Singapore-based Pacific International Lines (PIL) has completed a blockchain pilot with IBM for an electronic Bill of Lading (e-BL).PIL has used e-BL built on the IBM Blockchain Platform in a real-time pilot tracking shipment of mandarin oranges…
PIL, IBM Complete Blockchain Project Read More »
The government of India has allocated a budgetary support of USD 266mln to shipping sector in the interim budget presented by Interim Finance Minister Piyush Goyal.The government has pitched for development of India’s Blue Economy with the Finance…
India Pitches for Blue Economy Read More »
Europe’s independent ship design and marine engineering consultancy International Contract Engineering (ICE) Group said that it has recently developed a design for an all-electric ferry that can carry 200 passengers and 45 cars.The UK-based…
ICE Designs Electric Ferry Read More »
International Maritime Organization (IMO)’s Global Industry Alliance to Support Low Carbon Shipping (GIA) brought together a wide range of industry stakeholders to discuss how to operationally make “Just-In-Time” (JIT) a global reality.Convening at IM…
GIA Propels Just-In-Time Shipping Read More »
The future outlook of the product tanker market will be determined by the upcoming 2020 sulphur cap, as per the IMO guidelines. In a recent report, shipbroker Banchero Costa said that “the product tanker sector recorded a terrible 2017 and also most of…
2020 Sulphur Cap to Determine Product Tanker Market Outlook Read More »