Container lines such as ONE, MSC, CMA CGM and more have now adopted joint standards for digital container tracking through organization DCSA, which works for digitization and standardization in the container industry.
Tanker operator Ultraship will digitalize its route planning and monitoring processes with an agreement with Wärtsilä to make its operations more efficient and to cut costs for the company's 18 LPG tanker vessels.
After pressured margins and hard-earned experience, the way is paved for Maersk's port operator to take the next step into a more automated and digitized future, says APM Terminals CEO Morten Engelstoft.
Two former Maersk employees are behind a company that aims to reduce ships' fuel consumption. So far more than 1,000 ships and customers such as Golden Ocean and Hapag-Lloyd have signed up. "You can choose to do it cheaply or you can choose to do it properly," co-founder tells ShippingWatch.
The CEO and founder of a hedge fund which partners with Maersk Tankers has stepped down. News report link him to Ghislaine Maxwell who was charged with recruiting young girls for Jeffrey Epstein. In an email to ShippingWatch, Maersk Tankers supports his exit.
These days, competing container shipping companies are meeting in an office in Amsterdam to agree on common digital standards. This work will be an important step toward more innovation in shipping, says DCSA Chief Executive Thomas Bagge.
A new survey shows that almost half the respondents in shipping and logistics now use online platforms or digital freight forwarders in their operations and crucially value quick, effective booking when selecting services.
Startups are popping up everywhere in the shipping industry, which has to be innovate and digital like never before. The industry is, however, still behind in terms of digitalization, Wärtsilä tells ShippingWatch.
J. Lauritzen and Norden have already installed several of Cliin's new cleaning robots in order to save time and money on cleaning cargo holds. But this is just the beginning for the startup, CEO Thomas Jørgensen tells ShippingWatch.
With a new platform, port authorities in Rotterdam will send signals regarding weather and water conditions in real time to make freight planning easier. There is huge potential, says the port, which sees a future when sensors are used on everything from sailings to quays.
Nine out of ten shipping executives believe that blockchain technology will transform the sector, but a lack of trust between industry players stands in the way of progress, says Boston Consulting Group. Maersk's Tradelens and other platforms illustrate this.
Brexit is at the top of the agenda for DFDS in a 2019 in which continued expansion in Turkey is more important than other major issues in the sector. In an interview with ShippingWatch, CEO Niels Smedegaard outlines the biggest objectives for the company in the year to come.
Blockshipping gives up on plans to raise more money through cryptocurrency. The desired funding has not been raised, and the company will now pursue other investors and optimize in order to bring down capital requirements, CEO Peter Ludvigsen tells ShippingWatch.
Two shipping profiles have joined forces to create a new platform for exchanging assets between shipping companies, operators, banks and other shipping players. An opportunity for a dry bulk shipping company to secretly test a tanker, for instance, the new venture tells ShippingWatch.
What will legislation for unmanned vessels look like? Who will be responsible in the case of accidents? And could computer players be the future captains of an remotely operated vessel? ShippingWatch maps out some of the biggest questions facing autonomous shipping.
None of Maersk's largest rivals, the world's largest shipping companies, have at this point opted to participate in the digital platform TradeLens. "Without that network, we don't have a product," says IBM's project leader to media Coindesk.