IMO's Facilitation Committee Revised MASS Roadmap
The IMO's Facilitation Committee held its 48th session (FAL 48) from April 8 to 12, in person at IMO Headquarters in London.The Facilitation Committee (FAL) meets annually to deal with matters related to the facilitation of international maritime traffic, including the arrival, stay and departure of ships, persons and cargo from ports. The Committee also addresses electronic business and aims to ensure that the right balance is struck between regulation and the facilitation of international maritime trade.
Northern Powerhouse Partnership Meet at Liverpool
Peel Ports has hosted the inaugural meeting of the Northern Powerhouse partnership at the Port of Liverpool today (8 December). The initiative is creating a new network to help grow the Northern economy and aims to champion the areaâs strengths and promote local developments. Topics at the first meeting included transport and connectivity, the governmentâs industrial strategy, quality of life improvements and how partners can work together to support the Northern Powerhouse programme. The event was attended by over 40 leading businesses, including Atkins, Barclays, Deloitte, Drax, Siemens and Vodafone, as well as universities, local enterprise partnerships and business organisations.
Port of LA and GE Transportation to Digitize Shipping
The Port of Los Angeles and GE Transportation are partnering to digitize maritime shipping to help goods reach consumers faster. First-of-its-kind port information portal delivers fast, data-driven insights to enhance maritime supply chain performance and better serve ultra-large container vessels. With consumer spending on the rise, U.S. businesses need greater reliability and visibility from the supply chain to maintain their edge in an increasingly competitive marketplace. Given that 90 percent of global trade moves on the ocean, seaports are critical nodes of the supply chain. However, todayâs major ports face the growing challengeâŚ
Port of Long Beach Uses Education to Boost its Competitiveness
The Port of Long Beach said it has not lost sight of the significance of professional development in supporting the Portâs decade-long, $4 billion investment in upgrades and efficiency improvements. The portâs commitment to boosting its competitiveness in the long term extends beyond rebuilding and replacing outdated facilities and infrastructure, to ensuring its human resources are prepared to help build the port of the future. âHaving a full understanding of all the operationsâŚ
DW Publishes New FLNG Market Forecast
Floating LNG market poised for increased investment and activity, report finds. Douglas-Westwood (DW) forecast total expenditure of $64.4bn from 2014-2020 in its new FLNG market report. Two-thirds of this spend is attributed to liquefaction infrastructure, while the remaining is from import and regasification facilities. The previous seven-year period saw minimal investment in floating liquefaction infrastructure, however, with the introduction of floating LNG vessels, global FLNG Capex is expected to experience significant increase over the next seven years.
Seafaring Tradition Perhaps Key to DP World's Growth
At DP World's annual gala dinner the chairman noted the company's success was rooted in UAE's rich maritime tradition. The UAEâs rich sea-faring tradition supported and drove DP Worldâs rise from a local port operator to today being third largest marine terminal operator globally, said Chairman H.E. Sultan Ahmed Bin Sulayem addressing the recent Annual Grand Gala Dinner of DP World, UAE Region. Addressing the event held under the theme âDreams of the Seaâ, the title of DP Worldâs interactive project that narrates the maritime history of this land, Chairman Sultan Ahmed Bin Sulayem said: âDubaiâs transformation into the trading hub of the region was driven by the visionary investments our leadership made in the infrastructure sector, especially its ports.
