Marseille Port Completes Blockchain Trial
The Port of Marseille Fos (Grand Port Maritime de Marseille; GPMM) has just completed a blockchain pilot scheme to enhanced efficiencies at France’s largest seaport.The focus of the project for freight transportation on the Mediterranean-Rhone-Saone (MeRS) corridor is to run a trial to evaluate the security of the digital transport chain. It will involve applying blockchain technology to supply chain logistics and freight forwarding, particularly where goods are transported in…
Inland Container on Vessel Logistics Advance
Missouri Port Authorities Team Up To Advance Plan For Statewide Initiative That Focuses On Innovative Inland Waterway Container-On-Vessel Freight Service.Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway vessel could play in moving larger volumes of goods and commodities along both the Mississippi River and Missouri River and their tributaries.
India Develops 111 Inland Waterways
The government of India has informed that 111 waterways are being developed in phased manner as National Waterways (NWs) in the country for the purpose of shipping and navigation.The Minister of State for Shipping Mansukh Mandaviya that various initiatives have been taken by the Government to increase the use of Inland Waterways and Coastal Shipping for greater cargo shipment.These include providing assured depth of water in the channels, navigation aids like GPS and River Information System…
Intermodal Freight Market to Grow 7.5%
Global intermodal freight transportation Industry is estimated to grow at a CAGR of 7.5% from 2018 to 2025 to reach USD 72.51 Billion.Last year (2018), the intermodal freight transportation Industry was valued at USD 43.70 Billion, said a report from the Global Reports Store. Intermodal Freight transportation consist two modes of freight including rail and truck which is used in applications such as containerization of freight and passenger transportation.The intermodal process usually begins with a container moved by a truck to a rail…
Matson Installs Six Scrubbers
The U.S.-based provider of ocean freight transportation services Matson has begun the installation exhaust gas cleaning systems (scrubbers) on six vessels deployed in its Hawaii and China-Long Beach Express services.The scrubbers installation is part of its strategy to reduce fleet emissions in line with new worldwide regulations established by the International Maritime Organization (IMO) that take effect on January 1, 2020. Three of the vessels will receive the new equipment…
Washington Maritime Industry Worth $6.12bln
According to the findings of a new report conducted by PricewaterhouseCoopers (PwC) on behalf of Transportation Institute (TI), the domestic maritime industry in Washington ranks sixth among all American states for jobs and labor income relating to the Jones Act.The industry employs more than 22,500 individuals, produces $6.12 billion for the local economy, and generates more than $1.5 billion in worker income.Regionally, the same study shows that the domestic maritime industry employs over 37…
INLAND FINANCE: But I Don’t Need That Much
When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah. It is not unusual to see the traffic on this highway heavily congested, even at a standstill at times. This congested traffic usually includes many tractor-trailer trucks.
New Vessel to Pep Up FRS Service
Förde Reederei Seetouristik (Fast Reliable Seaways) or FRS, a German transportation company specialising in passenger ferry and freight transportation, will introduce a faster and higher capacity vessel to the Melilla – Motril route.The ro-pax ferry Golden Bridge will start operations on the line next May, said a press note from FRS.This vessel, with an overall length of 186 metres and beam of up to 24 metres, can make the Melilla -Motril crossing in 5 hours, meaning a reduction…
EPIK, Hyundai Join for FSRU Projects
South Korea-based liquefied natural gas (LNG) floating storage and regasification unit (FSRU) project development company EPIK Co. has signed a strategic partnership agreement with Hyundai LNG Shipping, the marine freight transportation services for LNG."The agreement lays out a framework for the two companies to work together in the development of FSRU projects around the globe, including, but not limited to, EPIK’s recently announced Newcastle LNG FSRU import project at the Port of Newcastle…
Maritime Rule Change Stirs Fears of Diesel Shortage: Kemp
The International Maritime Organization (IMO) has so far resisted pressure to soften or postpone the implementation of new regulations requiring ships to use bunker fuels with a lower sulphur content from the start of 2020.That has prompted warnings from some analysts that the regulations will squeeze the availability of low-sulphur diesel and jet kerosene required by trucks, trains, aircraft, farmers and industry, resulting in big price increases.The regulations and any associated rise in fuel prices will occur in the run up to the next U.S.
Kalmar Bags Chinese Reachstacker Order
Kalmar, part of Cargotec, has received an order from China Railway Ürümqi Group Co., Ltd. to supply a total of 10 reachstackers. This order has been booked into Cargotec's second quarter 2018 order intake, with delivery scheduled to take place in the third quarter of 2018. The Ürümqi Railway Bureau is located in the core economic zone of the One Belt and One Road initiative and its railway line is the key connecting bridge for the new economic trade link between Asia and Europe.
EBDG Designs Landing Craft that Services San Juan Islands
Over the last 30 years, Elliott Bay Design Group (EBDG) has been involved in numerous waterfront projects including the design of ferries, barges and tugs. Although its history is rich with traditional vessel designs, occasionally the firm is involved in more unique projects, one of them being the design of a purpose-built landing craft for San Juan Ferry & Barge.EBDG partnered with Latitude Marine Services (LMS) to update the design of a current landing craft operated by San Juan Ferry & Barge, designed by EBDG and built by LMS.
