Hepburn and Sons Appoints Crone as Director

Hepburn and Sons LLC team has welcomed CAPT Timothy Crone as its newest Director. CAPT Timothy Crone, USN (Ret) will serve as Hepburn’s Director, Advisory Services.CAPT Crone, a graduate of the United States Naval Academy, earned his Bachelor of Science degree in Political Science from the US Naval Academy and completed a Master of Science in Justice, Law and Society from American University. He has also received a Master of Arts in National Security Policy and Strategic Studies from the U.S.

Kalmar Books Order for 30 Ottawa Terminal Tractors

Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec's third quarter 2018 order intake, with delivery of the machines scheduled to take place through the first quarter of 2019.Tecon Santos is located in the largest port in Latin America and is one of Brazil's leading logistic company and biggest container terminal.

China, U.S. Discuss Road Map for Continuing Trade Talks

China and the United States discussed a road map for the next stage of their trade talks on Tuesday during a telephone call between Vice Premier Liu He, U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.U.S. President Donald Trump and Chinese President Xi Jinping agreed at a Dec. 1 meeting in Argentina to a truce that delayed a planned Jan. 1 U.S. increase of tariffs to 25 percent from 10 percent on $200 billion worth of Chinese goods.Lighthizer said on Sunday that unless U.S.-China trade talks wrapped up successfully by March 1…

Eastern Libyan Oil Export Ports Reopen - NOC

Eastern Libyan oil export ports have reopened after bad weather forced their shutdown, Libyan state oil company NOC said on Friday.NOC's statement said storage tanks at the port of Es Sider could accommodate three days of production. One vessel is being loaded now and another is on its way to the port, NOC said.The Ras Lanuf storage tanks have another four days of storage capacity, while Hariga port’s storage capacity is 5 days, with a vessel due to arrive on Saturday to load, NOC said.(Reporting by Ayman al warfalli and Ulf Laessing; Editing by Jane Merriman)

Bad Weather Shutters Eastern Libyan Oil Ports

The eastern Libyan oil ports of Es Sider, Ras Lanuf, Brega and Zueitina were still closed on Thursday because of bad weather, port and shipping sources said.Libyan state oil company NOC had said on Wednesday that all the country's oil export terminals were closed by bad weather.Reporting by Ayman al-Warfalli

HyperloopTT, Hamburg Port Operator in Shipping JV

Port of Hamburg terminal operator Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) joined force with Hyperloop Transportation Technologies (HyperloopTT/HTT) to form a new company.According to a press release from HTT, the company will focus on integrating the latest container movement innovations with hyperloop technology into the largest rail port in Europe. Additionally, the new company will bring this new technology to ports, shipping, and logistics companies around the…

International Propeller Club Looks for new Executive VP

The International Propeller Club of the United States is looking for a new Executive Vice President to lead its Fairfax, Virginia office in early 2019.The International Propeller Club is an international business network dedicated to the promotion of the maritime industry, commerce, and global trade. It has 5,000 members in more than 75 ports around the world who represent a cross-section of the maritime industry. The Propeller Club is ninety-one years old and serves as the premier…

CMA CGM, Freightos Ink Digitization Pact

CMA CGM becomes the first ocean carrier listed on Freightos; direct digital sales, booking, and shipment management on CMA CGM key transpacific trade lanes now available on Freightos.The CMA CGM Group, a worldwide leading shipping group, and Freightos, the world’s online freight marketplace, are pleased to announce they have signed an ambitious pilot agreement whereby CMA CGM has become the first ocean carrier listed on Freightos. Online bookings, guaranteed pricing, and secured capacity on CMA CGM China-US trade lanes are available on the platform…

Future Maritime Design: NETSCo Sponsors Student Design Competition

NETSCo announced the winners of the 2018 Society of Naval Architects and Marine Engineers (SNAME) Student Design Competition held recently during the 2018 SNAME Maritime Convention in Providence, RI. Many interesting designs were devised with over 150 students participating in the competition. Congratulations to our winning teams: First Place Team 9 – Black Friday; Second Place, Team 8 – PlayBuoy; and, Third Place, Team 5 – Team Boats.The Competition is organized by the SNAME Student Steering Committee (SSC)…

