Socgen Joins SEA\LNG
French multinational banking and financial services company Societe Generale (Socgen) has joined SEA\LNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEA\LNG. Joining a growing band of industry leaders from across the LNG value chain, Societe Generale brings an essential financial perspective to the group which aims to accelerate the uptake of LNG as a marine fuel. Paul Taylor, Global Head of Shipping Finance…
Port of LA Sets New Record with 2017 Container Throughput
The Port of Los Angeles moved more cargo in 2017 than in any time in the Port’s 110-year history, racking up 9,343,192 Twenty-Foot Equivalent Units (TEUs), a 5.5 percent increase over 2016’s record-breaking year. It’s the most cargo moved annually by a Western Hemisphere port. “We are powering Los Angeles’ economy to new heights every year, because we know that lasting prosperity means investing boldly in jobs, opportunity, and growth,” said Los Angeles Mayor Eric Garcetti. “The…
Transas Conference to Plot Industry’s New Course
Moving from smart talk to practical solutions and learning from other industries will be the twin themes of an industry event scheduled for Vancouver in March. Technology will be an enabler, but the maritime industry will have to be prepared to change its model to be a candidate for a smarter digital future. Meeting the real enterprise challenges blocking shipping’s digital journey is the focus for the Transas Global Conference 2018, whose ‘Enterprise Change’ agenda brings together global business leaders…
Cargotec Defines Sustainability Targets for 2018
Cargotec Corporation's Extended Executive Board has set the company sustainability targets for 2018. The targets support Cargotec's strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the global leader in intelligent cargo handling. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.
DP World, India’s NIIF to Create USD 3 bln Investment Platform
The National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund, and Dubai-based ports operator DP World have announced the creation of an investment platform to invest up to $3 billion in ports, terminals, transportation and logistics businesses in India. The partnership follows the Memorandum of Understanding (MoU) signed in May 2017 and the visit to India of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, in February 2016.
New Chains Replace Steel for Lashing Cargo
Industrial chains for handling heavy loads are being produced for the first time from DSM’s ultrahigh molecular weight polyethylene (UHMwPE) fiber, branded as Dyneema. DSM Dyneema has formed a strategic partnership with Load Solutions AS in Bergen, Norway, for development, manufacturing, sales and marketing of link chains made with Dyneema fiber. The chains, branded as TYCAN, are fabricated from webbings and have numerous economic, environmental and safety advantages over traditional chains that for centuries have been made in iron and steel.
CMP Global Rebrands Marine Chains
To better reflect the strength and diversity of its chain products, CMP Global has rebranded it as Titan Marine Chain. Known for their strength and power, Titans were a centerpiece of Greek creation myths. CMP Global has also expanded the product line with stainless steel chain. CMP offers a range of windlass, anchor, mooring and general purpose chain, all proof-tested and calibrated to exacting standards. Titan Marine chain is embossed with the CMP stamp, which ensures it meets or exceeds certification requirements. It is the only chain on the market with such quality assurance measures. The company's new 316L stainless steel chain is calibrated for windlass use. Manufactured in an ISO-9001 quality-assured facility, it's available in 6mm and 8mm links, with more sizes available soon.
USC, Ports Partner to Improve Supply Chain Technology
A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker on October 14 at the University Park campus. “Through this new partnership, we hope to encourage ports around the country to increase efficiency by adopting new technologies that will provide more information on the flow of goods to port users and stakeholders,” said Secretary Pritzker.
CEVA Opens European Center of Logistics Excellence
CEVA Logistics, a leading global supply chain management company, today announced the opening of its first Center of Logistics Excellence in Europe. Situated in Ashby de la Zouch, United Kingdom, the opening marks CEVA’s third Center following the launch of Centers in Jacksonville and Singapore. The Centers demonstrate ‘real world’ logistics innovation through supply chain optimization and enhanced visibility, integrated services and technology solutions to power supply chain efficiency.
Georgia Ports Participate in C-TPAT
U.S. Sen. U.S. Customs Trade Partnership Against Terrorism (C-TPAT) program. organizations involved in global commerce. C-TPAT program," said Chambliss. strengthening their supply chains. federal regulatory agencies," said Doug J. Director. relationships that strengthen overall supply chain and border security. level of security be provided," said Marchand. Chambliss added. community. Manifest Procedures, and Conveyance Security. · Submit a supply chain security profile questionnaire to Customs. supply chain in accordance with C-TPAT guidelines. companies. war against terrorism," said Chambliss.
APL Outlines Supply Chain Security Plan
On July 7, a supply chain security expert from global container carrier APL outlined practical steps that would help achieve an improvement in the safety of international trade at the Asia Pacific Economic Cooperation (APEC) Symposium. 5. Development of long-term security technology solutions through the collaboration of supply chain stakeholders. According to Agron, the public sector’s primary responsibility was to protect its citizens. However, the private sector owns and operates much of the supply chain infrastructure that could fall prey to terrorist attack. Agron pointed out that a balance must be struck between the need to secure the supply chain without bringing global trade to a halt.
Global Supply Chain Security
In this timely work, James Giermanski describes the advent and subsequent development of security operations in the global supply chain, outlining the respective contributions of governmental and nongovernmental stakeholders to this worldwide concern. Global Supply Chain Security explores the potential impact of port-related catastrophic events in the United States and their effects worldwide, concentrating, in particular, on the United States’ contribution to global container security. Offering insights on deficiencies in U.S.
