Online Platform News

GTT has signed a Technical Services Agreement (TSA) with the CMA CGM Group for maintenance and operation services for 49 biomethane and e-methane ready LNG-powered container vessels all equipped with GTT's Mark III, Mark III Flex and Recycool technologies.The agreement includes GTT on-site technical assistance for inspection, maintenance, repairs, operations and engineering services. GTT Training will offer its extensive training program for onshore personnel and CMA CGM sea going crew.

Ascenz Marorka, a GTT Group company, announced that it has been granted a Type Approval certification for its ShaPoLi solution by the classification society Bureau Veritas.Designed to help shipowners and operators comply with the International Maritime Organization (IMO) regulations aimed at curbing greenhouse gas emissions and reducing ship carbon intensity by 40% by 2030, the solution monitors propeller shaft power and signals an alert in the wheelhouse if it exceeds the EEXI calculated maximum power. The system logs the periods where the limit was exceeded and enables crew to give comments.

Container xChange's latest annual benchmark study of demurrage and detention charges recently showed that the ports in the U.S have the highest demurrage and detention (D&D) charges among the top 60 ports worldwide. Demurrage and detention tariffs have two main purposes: (1) compensating the shipping line for the use of its container and (2) encouraging the merchant to return the container as soon as possible for the shipping line to re-use it and have a fast turnaround. Demurrage is the charge that one pays for the use of the container within the terminal beyond the free time period.

Kongsberg Digital (KDI) revealed it has entered into a partnership with digital learning and human capital management software specialist Mintra. The contract enables KDI to provide Mintra with its K-Sim Connect simulations as cloud-based subscription applications for use with the Trainingportal learning and competency management system.In addition to accommodating KDI’s cloud-based simulation as a fundamental facet of its own courses, Mintra will be reselling K-Sim Connect subscriptions through its Marketplace, which is an online platform for buying and selling training.

ABB Ability Marine Fleet Intelligence – Advisory combines the power of cloud-based analytics and reporting with user-friendly visualizations to help shipowners, managers and charterers optimize ship performance fleet-wide.ABB Ability Marine Fleet Intelligence – Advisory is offered as a SaaS (Software as a Service), providing a complete overview of all data collected from shipboard systems, enabling a comparison of a a ship’s operational performance with another vessel, with ships built to the same specifications…

Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including from the venture capital arm of shipping giant Maersk, its chief executive said.Founded three years ago in Cairo, Trella operates in Egypt, Saudi Arabia and Pakistan. It is one of several technology firms around the world seeking to upend traditional truck brokerages.Through Trella's online platform, shippers and truckers can directly book freight loads for transport.

For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers.Most pricing and availability indicators now suggest carriers are continuing to favor shipping empties back to Asia as fast as possible to maximize yields on front-haul services rather than wait for less lucrative backhaul loads.The…

Maritime Advisors, Liengaard & Roschmann have published for the third year running its Vesselindex Performance Report, ranking the listed dry bulk companies based on their TCE performance.In a year 2020 which was characterized by a high level of volatility it is noticeable that 17 companies managed to outperform the general market as defined by the Baltic Indices. U.S. listed Pangaea Logistics claims top spot for the third year in a row, competing against 24 other listed Dry Bulk…

USTC has acquired BunkerEx in a move to step up and streamline digitalization activities across USTC companies.BunkerEx caters to digitalization and transparency within logistics and transport, providing accessibility and optimization of online platform for fueling costs.“The acquisition of BunkerEx is a testament to our ambition to digitalize and be at the forefront of innovation and new technologies within the industry. We see great potential in BunkerEx and the team behind it…

Mutual P&I insurer The Standard Club said it has enhanced its data and insight capabilities as part of a two-year upgrade program."We have looked hard at how we can use technology and data to better serve our members, with a particular focus on supporting risk selection and pricing, and on delivering new member services," said Dipo Oyewole, the Standard Club’s Performance and Strategy Director.The data upgrade program has enabled the club to improve its modeling of risk through application of advanced modeling techniques and new data sources, it said.

Brazilian port and maritime logistics operator Wilson Sons is installing internet and camera systems on its tug fleet to allow real-time visualization of operations and maneuvers, including by customers.Closed Circuit TV (CCTV) and Network Cabling project was developed by the company's innovation laboratory Tuglab, in partnership with the IT management of the company’s towage division.In total, 480 cameras and local internet network will be installed. The equipment has already been installed in almost half of the tugboat fleet…

Marcus Cheesman started his maritime training in 1987 at the early age of 13, attending Trinity House Navigation School, the UK’s only Nautical school. Upon graduation he was selected for a deck cadet apprenticeship with P&O Cruises and continued to progress through the ranks with P&O Cruises, Princess Cruises, Holland America Line (including Windstar Cruises) and Disney Cruise Line, ultimately obtaining his Master Mariners license in 2002. He has piloted vessels on the busy River Humber based in his home town Hull…

Engineering X – an international collaboration founded by the Royal Academy of Engineering and Lloyd’s Register Foundation – has awarded nearly £1 million ($1.2 million) in grants to six projects in the U.K. and overseas aimed at tackling the complex social, environmental and engineering challenges of decommissioning ships and offshore structures.From training to improve worker safety in ship recycling facilities in Bangladesh, to assessing the risks of structural failure of decommissioned offshore structures…

Scientists working remotely with Schmidt Ocean Institute (SOI) have completed a first look at deep waters in the Coral Sea, despite the continuing COVID-19 pandemic. As one of the only at-sea science expeditions to continue operations, the team has discovered the deepest living hard corals in Eastern Australian waters, sighted fish in new regions and identified up to 10 new marine species.SOI’s R/V Falkor spent the 46 days in the Coral Sea Marine Park, one of the largest protected areas in the world.