Maersk to Cut Carbon Emissions to Zero by 2050

The world's largest container shipping company A.P. Moller -Maersk has pledged to cut net carbon emissions to zero by 2050.The Danish business conglomerate with activities in the transport, logistics and energy sectors said in a press note that to achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in new innovations and adaption of new technology is required.Climate is one of the most important issues in the world, and carrying around 80% of global trade, the shipping industry is vital to finding solutions.

Craighead Appointed as CLIA President and CEO

Cruise Lines International Association (CLIA) has announced that its Global Executive Committee has appointed Kelly Craighead as President and Chief Executive Officer effective January 1, 2019. Craighead will be taking over the role currently held by Cindy D'Aoust, who in July of this year announced her intent to leave her position by year’s end.Craighead has spent over 15 years in the public and private sectors, recently serving as Deputy Assistant Secretary for Travel and Tourism in the U.S.

Kongsberg Marine Bags Award for DPS

The state-of-the-art DPS i-Series Differential Positioning System has won the ‘Innovative Dredging Technology of the Year’ category at the Dredging and Port Construction Awards 2018.The judges highlighted the unique system as a powerful tool for dredging contractors who can now leverage the same abilities for high-precision applications as offshore operators; using sensor technology combined with satellite positioning systems to improve not just the position of dredging vessels but also their efficiency.Ines Nastali…

Ponant Tests New Sail System

The French-flag cruise line Ponant is testing the Solid Sail concept on its vessel Le Ponant. Tests are being conducted with maritime construction company Chantiers de l’Atlantique as part of the sailing cruise-vessel project Silenseas, launched two years ago.Two patents have been filed—in 2009 and 2017—for the new type of sail, made of fibreglass, carbon and epoxy-resin panels in a carbon-slat frame. This new technology will significantly reduce energy consumption tied to propulsion…

Linde Group Bags Chinese LNG Contract

The technology company The Linde Group has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia."This will be Linde’s seventh and largest LNG plant to date in China and is in response to growing demand from customers in China," said a release from the company.Linde's Engineering Division will be responsible for engineering, procurement and site services for the LNG plant with a nameplate capacity of 750…

Port of Los Angeles Sets Monthly TEU Record

The Port of Los Angeles processed 952,554 Twenty-Foot Equivalent Units (TEUs) in October 2018, a 27.2 percent increase compared to October 2017. It was the most cargo handled in a single month in the Port’s 111-year history, eclipsing the November 2017 record of 924,225 TEUs.“During October, two of our container terminals – APM Terminals and Fenix Marine Services, formerly Eagle Marine – processed record container volumes while West Basin Container Terminals and Everport Terminal Services handled the biggest ships to ever call at those facilities…

Nokia, ABB and Kalmar Trial 5G Technology for Harbor Automation

Nokia, ABB and Kalmar, part of Cargotec,  have successfully conducted industrial trials that leverage the low latency capabilities of 5G to support time-critical applications and enhance protection and efficiency in a smart electricity grid and in harbor automation.In a joint press release the companies said that the trials, conducted as part of the Wireless for Verticals (WIVE) research project, represent one of the first real-world applications of time-critical 5G applications…

Five Container Shipping Gaints Form Digital Collaboration

Five container shipping companies - MSC, A.P. Moller – Maersk, CMA CGM, Hapag-Lloyd, and Ocean Network Express -  intend to create an association with the purpose of paving the way for digitalization, standardization and interoperability in the container shipping industry.IT executives from the shipping groups are currently discussing the creation of common information technology standards which shall be openly available and free of charge for all stakeholders of the wider container shipping industry.“It’s in the customers' and all stakeholders’ best interest…

