TecPier, Newark Venture Partners in SensorTransport JV
TecPier and Newark Venture Partners invested in the US startup SensorTransport with a mid-range six-figure investment. SensorTransport connects global shippers with local carriers to collect digital tracking, proof of delivery and condition monitoring of cargo in transit. Digitized delivery is offered at a disruptive price of less than one euro per shipment.The SensorTransport smartphone application includes an Internet of Things (IoT) gateway for Bluetooth sensors. A low cost Bluetooth enabled sensor logs data from the cargo journey and is automatically read in the delivery moment.
Gothenburg Cuts Quay Crane Waiting Times
APM Terminals Gothenburg has managed to cut quay crane waiting times by as much as 90% by implementing new standard operational procedures for container lashing. This translates to a reduction from 38 minutes to just four.Using ‘Lean’ methodology, which is being adopted across all of the company’s terminals around the world, a Transformation Team at APM Terminals Gothenburg identified the root cause of the time delay – inaccurate information provided to the vessel crew.As a result…
Hurtigruten Intros Electric Catamaran
Norwegian expedition cruise operator Hurtigruten has partnered with the Norwegian startup Brim Explorer, introducing battery powered catamarans custom built for Polar water exploration.Debuting in the spring of 2020, the 24-meter vessel will operate a variety of daily silent and sustainable ocean excursions from her homeport Longyearbyen on the Arctic island of Svalbard - operating under the Hurtigruten Svalbard brand."Brim and Hurtigruten found each other through our common passion for the oceans.
Sea Machines Hires Black as Vice President
Sea Machines Robotics has announced that it has hired Don Black as vice president of sales and marketing, reporting to Founder and CEO Michael G. Johnson. Effective immediately, this new position gives Black responsibility for the company’s global sales of Sea Machines autonomous-command and remote-control products for commercial workboats. He also has special oversight for supporting the development of the company’s advanced perception and navigation assistance technology for commercial ships and vessels, currently being trialed aboard an A.P. Moller-Maersk container ship.
Nautilus Secures $11M in 'AI' Funding
Nautilus, the company building artificial intelligence for the maritime shipping industry, has announced $11M in Series A funding led by M12, Microsoft’s venture fund, along with Root Ventures. Existing and new investors including Quiet Capital, Trail Mix, and Amplifier Lab participated in the round, which brings Nautilus’ total funding raised to $14.5M.Nautilus was founded in 2016 to advance the efficiency of maritime shipping and build a more sustainable future for ocean commerce. Responsible for 90% of the world’s trade, ocean shipping consumes more than $100 billion in fuel every year.
Teekay LNG taps Start Up for Fleet Optimization
Teekay LNG Partners L.P. signed a full fleet partnership with the New York-based startup, Nautilus Labs, to enhance the efficiency of its gas vessels. Nautilus Labs’ platform is designed to unify fleet data and leverages machine learning to optimize vessel performance.The partnership actually began in February 2018 with a five ship pilot. Nine months later Teekay LNG Partners agreed to roll out the software platform to its entire fleet.Nautilus Platform is a software solution that unifies the company’s data sets and systems to deliver a detailed analysis of fleet performance in real-time…
We4Sea Receives New Financing
Delft-based maritime startup We4Sea has secured new funding to accelerate the development and roll out of its platform for monitoring seagoing ships’ fuel consumption and emissions.The investment by ENERGIIQ, Mainport Innovation Fund II and angel investors was announced by Adri Bom-Lemstra, Regional Minister for Economy and Innovation for the Province of Zuid-Holland at the Maritime Delta dinner in Schiedam.Delft startup We4Sea analyses and reports fuel consumption and associated CO2 emissions from seagoing ships based on a unique Digital Twin concept.
