Hyundai Merchant Marine (HMM) announced that it has successfully completed its first blockchain technology adopted pilot voyage. HMM, with other members of shipping and logistics blockchain consortium, have conducted its first pilot voyage…
The Taiwanese carrier Yang Ming Marine Transport Corp. will roll out DNV GL’s performance management solution ECO Insight. Yang Ming operates a fleet of 98 vessels, representing six million DWT and an operating capacity of 590,000 TEU…
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60…
Effective management of risk within the industry has improved slightly over the past 12 months, according to the third annual Shipping Risk Survey from international accountant and shipping adviser Moore Stephens. But shipping still needs to up its game in terms of managing its exposure to risk…
Mitsui O.S.K. Lines (MOL) has announced its determination to participate in the 'Consortium to develop trade data sharing platform using blockchain technology,' in which NTT DATA Corporation serves as the administrative office. The consortium…
Speedcast International Limited, the provider of remote communication and IT solutions, and Danaos Peripherals announced a strategic alliance agreement under which the two companies will combine maritime communications with advanced application management developed by Danaos…
Globecomm, one of the leading providers of maritime connectivity services, has installed a complete communications solution on MV Baltic, the latest newbuild to join the Global Seatrade fleet. To meet demanding connectivity needs, Globecomm…
Maersk Tankers said on Wednesday it has entered into an equity agreement with U.S. hedge fund CargoMetrics, giving it access to analytical models and algorithms to better manage its tanker operations. Maersk Tankers, a unit of shipping group A…
The Maritime and Port Authority of Singapore (MPA) and IBM today announced at the opening of the International Safety@Sea Conference that they have jointly completed the pilot trial of three modules under the MPA-IBM SAFER project, which will be rolled out progressively beginning September 2017…
Maritime software, services and data analysis provider NAPA said it has updated its performance monitoring and reporting systems to enable simple, straightforward compliance with EU Monitoring, Reporting and Verification (MRV) legislation. Users of NAPA Shipping Solutions…
Ocean carrier Pacific International Lines (PIL), terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance. Three companies…
CEO: freight forwarding industry undergoing transformation; plays down threat from new entrants. Danish freight forwarder DSV will invest more to meet rising demand for services such as e-commerce and address competition from new players including Amazon…
The UK’s Maritime & Coastguard Agency (MCA) is modernising the way the UK Ship Register operates and a number of new initiatives are in the works that could help the red ensign become more commercial and internationally competitive, says a report from UK Chamber of Shipping…
Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that Thomas J. “T.J.” Rucker will assume the role of president effective September 1, 2017, succeeding retiring president Michael Schwank…
Following a June 16, 2017, decision by the International Maritime Organization (IMO) that requires ship owners and managers to incorporate cyber risk management into safety management systems established by the ISM Code, COMSAT has announced…