INTTRA, the world’s leading shipping trade platform, is being acquired by E2open, cloud-based supply chain solutions provider, INTTRA announced yesterday. The combination of the two is expected to create an integrated global supply chain and logistics operating network with access to worldwide ocean container capacity and information. INTTRA was founded back in 2001 as a […]
Tag: shipping
Verified Gross Mass: what we have learnt in 2 years
Two years ago, the International Maritime Organisation (IMO) amended the International Convention for the Safety of Life at Sea (SOLAS) introducing the requirement to verify the gross mass of a full container prior its loading on board the vessel. This measure was implemented to prevent cases of container weight misdeclaration, which leads to incorrect vessel […]
Venta Maersk: first containership passed Northern Sea Route
Maersk Line’s containership Venta Maersk has almost completed her maiden voyage from Vladivostok to St. Petersburg through the Northern Sea Route (NSR). On 22 September the vessel arrived at Bremerhaven, having successfully passed the Arctic Ocean from the Bering Strait to the Norwegian Sea, and now on the way to St. Petersburg passing by Sweden, […]
DP World becomes a shipowner
DP World yesterday announced the acquisition of 100% of the Unifeeder Group for EUR 660 mln from Nordic Capital Fund VIII and certain minority shareholders. Based in Aarhus (Denmark), Unifeeder is the largest European container feeder operator with an extensive shortsea network connecting approximately 100 ports. The deal is subject to regulatory approvals and expected […]
Blockchain-based shipment successfully completed
A shipment of 17 tonnes of almonds has successfully arrived to Hamburg from Sunraysia in Victoria, Australia, as a result of a blockchain-enabled logistics experiment promoted by Commonwealth Bank of Australia (CBA). In the experiment, the world’s second largest almonds producer Olam Orchards Australia Pty Ltd and CBA joined forces with Pacific National for rail haulage, […]
China slashing coal imports, port projects under question
China has approved an extended 3-year programme aimed to decrease the coal consumption in 82 cities by year 2020 by 5-10% as compared to the 2016 level, the Russian business newspaper Vedomosti informs. This may lead to a significant drop in coal prices by 2020-2021. The average coal price in the first 6 months of […]
New connection to bring 30,000 containers to Hull
A brand new service of three sailings a week between Belgium and Hull was announced yesterday by the UK’s leading port operator Associated British Ports (ABP). This service expansion is one of the results of significant investment in the Humber Container Terminals. The new Ghent to Hull connection is expected to bring an extra 30,000 […]
Day ONE. New shipping group starts its operations as planned
Ocean Network Express Pte. Ltd. (ONE) has announced the commencement of container shipping operations on 1 April 2018, which is according to the initial schedule laid out when the company was established on 7 July 2017. ONE is the result of an integration of the container businesses of three Japanese shipping carriers: Kawasaki Kisen Kaisha, […]
Women in shipping
On the 8th of March we celebrate International Women’s Day by appreciating the long path women have gone to advance in society, politics, economics. We honour the powerful, high-achieving women who lead, encourage, inspire. But it is also time to discuss the problems we still face on the way to equal rights and opportunities. Glass […]
Blockshipping ICO: Innovative financing instruments come to shipping
Blockshipping, the Danish start-up aiming to develop the world’s first blockchain-based container registry, announced the start of its ICO (initial coin offering) on 15 April, 2018. During the ICO period the company plans to sell 40,000,000 Container Crypto Coins (CCC), which will serve as dividend tokens, at USD 0.62. Currently, the company invites all interested […]