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Shipping cryptocurrency sees first transaction

Hong Kong-based blockchain firm 300cubits announced successful completion of the first trial shipment in its smart contract deployed on the Ethereum blockchain. The shipment consists of two 40-foot high cube container boxes going from Malaysia to Brazil. 

Blockchain to revolutionize ocean shipping

A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution aiming to eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually.

IUMI: EU consultation on e-freight documents needs improvement

The European Commission conducted a public consultation about electronic documents for freight carriage during the period of mid-November 2017 until mid-January 2018. The survey covered issues such as the acceptance of electronic freight documents by EU member states, banks, and insurance companies, and challenges related to interoperability. 

IACS Chairman sets out the organisation’s digital transformation

Speaking at Shipping 2018, the Connecticut Maritime Association’s annual conference, Knut Ørbeck-Nilssen, IACS Chairman and CEO of DNV GL – Maritime, looked at some of the initiatives taken at the International Association of Classification Societies that were changing the organisation.

IACS presents plans to improve cyber security and digitalisation

During IACS’ 76th Council Meeting, the members that participated viewed IACS’ new initiatives, which aim at the development and implementation of new technologies, including ship autonomy. IACS updated the participants regarding recent developments on its current work and plans, including cyber security and preparation for the 2020 sulphur cap and cyber safety.

Port of Gothenburg to increase efficiency through digitalization

The Port of Gothenburg informed that it proceeded to the implementation of increased automation, regarding large-scale pumping between terminals and refineries. The new system provides the terminals with fast notification about when pumping can take place, as well as information about the cost on completion.

GE, Noble launched world’s first digital rig

The Digital Rig solution, powered by GE’s Predix platform, deployed on the Noble Globetrotter I drilling vessel has been connected to all targeted control systems, including the drilling control network, the power management system and the dynamic positioning system.

Guidance on how to use UAVs

An Unmanned Aerial Vehicle is an aircraft with no pilot on board that is controlled remotely or able to fly autonomously based on a pre-defined flight route and/or dynamic automation systems. ABS released a Guidance Note to present practice recommendations on the use of UAVs for more efficient inspections.

How Visual Reality is transforming training

The future is bright for Virtual reality (VR) which has the potential to transform the traditional learning approach, by making interactive content available to anyone, anywhere and at any time. What once was seen as “something of the future” is now here to stay.

Partners complete blockchain trial from Chongqing to Singapore

After signing a MoU in August 2017, PIL, PSA and IBM Singapore worked on a Proof Of Concept exercise, built on IBM Blockchain Platform, applying and then testing a blockchain-based supply chain platform to track and trace cargo movement from Chongqing to Singapore via the Southern Transport Corridor.


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salvage company in mediterranean
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maersk honam
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