Danish shipping giant A.P. Moller-Maersk will be the first in the world to trial artificial intelligence (AI) powered perception and situational awareness technology on a containership.Under a deal signed with Boston-based Sea Machines Robotics…
Wärtsilä has partnered with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D. The partnership covers four different streams: digital acceleration, cyber-physical security, intelligent vessel and port operations…
A cargo ship collided with a dock on the Parana River in Argentina's grains hub of Rosario on Wednesday, causing a slowdown of activity at terminal 6 in the port of General San Martín and raising soymeal prices.'The southern pier of terminal 6 is operational…
Seattle-based naval architecture and marine engineering consultancy Glosten has appointed Morgan Fanberg, PE as president.Fanberg, who has over two decades of experience with the firm, will succeed Glosten’s fifth president, John Springer III…
The Baltic Exchange announced it will launch an Escrow Service for its members to hold deposits for ship sale transactions.The paid-for service will be available from May 2018 for use in transactions where the buyer of the vessel is a Baltic Exchange member…
London's Baltic Exchange is developing a container shipping index with Hong Kong-headquartered group Freightos in another sign that the centuries-old business is moving into new markets. Founded in 1744 as a forum for chartering vessels…
On Tuesday, May 1, SUNY Maritime College will honor Foremost Group Founder and Honorary Chairman Dr. James S.C. Chao, Foremost Group Chairman and CEO Angela Chao, and Turner Construction Vice President and senior operations manager Joseph Byrne…
Hong Kong-based shipping company Orient Overseas Container Line Limited (OOCL) has partnered with Microsoft’s research arm to improve network operations and achieve efficiencies within the shipping industry through applied Artificial Intelligence (AI) research…
Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data…
Manufacturers and stakeholders in the ballast water treatment equipment market have codified a unified manufacturers’ association.The Ballastwater Equipment Manufacturers’ Association (BEMA) met on April 19, 2018 for their first Annual Meeting and elected the inaugural Board of Directors…
Mexican Economy Minister Ildefonso Guajardo said on Tuesday that agreeing a new North American Free Trade Agreement (NAFTA) deal will depend on the flexibility of negotiations as he prepared to meet his U.S. and Canadian counterparts in Washington…
The Baltic Exchange said it will introduce a new code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets.Following a detailed review of the current arrangements led by law firm Norton…
Navigation and positioning technology company Sonardyne International Ltd. UK, has appointed Derek Lynch as its new Global Business Manager for Marine Vessel Systems, with immediate effect.Lynch brings with him more than 25 years of experience working within the offshore energy…
Intermarine, LLC, a global leader in the transport of project, breakbulk and heavylift cargo, and its affiliates, Industrial Maritime Carriers, LLC (IMC), and affiliate Industrial Terminals, Management, LLC, have transferred the leasehold ownership of their terminal assets to Watco Companies…
The world’s first autonomous shipping company, Massterly, has appointed Tom Eystø as managing director and Per Brinchmann as chair of the Massterly board.Announced on April 3, 2018 as a new joint venture company between Norwegian ship owner Wilhelmsen and systems and solutions provider KONGSBERG…