If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.Before July 2020, Austria-based MediaShop’s deputy supply chain director says he would discover problems in his supply chain only when containers failed to arrive in Hamburg as scheduled.
Lockport, La.-based Bollinger Shipyards has acquired Gulf Island Fabrication’s shipyard facilities in nearby Houma for approximately $28.6 million.The purchased site encompasses 437 acres on the west bank of the Houma Navigation Canal, of which 283 acres is unimproved land that is available for expansion.
US-based seabed survey and ocean exploration company Ocean Infinity on Tuesday said it had agreed to acquire the Sweden-based subsea survey firm MMT."Ocean Infinity and MMT are excited to announce an acquisition that brings together MMT’s deep expertise and established track record as a distinguished marine survey and data analytics provider and Ocean Infinity’s best-in-class robotic technology
After a turbulent year, low demand looks set to plague the market in the coming months combined with too many ships fighting for too few cargoes in both the crude oil and oil product segments, says the oil tanker shipping overview and outlook released today by BIMCO.Demand drivers and freight ratesThe realities of the pandemic are setting in for the tanker market.
The Michelin Group said it signed a deal with French startup NEOLINE to transport its tires across the Atlantic aboard sailing cargo ships. The move aims to reduce CO2 emissions from the manufacturer's logistics operations.The partners expect to begin containerized tire shipments aboard NEOLINE's "wind-powered" vessels on a pilot line from Halifax (Canada) to Saint-Nazaire - Montoir de Bretagne
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Tuesday authorized the construction of two additional National Security Multi-Mission Vessels (NSMV), marking a key milestone for one of America's most high-profile shipbuilding programs.The new vessels will replace aging training ships at Maine Maritime Academy in Castine, Maine
Nashville-based Ingram Barge Company announced Tuesday that its wholly-owned subsidiary Houston Fleeting Services has reached a deal to acquire the business assets Houston-based Cheryl K and San Jacinto River Fleet. According to Ingram Barge, the purchase allows it to expand its footprint into the Houston area and along the Texas Gulf Coast while simultaneously growing its logistics
Container shipping group CMA CGM said on Monday it is dealing with a cyber attack impacting its peripheral servers.The attack did not concern the systems of its subsidiary CEVA Logistics, it added in a statement.CMA CGM said external access to its IT applications was made unavailable to prevent the malware from spreading while its IT teams work to resolve the incident.
Norwegian oil company Equinor has successfully sent a drone carrying a 3D-printed cargo from shore to an offshore production platform in the North Sea in what the company says is a world's first.In a flight spanning around 80 kilometers from the Mongstad base onshore to the Troll field in the North Sea offshore Norway, the drone carried a 3D-printed part for the lifeboat system.
Mining the ocean floor for submerged minerals is a little-known, experimental industry. But soon it will take place on the deep seabed, which belongs to everyone, according to international law.Seabed mining for valuable materials like copper, zinc and lithium already takes place within countries’ marine territories.
Global port operator DP World recorded a fall of 8.8% in second quarter container volumes, warning on Monday the outlook remained uncertain.The coronavirus pandemic shut cities and factories worldwide for months, disrupting shipments and global supply chains, while some cities are now reintroducing curbs after a recent rise in infections.
As I wrote in last month’s Training Tips for Ships, “If you do not measure it, you cannot manage it. This is especially true with training because the inputs (the training provided) are often far removed in time and apparent direct causality from the key output (performance). Therefore, it is important that we measure everywhere we can”.