Eastern Pacific Shipping, Techstars Launch Tech Accelerator
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 in EPS’ headquarters in Singapore and this mentorship-driven startup accelerator partnership will be the first of its kind to target the maritime industry, said a company press release.“The merchant maritime industry is one of the oldest in the world…
CargoMate, Nyris Win Konecranes's Startup Program
Konecranes startup program, REACH, which seeks to find fresh ideas and opportunities for collaboration with some of the most innovative startups, scouted over 2000 startups.For the REACH Program’s finals, on December 12th, Konecranes selected four of the startups from REACH applications, and gave one fast pass to a startup found from Slush.Konecranes REACH Program’s finalists were CargoMate Technologies, DeepEyes, Nyris, Visualix and Xetal. All solutions had potential, but CargoMate…
Cargotec Makes Waves in Maritime Startup Program
Cargotec, the Finnish company that makes cargo-handling machinery, has partnered with Rainmaking in September this year to establish a startup collaboration programme called Trade & Transport Impact.The programme connects world leading corporations and innovative startups to address the biggest challenges in maritime, cargo transport and logistics, said a press release.Applications to join can now be made, and Cargotec invites startups worldwide to join with us in the Rainmaking Trade & Transport Impact programme."Maritime logistics is full of inefficiencies throughout the value chain…
NYK Testing Cashless Ships
Japan's Nippon Yusen Kabushiki Kaisha (NYK) is currently considering the establishment of a new network that will enable onboard financial settlements through the remittance of electronic money (e-money).The the shipping and logistics company said it is as a part of the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green”.Onboard tests have been conducted to examine the potential to reduce administrative work and the risk of cash loss, and thus foster an employee-friendly workplace where crews can work comfortably and concentrate on ship operations.Today…
Virgin Hyperloop One Selects New Chairman
Global hyperloop pioneer Virgin Hyperloop One elects Sultan Ahmed bin Sulayem as Chairman and Jay Walder as CEO as company leverages new round of funding to begin implementation of hyperloop from Pune to Mumbai.Sultan Ahmed bin Sulayem is the Group Chairman and CEO of DP World. Jay Walder, who is one of the world’s leading mass transportation and technology executives, has been appointed as its new CEO. Walder will also join the company’s Board of Directors.The selection of a…
Blockchain to Improve Operations in Port of Veracruz
An innovative application of blockchain technology will be put to the test at the Port Community of Veracruz, Mexico by a team of researchers from the Texas A&M Transportation Institute (TTI) and dexFreight, a Florida-based blockchain and logistics startup.The project will help define blockchain applications for improving the safety and security of freight transportation within port communities. Blockchain has been described as an “immutable ledger,” a secure, transparent system for tracking shipments and transactions through complex environments.
Zero carbon at sea? Rotterdam port eyes a greener future
In Rotterdam, ships from around the world cruise in and out of Europe's busiest port, a bustling industrial hub that employs almost 200,000 people and produces 20 percent of the Netherlands' climate-changing gases.As Rotterdam tries to cut its emissions - in line with global goals to curb global warming - shipping emissions are a particular challenge, not least because many fall outside the targets set by the Paris Agreement to curb climate change.But the city's bustling port…
Maersk Launches Startup Accelerator
AP Moller - Maersk has launched India-focused OceanPro, a 120-day accelerator program to give shipping and logistics startups an opportunity to partner with Maersk to bring innovative technology solutions to ease the global supply chain for customers and further accelerate global digital transformation.“We recognize the immense potential of India’s technology and digital talent and are looking to capitalize on these capabilities to help the logistics industry worldwide, to reinvent itself,” said Søren Skou, CEO, A.P.
PSA Bharat Mumbai Container Terminals Achieves Record Vessel Productivity
PSA’s Bharat Mumbai Container Terminals (BMCT) has achieved a new vessel productivity benchmark of 155 moves per hour on COSCO Shipping Lines Co Ltd’s vessel M.V. Xin Hong Kong, which departed BMCT on 30 September 2018.Together with sister vessels from service partners CMA-CGM and Hapag-Lloyd, M.V. Xin Hong Kong operates the India Ocean / EPIC 2 weekly service, linking India and the Middle East directly with the North European Ports of Antwerp, Hamburg and London.A total of 2…
CEMS Opening Visakhapatnam Labs
Shortly after announcing the launch of its labs in Mumbai, Center of Excellence in Maritime & Shipbuilding (CEMS), a startup in skill development for maritime and shipbuilding sector, has announced readiness of its labs in Visakhapatnam.CEMS is promoted by Indian Register of Shipping (IRClass) in partnership with Siemens and support from Sagarmala, Ministry of Shipping. Its Visakhapatnam campus is located in the Indian Maritime University (IMU) premises.CEMS has planned 18 labs for its Visakhapatnam campus of which six labs are ready and will be operationalized shortly.
