Singapore-based Pacific International Lines (PIL) has completed a blockchain pilot with IBM for an electronic Bill of Lading (e-BL).PIL has used e-BL built on the IBM Blockchain Platform in a real-time pilot tracking shipment of mandarin oranges from China for the Lunar New Year celebrations…
The government of India has allocated a budgetary support of USD 266mln to shipping sector in the interim budget presented by Interim Finance Minister Piyush Goyal.The government has pitched for development of India’s Blue Economy with the Finance…
International Maritime Organization (IMO)'s Global Industry Alliance to Support Low Carbon Shipping (GIA) brought together a wide range of industry stakeholders to discuss how to operationally make “Just-In-Time” (JIT) a global reality.Convening at IMO Headquarters in London (31 January)…
Magnate Worldwide appointed Dante Fornari as its new Chief Executive Officer. Fornari is an accomplished executive with more than 25 years of experience in the Transportation and Logistics industries.As CEO of Magnate Worldwide, Fornari will assume overall responsibility for the strategic direction…
The international ship management company Eastern Pacific Shipping (EPS) has joined force with entrepreneur network Techstars to launch the first global maritime technology start-up accelerator.The EPS MaritimeTech Accelerator will be based…
South Korean carrier Hyundai Merchant Marine (HMM) announced that it has acquired joint ownership of PSA Hyundai Pusan New-port Terminal (PHPNT) in Busan.Yuanta HPNT, a company jointly established by the shipping liner and Singaporean shipping company PSA…
European shipowners call upon all parties to seize this opportunity to avoid a no-deal Brexit scenario following yesterday’s discussions in the UK parliament and the mandate given to the UK Prime Minister to re-discuss Brexit arrangements with her European colleagues…
International Transport Intermediaries Club (ITIC) produced an e-learning video for ship agents on the use of ‘switch bills of lading,’ a second sets of bills used as a substitute for the original bills of lading issued at time of shipment.ITIC legal advisor Mark Brattman said…
Sweden’s Stena and Bermuda-registered Stolt-Nielsen are reviewing their UK-registered ships ahead of Britain’s departure from the European Union, the two leading transport companies told Reuters separately on Wednesday.'In the light of the Brexit…
To continue providing customers with industry-leading integrated supply chain solutions, Crowley Logistics has announced several personnel moves that further position the company for exceptional customer service and growth.Patrick Collins has been promoted to vice president of terminal operations…
The rail freight company in the United Kingdom, GB Railfreight has launched a new intermodal rail freight service connecting the Port of Felixstowe with the Birch Coppice terminal in the Midlands.The first locomotive on the service left Birch…
The American Association of Port Authorities (AAPA) identified nearly $4 billion in crucial port and supply chain security needs over the next 10 years.That funding level is what’s needed to maintain and upgrade America’s port facilities and…
Indian multipurpose port APM Terminals Pipavav has launched a rail connection to its Kanpur Inland Container, giving customers the opportunity to connect more efficiently to the gateway port.The new connection was named the 'Polymer Express'…
Finnish shipping company Meriaura has signed new time charter-in agreements covering five vessels.The five vessels that will join the company’s fleet include a deck cargo carrier, two multipurpose-heavy lift dry cargo vessels and two traditional dry bulk carriers said a press note from Meriaura…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation announced a new Intra-Asia service KVM(Korea–Vietnam–Malaysia Service) jointly operated by YM and APL Co. Pte Ltd through its CNC brand with effect on February 21st, 2019…
