Containership owner and operator Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., revealed it was spending approximately $146 million in cash on the purchase of two 13,000 TEU containerships. As disclosed, the vessel purchase will be financed from additional borrowings as well as cash
Finnish port automation solutions provider Kalmar, part of Cargotec, has won a contract to supply two zero-emission rubber-tyred gantry cranes (RTGs) to Safi Derince International Port in Turkey. Safi Derince International Port is located in the Marmara Region, to the north of the Gulf of Izmit. The
Boston-based Sea Machines Robotics has closed a new $15 million financing round with significant participation by Huntington Ingalls Industries.
The coronavirus pandemic is proving to be a catalyst for the digitalization of shipping, prompting ocean supply chain stakeholders to abandon manual processes and embrace automation to drive business growth, a new survey by transport management systems provider Haven Inc shows. The survey found that
DSME will join hands with the Port of Rotterdam Authority (PoR) to realize maritime digitalization by the development of the interface between a smart ship and a smart port.
Finland’s Port of Helsinki has received financial support from the EU for port investment projects.
North American provider of midstream energy services Enterprise Products Partners L.P. has loaded combination cargoes of natural gas liquids (NGL) and Olefins on the same vessel. During the month of July, Enterprise completed the simultaneous loading of propane and polymer grade propylene into separ
A newly-built berthing area in the Elbe River is powered by nineteen solar panels. The panels provide power to quick-release mooring hook units with integrated capstans. Following
Germany’s Hamburger Hafen und Logistik AG (HHLA) is one of the first ports worldwide to develop solutions for its Hamburg container terminals that use machine learning (ML) to predict the dwell time of a container at the terminal.
Several industry majors led by the Port of Rotterdam are rolling out a new pilot blockchain project, in which containers are handled and released without a PIN code: a widely used verification method in this transport segment. The port authority said that the project would involve the use of a new a
Svitzer Australia and Smit-Lamnalco have extended the agreement from 2015 under which Svitzer will continue to provide service delivery on behalf of Smit-Lamnalco in four ports in Australia. The agreement has been extended by four years for the ports of Melbourne, Botany, Newcastle and Brisbane unti
Denmark-based shortsea operator Unifeeder A/S and Dutch firm We4Sea B.V. have signed a cooperation agreement to roll-out the We4Sea Digital Twin based performance monitoring solution across Unifeeder’s fleet. The aim is to reduce the ships’ fuel consumption and emissions.
Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has published standards for the exchange of operational vessel schedules (OVS). The standards can be implemented by vessel operators, as well as their V
Japanese shipping major Kawasaki Kisen Kaisha (K Line) aims to improve its CO2 emissions efficiency by 50 percent by 2030 compared to 2008 levels, the company revealed announcing revision of its environmental vision for 2050. Achieving the target will allow the company to surpass the IMO target of a
