Bidder for HMM revealed
WorldCargo News
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5M ago
The state-controlled Korea Development Bank and the Korean Ocean Business Corp have announced that the consortium comprising the Harim Group, a South Korean meat processing company that also owns the bulk shipping company Pan Ocean, and JKL Partners, a private equity firm, has been selected as the preferred bidder for their shareholdings in HMM ..read more
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Star Cool ITI 2.0 is brought to market
WorldCargo News
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5M ago
Maersk Container Industry (MCI) has introduced its latest version of its Star Cool Intelligent Trip Inspection (ITI) automated system. It will further cut the time and resources needed for manual pre-trip inspections (PTI) of reefer containers. PTIs are essential in ensuring the functionality and safety of reefer containers before they are loaded with cargo, but they are costly and take time ..read more
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Poorer profits and worsening service levels expected from lines in 2024
WorldCargo News
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5M ago
At least that is the prediction of Philip Damas, managing director of Drewry Shipping Consultants and head of the maritime research company’s Supply Chain Advisors practice ..read more
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Voice driven terminal automation
WorldCargo News
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5M ago
A project being undertaken in the Port of Alicante in Spain by Momentum Advanced Port Services SL (Mitsui-Paceco Group) and AI specialist 1MillionBot could revolutionise terminal automation ..read more
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ILWU seeks bankruptcy protection
WorldCargo News
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6M ago
The International Longshore and Warehouse Union (ILWU), which represents dockworkers working on the Pacific seaboard of the US and Canada, has filed for Chapter 11 bankruptcy protection ..read more
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Hoyer reorganises and invests
WorldCargo News
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6M ago
The Hamburg-based Hoyer Group, one of the world’s largest operators of tank containers and other equipment for transporting liquids, is to invest over €100M in assets, digitalisation programmes and infrastructure ..read more
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CakeBoxx/Serco tackle batteries
WorldCargo News
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6M ago
CakeBoxx Technologies and Serco have formed a technical alliance that is focused on better understanding thermal runaway when transporting lithiumion batteries on ships and aircraft ..read more
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Fremantle port move revitalised
WorldCargo News
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6M ago
The port of Fremantle in western Australia has little room to expand as a result of the area’s local topography. The land near the port is also highly valuable and, therefore, more attractive to real estate development ..read more
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TEDIVO introduces a Vessel Designer and companion Vessel Library in the cloud
WorldCargo News
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9M ago
TEDIVO LLC, developer of the popular BAPLIE Viewer Online tool, is launching an all-new software-as-a-service product for creating vessel definitions and an accompanying Vessel Library ..read more
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AI enables ‘ground truth’ in real time
WorldCargo News
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9M ago
Atai is an applied Artificial Intelligence (AI) company based in Hyderabad, India, with offices in the Netherlands, Germany and the US. It has developed AI solutions for streamlining business processes by combining AI algorithms with sensors and wireless technology to capture and process data in a range of applications, including ports and logistics ..read more
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