Digital Standards for Container Shipping on the Starting Blocks

By Gavin van Marle in Rotterdam (The Loadstar) - The first common digital standards for the container shipping industry are expected to be proposed this year, according to the newly appointed chief executive of the Digital Container Shipping Association. Speaking at this week’s TOC Container Supply Chain event in Rotterdam, Thomas Bagge (pictured ) told delegates that … [Read more...]

Business of Shipping: Maritime Industry Technology Accelerators

By Ira Breskin - The staid maritime industry now boasts several technology accelerators, with more likely to follow. The accelerator name is self-effacing. These technology “hot houses” are designed to force feed promising start-up firms that offer the promise of highly-sought, cutting-edge, industry-specific software and hardware. Ironically, some of this technology may … [Read more...]

Norway’s Aker Bets On Software Engineers for Its Oil Business

By Shadia Nasralla and Gwladys Fouche STAVANGER, Norway, Sept 19 (Reuters) - When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one. So instead they set up their own, Cognite https://www.cognite.com, to create digital maps of Aker BP's … [Read more...]

Blockchain Technology: Friend or Foe?

MTS Logistics is a C-TPAT and ISO9001:2008 certified NVOCC specializing in LCL, FCL, and project sea freight shipments. With the help of their global agency network, they are able to provide import and export services to and from a wide range of international destinations including, but not limited to, South America, the Mediterranean, Europe, the Middle East, Oceania, and … [Read more...]

Maersk Elects New Chairman to Steer Digital Transformation

By Stine Jacobsen COPENHAGEN March 28 (Reuters) - A.P. Moller-Maersk's new chairman committed to automating its systems as the oil and shipping group steps up its drive to become more efficient and save costs at a time of low oil prices and declining freight rates. The more than 100-year-old conglomerate's digital push will mean that in theory, it should be as easy to … [Read more...]