Maersk Tankers said on Wednesday it has entered into an equity agreement with U.S. hedge fund CargoMetrics, giving it access to analytical models and algorithms to better manage its tanker operations. Maersk Tankers, a unit of shipping group A…
The Maritime and Port Authority of Singapore (MPA) and IBM today announced at the opening of the International Safety@Sea Conference that they have jointly completed the pilot trial of three modules under the MPA-IBM SAFER project, which will be rolled out progressively beginning September 2017…
Maritime software, services and data analysis provider NAPA said it has updated its performance monitoring and reporting systems to enable simple, straightforward compliance with EU Monitoring, Reporting and Verification (MRV) legislation. Users of NAPA Shipping Solutions…
Ocean carrier Pacific International Lines (PIL), terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance. Three companies…
CEO: freight forwarding industry undergoing transformation; plays down threat from new entrants. Danish freight forwarder DSV will invest more to meet rising demand for services such as e-commerce and address competition from new players including Amazon…
The UK’s Maritime & Coastguard Agency (MCA) is modernising the way the UK Ship Register operates and a number of new initiatives are in the works that could help the red ensign become more commercial and internationally competitive, says a report from UK Chamber of Shipping…
Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that Thomas J. “T.J.” Rucker will assume the role of president effective September 1, 2017, succeeding retiring president Michael Schwank…
Following a June 16, 2017, decision by the International Maritime Organization (IMO) that requires ship owners and managers to incorporate cyber risk management into safety management systems established by the ISM Code, COMSAT has announced…
According to UKHO, 72 percent of cargo ships over 20,000 gross tonnage are ECDIS ready, following deadline on July 1, 2017; 9,680 cargo ships over 20,000 gross tonnage using an ENC serviceAlmost three-quarters of cargo ships over 20,000…
Global supplier of maritime digital data and compliance services, ChartCo, has announced the appointment of Hans Gieskes as Chairman.In addition to chairing a range of companies, including the successful AXIO Data Group, Mr Gieskes has been…
With the new release of Sesam software for structural engineering and analysis, DNV GL is showing the results of ramped-up focus on cutting costs and boosting efficiency for customers. One of the key targets is reduction of tedious work. “We are resolute about efficiency…
ClassNK and Green Award announced that they would further broaden their cooperation to ensure safety and minimize negative effects of the shipping industry. ClassNK became a Green Award incentive provider. ClassNK, a ship classification society…
T-Mining is currently working on a pilot project that will make container handling in the port of Antwerp more efficient and secure. Using blockchain technology, processes that involve several parties – carriers, terminals, forwarders, hauliers…
Maersk Line, one of the world's largest container shipping companies, said on Wednesday its cargo booking system was back up and running after a global cyber attack crippled its IT networks a day earlier. 'Further to earlier communications…
Swiss container line MSC (Mediterranean Shipping Company) is working with vessel-sharing partner Maersk to find ways to share data after a cyber attack on the Danish company, MSC said on Wednesday. MSC said it was prepared to divert ships away from affected Maersk terminals…
