Uganda’s Presidential Advisory Committee on Exports and Industrial Development (PACEID) recently announced its partnership with the Technology Associates & CargoX Consortium (TA-CargoX) to develop TradeXchange. TradeXchange is a national trade facilitation platform for exporters expected to be a game-changer for Uganda’s export trade landscape. This partnership is particularly significant when looking at Uganda’s current export statistics. As per the Bank…
Scientists at the University of Victoria and the Niels Bohr Institute at the University of Copenhagen have debunked the myth of rogue waves by using artificial intelligence (AI) to create a predictive model. The researchers used machine learning to identify the elements that lead to the formation of rogue waves using data from over a billion waves and 700 years…
Tideworks Technology®, a full-service provider of comprehensive terminal operating system (TOS) solutions, announced that BNSF Railway (BNSF), one of US largest freight railroad and one of North America’s Class I railroads, has gone live with Tideworks Intermodal Pro® intermodal TOS and Traffic Control™ equipment dispatch system at BNSF’s Memphis facility. Intermodal Pro and Traffic Control will provide BNSF with centralized visibility into…
The US government has decided to invest US$553 million in building a new deep-water container terminal in Sri Lanka’s Port of Colombo. The US International Development Finance Corporation (DFC), America’s development finance institution, will provide the financial support for the development of the West Container Terminal. DFC CEO, Scott Nathan said the new terminal will expand the container capacity…
South Korean feeder operator Namsung Shipping this week launched an Internet of Things (IoT)-based service to monitor and track refrigerated containers. The basic service enables shippers to check the movement of reefers and is targeted at customers with refrigerated cargoes passing through China and Indonesia, due to the vast hinterland in the former and the many islands in the latter.…
Celebrity Cruises has taken the successful delivery of the 141,420 GT Celebrity Ascent, constructed by the Chantiers de l’Atlantique shipyard based in France’s St. Nazaire. Celebrity Ascent, the fourth ship in the line’s Edge Series, is 1,073 feet long with a 128-foot beam, a 27-foot draft, and seating for up to 3,260 guests. The yacht cruises at reported…
That’s the new mantra as advances in technology allow operators to peer behind the curtain. In a business environment thick with environmental concerns, regulatory and compliance issues and economic pressures, the squeeze on vessel operations has never been tighter. Confronted by tight margins and ever-increasing obligations, vessel crews are forced to do much with little. And keeping the vessels…
The Seawing, an automated kite system designed to provide wind-assisted propulsion, has achieved a key milestone in completing its validation testing. Developed by the French company Airseas, it is a unique approach toward the decarbonization of commercial ships using aerospace technology to harness the power of the wind. Based on the latest phase of trials, Airseas is now able…
Hapag Llyod, a leading global shipping company, marks a significant moment in creating the world’s largest smart container fleet by installing its 700,000th tracking device. This digitalization of the fleets will help track the containers, transmit data on a timely basis, and monitor any sudden container activities, making the supply chain more accessible and transparent. “We are proud to be…
An old Japanese military command ship that sank off the Truk atoll’s coast, presently the Chuuk Islands in the Federated States of Micronesia during the Pacific War, was found along with the remains of 4 dead, which were handed to the Ministry of Health, Labor and Welfare. The remains of the people were recovered by divers from 2 Japanese military…