ZPMC USA Expands Coast-to-coast
ZPMC USA is currently working on 25 cranes in nine locations that showcase a broad range of service capabilities.ZPMC USA has hired 50 new employees to support a coast-to-coast workload and its recently added parts division servicing the eastern and southern United States. Formerly known as ZPMC Crane Services, ZPMC USA has opened a warehouse in Portsmouth, Va. to complement its original parts depot in Los Angeles.ZPMC USA is the service subsidiary of ZPMC North America Inc, which is Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC)’s operating company in North America.
CMA CGM Looks to Leverage Artificial Intelligence
French shipping group CMA CGM said it has been working with a San Francisco-based startup on a project to embed artificial intelligence and advanced digital technologies aboard its containerships.The collaboration kicked off in the beginning of 2018 and includes the maritime focused tech startup Shone, which was founded by three French engineers in 2017 to introduce artificial intelligence such as is already found in cars on board ships.Through the partnership, Shone has gained…
Video: Autonomous Drones Aid Port Construction
An Israeli startup has partnered with Shapir-Ashtrom to survey the construction of Haifa’s new $1 billion seaport, Gulf Port, intended to further develop Israel’s coastline areas and increase maritime traffic and international commerce.With this collaboration, Airobotics, which claims to have built the world’s first fully automated drone, is implementing the first technology of its kind for industrial spaces and is working closely with Israel’s top construction and civil engineering companies…
US, Panama Maritime Schools Partner
SUNY Maritime College said it has expanded its global reach by signing a memorandum of agreement with the International Maritime University of Panama, paving the way for further cooperation between the two institutions, including student and faculty exchange programs, collaborative research ventures and cooperative educational programs in a variety of areas including marine transportation and logistics, marine engineering, marine sciences and naval architecture. “Maritime College graduates enter a global industry,” said Dr.
Candito Takes over as Ecochlor CEO
Ballast water treatment systems manufacturer Ecochlor, Inc. has named Steve Candito as its new CEO, effective August 8, 2017. Candito succeeds retiring CEO, Charlie Miller, who will assist during the transition. Tom Perlich, Ecochlor Founder and President, said, “Charlie has been instrumental in Ecochlor’s growth over the last 15 years. During his tenure, we have put together a skilled and experienced team, and find ourselves positioned as a global front-runner in the BWT industry.
Corpus Christi Ship Channel Reopened
The Corpus Christi Ship Channel is open to restricted operations following a record six-day closure caused by Hurricane Harvey. Harvey has left many Gulf Coast petroleum refining centers either completely shut down or with operations significantly scaled back. An estimated 25 percent of the region’s refining capacity is operational, positioning Corpus Christi as the largest refining center on the Texas Coast that is fully operational. The ship channel’s restricted opening, authorized by the U.S.
Faravelli Joins Sea-Fire Europe
A professional in fire engineering and safety, Alberto Faravelli has joined Sea-Fire Europe Ltd, a leading distributor of marine fire detection and suppression systems in Europe. Julia Phillips, general manager, made the announcement. Faravelli leads technical support, especially in the critical pre-sales and planning phase. Additionally, he engineers systems, using schematics and piping diagrams. His responsibilities extend to commissioning and startup of supplied systems, and continued technical assistance to customers.
CMA CGM Unveils Startup Incubator Ze Box
French container shipping giant CMA CGM has set up a new global startup incubator to drive its digital strategy. Based in Marseilles, France, the incubator Ze Box is set to house a dozen of startups from around the world, starting in June this year. Located in Le Castel building, it will cover a surface of 800m² and will house, starting June 2018, a dozen of startups coming from all around the world to develop their potential. A call for applications will be launched shortly. The creation of Ze Box is part of CMA CGM’s strategy to make digitalization one of the pillars of its development.
NileDutch Implements Transmetrics Predictive Optimisation Software
In order to streamline our empty container flows and increase efficiency, NileDutch has started working with Transmetrics of Bulgaria, a tech startup that provides predictive logistics solutions. Transmetrics already has extensive experience in demand forecasting and predictive optimisation for the cargo transport industry, and as a result of this collaboration with NileDutch, it will also launch its new product, AssetMetrics. “With machine learning and intelligent algorithms we want to revolutionise how empty container handling and relocation is organised.