MOL Intros Lighthouse Information Platform
Japanese shipping company Mitsui O.S.K. Lines (MOL) has begun operation of a new data platform called ‘Lighthouse’, to provide real time transport information to dry bulk shipping customers and stakeholders.The platform is a service that allows those involved in the transport process, such as shippers and vessel operators, to safely, unitarily, and in real time, share and monitor various kinds of information related to ocean transport, such as vessel schedules ,weather, ocean conditions…
US Retail Imports Normalizing After Tariff Surges
U.S. retail imports are beginning to settle down following a year of fluctuations driven by the uncertainty of the trade war with China, industry experts say.Volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released today by trade association the National Retail Federation and consulting firm Hackett Associates.“We’ll be more confident after we see the Phase One agreement signed…
P&O Ferrymasters Expands in Turkey
European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul, P&O Ferrymasters will develop a comprehensive network across the strategically vital country by opening offices in Izmir on the Aegean coast, the capital city Ankara, Mersin on the south coast, Bursa in the Marmara region and Gaziantep near the border with Syria.Murat Bog…
DP World to Invest $500 in Jeddah Port Upgrade
The global port operator DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port.According to a press release from the UAE-based world leader in global supply chain solutions, under the agreement, DP World will invest up to $500 million to improve and modernize the Jeddah Islamic Port, including major infrastructure development to enable the Port to serve the ultra-large container carriers (ULCC’s)…
Maersk Outlines Year in Review, Outlook
Steve Felder, Managing Director, Maersk South Asia has outlined the developments in 2019 and what we can expect in 2020:“While the global container demand was lower in 2019 due to weaker growth in the global economy, India witnessed a broad-based slowdown in its import export trade as well after a growth of several years. This is aligned closely with the weaker domestic demand, tight liquidity and working capital as well as a reflection of the overall cyclical weakening of the economic environment in all the main global economies.
MHI Vestas Offshore Wind Intros Safety’N’Mind
MHI Vestas Offshore Wind has created a digital safety training mobile app developed to streamline safety refresher training courses for offshore wind turbine technicians, which has been accredited by the Global Wind Organization (GWO).Industry-first Safety’N’Mind is designed as a digital, gamified substitute for one theoretical training day. And that training needs to be refreshed every other year, which traditionally takes three full days.“We developed the Safety’N’Mind app because we saw an opportunity to innovate within safety training…
The Future of Maritime Navigation
It is 70 years since the launch of the first radar under the Decca brand and today’s Sperry Marine is marking the anniversary by looking to a future that would have been hard to imagine in 1949 – or even as little as 10 years ago.Yet the changes of the last decade will be eclipsed by the transformation in the decades to come, which will accelerate as the shipping industry embraces greater digitalization and moves towards an era of smart and connected operations.In the course of 70 years…
DP World Creates New Maritime Entity
Following DP World’s recent acquisition of Topaz Energy and Marine and its integration with P&O Maritime created a new brand P&O Maritime Logistics - a global provider of maritime solutions in offshore, port services and logistics.Through the synergies created by the merger of the two companies, under the DP World umbrella, the POML business is well positioned to grow and build further scale and value for customers and shareholders alike.Offering a distinctive value proposition to customers…
ONE Joins NYSHEX Expanding Carrier Network
Ocean Network Express (ONE) has joins a group of innovative carriers who use the New York Shipping Exchange (NYSHEX) to offer their customers the ability to enter digital and mutually enforceable contracts.With seven of the leading global ocean carriers on NYSHEX, over 60% of global capacity is represented. The member carriers also represent all three container shipping alliances: 2M, Ocean Alliance and THE Alliance, providing NYSHEX shipper members a broad array of service options to choose from.“NYSHEX enables us to offer our customers an additional platform to contract with us…
Wilhelmsen, NorSea Join Forces for Hydrogen
The Norwegean global maritime industry group Wilh. Wilhelmsen Holding ASA and Denmark-based supply chain manager NorSea join forces to develop liquid hydrogen supply chain for maritime applications in Norway.The environmentally friendly liquid hydrogen can be offered to commercial shipping in large scale supply within first quarter 2024, claimed the companies.Together with major industry players such as Equinor, Viking Cruises, Air Liquide, and more, this is a huge and important step towards a sustainable future…
NAVIGATE 2020 has announced increased participation from leading Finnish and Nordic companies and maritime professionals during its upcoming event on January 22nd and 23rd.NAVIGATE 2020 brings together the shipowners and operators, the terminal operators and regulators, and importantly the next generation of industry into one room to collaborate and discuss the future challenges and opportunities.The Intelligence Hunt 6 is the main event at the NaviGate2020 Maritime Trade Fair.
