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iCargo Launches EU-Funded Logistics Program

iCargo web.jpg

iCargo, the pan-European cargo and logistics project part funded by the EU, has formally launched its three and a half year framework program.   The project, formally titled “Intelligent Cargo in Efficient and Sustainable Global Logistics Operations” includes research, development, demonstration and dissemination elements designed to improve the performance of real-world logistics. Building on the success of the previous Freightwise and e-Freight frameworks, iCargo will develop an affordable, open information architecture that allows real world objects, existing systems, and new applications to efficiently co-operate. This will enable more cost effective and lower-CO2 logistics, through improved synchronisation and load factors across all transport modes including contributing to a reduction in the number of freight vehicles in urban traffic   David Quesada, Co-ordinator of iCargo commented: “By ensuring extensive dissemination of research results, demonstration and pilot cases, validation activities, the results of iCargo will be transferred to the international transport logistics community immediately after the project. This will ensure that the value generated by iCargo can be adopted and utilised in the commercial cargo and logistics domain.”   iCargo is a consortium of 29 European organisations including:  


IHI Cuts 1,200 Jobs

Ishikawajima-Harima Heavy Industries Co. Ltd. (IHI) will cut its work force by 1,200 from the current 13,200 by the end of March 2001. A spokesman said the company plans reduce its 560 administrative staff by 30 percent, including those in finance and general affairs. The comprehensive heavy machinery manufacturer will focus on aerospace, environment protection equipment, logistics and other areas that have large potential for growth, he said


STX Shipbuilding Wins $199m Deal

SEOUL, Sept 29 Asia Pulse - South Korea's STX Shipbuilding Co. said Friday it has won a $198.6m deal to build four container carriers for a Japanese company. STX Shipbuilding will deliver the vessels for NYK Line, Japan's leading logistics company, by the end of 2009, the company said in a regulatory filing. The company, ranked seventh in the world by order backlog, earlier this week revised its order target for this year upward to 73 ships from 54 vessels.


Huntington Ingalls Subsidiary Partners With HHIC Holdings

Virginia Beach, Va. - Huntington Ingalls Industries announced that its subsidiary, AMSEC, has signed an agreement with Hanjin Heavy Industries and Construction Philippines Inc., a subsidiary of HHIC Holdings Co. Ltd., to work together in providing maintenance, repair and logistics services to the U.S. Navy and other customers in the western Pacific region. The agreement with HHIC-PHIL allows AMSEC to benefit from Hanjin's state-of-the art shipyard at Subic Bay, Philippines


Chinese Shipyard Inks Creon Jack-up Rig Order

Jiangsu Yangzijiang Offshore Engineering Co. Ltd. signs contract for the rig with Creon associate company Explorer 1. The directors of Creon the resources infrastructure investment company, announce that Jiangsu Yangzijiang Offshore Engineering Co. Ltd. has entered into a contract valued at US$170-million with Explorer I Limited to construct and deliver a Le Tourneau Super 116E Class design self-elevating mobile offshore jack up drilling rig.


Sharp Surge in Russian Traffic via Hamburg

Feederschiff auf dem Köhlbrand

Russia is the second-most important trading partner for the Port of Hamburg in terms of seaborne container handling.   With a total volume of approx. 675,000 standard containers (TEU) handled between Hamburg and the Russian ports, the volume of container traffic was up by a further 13.3 per cent in 2012, consolidating the lead in foreign trade with Europe and overseas via Hamburg. This positive trend is also attributable to Russia’s decision to join the WTO


Management Dynamics Hires Three Regional Sales Directors

Management Dynamics, Inc. the market leader in tariff and contract management solutions for the ocean transportation industry, today announced that the company has hired three regional U.S. sales directors to support the company's continued expansion into the shipper, freight forwarder, and Non-vessel operating common carrier (NVOCC) markets. Michael Roberts will be responsible for Rate Explorer® product sales in the Southeast region; Patrick Taylor will lead Management Dynamics' sales


Tschudi Shipping Considers Alaska Port Possibilities

Lieutenant Governor Mead Treadwell

Tschudi Shipping Co., one of Norway's oldest shipping firms, will begin exploring the possibility of establishing a transshipment port in western Alaska, Lt. Governor Mead Treadwell said today. Treadwell, who leads the state's work with the eight-nation Arctic Council, applauded Tschudi's decision, saying it is a tremendous step toward developing Alaska's economic opportunities related to Arctic shipping. Tschudi Shipping Co


General Mills Strategically placed in Port Salford

Courtesy Port Salford

  General Mills UK & Ireland – responsible for a range of market-leading brands, including Old El Paso, Green Giant, Betty Crocker and Nature Valley – is to be the first tenant at a new state-of-the-art distribution hub that will save 600,000 road haulage miles each year whilst providing a “future proof” solution to market trends.   The 280,000 sq. ft. site at Port Salford – which will be run by food and drink logistics expert Culina Group –


Massive Explosions at Port of Tianjin Kill 44

Picture: Xinhua

 A series of huge explosions shook  the warehouse at Tianjin Port International Logistics Center in the northern Chinese city of Tianjin late Wednesday, killing at least 44 people and injuring hundreds more, according to officials and state media.   The People's Daily newspaper said at least 520 people were injured, more than 60 of them seriously. As of Thursday morning, an unknown number of people remained unaccounted for in the wreckage.  


