Saint Lucia News

  Maersk remains committed to ensuring the supply chain needs are met in this period of uncertainty and intensified congestion all around the globe. In this “Asia Pacific Market Update”, Maersk provides the most relevant and up-to-date information so that together Maersk navigates this period of heightened volatility and keeps the supply chain moving. Industry Trends As the world and businesses continue to face challenges, Asia Pacific leads the way in projected GDP growth:...

  PUMA’s ‘Forever Faster’ mission continuously earns it a place at the forefront of sports innovation, fashion and design. It leads to firsts from the athletes they sponsor, like Usain Bolt and Neymar Jr, and leads to firsts in other areas, including supply chain innovation and logistics leadership. In a category defined by speed-to-market, PUMA is always looking for ways to get their latest merchandise out to consumers more efficiently and cost-effectively...

  Maersk remains committed to ensuring the supply chain needs are met in this period of uncertainty and intensified congestion all around the globe. In this Asia Pacific Market Update, Maersk provides the most relevant and up-to-date information as Maersk navigates this period of heightened volatility together to keep the supply chain moving. This month Maersk looks at the disruption affecting Yantian in South China due to COVID-19 flare-up and the knock-on effect this is having globall...

  After a six-day stop on export containers, the Yantian Port Authorities have announced that productivity is gradually set to increase as more workers return and more berths reopen, but the damage has already been done. The current estimated wait is over a fortnight, causing many carriers to divert vessels to other ports. In total, over 300 sailings from all liners will omit Yantian and for Maersk, 19 of the mainline services have been affected. Fighting to get reliability back i...

A.P. Moller – Maersk and IBM announced that more than 10 members have joined TradeLens in the Chinese Mainland in the first month since its launch on May 10. The new members of the ecosystem to advance trade digitisation include industry-leading Chinese companies, two-port groups and eight intermodal and inland logistics providers. TradeLens is a neutral blockchain-enabled digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM, and includes foundational ca...

  By shifting the transportation mode from truck to rail between Barcelona port and Tarragona terminal, IKEA Supply Chain Operations is cutting their Green House (GHG) from their long-haul transports in Spain by around 700 tons per year. “Maersk´s offering goes beyond moving cargo from A to B. We grow together with our customers, building tailor-made solutions based on sustainability and prioritisation. For us, it is crucial to dig into our customers ´needs as well as...

  Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd. announced they have completed integration onto the TradeLens platform, helping ensure a more timely and consistent view of logistics data for their containerised freight around the world. TradeLens is a neutral, third-party platform launched by IBM and A.P. Moller - Maersk to help modernise the world’s supply chain ecosystems and is run on IBM Cloud and IBM Blockchain. Benefitting from TradeLens Profit from...

LG Energy Solutions is a subsidiary of LG Corp, specialising in the manufacture and supply of EV (Electric Vehicle) and ESS (Energy Storage System) batteries. They currently operate factories in China, Poland, the United States and South Korea, producing and delivering EV and ESS batteries to the vehicle manufacturers. Electric Vehicle batteries are, by nature, a valuable commodity in very high demand. They are also extremely sensitive to temperature and humidity and need to be transported in r...

  The Council of Supply Chain Management Professionals (CSCMP) held their 32nd Annual State of Logistics Report virtual presentation on June 24, 2021, with supply chain executives from Maersk, Nordstrom, Penske Logistics, Kearney, Norfolk Southern and IHS Markit participating in a panel that discussed the major forces shaping logistics in the pandemic and post-pandemic world. The 73-page report, authored by Kearney, entitled “Change of plans” captures the wild ride of 2020 a...

  A.P. Moller - Maersk announced the signing of a fully carbon-neutral transport agreement on ocean services with BESTSELLER. The open-ended agreement on lifestyle logistics covers all of BESTSELLERs global transportation requirements and includes inland logistics and CFS handling (warehousing). ECO Delivery “I am very pleased that BESTSELLER, one of the top fashion and lifestyle groups in the world, has chosen Maersk ECO Delivery to reduce the company's carbon footprint in tran...

A.P. Moller - Maersk. and Hyundai Mipo Dockyards have agreed on a contract for Hyundai Mipo to build a feeder vessel with a dual-engine technology enabling it to sail on either methanol or traditional very low Sulphur fuel. Maersk announced the intention to order the vessel, an industry first, on 17 February 2021. It will fly the Danish flag. Shipping Emissions “This groundbreaking container vessel shows that scalable solutions to properly solve shipping’s emissions challenge are...

Egypt is a growing sourcing and procurement market for textiles. Egyptian cotton, garments like trousers, and carpets are sought after by some of the biggest Fashion and Lifestyle brands. In addition to its high-quality textile and clothing products, what makes Egypt such an attractive sourcing destination is its strategic location – close to both Europe and North America.   More than 10% of world trade passes through the Suez Canal, making Egypt an important Transhipment Hub for...

Maersk is redesigning its ocean network in West & Central Asia that connects countries including India, Bangladesh, Sri Lanka, Pakistan, UAE and Saudi Arabia to the world. The changes in the network are primarily aimed at improving speed to market, providing higher predictability and offering more flexibility to customers’ supply chains. Further, redesigning the network will also bring more resilience to the customers’ supply chains, protecting them better from operational cha...

