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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.
Startup Nautilus Labs, which has several employees with experience from Google, IBM and Amazon, wants to lower shipping companies' fuel costs significantly. Customers include Eagle Bulk.
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.
A new report presents an outline of the maritime labor market in 2040, where much of the market may be shaped by automation and digitalization. Find the report here.
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.
In a joint venture, Maersk and IBM sought to create the most ambitious, attractive blockchain platform possible. However in reality, they scared away the most important partners.
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.
Shipowners must think differently about value creation, recommends a new report from Danish Ship Finance and Rainmaking, which projects shipping scenarios for 2030 and beyond.
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.
Family-owned container carrier Pacific International Lines (PIL) has joined forces with IBM in a new project that aims to reduce paperwork related to handling documents between shipping companies.
Kongsberg Digital expects the shipping industry's market for cyber security will grow massively in the coming years, writes Dagens Næringliv.
There is enormous potential in data usage and information sharing in shipping, writes OECD's International Transport Forum, ITF, in a new report and lists five concrete recommendations. But the organization also points to several challenges that could prevent stakeholders from realizing this potential.
Several shipping and logistics CEOs eye higher growth prospects for this year compared to 2017, shows a new survey from PricewaterhouseCoopers. However, digitalization and environmental regulations cause concern.
DFDS is struggling to attract IT talents at home. Now, the company will start hunting for talents in Turkey following its acquisition of U.N. Ro-Ro.
Blockshipping, a digital platform to register 27 million containers, and the brainchild of several former Maersk executives, was unable to raise the necessarry funding through an ICO. CEO Peter Ludvigsen talks to ShippingWatch about the next steps for the venture.
The tanker shipping company has entered a partnership with Norway's Klaveness Digital for a platform that can help handle large volumes of data for fleet operations.
Maersk and IBM have listened to the criticism of their new digital platform which was delivered by competitors earlier this year. "We are absolutely open to develop this as an industry neutral platform," says the head of the project to ShippingWatch.
Hedge fund Cargometrics, which counts Maersk Tankers as investor, is looking for a dry bulk shipping company willing to form a digital partnership, the fund's CEO tells ShippingWatch.
Liner shipping major CMA CGM has formed a partnership with a startup aimed at using AI in container shipping.
Uncertainties about environmental regulations and new standards for digitalization in shipping put a damper on newbuild orders in the years to come, says Danish Ship Finance in a new analysis.
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