The technologies needed to create remote and autonomous ships already exist, meaning it’s actually a matter of when it becomes a reality, not if, according to the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative.
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
South Africa’s state-owned ports and rail operator Transnet SOC Ltd. experienced an increase in earnings and revenues for the year ending March 31, 2016, as container and automotive volumes rose.
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Despite the European Union and United States agreeing to ease economic sanctions placed on Iran in 2009, multinational companies must still ensure rigorous compliance with "secondary" U.S.-Iranian sanctions.
The Ocean Carrier Equipment Management Association indicated it is close to finalizing a common approach for U.S. port terminals to weigh containers, allowing exporters to meet a new requirement designed to prevent accidents at sea or on wharves.
The Calgary-based Class I railroad cited lower-than-anticipated bulk volumes, the devastating wildfires in northern Alberta and a strengthening Canadian dollar as the primary reasons for the downward revision in earnings expectations.