The pilot project was launched to promote digitalization in Denmark’s maritime cluster, dubbed “Blue Denmark,” and to shed light on the long-term possibilities of digitalizing the entire ship registration process.
Increasingly high rents charged to chassis providers by the Port Authority of New York and New Jersey could hurt the port's overall competitiveness, says Dennis Daggett, executive vice president of the International Longshoremen’s Association.
The maritime information provider and creator of the famed Baltic Dry Index will work closely with shipbrokers and end-users to create new freight rate benchmarks and indices to be launched later this year, according to Baltic Exchange CEO Mark Jackson.
Registration takes less than 1 minute.
Monitoring by the U.S. Federal Maritime Commission, however, shows individual ocean carriers within each vessel sharing alliance continue to "independently and vigorously compete on pricing," according to Acting FMC Chairman Michael Khouri.
U.S. Secretary of Transportation Elaine Chao told a Chamber of Commerce forum the nation’s transportation infrastructure is in need of repair, and the Trump administration will share its infrastructure investment plan in the next several weeks.
Norwegian fertilizer manufacturer Yara International is planning to build a small, battery-powered containership with capacity for between 100 TEUs and 120 TEUs to move containers from fertilizer its factory to the nearby ocean ports of Brevik and Larvik.