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.
Three measures were adopted last week by the European Commission to ensure European Union regulations are both respected and economically prosperous for member nations, the commission said in a statement.
The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
Deteriorating ocean carrier profitability, port slowdowns, bankruptcies and a reshaping of the major alliances all contribute to the volatility of the container shipping market, according to Maritime Director Michel Looten of Seabury Group.