Miami-Based Shipyard Adds Electronic Systems Division
Florida shipyard RMK Merrill-Stevens is adding a new Electronic Systems Division to the company.To lead the new business the company hired David Gratton, a new RMK Merrill-Stevens employee with experience in the electronics industry. Gratton’s career in electronics began in 1980 upon entering the U.S. Air Force. Gratton later worked on the environmental testing of NASA components for Teledyne Systems Company. Gratton has specialized in navigation, communications, and audio-visual, IT/networking, and PLC systems for commercial and recreational vessels.
Israeli Shipping Giant Invests in Tech Firm
Israeli container line ZIM Integrated Shipping Services (Zim) has announced an investment in technology start-up Ladingo, a solution provider connecting ocean freight to global e-commerce.According to a press release, ZIM’s decision to invest in the company is a strategic move, as Ladingo is tipped to lead a “global consumer revolution” by enabling the personal importation of large items to online shoppers.Ladingo's technological platform offers a transparent digital integration of the entire process…
Major Electrification Contract Awarded to NES
Norwegian Electric Systems will deliver equipment in connection with the electrification of MF Norangsfjord and the charging station at Hollingsholmen ferry quay.Norway’s biggest ferry company Fjord1 has chosen Norwegian Electric Systems (NES) to supply the electrical and automation package to be used in the modification of MF Norangsfjord. The modifications are scheduled for the last half of 2019. The ferry will serve the Aukra–Hollingsholmen route, where the quay at Hollingsholmen will be modified to include a complete charging system.
Yilport Oslo Breaks Container Record
Norway's largest container terminal Yilport Oslo handled a total of 238,000 containers (TEU) in 2018, an increase of 14% from the previous year.The Norwegian container port operator said that as the cargo from Europe are growing, Oslo has become the logistics hub in Norway."About 80% of the goods that come in containers, everything from bicycles, books to electronics, curbstones and foodstuffs is destined to Oslo and the neighboring areas. Norway's most modern container terminal is close to a large and growing market.
Mnuchin: China Talks "So far, so good"
U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute."So far, so good," he said when asked by reporters on how the meetings in Beijing went. He did not say who he met.Mnuchin said earlier he hoped for "productive" trade meetings as the two countries seek to end a festering dispute that has seen both sides level tariffs at one other.U.S. tariffs on $200…
Global Travel Retail Leader Selects GAC Dubai
Lagardère Travel Retail has appointed GAC Dubai’s Contract Logistics team to handle a range of goods sold at Duty Free retail stores at airports in Saudi Arabia and the future Abu Dhabi Midfield Terminal Complex (MTC).Under the multi-year agreement signed by the two companies commencing March 1st, 2019, GAC Dubai will take care of the port haulage, receipt, storage, pick/pack, transportation, customs clearance and Federal Tax Authority documentation for goods including chocolates, fine foods, fashion, beverages, electronics, cigarettes and cigars, personal care, perfumery and make-up.
Apprentices Complete Training at MV WERFTEN
Celebrations in Wismar: Twelve apprentices – six construction mechanics, four plant mechanics and two manufacturing mechanics – from Wismar, Rostock and Stralsund received their certificates of completion today. The young men have just completed three and a half years of vocational training.The ceremony was attended by representatives of the MV WERFTEN management team, training supervisors from each of the three locations, the works councils as well as representatives of the vocational schools and chambers of industry and commerce in Schwerin and Rostock.
Survitec Opens Singapore Hub
Survitec opened a new service and distribution hub in Singapore.The complex in Singapore’s Sembawang district covers a 7,153 cu. m. area, of which 1308 cu. m. is outdoors. With more than 200 personnel, it is Survitec’s largest service and distribution center globally, housing three distinct business units: WH Brennan & Co Pte Ltd, Survitec Safety Solutions Pte Ltd and Survitec Fire Solutions Pte Ltd.The Survitec products and services supplied by the Singapore facility include…
Who Wins in Shipping’s Battle for Data?
