As the price of oil remains in the high-$40, low-$50 range, every cog in the oil industry is scrambling to reduce costs and streamline sales.
The Singaporean branch of IBM will now explore and trial proof of concept (PoC) blockchain-based supply chain business network innovations with PIL and PSA to achieve better security, efficiency, and transparency in regional supply chain business networks.
Harman’s pro audio UK distributor Sound Technology has started shipping the JBL new monitor management system to customers in the UK and Ireland.
End of July 2017, Hapag-Lloyd received an additional state-of-the-art 15,000 TEU vessel. The “AFIF” was handed over to Hapag-Lloyd’s Ship Management by Hyundai Samho Heavy Industries (HSHI) in South Korea.
Banyan Technology, the pioneer and leader in live carrier connectivity, today announced increased multi-modal capabilities in the Banyan platform. This expanded functionality, combined with the industry's largest LTL (less-than-truckload) network, establishes an unprecedented, single-platform solution for all modes of shipping, including parcel, LTL, volume, and full truckload.
The new International Association of Classification Societies (IACS) Chairman, Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, announced a series of initiatives designed to foster modernization and pave the way for autonomous shipping.
Wärtsilä has partnered with US-based vessel operator Gulfmark Offshore to test a remote-control ship operation capability on an offshore vessel off the North Sea coast of Scotland.
The Industry Technology Facilitator (ITF) boasts a growing and diverse group of prominent industry players dedicated to working together to solve complex technical challenges in the oil and gas sector. Premier Oil, which has been a member since 2011, is extending its membership to the organization by three years.
Airbus Defence and Space has partnered with the CSO Alliance, a maritime community of Company Security Officers (CSOs), to build a secure online reporting platform to help counter maritime crime on a global scale.