China Shipbuilding Plans Major Restructuring

Image: China Shipbuilding Industry Corp

 State-owned China Shipbuilding Industry Corp (CSIC) is undertaking a major restructuring as it grapples with an industry downturn, and it will be the largest restructuring among China's State-owned shipbuilders, the Beijing Business Today reported.  


Mobile Shiploader Delivered to Port Metro Vancouver

(Photo: AAL)

Multipurpose heavy lift operator AAL has completed a series of shipments to Port Metro Vancouver (PMV) of a mobile grain shiploader to be installed at the Port’s Pacific Terminal run by grain handler Viterra.  The largest component was over 66m long and weighed 250mt and


STX Shipbuilding Likely to Enter Court-lead Restructuring

Photo: Robert Kunkel

South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead creditor Korea Development Bank said on Wednesday. STX Offshore's creditors took control of the company in 2013 after the


World’s Biggest LNG Buyer Becomes Seller

Photo:  JERA Co., Inc.

 EDF Trading, a wholly-owned subsidiary of French power giant EDF, has signed an LNG sales and purchase agreement with Japanese LNG aggregator Jera Co Inc, one of the world’s largest buyers of liquefied natural gas.   Jera, a joint venture between Tokyo Electric Power Co


ShipDC Launches with New Leader at the Helm

Image: ClassNK

Ship Data Center Co., Ltd., a wholly owned subsidiary set up by ClassNK, has officially commenced operations of its big data center, ShipDC, from April 2016. Taking the helm as Representative Director and President of the subsidiary is ClassNK’s Information Technology Department General


PSA Unveils Incubator Programme for Start-ups

Courtesy PSA International

PSA International Pte Ltd today announced the inception of PSA unboXed Pte Ltd (PSA unboXed), its new corporate venture capital arm with an initial fund size of S$20 million. Through its incubator program, PSA unboXed seeks to invest in and nurture start-ups that are keen to create innovative


Australia, Thailand host Indo-Pacific Regional Peacekeeping Exercise

The Commandant of the Australian Defence College, Major General Simone Wilkie with the Director of Joint Operations, Royal Thai Armed Forces, Lieutenant General Thongchai Sarasuk during PIRAP JABIRU, a peacekeeping desk-top based exercise Australia co-hosts with Thailand from 09-20 May Photo RAN)

Australia and Thailand are co-hosting a peacekeeping exercise involving over 100 participants from the Indo–Pacific region from 9-20 May 2016 in Bangsaen, Thailand. Commander Australian Defence College, Major General Simone Wilkie, who is in Thailand to open PIRAP JABIRU 2016


PSA International Starts VC Arm

File Image: container operations underway ashore (Port of Wilmington)

Singapore-headquartered port operator PSA International Pte Ltd has set up a corporate venture capital arm, PSA unboXed, with an initial fund size of S$20 million ($14.66 million) to invest in startups. PSA said it would seek to invest in companies developing logistics solutions


PortFresh Expanding Savannah Port's Chilled Cargo Capacity

PortFresh Logistics is constructing a 100,000 square-foot facility at a location with immediate interstate access and only 15 miles from the Port of Savannahs Garden City Terminal.

A new Georgia-based company called PortFresh Logistics has announced plans to build a 100,000 square-foot cold treatment facility dedicated to perishable cargoes imported through the Port of Savannah. The facility, slated to open in late summer 2016


Port of Long Beach Sponsors Logistics Academy

Photo: Port of Long Beach

At its third annual Celebrating Education event, held at McBride High School on Thursday, May 12, the Port of Long Beach recognized scholarship and high school internship recipients and announced a new initiative to broaden its educational outreach through a specialized academy at Cabrillo High


Hili, Peterson Create Mediterranean JV

Photo: Peterson (Malta) Ltd

 Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa.  


Bouchard: New Logo and Website

New logo for Bouchard Transportation Co., Inc.

Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, has introduced a new corporate logo and announced plans to launch an updated website before the end of the year. Both the new logo and updated website, www.bouchardtransport


Matson Launches China to New York LCL Service

 Matson Logistics Supply Chain Services is expanding its less-than-container-load (LCL) capabilities by offering direct fast transit from China to the New York and New Jersey markets.    The service is based on Matson’s China-Long Beach Express (CLX) service


Heavy LIfting: Moving Modules for Brazilian FPSO

Load-out of the fourth module onto the module carrier MV Mega Trust using Mammoet’s SPMTs. (Photo: Mammoet)

Mammoet delivers full logistics scope for FPSO module integration project    On April 6, Mammoet, a service provider specializing in engineered heavy lifting and transport, completed a load-out of the first set of four modules bound for the FPSO (Floating Production


DP World at China’s Belt & Road Summit

DP World Group Chairman and CEO, Sultan  			          Ahmed Bin Sulayem, with Chief Secretary for Administration of the Hong Kong Government, Ms Carrie Lam and UAE Minister of Economy, HE Sultan Bin Saeed Al Mansouri at the Belt and Road Summit in Hong Kong. Photo DP World

Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential.  






 
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