East Africa Opens it First Inland Dry Port

Dubai-based global port operator DP World and the Rwandan government have opened East Africa’s first Inland Dry Port, 20 kilometers from the capital city Kigali and close to the international airport.DP World Kigali logistics hub is a secure, bonded facility spread over 13 hectares and features an Inland Container Terminal (ICT) with modern warehousing capacity, a container yard, administrative and services buildings, parking areas and other facilities.According to a release from the world's port terminal operator…

Varanasi Port Receives India's First Inland Cargo Vessel

Indian Prime Minister Narendra Modi has inaugurated the first multi-modal terminal built on the river Ganga in Varanasi (Kashi). He also received India's first container vessel that sailed from Kolkata on the newly-developed inland waterway.The event marked India’s first inland voyage by a container ship since it gained independence from Britain 70 years ago. The first consignment contained cargo belonged to food and beverage giant PepsiCo India.The 1,390km (863 miles) Ganga watercourse is one of the 111 waterways spanning 20,276km that India is reviving or planning to build.

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.

DSC Dredge CEO Wetta Delivers Ghana Fact-Finding Trip Report

As a member of the President’s Advisory Council – Doing Business in Africa (PAC-DBIA), Bob Wetta attended the September 26, 2018 Fact-Finding Trip Report meeting in Washington, D.C., with U.S. Secretary of Commerce Wilbur Ross and 13 other U.S. Government officials. Their purpose was to deliberate and adopt the final report of the 2016-2018 term of the PAC-DBIA. Prepared by IBM’s Takreem El-Tohamy, but unfortunately unable to attend the meeting, Bob Wetta presented the Ghana information…

SeaCube Commits to Digital Transformation

SeaCube Container Leasing said it plans to provide its customers with access to leading-edge technology without the burden of a major capital financial investment.SeaCube offers a menu of options that affords customers the flexibility to develop customized solutions as well as select the technology and telematics vendor that fits their needs.“Our customers want to enhance their standard equipment offering with innovation and technology, but the initial capital outlay can often times be cost-prohibitive.

Global Shipping Business Network on Blockchain Platform Launched

Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology.According to a statement, the participants include COSCO Shipping Lines, CMA CGM, Evergreen Marine, OOCL, Yang Ming, DP World, Hutchison Ports, PSA International and Shanghai International Port, as well as software…

Wärtsilä Sells Pumps Business to Solix Group

Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden.According to a press release from the marine technology giant, Wärtsilä Pumps has belonged to the Wärtsilä Marine Solutions organisation and became part of the company along with the acquisition of Hamworthy in 2012. The Wärtsilä Pumps business recorded sales of approximately 50 MEUR in 2017.The divestment will enable Wärtsilä to devote greater focus to its Smart Marine vision.

The 2020 Global Sulphur Cap: ABS Aid for Greek Shippers

Leading Greek shipping industry stakeholders joined ABS, a global provider of classification and technical advisory services to the marine and offshore industries, for a workshop on drafting 2020 sulfur limit Ship Implementation Plans (SIP).Intended to help shipping companies and crew ready their vessels for compliance with the required sulfur content limit of 0.50% by 1 January 2020, the ABS workshop identified risks associated with design and operations of vessels in relation to the IMO regulation, including a HAZID study.

Rio Tinto: Autonomous Ships "Not Far Off"

Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry has recovered from the deep commodity crash of 2015-16, but faces headwinds from U.S.-China trade tensions, which have dented the copper price, and is struggling to win investor trust.In a copy of a speech to be delivered at a conference in Melbourne on Tuesday…

Nor-Shipping Appoints First Sustainability and Technology Chief

Nor-Shipping is continuing its mission to build ‘your arena for ocean solutions’ with the recruitment of its first Head of Sustainability and Technology, Silje Bareksten.A press release stated that the development marks another step in an evolution that aims to realign the event week to support, serve and enable the maritime industry of tomorrow."Over the course of 2018 Nor-Shipping has rebranded, repositioned to help its maritime base exploit the potential of increasing ‘ocean industry’ activities and announced that its exhibition Hall A will now focus on the Blue Economy…