Weather has to be one of the most important building blocks of any digital operations solution. But, that’s only one of dozens of individual variables. Building a data management solution that navigates the unexpected, and not just the low hanging fruit, is the way to go.One of the most fiercely fought battles in shipping today is the battle for data. On a weekly basis, we see companies of all stripes – ship managers, owners, class societies, equipment manufacturers and even coating suppliers – investing in their own digital solutions and fiercely competing for control over data: the new oil.
Xeneta: Watch Both Sea and Air Amid Trade War Tensions
As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment, highlighted by last week’s arrest of Huawei’s CFO in Canada, the leading freight rate benchmarking and market intelligence platform says shippers need agile logistics strategies, with the option of shifting transportation mode whenever necessary.“Nobody…
North Carolina Ports Hosts Second Annual Cold Chain Summit
North Carolina Ports hosted the Cold Chain Summit 2018: Cold Gateways Expansion – Farm to Table and Beyond in historic downtown Wilmington on Wednesday.This is the second year NC Ports has organized and hosted the event focusing on current markets, shipping patterns, consumer behavior and environmental impacts of the global cold chain industry.“This year’s summit comes at a time of significant growth for NC Ports’ perishables portfolio,” said NC Ports Executive Director Paul J. Cozza.
Moore Stephens: Ship Operating Costs to Rise in 2018, 2019
International accountant and shipping consultant Moore Stephens says total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.Responses to the firm’s latest annual Future Operating Costs Survey revealed that drydocking is the cost category likely to increase most significantly in both 2018 and 2019, accompanied in the latter case by repairs and maintenance. The cost of drydocking is expected to increase by 2.1% in 2018 and by 2.3% in 2019…
Wabtec and GE Transportation to Merge
Wabtec Corporation has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company. The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services, with operations in more than 50 countries. Under the agreement, which has been approved by the Boards of Directors of Wabtec and GE, GE will receive $2.9 billion in cash at closing and GE and its shareholders will receive a 50.1% ownership interest in the combined company, with Wabtec shareholders retaining 49.9% of the combined company.
Navico Names Rae Manager for Canada
Marine electronics manufacturer Navico has appointed Steve Rae to the position of Country Manager for Canada.Based in Vancouver Island, B.C., Rae will be responsible for sales, service and support for the company’s three marine electronics brands, Lowrance, Simrad and B&G. In addition, he will oversee a new Edmonton-based Navico service center that will open on May 30.Rae has been involved with Navico brands since 1988, managing Canadian sales and service for Lowrance. In 2008…
Straightpoint Load Shackles Monitor Weight of Flying Ship
A series of 12t and 25t capacity wireless Straightpoint (SP) load shackles are monitoring loads on wire ropes supporting a 2t steel ship, suspended above the city of Linz in Austria, to symbolize the water-themed Höhenrausch cultural project, which runs from May to October this year.Six 12t capacity and six 25t capacity load shackles were supplied by SP distributor Pfeifer, which partnered with a local engineering company to create the spectacle atop a parking area in the country’s culture-centric region.
IMTRA Announces New Hires and Promotions
IMTRA, manufacturer and importer of solutions and products for the marine, energy and transportation markets, has announced new hires and promotions. The company has hired Brad Norton and Van Noorden and promoted Kinder Woodcock and Nate Cabral.Brad Norton has joined IMTRA’s service team in a product technical support role. With over 20 years as a licensed yacht captain, Norton will use his vast, hands-on knowledge of the workings and operation of boats supporting IMTRA customers who need technical and application assistance.
d’Amico Group to Open Fleet Operations Center in Rome
d’Amico Group will build a new fleet digital operating center in Rome, Italy that will help the dry cargo and tanker shipping company to boost efficiency and safety across its fleet through increased collection of performance details and data from its ships.The new center, which is being created through a partnership with RINA and Telemar, is part of the trend toward increasing digitalization within the maritime industry. In addition to providing d’Amico Group with intelligence about operations on which to base strategic business decisions and operational improvements…
Change of Command for Cal Maritime's Training Ship
After 10 years at the helm, Harry Bolton handed over command of the Training Ship Golden Bear Wednesday at California State University Maritime Academy.Bolton, a 1978 graduate of the Academy, returned to Cal Maritime on May 1, 2008 after a 30-year career with American Maritime Officers. Twenty of those years were with American Overseas Marine Corporation (AMSEA) aboard the original preposition ships based out of Guam, Saipan and Diego Garcia. Bolton began sailing as Master in 1985, only seven years after graduation.Dr.
