ClassNK confirmed type approval certification for SMARTShip, a patented digital shipping solution developed by Alpha Ori Technologies (AOT).SMARTShip, an Internet of Things (IoT) platform that enables the onboard operation of multiple systems with varying degrees of autonomy…
The Port of Oakland has reported that containerized export volume increased 4.2 percent in June 2019 compared to June 2018 totals. The Port said it handled the equivalent of 74,901 20-foot loaded export containers last month—compared to 71,894 in June 2018…
ABS and Mitsui O.S.K. Lines Ltd. (MOL) have signed a Memorandum of Understanding (MOU) to collaborate on up to 14 new gas carriers.The agreement covers seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas Carriers (LNGC) designed to carry gas from the U…
C-Job Naval Architects will expand its business to the United States by opening a dedicated branch office in Houston, Texas this summer.Basjan Faber, CEO at C-Job, an independent ship design and engineering company in the Netherlands, said “At…
Hanseaticsoft GmbH a leading provider of innovative, cloud-based maritime software has launched a new app as the latest addition to its Cloud Fleet Manager - CFM Go - to make it easier and faster for customers to access relevant data about their fleet from their mobile phones…
The Baltic Exchange's main sea freight index hit a five-and-a-half-year high on Monday on the back of strong demand for capesize vessels shipping iron ore.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 3.4%…
John F. Reinhart is the CEO and executive director of the Virginia Port Authority (VPA). He is responsible for the broad programmatic areas of business development and growth, strategic marketing, finance, and operations of Virginia’s marine terminal facilities: Virginia International Gateway…
Japanese shipping major Mitsui OSK Lines (MOL), the first company in Japan to issue sustainability bonds aimed at individual investors, has revealed interest and investor details of its new JPY 20bn ($185.7 million) “sustainability bonds” to fund its latest green initiatives…
For some years now, the maritime sector has experienced breaches of various computer and information technology (IT) systems. Primarily, these breaches have been collateral damage. The maritime sector has almost never been the intended target…
Norwegian shipowner 2020 Bulkers has reached time charter agreements for three of its newbuildings with Koch Supply & Trading, a subsidiary of Koch Industries.Bulk Sandefjord has secured a new 36 months time-charter at an index-linked rate, reflecting a premium to the Baltic 5TC index…
South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) has received approval in principle (AiP) from Lloyd's Register (LR) for its Smart Ship Solution (DS4).The fleet monitoring smart ECDIS and surveillance system…
Japanese transport company Mitsui O.S.K. Lines, Ltd. (MOL) announced that its group company Mitsui O.S.K. Passenger Line, Ltd. (MOPAS) has scheduled a major renovation of its operated cruise ship, the Nippon Maru.According to a press release from MOL Group…
The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company…
Water levels along the Rhine river, a key waterway for transporting commodities and other products from coastal areas to inland locations in France, Germany and Switzerland, fell to their lowest since May 21, Refinitiv Eikon data showed.Levels…
The Baltic Exchange's main sea freight index hit a five-and-a-half-year high on Friday, boosted by stronger demand and tight spot tonnage in the Atlantic region.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 2…