Seabury Maritime Expands Executive Team

The global maritime and transportation investment bank and industry advisory Seabury Maritime PFRA (SMPFRA), a division of Seabury Capital Group, announced the appointment of Fernando Lehrer as Executive Director, Head of Marine Services, and Nikos Petrakakos as Vice President, Head of Maritime Environmental Innovation.Lehrer and Petrakakos are joining the SMPFRA’s leadership to further advance the company’s strategy to provide an integrated platform to its clients that delivers…

GNS, SIRM Join to Povide Cloud-based Services for Ship Managers

The  maritime technology company Global Navigation Solutions (GNS) and the supplier of navigation and telecommunications equipment and services SIRM have announced a new strategic partnership.The new partnership will combine GNS’s expertise in data intelligence, back of bridge software and navigation with SIRM’s cloud-based services and telecommunications capability to deliver a new generation of ship-shore technology solutions and enhance office-based situational awareness."Agreement…

Georgia Moves 630K Cars, Trucks and Tractors in FY18

GPA details plan to double Brunswick capacity to 1.5 million units.At the Brunswick State of the Port today, Georgia Ports Authority (GPA) Executive Director Griff Lynch detailed Fiscal Year 2018 successes, including 630,000 units of cars, trucks and tractors handled through Georgia terminals. "The Port of Brunswick achieved a solid performance across all cargo categories over the last fiscal year," Lynch said. "As GPA adds new terminal space, we will expand our service area in the Southeast and beyond." During the event hosted by the Brunswick Golden Isles Chamber of Commerce…

Hurtigruten Orders New Hybrid Powered Expedition Ship

Hurtigruten continues to push the borders for green travel – and orders new, groundbreaking hybrid powered expedition cruise ship.Hurtigruten, an expedition cruise operator, has signed a memorandum of understanding with Norway’s Kleven Verft AS for the construction of their third hybrid powered expedition cruise ship.The new ship’s design, construction, engineering and advanced technology will be based on Hurtigruten’s two next-generation ships, MS Roald Amundsen and MS Fridtjof Nansen…

Shanghai Lingang Invests in Zeebrugge Port

Chinese investment by the Shanghai Lingang Overseas Development  in the port of Zeebrugge was officially signed in Brussels by Liu Jiaping, Chairman of Lingang, and Coens Joachim, CEO of Port of Zeebrugge.The agreement was signed in the presence of the prime minister of the People’s Republic of China, Ki Keqiang, and the prime minister of Belgium, Charles Michel.Port of Zeebrugge already announced the investment by the Chinese group Lingang in the Maritime Logistic Zone to establish a service and distribution park.

ShipMoney Announces New Appointments in Europe

Specialized global maritime payments provider ShipMoney has announced a series of high level appointments to its European operations team.Roula Zachariou joins the ShipMoney team as Vice President of Business Development and Client Management. She brings with her over 20 years of local knowledge and relationships in the Greek and Cypriot maritime markets which will immediately boost ShipMoney’s ability to support clients locally as well as continue to develop and grow business…

FIT Opening New Cargo Facility at Port Everglades

Florida International Terminal, LLC. (FIT) is opening a new 32-acre containerized cargo terminal at Broward County’s Port Everglades with double the number of entry gates, and adding new scales, heavy equipment, technology and increased stacking capacity.Already one of the largest cargo terminal operators at Port Everglades, FIT is relocating to make way for the largest capital improvement project in the port’s history.In the past fiscal year (October 1, 2017 through September 30, 2018), FIT experienced 17 percent growth with approximately 226,000 TEUs.