MarAd Awards $4.8 Mln for Marine Highway Projects
Nearly $5 million in grant funding awarded this week will help enhance existing marine highways serving ports in Louisiana, Virginia, New York and Connecticut, and support the development of new container-on-barge services in Kentucky and Rhode Island.On Wednesday, U.S. Department of Transportation Secretary Elaine L. Chao announced $4,872,000 in grants for six projects through the Maritime Administration’s (MARAD) Marine Highway program, works with public and private stakeholders to support the expanded use of navigable waterways to relieve landside congestion…
Digital Transformation of Maritime Freight to Reach USD 205bln by 2023
New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing approaches that will significantly reduce or eliminate non-value-added activities. Over the next five years, maritime suppliers across the value chain will increasingly adopt solutions to address security, overcapacity and accurate cost models, according to new research from ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.
Panama Canal Nominated as Finalist for Lloyd’s List’s Environment Award
Panama Canal was honored as a nominee for the 2018 Lloyd's List Americas Awards' Environment Award in recognition of its pioneering Green Connection Environmental Recognition Program and related initiatives. Representatives from the Panama Canal Authority were among a series of key maritime figures celebrated at the gala event last night in Houston, Texas. The Environment Award, presented by London-based maritime industry publication Lloyd's List, acknowledges exceptional programs working to reduce pollution in the marine environment caused by maritime sources.
Tim Bush Promoted to Crowley VP, Deputy General Counsel
Crowley Maritime Corp. has announced that Tim Bush has been promoted to vice president and deputy general counsel. In his new position, Bush will help support the company’s growth as a provider of solutions for the U.S. government and various public-sector agencies. He will be based in Houston and report to Michael Roberts, senior vice president and general counsel. “Tim is an outstanding lawyer, and adds a great deal of value to the Crowley team,” Roberts said. Bush will continue to serve as Crowley’s lead attorney on several large projects for the U.S government…
DP World Sets Its Sights on Hyperloop Cargo Shipping
Dubai-based port operator DP World has partnered with Sir Richard Branson’s Virgin Hyperloop One to create a new venture that aims to provide hyperloop-enabled cargo systems.DP World and the U.S.-based Virgin Hyperloop One introduced their vision for “the future of on-demand freight transportation” at an event on April 29 at the historic vessel Queen Elizabeth 2.The joint venture, called DP World Cargospeed, will set out to be the world’s first to ship cargo with hyperloop technology.
Ports of Indiana: Building on Success
The Ports of Indiana is a statewide port authority, established in 1963, which operates three ports: two on the Ohio River, one on Lake Michigan. Port officials refer to the three as “America’s Premier Inland Port System.” They cite location, location, location, providing access via two critical freight arteries – the Great Lakes and the Inland Waterway System and proximity to the world’s most productive industrial and agricultural regions. The Ports is the only statewide port authority in the Midwest.
Fast-growing Global Trade Boosts Fuel Demand
Freight movements in the United States and around the rest of the world are growing at some of the fastest rates this decade, which should provide a big boost for diesel consumption in 2018. In the United States, the volume of freight moved by road, rail, pipeline, barge and air between September and November was around 6 percent higher than in the same period a year earlier. Freight volumes are growing at some of the fastest rates since 2011, according to the freight transportation services index compiled by the U.S. Bureau of Transportation Statistics (http://tmsnrt.rs/2DB9aLY).
Crowley Restructures Business Units
Crowley Maritime Corporation announced it has restructured its business units as the company aims to increase its focus on government-related business and better align vessel operations and fuel distribution services. Over the coming months, the 125-year-old company will transition its non-liner and logistics business units into three main service lines: Crowley Shipping, Crowley Fuels and Crowley Solutions. “This plan facilitates a pivot towards growing the company’s government portfolio of work…
Crowley in Command
Tom Crowley has become the face of the U.S. maritime industry, steadily building his transport and logistics company into a formidable goliath. From Jones Act waivers to emerging emissions technology to the devastation of Hurricane Maria on Puerto Rico, Crowley weighs in on the pressing matters of maritime with refreshing candor. The last time we caught up with Tom Crowley two years ago at this headquarters in Jacksonville, Fla., we were handed a safety bulletin and Tom Crowley himself came down to the lobby to greet us.
Bahri Rolls Out BahriBunge Dry Bulk
Following the announcement of the joint venture agreement by Bahri, a global leader in transportation and logistics, and Koninklijke Bunge, a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, the two companies recently inaugurated the offices of BahriBunge Dry Bulk Ltd. in Dubai, UAE. In celebration of the occasion and reveal of the new company’s logo, Mr. Abdulrahman M. Al-Mofadhi, Chairman of Bahri hosted a special ceremony at Burj Al Arab in the presence of several Bahri board members…
Transportation Electrification Arrives at the Waterfront
Transportation electrification (TE) is starting to impact California like no other state, maybe unlike any other place in the world. Essentially, and eventually, TE depends on replacing gasoline and diesel engines with renewably generated electric power. This could include just about every car, truck, fork lift, drayage vehicle, train and ship in California. For the freight industry, including the maritime sector, TE presents complex challenges. In recent months, CA has started wrestling with “heavy-duty” freight transportation electrification.