Ks Choi News

The U.S. Transportation Department (USDOT) said on Wednesday a supply chain pilot data-sharing project aimed at easing bottlenecks at congested U.S. ports has begun exchanging data and doubled in size.USDOT announced the planned project in March with truckers, shippers, wholesalers, retailers and ports "to develop a digital tool that gives companies information on the condition of a node or region in the supply chain."The effort known as the Freight Logistics Optimization Works (FLOW) program included 18 initial participants including FedEx…

K.S. Choi, President of Hyundai Heavy Industries and Erck Rickmers, Chairman of the Executive Board of the Nordcapital Group, in Ulsan, South Korea. Nordcapital Group and Hyundai Heavy Industries (HHI) have signed contracts for the construction of eight container vessels with a capacity of 13,100 teu. The ships, which are the biggest container vessels ever built by HHI, will be delivered between April 2010 and March 2011 and are still available to the charter market. They represent an order volume of $ 1.4b , the largest single order HHI ever received for commercial ships. The design features latest technological and ecological requirements including environmental passport, an economic main engine fitted for low sulphur fuels, TBT free paint coatings and inboard fuel tanks.