Scrubber-fitted Dry Bulk Vessels to Command Premiums -MSI

A two-tier market will reward early adopters with higher timecharter rates and asset values as cost of low sulphur fuel increases dramatically, says research and consultancy firm Maritime Strategies International (MSI).According to MSI, scrubber-fitted dry bulk vessels could be earning a significant premium over those burning more expensive low sulphur fuel and higher asset values will reward those owners that fitted the technology early.In an article ‘Scrubbing Up: the impact…

Abu Dhabi Ports, MSC Join with Silsal for Blockchain Solution

Abu Dhabi Ports subsidiary Maqta Gateway said that it is to carry out its first testing of international blockchain solution Silsal with a maritime operator in partnership with MSC Mediterranean Shipping Company, a global leader in shipping and logistics.Silsal provides a seamless and secure link between stakeholders across the trade community using the electronic ledger system.As a major carrier, MSC will provide vital information and feedback on the international pilot project…

Container Logistics Blockchain Pilot Launched in Rotterdam

The Port of Rotterdam Authority, Samsung SDS and ABN AMRO are preparing to launch a container logistics blockchain pilot.The pilot will seek to use blockchain technology to build a platform for efficient and paperless administration processes for the international finance and logistics surrounding container transport. The result should make it just as easy to transport, track and finance goods and services as it is to order a book online.Currently payments, administration and…

COSCO Makes Liverpool Call

The Port of Liverpool welcomed a vessel call from COSCO on Wednesday.The MV Jork called at Liverpool after a stop in Rotterdam before returning with U.K. exports. In Liverpool it unloaded mainly high value Asian goods for fast delivery into the supply chain across the U.K.The Port of Liverpool boasts a consistent truck turnaround time of less than 40 minutes, unrivaled by its peers in the South – meaning cargo is expected to be at its final destination hours after discharge on…

Singapore Pact for 3D Printing in Maritime Sector

The Maritime and Port Authority of Singapore (MPA) signed two Memoranda of Understanding (MoU) for Additive Manufacturing (AM), also known as 3D printing.The two MoUs are: a) An MoU with PSA Corporation Limited (PSA), the National Additive Manufacturing Innovation Cluster (NAMIC) and 3D MetalForge Pte Ltd (3D MetalForge) to establish the world’s first on-site AM production facility for port applications; and b) An MoU with NAMIC and the Singapore Shipping Association (SSA) to…

China Unveils Plan for Hainan Free Trade Zone

China on Tuesday granted the southern province of Hainan free trade zone (FTZ) status, vowing to significantly ease restrictions on foreign investment on the island in sector from agriculture to medical services.Known for its sandy beaches and resort-lined coast, Hainan is the headquarters of China's aviation-to-financial services conglomerate HNA.President Xi Jinping first said in April China would set up a free-trade pilot zone and build an international free trade port in Hainan.Spanning 35,400 square kilometers, the Hainan FTZ would be much bigger than China's eleven existing FTZs, which a

Autonomous Shipping Pushing Full Steam Ahead

Rolls Royce and Intel Artificial Intelligence (AI) announced that they’re bringing advanced intelligence to cargo shipping to deliver on the benefits of an autonomous shipping future.As part of its effort to make commercial shipping safer and more efficient, Rolls-Royce is working to develop fully autonomous shipping solutions using artificial intelligence (AI) powered by Intel Xeon Scalable processors and Intel 3D NAND SSDs for storage.“Delivering these systems is all about processing – moving and storing huge volumes of data – and that is where Intel comes in.

Polish Maritime Industry Gathers for Annual Maritime Economy Forum

More than 600 maritime professionals have gathered for the 18th annual Maritime Economy Forum, in the port city of Gdynia in Poland.The forum held at the Pomeranian Science and Technology conference center is now one of the biggest and most influential maritime events in Poland. The event saw representatives from Poland’s ship-building, ports, shipping, manufacturing and small business sectors attend. The forum hosted 30 speakers and witnessed a number of hard-hitting speeches…

Abu Dhabi Ports, Etisalat Annouce Partnership

Abu Dhabi Ports and Emirates Telecommunication Group Company(Etisalat) have signed a memorandum of understanding (MoU) focused on advancing technological capabilities and business opportunities in support of Abu Dhabi Economic Vision 2030.The partnership focuses on building shared electronic projects and networks, exchanging knowledge, simplifying procedures, securing fixed and wireless telecommunications coverage, and managing operational risk.Etisalat will also help Abu Dhabi Ports to adapt to the latest telecommunications technologies, business models, and customer behaviours.