KHI Intros World's First Liquefied Hydrogen Carrier
The world’s first liquefied hydrogen carrier, built to ship large quantities cryogenically frozen H2 internationally, was launched by Japan's Kawasaki Heavy Industries (KHI) at it's Kobe Works yard.The Suiso Frontier (‘suiso’ means ‘hydrogen’ in Japanese) will play a key role in the Shell-backed HySTRA demonstration project (CO2-free Hydrogen Energy Supply-Chain Technology Research Association), which will see large quantities of H2 produced from brown coal in Australia and then shipped 9…
Maersk Opens New Logistics Center in Vietnam
Danish logistics conglomerate Maersk launches its new logistics center in Bac Ninh to address the needs of a high-demand North Vietnam market.The new warehouse offers premium Warehousing and Distribution solutions to support our customers and the significant trade growth in the region.On December 11th, 2019, the official opening ceremony for the new logistics center took place in Bac Ninh, Vietnam in the presence of Danish Ambassador to Vietnam Mr. Kim Højlund Christensen, Vietbeko Head of Supply Chain Mr. Quang Le and Maersk senior executives.
Navis Acquires Jade Logistics
Cargotec division Navis has signed an agreement to acquire the assets of New Zealand-based Jade Logistics.Jade Logistics provides Master terminal operating systems (TOS) for mixed cargo terminals.With N4, Octopi and Jade Master Terminal, Navis can offer the flexibility of the right TOS for any prospective customer’s cargo requirements. Navis will establish a General Cargo Center of Excellence in Christchurch, New Zealand to serve the growing demand for mixed cargo solutions globally.
Equinor Acquires 50% Stake in Polish OWP
The Norwegian oil and gas major Equinor ASA said it has completed the purchase of a 50% stake in the Baltyk I offshore wind project (OWP) in Poland from Polenergia.The Bałtyk 1 offshore location license allows for a development of a wind farm with a capacity up to 1560MW. Equinor will own up to 780MW.Norwegian company now has an interest in all three Bałtyk offshore wind development projects (MFW Bałtyk III, MFW Bałtyk II i MFW Bałtyk I.).The acquisition of Baltyk I strengthens our presence in the Baltic Sea area.
Port Said Tunnel to SCCT Opened
The opening of the Port Said tunnel, under the Suez Canal just south of Port Said last week is an important piece of the jigsaw required to position the Suez Canal Container Terminal (SCCT) as Egypt’s primary gateway terminal.Construction of the twin-tubed, 4-lane road tunnel began in 2017. Its inauguration follows the opening of the Ismailia tunnel earlier this year and the 30th June Axis road, a 10-lane highway with 2+2 dedicated lanes for trucks.With the terminals strategic location offering no deviation from the main routes on trade lanes between Asia and Europe…
Hamburg Süd Launches Remote Container Management
All Hamburg Süd customers can use the new Remote Container Management (RCM) technology for their reefer container shipments. RCM monitors parameters such as temperature, relative humidity, and the concentrations of O2 and CO2 within the reefer container in real time. The added value of using RCM is that it enables customers to use this data to monitor their supply chain better, to make it much more efficient and reliable, and to thereby leverage great potential for cost savings.
