who need consistent monitoring over extended periods.
The incorporation of wearable technologies into current systems presents another difficulty. Many gadgets encounter compatibility problems when attempting to connect with other devices, such as medical equipment or cellphones. Users who anticipate easy integration but are confronted with connectivity problems may become frustrated. Additionally, some wearables are too expensive to be widely adopted, particularly by those who might not immediately recognize the technology's benefits. ...Read more
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