Cisco Systems News

Digitalisation is the maritime game changer. This is why the digital transformation will be in focus at SMM DIGITAL, which has been given the leitmotif “Driving The Maritime Transition”. As a purely digital event, SMM DIGITAL will feature conferences with top-ranking panelists discussing current trends in Smart Shipping. International experts will report about the challenges facing the maritime industry, and highlight attractive solutions.Complex contractual relationships, the enormous dimensions of ships and routes…

30 companies and institutional investors have signed up to the United Nations Global Compact (UNGC) Sustainable Ocean Principles committing to take action to secure a healthy and productive ocean.UNGC is a special initiative of the UN Secretary-General, the United Nations Global Compact works with companies everywhere to align their operations and strategies with ten universal principles in the areas of human rights, labor, environment and anti-corruption.The signatories to the principles include the container ship and supply vessel operator A.P. Møller – Mærsk, food and beverage company PepsiCo, and Norges Bank Investment Management, which manages one of the world’s largest funds with over US$ 1 trillion in assets.

Global shipping and offshore oil and gas operations are increasingly dependent on integrated networks, based on various software and data transfer solutions. Systems and equipment onboard are interconnected, monitored and controlled through an onboard automation network. Onboard systems are increasingly also connected ashore to the owners’ or technology providers’ control centers. Equipment manufacturers want to remotely upgrade the software of their systems and monitor their use to be able to optimize operations and to scheduled needed maintenance service.

Hanjin Group opened its creative economy innovation center in Incheon on Wednesday, hoping to develop the city into a distribution hub of Northeast Asia utilizing advanced shipping technologies. As part of the center, Hanjin created a fund worth 159 billion won ($138 million), with about 94 billion won to be used for loans to companies starting smart distribution businesses. President Park Geun-hye, Hanjin Group Chairman and CEO Cho Yang-ho and Incheon Mayor Yoo Jeong-bok attended the opening ceremony, held at the center’s location in Songdo, Incheon. “The government hopes the center will successfully combine Incheon’s excellent distribution…

Held on 23 August 2014, Frost & Sullivan Singapore’s 9th edition of the ‘Frost the Trail’ run saw 165 teams, 95 individuals and over 750 runners gather at the MacRitchie Reservoir Park to run in support of the underprivileged. ‘Frost the Trail’ saw both avid and novice runners hitting the winding trails of MacRitchie in the cool morning air amidst lush greenery. Runners participated in one of two categories – the 5 km team race as well as the 10 km individual race. In total, Frost the Trail Singapore 2014 helped raised more than SGD140k, with 100% of proceeds going directly to this year’s adopted charity, Bright Hill Evergreen Home. Bright Hill Evergreen Home is a 250 bed, accredited, 100 per cent non-profit Nursing Home for the destitute and poor.

CII-Institute of Logistics, as a part of its continuous endeavor in driving excellence and enable in sharing best practices in logistics and supply chain management organized the maiden Supply Chain And Logistics Excellence (SCALE) Awards on 21 & 22 May 2014 at Mumbai. The Award comprised 10 categories in logistics service industry and 4 in user industry. Awards list enclosed. R Dinesh, Chairman, CII Institute of Logistics Advisory Council, Chairman SCALE Awards & JMD, TVS Sons Limited highlighted that “CII believes that this will be a step towards bringing in global standards in logistics and supply chain sector and enable more outsourcing to take place”.

Intelsat S.A., a provider of satellite services, has provided an update on its satellite capacity and other critical connectivities being used in a number of restoration initiatives in the Philippines following Typhoon Haiyan. Immediately after the disaster occurred, Intelsat began working with customers and partners to ensure that the necessary infrastructure and satellite capacity were in place to accelerate the restoration of vital communications for relief workers and businesses in the Philippines.

The maritime industry is at an historic crossroad — and the direction that companies take can determine whether their future is filled with success or failure. Consider this — maritime accounts for 96 percent of all transportation — driving much of the momentum of the world economy. Meeting these global needs has meant that modern maritime has embraced such advances as containerization and intermodalism. Now however, the industry is poised to accept the most dramatic change yet — digital networking and electronic commerce. While this new e-business (electronic business) model represents perhaps the greatest challenge yet faced by the industry, it also offers dramatic opportunities.