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Digitalization

Second maritime navigation support centre opens in Izmir

A new maritime traffic and navigation support centre was launched in Izmir, Turkey, aiming to allow local authorities to monitor maritime traffic

West Africa to Promote Electronic Data Exchange for Vessels

Ships and ports will need to be able to exchange arrival and departure data electronically from April 2019

NYK to pay its crewmembers in digital currency

Japan's largest shipping line by sales, Nippon Yusen K.K., is moving towards building an innovative system by launching its own digital currency for seafarers.

NYK Looks to FinTech to Realize Cashless Ships

As a part of the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” NYK is currently considering the establishment of a new network

SHI Receives AiP From LR For INTELLIMAN Smart Ship Solution

LR has presented Samsung Heavy Industries Co., Ltd. (SHI) with approval in principle (AiP) for its smart ship solution: INTELLIMAN SHIP.

Cosco, Navis launch digital Center of Excellence

Navis collaborated with Cosco Shipping Ports Limited (CSP) to create a joint Center of Excellence (CoE).

Maersk, IBM face problems with blockchain project

Maersk and IBM are reportedly struggling with their blockchain platform, TradeLens, as besides them, only one other carrier has joined in, Pacific International Lines (PIL).

CargoX’s Blockchain Platform Commences Operation

CargoX launched the CargoX platform on Wednesday saying it is the first open, neutral and accessible blockchain platform in the shipping industry. 

Top Ocean Carriers Launch Digital Standards Association

Five of the world's largest ocean carriers intend to create an association to pave the way for "digitalization, standardization and interoperability" in the container shipping industry.

Upstream Digitalization Could Save $75 Billion Annually

Wood Mackenzie indicates the upstream sector could see annual cost savings of $75 billion annually from digitalization by 2023. 

USCG allows tankers to operate certain automatic pilot systems

The US Coast Guard published a Final Rule in the Federal Register, allowing tankers with automatic pilot systems that meet certain international standards to operate using those systems in shipping

Spinning Blockchain, Getting Paid

I will admit to being a little bit puzzled and more than intrigued upon hearing the news over the summer that Diamond Offshore Drilling had launched its Blockchain Drilling Service.

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