CMA CGM Initiates Global Energy Coalition
Rodolphe Saadé, Chairman and Chief Executive Officer of the French container transportation and shipping company CMA CGM Group recommended that French President Emmanuel Macron initiate an international coalition for the energy transition of the transportation sector whose priority will be to develop a more competitive and less carbon-intensive energy source.Rodolphe Saadé stressed the need to improve the cooperation of all those working on near-term solutions to replace fossil fuels in the transportation and logistics sectors.The French President accepted to actively support this initiative…
Maersk, Syngenta in New 4PL Contract
Extending their partnership with a contract for fourth-party logistics (4PL), Maersk and Syngenta highlight their joint commitment to responsible logistics based on continuous supply chain optimization and innovation.As a player in the agrochemical industry, Syngenta continuously looks for ways to optimise its supply chains to deliver on its ambition of producing food efficiently and responsibly and thus increasing productivity without harming the planet. A long-term cooperation with Maersk…
ACL, Peel Ports Sign 15-year Contract
Atlantic Container Line (ACL), a Grimaldi Group Company, has agreed a new 15-year contract extension for container and roll-on/roll-off operations at the Port of Liverpool until 2035. Peel Ports Group is making a significant investment at RSCT to accommodate ACL’s new fleet of G4 vessels, which are registered in the UK and fly the Red Ensign. The passage entrance into the Seaforth Basin has been widened by 28 metres to allow safe access for the large G4 vessels into the terminal.
Design Complete on Floating Bauxite Terminal
Rocktree Consulting completed the front-end engineering and design (FEED) for a new floating terminal for the Bauxite Hills Mine, operated by Australia’s Metro Mining Limited.Bauxite ore is the world’s primary source of aluminum. Australia, Guinea and Brazil are the largest suppliers of bauxite to the seaborne market, while China is the main buyer.The FEED work forms part of an updated Definitive Feasibility Study (DFS) for the Stage 2 expansion of the Bauxite Hills Mine, located approximately 95km north of Weipa, Queensland, Australia.
CargoSmart Intros Connected Reefer Solution
CargoSmart, the provider of global shipment management software solutions, announced its brand-new CargoSmart Connected Reefer Solution, a one-stop reefer cargo management solution for ocean carriers and shippers.The AI and IoT-enabled solution features end-to-end information transparency, including enhanced reefer container Pre-Trip Inspection (PTI) support, real-time container status monitoring updates, and predictive cargo arrival status. It allows carriers to offer best-in-class performance to shippers with lowered operating costs.
Smart Ports: Piers of Future
For the first time, the ports of Antwerp, Barcelona, Hamburg, Los Angeles, Montreal and Rotterdam come together to showcase their most advanced digital transformation and sustainability projects at their dedicated ‘Smart Ports’ exhibitThe 'Smart Ports. Piers of the Future' event brought together six of the world's largest ports and has turned Barcelona into the world capital of port innovation.At the Smart City Expo World Congress, held from 19 to 21 November at the Fira de Barcelona events center on Gran Via…
Peel Ports Hits Container Record
Record-breaking month for container operations at the Port of Liverpool. Quayside and landside throughput in October at Liverpool container terminals exceeded all previous figures, with year on year growth of 12%.The cargoes were connected with a total of 16 shipping lines.David Huck, Peel Ports Managing Director. Ports, said: “More businesses are realizing that it makes more sense to ship products closer to their end destinations. For much of the UK container market Liverpool is the port that offers the shortest supply chain…
GE Hires Maersk's CFO as Finance Chief
General Electric Co on Monday named finance head at shipper AP Moller-Maersk as its new chief financial officer in the latest top-level change aimed at turning around the U.S.
Lineage Logistics Acquires Emergent Cold
Lineage Logistics Holdings, the world’s largest provider of temperature-controlled logistics solutions, announced it has signed definitive agreements to acquire Emergent Cold, the global cold chain services provider.This acquisition strengthens the Company’s leading port presence in the United States and signifies its entry into the Australian, New Zealand, and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region.