Maritime

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Lower growth rates in the short to medium term in the global shipping industry is expected next year, according to an analysis of maritime consultancy company Drewry. “The world has restocked and normal growth patterns are once again reasserting themselves, but for next year we believe there will be a…

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Chinese crane manufacturer Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) said it plans to focus on the automation of container terminals as more Asian port operators eye using smart technology in their businesses. ZPMC provides turnkey solutions from planning, simulation and logistics to operation and maintenance. In the recently conducted…

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Alawmaker on Thursday sought the passage of the Magna Carta of Seafarers Act to promote the protection and welfare of about 400,000 Filipino mariners worldwide. According to Sen. Joel Villanueva, the measure’s passage would further recognize Filipinos’ contributions to the global maritime industry. The bill aims to institute mechanisms to…

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Shipping companies recognize the importance of seafarers in the sustainability and success of their business, so in order to attract top-quality and competent seafarers, they employ different strategies. These include offering high compensation packages and other incentives, such as medical and insurance coverage for them and their dependents. They are…

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THE Philippine government has been looking to utilize the domestic shipping industry to pursue economic growth and develop wider global commerce. In October, the Maritime Industry Authority (Marina) launched a develop plan that it will implement for the next 10 years to provide better opportunities in the industry. In partnership…

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Electrification systems specialist Vahle Inc. has revealed details about its project with the largest container port in Thailand, Laem Chabang, which is operated by Hutchinson. The port has installed a 2+2 Vahle electrification system for 10 new rubber-tired gantry (RTG) cranes at the 6.5-million TEU (20-foot equivalent unit) capacity facility…

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Tugboat-services company Harbor Star Shipping Services Inc. has acquired, through a wholly-owned subsidiary, 60 percent of shares in Astronergy Development Gensan Inc. (ADGI) worth $6.3 million, it was learned recently. The subsidiary, Harbor Star Energy Corp., signed agreements to buy 45 percent of the issued capital stock of ADGI from…

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Seafarers play a big role in the Philippine maritime industry’s success. As such, shipping companies should be able to sustain the outstanding quality and performance of every officer and crew that man their vessels by requiring continuous education and training, strictly implementing international shipping standards, and adhering to obligations concerning…

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United Kingdom-headquartered law firm Clyde and Co. and that country’s Institute of Marine Engineering, Science and Technology (IMarEST) recently surveyed industry attitudes toward ship automation in a new report. A survey of 220 marine industry executives worldwide found that there is a lack of clarity on a range of issues…

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New ground has been broken in developing blockchain for shipping after a pilot used the technology to carry out a paperless bills-of-lading. Israeli container shipping company ZIM announced that it completed the feat for the first time by using blockchain-based software from Wave to send a document that acknowledged receipt…

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