Articles

Ocean Shipping

Water Works

Unmanned surface and underwater vessels will dominate maritime activity in the United Kingdom and across Europe over the next decade, according to a new report on the future of autonomous maritime systems. Networks of autonomous surface and underwater vessels are set to radically change the nature of maritime operations, according to the follow-up to Global […]

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Supply Chain Commentary: The Future of Blockchain in Ocean Shipping

The potential for blockchain goes hand in hand with digitization. Blockchain will require digitization and can also help drive it with the goal of minimizing the manual processes that many shipping industry participants still use today. Blockchain’s added value to digitization is authentication, non-repudiation, immutability of data, improved business process support through smart contracts, and […]

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Could Self-Driving Ships Become Reality by 2020?

Could Self-Driving Ships Become Reality by 2020?

"This is happening. It’s not if, it’s when. The technologies needed to make remote and autonomous ships a reality exist." So said Oskar Levander, vice president of innovation for Rolls Royce, at Amsterdam’s Autonomous Ship Technology Symposium in 2016. He wasn’t wrong about the technology, considering the United States and China already have unmanned naval […]

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No-show Fine Could Cause Nightmares for Freight Forwarders

The recent implementation of no-shows fine by shipping liners could potentially cause ‘nightmares’ for freight forwarders, says online freight forwarding company iContainers. In recent months, shipping liners including Maersk, CMA CGM, and Hapag-Lloyd have begun implementing no-shows fines on shipments that fail to show up on vessels. iContainers warns that such a fee, while the […]

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Safety and Shipping Report: Cyber Security, Regulation, and Cost Cutting Impacts Global Shipping

Large shipping losses have declined by 50% over the past decade, mostly driven by the development of a more robust safety environment by ship owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017. There were 85 total shipping losses reported in 2016, down 16% compared with a […]

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Port Everglades to Purchase Three Super Post-Panamax Container Gantry Cranes

Port Everglades is purchasing three low-profile Super Post Panamax container-handling gantry cranes at $13.8 million each to meet demands from current customers and new services anticipated from the port’s multi-million-dollar expansion program. The Broward County Board of County Commissioners approved the $41.4 million crane purchase, with an option for the seaport to purchase an additional three […]

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Georgia Ports Authority Breaks Container Volume Record

Larger vessels and additional container services calling Georgia’s ports coupled with a positive economic forecast ushered in an all-time record month for container volume. The Georgia Ports Authority handled 350,104 twenty-foot equivalent units (TEUs) in May, 11.68 % more TEUs compared to the same month a year ago, or 35,619 additional TEUs.   "It’s evident […]

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