ClearMetal to help Solve Container Shipping Problem
ClearMetal, a predictive logistics company, closed a $3 million seed financing round from leading global investors— NEA, Skyview, and Schmidt’s Innovation Endeavors. ClearMetal will use the investment to bring predictive intelligence to container shipping, something the company claims is a groundbreaking approach to solving a multi-billion dollar shipping logistics problem. “It’s the age-old issue that continues to plague the shipping industry: Carriers struggle to get the right asset to the right place at the right time,” said Chetan Puttagunta, Partner at NEA. “The industry now has the needed IT and data infrastructure in place—opening the doors for ClearMetal to apply an innovative, data-driven approach to address the global trade problem.
Israeli to Block Gaza flotilla Boat
The Israeli military is monitoring a blockade-busting flotilla on its way to the Gaza Strip and is preparing to block it if need be, Channel 2 news reported. The convoy, consisting of several small vessels, was expected to sail from Greece to Gaza in the coming days, carrying humanitarian supplies for the Hamas-controlled enclave. The Marianne of Gothenburg, which departed on Friday for Greece, is part of Freedom Flotilla III, according to Ship to Gaza Sweden. The boat, which was purchased jointly by the Ship to Gaza Sweden and Ship to Gaza Norway, is carrying solar panels and medical equipment, according to Ship to Gaza Sweden, along with five crew members and several passengers.
The BOPstopper, by American Int’l Industries
American International Industries, Inc. announced that Subsea Oil Technologies, Inc., 50% owned by AMIN, has been assigned U.S. patent application number 12/822,324 entitled "Method and Apparatus for Containing an Undersea Oil and/or Gas Spill Caused by a Defective Blowout Preventer (BOP)," filed on June 24, 2010. The prosecution of the patent application at the United States Patent and Trademark Office (USPTO) has been entrusted to the law firm of Volpe and Koenig, P.C., which is located in Philadelphia, Pennsylvania. Mr. Dror stated, "We believe that the invention disclosed by this patent application (the "BOPstopper") is one of the first to be filed at the USPTO to specifically present possible solutions to contain oil and/or gas spills…