For the second year straight, US-based Pangaea Logistics ranks highest among dry bulk owners based on Time Charter Earnings (TCE), according to a recent market benchmarking report.Notably, the Rhode Island-headquartered shipowner's 53.7% TCE performance is well above Hong Kong's Pacific Basin Shipping Ltd. (24.3%) and Thailand's Thoresen Thai Agencies (23.5%) in second and third place respectively.The Vesselindex Performance Report by Danish maritime advisors Liengaard & Roschmann measures the TCE performance of 25 individual companies in relation to the earning potential of their respective fleets, making sure that no company is neither penalized nor getting an advantage from inferior/superior fleet compositions.

As the health and welfare of seafarers continues to be a point of focus around the world, Maritime Payment Solutions, LLC (d/b/a ShipMoney), a provider of payment solutions for maritime companies, introduced ShipMoney Virtual Cards and the Transfer Marketplace, a pair of services designed to expedite payments to crew members and their families while providing a broad range of remittance options.ShipMoney’s Virtual Card solution uses Visa’s virtual card technology, which enables crew members to immediately access their wages from anywhere in the world while onboard or at home…

The Saudi Arabian logistics and transportation giant Bahri has announced the launch of its ‘iSupplier’ portal, as part of further strengthening its commitment to enhancing the quality of its services and deepening business relationship with key partners.The online platform will serve as a dedicated communication channel between Bahri’s Corporate Procurement and suppliers and contractors, it said.A fast and convenient platform, ‘iSupplier’ will enable Bahri to have easy access to a larger segment of suppliers and contractors in Saudi Arabia’s private sector. Companies in the Kingdom can easily register themselves as a Bahri-certified and approved supplier or contractor through the platform.Upon registration…

German engineering firm Voith has rolled out online platform 'MyVoith' for digital applications and services."MyVoith is a global platform that brings together the company’s digital services and business-related information in one location. The platform offers users personalized access to their applications, services and data from the Voith world," it said in a release.These include industry-specific webshops, asset management solutions and further self-service applications, as well as the Voith IIoT (Industrial Internet of Things) applications and services. Applications from different industries will be available for the global launch…

IHS Markit has announced that its energy price-reporting arm, Oil Price Information Service (OPIS), has signed a strategic agreement for an end-to-end LNG trading solution with GLX, an online platform to transact physical LNG cargoes.OPIS, an internationally-referenced price reporting agency serving the oil, natural gas, chemical, coal and biofuels industries has been a long-trusted industry leader for energy price indices, real-time news and expert analysis across the global fuel supply chain. OPIS was at the forefront in adopting IOSCO Oil Price Reporting standards having completed its first independent audit in 2013, with a global…

International trade is subjected to diverse and wide controls and customs regulations that need to be met to ensure that traded goods are entering and exiting legally.If a delay occurs, the entire plan gets affected. A delay causes increased expenses such as storage costs, fines, and penalties, resulting in additional problems for importers and exporters."This new one-stop-shop allows us to timely and efficiently handle export and import declarations for our customers. The solution provides downstream benefits of full governance and compliance…

The first report of the Ship Recycling Transparency Initiative (SRTI)  clearly indicates that there is a growing movement stepping up the pressure on shipowners to disclose their approaches to ship recycling.Since the SRTI online platform went live just over two months ago eight large shipowners – operating a combined total of more than 1,800 vessels – have voluntarily shared data on their company’s ship recycling policies and practice.All disclosing shipowners have a written policy on ship recycling for their own vessels covering issues related to the environment, labour and human rights in accordance with the Hong Kong Convention.“We’re seeing increasing pressure on shipowners from key stakeholders including investors…

E2open company Avantida, a digital logistics platform, has announced that it will partner with ocean carrier Zim Integrated Shipping Services (ZIM) to offer street turn services in the US.ZIM, the second shipping line to offer this service to US transporters, joins Maersk, who introduced the Avantida platform to the US and Canada last month, said a release from Avantida, the online platform that facilitates services offered by ocean lines to transport and logistic companies for digitally optimised container transport planning.Avantida’s platform facilitates empty container triangulation, or the reuse of an import container for an export booking (street turn).

Hamburg Süd is introducing its future use of Remote Container Management (RCM) with full transparency in real time as well as significantly increased efficiency for refrigerated transport chains.In recent months, all the reefer containers used by Hamburg Süd have been outfitted with RCM technology, said the international logistics service sector.Using satellite and mobile radio technology, RCM makes it possible to monitor the refrigerated container and the condition of the cargo inside it – including its location, temperature profile, relative humidity, and concentrations of oxygen and CO2 – around the clock and in real time. In addition…