• 2019 March 16 12:37

    RINA: Investing in industry 4.0 for growth

    With the so-called fourth industrial revolution comes the concept of a “smart factory”, where manufacturing processes are boosted by digital technologies including automation, the Internet of Things, cloud computing, big data and machine learning.

    Italy is the second largest manufacturing country in the EU, known for its broad scope of products, flexibility and innovation. But after the 2009 financial crisis, the Italian manufacturing base was exhausted. Machines were old. There was limited cashflow for investment. To encourage an upgrade in manufacturing assets, the Italian government introduced a “hyper-amortisation” measure in the 2017 and 2018 budgets. This tax measure basically offers a 150 percent increase in the value of investments in new tangible devices and technologies, purchased or leased, that enable the Industry 4.0 transformation. Companies can also benefit from tax relief for investments in intangible capital goods such as software and IT systems, with an additional 40 percent increase in value.

    Assets that fall under the hyper-amortisation measure are capital goods controlled by computerised systems or managed by appropriate sensors and drivers, as well as intangible assets such as software, systems and system integration platforms and applications. Investment in these assets allows better interaction between personnel, processes and machinery, speeds up decision-making, improves productivity and quality and satisfies demand in a more targeted and cost-effective way.

    In terms of success so far, this measure gets full marks: the Italian Confederation of Enterprises, Confindustria, has recorded sustained growth in all main sectors of the economy and the Ministry of Economic Development has recorded strong growth in the turnover of asset-supplying companies.

    To take advantage of the tax benefits, a formal attestation of conformity is required stating that the asset has certain specific technical characteristics and is interconnected with internal or external digital systems. In Italy, this is the first time that fiscal benefits depend upon strict technical examinations.

    RINA is one of the certification bodies accredited to issue the required attestation of conformity. The verification process spans a preliminary document analysis to an in-field verification of conformity and is carried out by a multidisciplinary team from our Certification and Industry Business Units. Over the last two years, we have performed such verifications for hundreds of companies. The process has been refined through specific monitoring tools, experimentation and sharing best practices.

    Along with certification, we are often asked to support companies with digital consulting and specific training modules. New smart and attested assets may be the building blocks of the digital transformation, but consulting and training are essential to exploit their full potential. And as a true partner to companies, we don’t just talk about digital transformation, we do it ourselves. Our RINACube cloud-based “platform of platforms” offers a space where key enabling technologies such as digital twins and blockchains can be tested risk-free by customers before integration into their own processes.




2019 March 26

14:51 LNG Terminal in Świnoujście accepts fourth LNG spot cargo delivery this year
14:39 NORDEN sells 4 dry cargo vessels
14:27 LOTOS and PGNiG: first commercial bunkerings of ships with LNG in Polish seaports
13:54 Orekhovo-Zuyevo, missile ship of RF Navy’s Black Sea Fleet, headed for Mediterranean under combat training plan
13:29 Phase 2 of Krievu Island project receives GRAND PRIX at Latvian Builders Association’s 2018 Annual Awards
13:02 Van Oord posts results for 2018
12:46 Sergey Karataev appointed General Director of Freight One JSC
12:20 Damen Verolme Rotterdam completes refit of drilling rig Stena Don
11:35 Rosmorport to hold an auction to sell its МСП-90 boom-laying boat
11:11 16 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 25-26
10:49 Rosmorport to hold an auction to sell its Leader pilot boat
10:13 Brent Crude futures price is up 0.13% to $66.9, Light Sweet Crude – up 0.65% to $59.20
09:44 MABUX: Bunker Market this morning, March 26
09:22 Baltic Dry Index is down to 689 points
09:07 TenneT awarded a framework agreement to Jan De Nul Group for repairs of TenneT’s offshore high-voltage cables
08:07 Berths for inland shipping now operational in Afrikahaven at the port of Amsterdam
07:41 GTT grants certification to SVEZA Group for production of plywood for Mark III containment system

2019 March 25

18:00 Navis N4 TOS selected to enhance terminal operations at North Carolina Ports
17:50 Increased safety for pilots boarding in Solent with new weather station
17:45 EMAR Offshore Services welcomes Damen ASD Tug 2811
17:25 Three basins of Russia’s IWW prepared for navigation season of 2019
16:48 Krasnoye Sormovo shipyard signs contract on construction of 11 dry cargo carriers for STLC
15:52 Kenia host 6th Annual East Africa Transport and Infrastructure conference on 13-14 May 2019
15:26 UK Hydrographic Office works with Seychelles government to help tackle piracy in the Indian Ocean
15:04 Yang Ming reports financial results for 2018
14:03 Closing of MacGregor's TTS acquisition postponed to Q2 2019
13:10 ArcelorMittal and Dow start trials for a new CO2 project in North Sea Port
12:39 Average wholesale prices for М-100 HFO up to RUB 19,562 in RF spot market
12:05 Port of Antwerp updates figures for 2018
11:47 The Maritime Standard swings into 2019
11:30 Damen Shipyards Den Helder signs order with Netherlands’ Defense Material Organization for Expeditionary Survey Boat
11:21 Working group on construction of Nizhegorodsky hydrosystem established under auspices of RF Transport Ministry
11:12 MABUX: Bunker Market this morning, March 25
11:04 IMO-executed GloFouling project kicks off to protect marine biodiversity
10:36 Windpark Fryslân awards contract to Van Oord and Siemens Gamesa to build wind farm
10:30 Polarcus announces redelivery of Vyacheslav Tikhonov
10:00 Keppel finalizes the rig construction contract with Awilco Drilling for the construction of semisubmersible drilling rig
09:56 Throughput of Chinese sea and river ports grew by 3.2% to 2.03 billion tonnes in 2M’2019
09:34 Brent Crude futures price is down 0.64% to $66.32, Light Sweet Crude – down 0.76% to $58.59
09:15 Baltic Dry Index is down to 690 points

2019 March 24

16:29 VARO and GoodFuels extend partnership to scale Bio Fuel Oil availability to deep sea segment in ARA Region
15:13 New Kongsberg Maritime application enables Bureau Veritas to successfully complete the first ‘DP Digital Survey’
14:27 ESVAGT increases presence in dynamic offshore wind market
13:03 Semco secures EPCI contract with Total as part of the Tyra Redevelopment Project
12:01 Safe Scandinavia option restructure and extension

2019 March 23

16:03 NCL announces plans for new staff training facility
15:54 ABP Humber provides land to support KIA expansion
14:22 SeaPlanner to support marine coordination for Taiwan's Formosa I offshore wind farm
13:31 Høglund awarded fuel-gas supply systems contract for six Hurtigruten passenger ships retrofits
12:25 McDermott secures substantial offshore EPCI contract in the Middle East
11:21 MacArtney provide Active Heave Compensated MERMAC winch solution to Alcatel Submarine Networks for planned subsea offshore operations

2019 March 22

18:06 GE and Nedstack enter into a partnership to develop hydrogen fuel cell power systems for cruise vessels
17:57 Fitch affirms Deloports rating at 'BB-' with stable outlook
17:36 Samsung Heavy Industries receives a LNGC order
17:05 Maritime Union of Australia issues notice of legal rolling industrial actions at DP WORLD terminals in Australia
16:44 Maersk partners with global companies to trial biofuel
16:44 NATO allied nations from last year’s NATO Summit to attend Unmanned Maritime Systems Technology 2019
16:22 15th edition of Expomaritt Exposhipping Istanbul to be held 2-5 April 2019
16:05 Dutch Sustainable Growth Coalition partners with Maersk in world's largest maritime biofuel pilot
15:30 Hapag-Lloyd announces 2018 results