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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:  


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.


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


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.  


Cambodia Study Looks at Port Data Exchange

Photo:  International Maritime Organization (IMO)

 A feasibility study to look into the possible expansion of the Northeast Asia Logistics Information Service Network (NEAL-NET) is being undertaken in Cambodia, as part of a project co-funded by International Maritime Organization (IMO) and China.   


Norwegian Authority Objects Eimskip's Acquisition of Nor Lines

Photo: Eimskip

 The Norwegian Competition Authority has today given a notice of an objection to Eimskip’s acquisition of the Norwegian shipping and logistics company Nor Lines AS.   The notice reflects the Authority's preliminary conclusion


Saudi Aramco Selects Lead Underwriters for $100 Bln IPO

Oil giant Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters on the firm's planned initial public share offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.  


APM Terminals Pipavav welcomes its largest RoRo carrier

APMT Hoegh Tracer Photo APM

APM Terminals Pipavav welcomed the Hoegh Tracer, one of the world’s largest pure car and truck Carrier (PCTC), and the largest to ever call an Indian port. At 14 decks high, the Hoegh Tracer has a capacity of 8,500 vehicles, and loaded 1


Vancouver Port Selects “PBCF” as Equipment Designated

PBCF (circled in yellow) is being installed. Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced that Propeller Boss Cap Fins (PBCF) was selected as a vessel quieting technology by the EcoAction Program implemented by Port of Vancouver, Canada. PBCF was jointly developed by MOL, West Japan Fluid Engineering Laboratory Co., Ltd


Glosten Promotes FitzGerald to Principal

Ken FitzGerald (Photo: Glosten)

Seattle-based naval architecture and marine engineering consultancy Glosten has promoted Ken FitzGerald to Principal.   FitzGerald is a graduate of Louisiana State University (BS, Petroleum Engineering, 1992), and joined Glosten in 2003 after 13 years working in commercial oceanography


Maersk Chairman Rasmussen Steps Down

Michael Pram Rasmussen (Photo: A. P. Moller-Maersk)

A.P. Møller - Maersk’s chairman of the board will step down at the end of March as the group missed fourth-quarter profit expectations amid low prices and oversupply in the oil and freight sectors.   Michael Pram Rasmussen said he will not stand for reelection as chairman of


Savannah Positioned as U.S. Gateway Port

Developers have purchased five parcels, totaling 500 acres, within the Savannah River International Trade Park for warehousing and distribution operations. Photo Georgia Ports Authority

Today the Georgia Ports Authority announced the sale of 500 acres of property for commercial development to accommodate growing customer demand for warehousing, distribution and transload facilities near the Port of Savannah.   The new development


A.P. Moller-Maersk Misses Q4 Forecast

File Image: A Maersk product tanker underway (CREDIT: Maersk)

Net operating loss after tax of $2.7 bln means dividend cut. Chairman to step down at end of March.   A.P. Moller-Maersk missed fourth-quarter profit expectations on Wednesday as the world's largest shipping company pressed on with changes, taking impairments


Korea Bank Puts 10 Hanjin Vessels Up for Sale

File Image: a Hanjin Boxship underway (CREDIT: Hanjin)

 Korea Development Bank, the main creditor of the dissolved Hanjin Shipping Co. and state-owned entity, has put 10 Hanjin vessels up for sale in order to source back elements of its extended loans, reports Yonhap.   According to the sources


Global Study into use of Wind, Solar Power on Ships

EnergySail Test Station Photo Eco Marine Power

In co-operation with several shipping companies and technology partners, Eco Marine Power (EMP)has begun a detailed study focused on the practical applications of its patented EnergySail and Aquarius MRE technologies. The study will cover the engineering aspects of installing an EnergySail or


Wilhelmsen Reports Positive Results

Photo: Wilh. Wilhelmsen ASA

 2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter.   Adjusted for non-recurring items, WWASA also recorded an uplift in operating profit


Peterson to Develop New Port Cameron

Photo: Peterson

 International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico.   Peterson has signed a teaming partnership agreement with Port Cameron for the development of a


Boxship Firms Sign up with Alibaba

File Image: A CMA CGM boxship condusting cargo operations alongside (CREDIT: Marad)

Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.  


Deurganckdock Around the Clock

 Deurganckdock. Photo: By Antwerp Port Authority

 Trucks coming to load or unload containers in the Deurganck dock in the port of Antwerp will also be able to call at night as of 20 March.    The container terminals MSC PSA European Terminal (MPET) and DP World Antwerp Gateway, both located in the Deurganck dock






 
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