SMART4SEA Conference & Awards

31 Jan 2017
Learn More
SMART4SEA Conference & Awards

31 Jan 2017
Learn More

Author: Frank Coles

Frank Coles
Frank Coles started his career as a merchant navy deck officer and qualified as a Master Mariner, Class One after 12 years at sea. After leaving the sea, Frank gained an LLM in Legal Aspects of Maritime Affairs from Cardiff University, Wales and spent 5 years practicing maritime law. In 1995, Frank joined Pacific Basin Bulk Shipping (PB) as Operations Director for 50 ships. After PB has decided to invest in Rydex, a company specializing in maritime communications, Frank Coles became the CEO of a newly acquired enterprise. After that Frank joined Sperry Marine as a Vice President of Business Development and Information technology. In September 1999 Frank became COO of Globe Wireless LLC. In 2003 Frank was appointed CEO, President and a member of the Board. In 2011 Frank joined Inmarsat as the Director GX Maritime, and in December 2011 he was appointed the President of the Inmarsat Maritime business unit. In September 2015, Frank Coles joined Transas as the CEO and member of the Board of Directors. His key aim at Transas is to create an ecosystem of harmonized integrated solutions in safety, navigation, training and ship operation, that will enhance ship and shore integration.

The perfect storm of digitalization and commoditization

storm

Frank Coles, CEO, Transas delivered a speech at the Transas Global Conference, Malta, pointing out that we are faced with the perfect storm; the one confronting the maritime industry. It is one which will disrupt all elements of the shipping industry in the next few years – is technology-driven and in some cases is also self-inflicted.

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Living with risk

risk

The time has come to introduce robust certification and approval processes for all electronic equipment on board ships. This is the only realistic way of tackling cyber-risk within the shipping industry. To be effective, the maritime industry’s approach to cyber-risk must cover all shipboard systems, argues Transas CEO Frank Coles.

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