U.S. Coast Guard's Maritime Commerce Strategic Outlook released

U.S. Coast Guard Commandant Admiral Karl L. Schultz has issued the Coast Guard's 40-paged document that outlines their "VISION for Enabling Maritime Commerce." He introduces the new paper in an open letter to industry, as shown below:America is a maritime Nation. It is a Nation shaped by seafarers who recognized the tremendous economic potential derived from unrestricted access to the oceans, internal waterways, deep-water ports and protected straits and bays. This geostrategic advantage favorably shapes our Nation’s security…

Oil And Gas CEO: New Tech Creates Opportunity

Data from KPMG’s 2018 Oil and Gas CEO Outlook, released Oct. 10, reveals that globally, almost all oil and gas CEOs believe new technology creates opportunities. Eighty-five percent are piloting or have already implemented Artificial Intelligence (AI).However, only 59 percent feel their organization is an active disruptor in their own sector, and 57 percent feel that the lead times to achieve significant progress on transformation can be overwhelming"Technology is disrupting the status quo in the oil and gas industry.

Long Beach Moves 8 Mln TEUs in Fiscal Year

The Port of Long Beach closed out the 2018 fiscal year having handled 8,000,929 twenty-foot equivalent units (TEUs) during the previous 12 months, the most ever, representing a 10.7 percent increase over fiscal year 2017. The port's fiscal year is October 1 to September 30.“We are poised to break our calendar year record at the end of December,” said Port of Long Beach Executive Director Mario Cordero. “Despite the tariffs imposed by Washington and Beijing, international trade is showing resilience…

New Mental Wellbeing Guide for Seafarers

In a joint initiative, the American Club and Seamen's Church Institute (SCI) have cooperated to produce a new guide, Caring for Seafarers’ Mental Wellbeing, due for release on October 10 in recognition of World Mental Health Day, 2018.The document provides guidance on responding to both routine and extreme stressors impacting the quality of life and safety of seafarers both ashore and afloat, and seeks to promote awareness generally of the importance of seafarer mental well being.Numerous…

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.

APM Terminals Starts Direct Rail Connection with Venlo

APM Terminals Maasvlakte II has set up a new rail shuttle to the Cabooter Terminal in Venlo. Under the new schedule, a total of three trains will be loading and unloading at this terminal every week.The trains will carry both import and export cargo. The new initiative doubles the number of rail connections between Rotterdam and Venlo’s Cabooter Terminal.“The shuttle to Venlo will help us to move containers more quickly from Rotterdam to the hinterland,” says Roy de Haan, APM’s Head of Commerce Management. “Venlo is an important logistics hub.

Avondale Yard to Be Repurposed as a Multimodal Hub

The former Avondale Shipyard facility in Louisiana will be redeveloped into a logistics and intermodal hub under a joint venture group that took ownership of the shuttered shipyard today.The Avondale site, located just upriver from New Orleans, built and repaired commercial and military vessels for more than 75 years, most recently as part of Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division, until the facility ceased operations in December 2014.New development plans announced today will see the 254-acre site repurposed as a multimodal…

APM Terminals Rolls-out GC3 Initiative

APM Terminals’ new Global Core Competency Centre (GC3) will ensure that the company not only continues to lead in terms of technology, but will proactively re-think how technology can drive company growth.The GC3 commenced in July with more than half of its employees already onboard, but launched officially this month in Algeciras, Spain.“The vision is to create an internal technical centre to meet the demands of our business in the areas of Terminal Operating Systems (TOS), Asset Digitization and Workforce Management,” explains Richard Ventre, Global IT Director at APM Terminals.