Chinese Imports to US Ports Peaking Early
Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.Retailers such as Walmart Inc and Amazon.com face uncertainty due to U.S. President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs"…
Maritime Ports Pushed to Up Cyber Security
Resilience planning, Info Sharing Take Spotlight“Oh what a tangled web we weave, when first we practice to deceive.” That old chestnut gets turned on its head when it comes to port cyber security. It’s more like “Oh what a tangled web we’ve woven, so much harder to stop data stolen.”Ports today have the physical aspect of security pretty well nailed shut - gates, locks, fencing, alarms, cameras, drones, etc. As Chris Mason, Rajant Corp.’s director of sales for EMEA, notes, “Every…
Evergas Rolls-out Largest Ethane Carrier in the World
Evergas announced that the first 85.000cbm very large ethane carrier (VLEC) was successfully undocked in China and will be delivered in the first quarter of 2019.Following the successful undocking of the first VLEC, the steel cutting of the second vessel was celebrated in the workshop of the leading Chinese shipyard, DSIC and shows our strong commitment to the emerging ethane market.These two VLECs will be delivered to INEOS Trading & Shipping to add to their existing fleet of eight Dragon class vessels, which will enable INEOS to grow their global ethane delivery capability.
IMO Workshop on Secure Shipping in Asia
Shipping forms the backbone of world trade, transporting around 80% of global trade by volume. No other method of mass transportation is as cost-effective or fuel-efficient.Each day, around 50,000 merchant ships deliver the things people need and want – from food, to clothes, fuel, raw materials, electronics, medication and more. The security of maritime trade is therefore paramount to people all over the world.One way in which International Maritime Organization (IMO) supports maritime security is through targeted workshops supporting countries to implement IMO measures.
MOL Invests in PKT Logistics
Mitsui O.S.K. Lines (MOL) announced that it completed the acquisition of 14.27% shares in PKT Logistics Group, a Malaysian logistics company. MOL's stake will rise from the current 20.86% to 35.13%.PKT provides end-to-end logistics solutions comprising freight forwarding, customs brokerage, contract logistics, haulage, distribution and others, to its customers from diverse market sectors.PKT owns and operates warehouses hub in Shah Alam, Selangor, offering over 55,000m2 of warehouse space in total.
New DPS Repositioning Function for Boats
Volvo Penta is enhancing its Dynamic Positioning System to include Repositioning functionality, meaning boaters will be able to make minor alterations to their vessel’s position with a simple tap of the joystick.The feature is the latest element of the company’s Dynamic Positioning System (DPS). DPS, launched in 2009, is part of Volvo Penta’s IPS (Inboard Performance System). It automatically maintains the boat’s heading and position, and safely keeps it within a very limited area…
Maersk Sends First Containership through the Arctic
A Maersk vessel loaded with Russian fish and South Korean electronics will next week become the first containership to navigate an Arctic sea route that Russia hopes will become a new shipping highway.The Arctic voyage by the 3,600 20-foot container capacity Venta Maersk is the latest step in the expansion of the so-called Northern Sea Route which is becoming more accessible to ships as climate change reduces the amount of sea ice.The brand new Venta Maersk, one of the world's largest ice-class vessels…
China'a April Exports Stronger than Expected
China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States.Imports in April also grew more robustly than anticipated, signalling China's domestic demand is holding up well, good news for policymakers looking to soften the blow from any trade shocks.China's April exports rose 12.9 percent from a year earlier…