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Maersk launches new digital solution to address overbookings

Maersk launched an online product to address the problem of overbookings. Maersk Spot provides customers a cargo loading guarantee at a fixed price upfront. Maersk Spot is available on all trades, except in and out of US. Silvia Ding, Global Head of Ocean Products at Maersk, explained that Maersk Spot aspires to reduce the buying experience to five online steps. 

Blockchain consortium to address issue of dangerous cargo misdeclaration

Maritime Blockchain Labs has created a consortium, aiming to explore the use of blockchain in order to address the dangers and challenges regarding the declaration and handling of dangerous goods. The consortium will establish a prototype to analyze the possibility for distributed ledger technology to address the challenges that stakeholders face in the supply chain.

Study: Technological innovation a major challenge for port sector

Innovation at terminals is a reality with container terminal operators evolving in a highly competitive environment and deploying tremendous efforts to adapt their terminals to the ever-growing size of vessels and its cascading effects, according to a new study by ETF, IDC, FEPORT and ESPO.

Watch: Digitalization will benefit supply chains

Aditi Rasquinha, Director Seafreight at Kuehne & Nagel, discusses the future of shipping, from talks around IMO’s 2020 sulphur cap, to digitalization and automation. In the meantime, port of Rotterdam published a white paper focusing of the benefits of digitalization to the supply chain.

US now more focused on developing Artificial Intelligence

US Secretary Rick Perry welcomed President Trump’s Action on A.I, while also announcing an XLab Summit on Artificial Intelligence in Chicago. This came after the Trump Administration published the National AI R&D Strategic Plan: 2019 Update.

Port of Baku aims greener ports and digital connectivity

Announced in June 14, port of Baku collaborated with the Organization for Security and Co-operation in Europe (OSCE) with the aim of promoting greener ports and connectivity in the Caspian sea region. The project will be implemented in partnership with the European Bank for Reconstruction and Development, UNECE and leading private sector experts.

Partners launch blockchain-powered cargo community system

Cargo community provider MGI collaborated with Thales to integrate blockchain technology into its Ci5 Cargo Community System, enabling clients act as trusted third parties when key statuses are validated for the release of goods from shipping terminals.

To achieve digitalization the industry should be re-invented, Wallem CEO says

LR’s James Forsdky Asia Vice President – Hong Kong and Taiwan discussed with Wallem CEO, Frank Coles, about digitalization and the future of the shipping industry. Mr Cole explains that the shipping industry has to adapt to a new attitude to fully embrace digitalization and follow in the successful footsteps of the nuclear, aviation and aerospace industries.

Mi-Fi trial project provides internet access to seafarers

Maritime welfare charities across the UK are taking part in a pilot project to provide the crews of visiting vessels with access to high-speed internet services. The pilot project is developed by ITF Seafarers’ Trust and managed by the Merchant Navy Welfare Board (MNWB).

SEA Europe: EU shipbuilding needs more investments in innovation

The European Maritime Technology Sector needs more significant investments in research, development and innovation for the further development of digitalisation, automation and autonomy in the shipbuilding processes, to secure its competitiveness, as well as to cope with its societal challenges, SEA Europe said in a new statement. 

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