ABB Acquires Logistics Tech Firm intrion

Swedish-Swiss multinational corporation ABB has completed its acquisition of intrion, with the aim of boosting its expertise in fast-growing logistics automation market.intrion is a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the logistics, food and beverage and pharmaceutical industries.The acquisition was announced on July 24, 2018. The…

Global Blockchain Technology Market in Logistics to Grow 82.86% by 2022

The global blockchain technology market in transportation and logistics industry to grow at a CAGR of 82.86% during the period 2018-2022.Blockchain technology is a cryptographically managed, distributed ledger system offered by vendors such as IBM, Microsoft, Oracle, SAP, and Tata Consultancy Services.The latest trend gaining momentum in the market is the advent of blockchain as a service (BaaS) which will lead to the growth of the market, according to Global Blockchain Technology…

Golden Ocean Group Appoint Two New Board Members

Norway based dry bulk shipping company Golden Ocean Group Limited IGOGL) has announced that Ulrika Laurin and James O'Shaughnessy have been elected as new board members.Ulrika Laurin has been the Executive Chairman of ship-owning company Anglo-Atlantic Steamship Co. Ltd. and the Chairman of Laurin Shipping AB, an international ship-management company.She has served as the CFO of Anglo-Atlantic Steamship Co. Ltd. and as Commercial Manager of Laurin Maritime (UK) Ltd. Prior to that, she worked with fund manager Tufton Oceanic Ltd. and with management consultant Karlöf & Partners.

DeNike Presented with Connie Award

Edward Anthony DeNike, president of SSA Containers, a division of Carrix, received the 2018 Connie Award presented by the Containerization & Intermodal Institute (CII) in Long Beach, Calif., on Tuesday. DeNike was honored for his contributions to containerization and international trade and transportation industry over the course of the last five decades.The dinner event honoring DeNike was held in conjunction with the IANA Intermodal EXPO and attracted more than 250 people."It is no surprise that our recipient, Ed DeNike – an industry legend – has attracted a record-breaking crowd.

Keppel Partners GTT on LNG Solutions

Keppel Offshore & Marine (Keppel O&M) has signed a Technical Assistance and License Agreement (TALA) with Gaztransport & Technigaz (GTT) that will enable the companies to jointly market liquefied natural gas (LNG) solutions leveraging GTT's membrane containment systems and Keppel's shipyard expertise.Keppel O&M's network of global yards will be able to offer GTT's LNG systems in the design, construction and maintenance of LNG carriers, LNG Bunker vessels, LNG-fuelled vessels, and floating storage and regasification units (FSRU).Since completing its first LNG carrier repair in 1990…

Kings Point Alumni Release Commemorative Video

Video marks Academy's 75th year and those who made the ultimate sacrifice.Alumni of the United States Merchant Marine Academy (USMMA) released an inspiring video to commemorate the 75th anniversary of the institution and memorialize midshipmen who have died in service to the nation. Over the summer, the USMMA Alumni Association and Foundation (USMMA-AAF) has been executing a multi-faceted campaign to mark the federal academy's decades of service and the foundational role it plays…

New Report Highlights Positive Impact of Illinois International Port District

The Great Lakes Seaway Partnership announces the release of Economic Impacts of the Port of Chicago, a report documenting the many contributions made by the Illinois International Port District (IIPD) and Great Lakes Seaway Shipping to the City of Chicago, Cook County, State of Illinois and Great Lakes region.The study reports that in 2017 the IIPD and maritime commerce supported:6,381 jobs$820.4 million in economic activity$514.8 million in personal income and local consumption…

Volvo Shows Off Self-driving Truck With No Cab

Sweden's Volvo, the world's second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers.Volvo said the truck, which does not have a driver's cab, was still under development and declined to say when it would be available commercially. It expects the vehicle to be deployed first in places like ports and large logistics centers."We believe there will be a driver behind the steering wheel for the foreseeable future…

China Launches New Marine Satellite

China successfully launched a new marine satellite into orbit yesterday (Friday) to help improve understanding of maritime waters and study the impact of climate change, Xinhua reported.A Long March-2C rocket carrying the HY-1C satellite took off at 11:15 a.m. from the Taiyuan Satellite Launch Center in north China's Shanxi Province.The satellite will assist in monitoring ocean colour and water temperatures, providing basic data for research on the global oceanic environment, reports Xinhua…