GMATS Announces New Curriculum
GMATS to expand global supply chain and maritime security curriculum. As a foundation of the Global Maritime and Transportation School's expanding Global Supply Chain and Cargo Security curriculum, the Fundamentals of Importing and Exporting is an essential two-day course that will give the student a basic understanding of importing into and exporting out of the United States. This course is designed to provide an awareness of the many regulations, laws, processes, and principles involved in global trade, and from the perspective of the United States.
C-TPAT Draws Positive Industry Response
A panel of National Security experts released a report concluding that the United States seaports, among other things, are still vulnerable to a major terrorist attack. While this may be true, since over 200 million containers move through top American seaports annually and only a small number of ships and containers are actually inspected, the industry seems to be responding positively to the war on terrorism. Over 750 importers and transportation providers (Ocean, air, and rail) have signed up for the U.S. Customs Trade Partnership against Terrorism (C-TPAT) and over half of the 20 mega-ports have signed up for U.S. Custom's Container Security Initiative (CSI).
Port of Tacoma Submits Application for C-TPAT
application to become a member of the U.S. Partnership Against Terrorism) program. manufacturers. operators and port authorities. According to Timothy J. Director, U.S. the United States to enlist industry support in securing U.S. commerce. terrorist purposes. Farrell explained. cargoes from the point of origin to delivery," he said.
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.
PSA, PIL, IBM on Blockchain Development
Ocean carrier Pacific International Lines (PIL), terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance. Three companies signed a Memorandum of Understanding (MOU) today to explore and trial proof of concept (POC) blockchain-based supply chain business network innovations. The MOU was signed by Ms Lisa Teo, Executive Director (Corporate Development) of PIL; Mr Oh Bee Lock…
MacGregor Launches Compact Pusnes RamWindlass
MacGregor, part of Cargotec, continues to add to its market-leading Pusnes product range and its latest introduction is a Pusnes RamWindlass. The new windlass is based on a chain-jack design and employs similar technology used in MacGregor's successful range of Pusnes RamWinches. "The Pusnes RamWinch is well known in the industry for its compact size and low weight. It can be found on most of the spar platforms in the Gulf of Mexico and also on several other types of floating production units," says Torbjörn Rokstad, Director, MacGregor Pusnes Mooring Systems.
UAE to Generate 9.4 Billion by 2014
UAE to generate logistics revenues in excess of USD 9.4 billion by 2014 to lead growth of regional logistics and supply chain sector. Barloworld Logistics, a provider of logistics and supply chain management solutions, recently revealed its strategic growth plans for 2013, focusing on growth opportunities in key Middle East markets such as the UAE, which is projected to generate logistics revenues in excess of USD 9.4 billion by 2014. Barloworld has pointed out that the UAE remains…
Awards for Best Supply Chain Performance – Entrants Invited
“The Alliance will profile shippers and their alliance partners who have successfully and dynamically collaborated to drive supply chain excellence,” said Sarah Harding, group publisher, World Trade 100. To evaluate the entries, a panel of judges will examine the role of each of the partners and the contributions their individual and collective efforts have made to solving a supply chain problem or driving change and continuous improvement in a supply chain. “Judges Perry A. Trunick, World Trade 100; John Rader, Red Rock Consulting; Mike Brown, Brainzooming; David Ross, Stifel Nicolaus; Michael Mikitka, Warehousing Education & Research Council; Kevin Huntsman, Mastio; and John Manners-Bell, Transport Intelligence will evaluate submissions in each category on metrics and results.
POLB Named Best in N. America
The Port of Long Beach earned “Best Seaport in North America” honors at the 2013 Asian Freight and Supply Chain Awards in Beijing. The 2013 Asian Freight and Supply Chain Awards recently hosted in Beijing by the Cargonews Asia shipping trade publication, witnessed the 16th win in the past 18 years for Long Beach. The award recognizes the best ports as judged by importers, exporters, and logistics and supply chain professionals. "We deeply appreciate this recognition, which comes from members of the supply chain industry,” said Port of Long Beach Executive Director J. Christopher Lytle. "We will continue to work hard to improve our Port from top to bottom, from terminals, channels and bridges to customer service.
LLamasoft and Drewry Announce Partnership
Drewry’s Global Ocean Container and Air Freight Rate Benchmarks Available to LLamasoft Customers for Use in Supply Chain Modeling. LLamasoft, a global leader in supply chain design software solutions, and Drewry Maritime Research, the leading provider of freight rate benchmarking today announce a partnership to make Drewry’s global ocean container and air freight rate benchmarks available to LLamasoft customers for use in supply chain design. LLamasoft will resell Drewry’s Container Freight Insight (CFRI) and Sea & Air Shipper Insight (SASI) benchmarking products as part of the new LLamasoft Data Services offering. Drewry publishes container…
NASSTRAC Sets Agenda for 2013 Conference Expo
The National Shippers Strategic Transportation Council, NASSTRAC, announces agenda for 2013 Shippers Conference & Transportation Expo. This event, which is developed specifically for the education and networking needs of transportation and supply chain executives with manufacturers, retailers, wholesalers and distributors, will take place April 21-24, 2013 at the Rosen Shingle Creek Resort in Orlando. This year's conference will feature more than 25 educational sessions that cover relevant topics on transportation that range from economic freight indicators and perspectives of carrier challenges from CEOs in all modes to advocacy issues such as hours of service and CSA.