Several industry majors led by the Port of Rotterdam are rolling out a new pilot blockchain project, in which containers are handled and released without a PIN code: a widely used verification method in this transport segment. The port authority said that the project would involve the use of a new a
Svitzer Australia and Smit-Lamnalco have extended the agreement from 2015 under which Svitzer will continue to provide service delivery on behalf of Smit-Lamnalco in four ports in Australia. The agreement has been extended by four years for the ports of Melbourne, Botany, Newcastle and Brisbane unti
Denmark-based shortsea operator Unifeeder A/S and Dutch firm We4Sea B.V. have signed a cooperation agreement to roll-out the We4Sea Digital Twin based performance monitoring solution across Unifeeder’s fleet. The aim is to reduce the ships’ fuel consumption and emissions.
Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has published standards for the exchange of operational vessel schedules (OVS). The standards can be implemented by vessel operators, as well as their V
Japanese shipping major Kawasaki Kisen Kaisha (K Line) aims to improve its CO2 emissions efficiency by 50 percent by 2030 compared to 2008 levels, the company revealed announcing revision of its environmental vision for 2050. Achieving the target will allow the company to surpass the IMO target of a
A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company.
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030.
Air lubrication technology manufacturer Silverstream Technologies in collaboration with the University of Southampton, has been awarded an Innovate UK Knowledge Transfer Partnership (KTP) grant. Under the two-year partnership, an associate of the university will work with Silverstream’s technical te
Japanese electronics company Furuno has acquired Danish company EMRI A/S, specializing in autopilots, steering control, joystick dynamic positioning, and maneuvering systems. EMRI is an original equipment manufacturer of steering control systems, provided to over 1000+ vessels within the cruise and
Nautilus Labs and Insatech Marine have announced a partnership to jointly deliver end-to-end instrumentation and data transmission that gives more shipping businesses access to Nautilus’ predictive decision support solution.
More than 50 Singapore based startups to get liquidity boost
The shipping industry has been fairly slow in adopting digitalization, due to its conservative nature. Nevertheless, over the past few years, the pace of digitalization has sped up considerably and especially following the coronavirus pandemic. As the potential of digitalization is being unlocked, t
The path toward decarbonization of the shipping industry in line with the IMO 2050 target – a reduction of 50% by 2050 compared to 2008, which still fails to deliver fully on the Paris Agreement objectives, is filled with uncertainty, which might be the main obstacle to the very vision this journey
Port operator Gulftainer has launched the Future of Ports Startup Challenge 2020 to identify startups from across the globe with the ambition to lead the transformation of the port management and logistics industries. Gulftainer has partnered with the Global Silicon Valley labs (GSVlabs), a global i