  With the traditional peak season approaching, the outlook for both ocean and airfreight remains buoyant although capacity constraints and service reliability continue to present challenges. Maersk shares the latest market trend before highlighting the issues and challenges they face and also explain Maersk’s latest solutions to help one keep cargo moving. Market trend While global demand for logistics services remains strong, COVID-19 continues to cause supply-side problems: l...

Co-developed by HHI Group and the state-run Korea Advanced Institute of Science & Technology (KAIST), HiNAS automatically recognises surrounding vessels through camera analysis via artificial intelligence (AI) to determine and alert the risk of collision based on augmented reality (AR). Particularly noteworthy about this advanced navigation support system is that even when visibility is limited at night or by sea fog, it can analyse and provide comprehensive information, such as the locatio...

Al-Hamd International Container Terminal (AICT), one of Pakistan’s important container terminals in Karachi, has become the first inland depot operator in Pakistan to join TradeLens, a blockchain-powered digital container logistics platform. AICT is also the first network partner for TradeLens in Pakistan, thereby leading the digitisation journey of Pakistan’s container logistics and supply chain ecosystem. TradeLens digital container logistics platform TradeLens brings together d...

MSC Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited (Shell) have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector. The long-term memorandum of understanding will help MSC and Shell to play enhanced roles in the energy transformation of shipping, as developers and early adopters of innovative technologies and fuel solutions. The companies plan to develop a range of safe, sustainable and competitive tec...

Braemar, an international provider of shipbroking, financial advisory, risk management, and logistics services, has underlined its support for London International Shipping Week 2021 (LISW21) by sponsoring the LISW21 Portal, the host platform for online gatherings at this year’s event. LISW21, running from 13–17th September, is a hybrid event, giving in-person attendees, along with virtual audiences around the world, the opportunity to explore the key challenges and opportunities fo...

SBM Offshore has reached a new milestone in its digital transformation program: ABS has issued New Technology Qualification (NTQ) to SBM Offshore’s artificial intelligence-powered Intelligent Agent Mooring Line Integrity Tool, allowing the technology to be integrated into offshore systems for the first time. This tool is built on SBM Offshore’s unrivalled mooring expertise and FPSO lifecycle management, combined with the advancement in machine learning capabilities. It enables the d...

Bud Darr, Executive Vice President Maritime Policy and Government Affairs, MSC Group will be taking part in a Sea Asia virtual panel session, held as part of The Maritime Online Series, which is being organised by Informa Markets.   The Maritime Online Series is a month-long series of online events and specially produced content, running from 21 June to 22 July 2021. With a different theme each week, the series will cover a number of essential topics: Crewing, Regulation,...

With its stated aim of becoming the most specialised and best-performing partner in the blue energy sector, Olympic Subsea’s fleet-wide upgrade to Kongsberg Digital’s Vessel Insight data infrastructure service will enable the company to continue the digitalisation journey which began with its implementation of KDI’s Vessel Performance solution for energy usage and operational monitoring. The first vessel in the fleet to deploy the complete KDI rollout will be Olympic Artem...

Satcom Direct (SD), the business aviation solutions provider, has signed a preferred supplier agreement with Luxaviation Group, one of the world’s largest business aircraft and helicopter operators. The new three-year arrangement begins with immediate effect and provides best-in-class technical connectivity solutions, superior value, and award-winning customer service to the global Luxaviation fleet. SD’s advanced technology All Luxaviation customers may now benefit from SD&rsquo...

Recently published independent research points conclude that goods-producing value chains (particularly automotive, as well as computers and electronics) are becoming more regionally concentrated, especially within Asia and Europe. Companies are increasingly establishing production in proximity to demand. Such value chains require just-in-time shipping operations. Borchard Lines continues to provide industry-renowned door-door timelines with over 93% on-time departures and arrivals.

Anticipation for London International Shipping Week 2021 (LISW21), the global maritime industry’s first in-person gathering since early 2020, is set to soar following UK Prime Minister, Boris Johnson’s announcement that London is open for business. The British Prime Minister has confirmed an easing of COVID-19 restrictions across England by July 19, 2021, giving people working in shipping clear passage to reconnect at LISW21, slated to take place from September 13 – 17, 2021....

With their initiative on schedule reliability, Hapag-Lloyd is tackling one of the main challenges faced by the global shipping industry. Container shipping is currently going through its worst operational crisis, in many years. Due to high demand, massive COVID-19-related restrictions and the Suez Canal incident in April 2021, the shipping industry has been forced to deal with major operational challenges, such as congested ports, ship delays and infrastructural bottlenecks. Transparency on th...

The latest technological developments regarding tactical equipment, as well as security, communication and detection systems, will be presented by VANOS S.A. at DEFEA – Defense Exhibition Athens, from the 13th to the 15th of July 2021.  VANOS S.A. will participate, among other companies of the industry, in the first DEFEA (Defense Exhibition Athens) that will be held from the 13th to the 15th of July, at the Athens Metropolitan Expo (Eleftherios Venizelos Airport). National security...

Consultations are underway to determine the impact of the pandemic. The International Transport Forum is closely monitoring the COVID-19 outbreak, including in consultation with OECD, and is currently considering implications for the ITF’s Annual Summit to be held in Leipzig, Germany, from 27-29 May 2020. Many countries have put in place restrictive measures to contain the COVID-19 pandemic. This includes the Summit host country, Germany, as well as other countries whose governments, ente...

NAUTIS Simulators will take the maritime training suite a step further in 2021 by introducing autodidactic tools to aid in maritime training.  Maritime training methodologies have been evolving radically over the past couple of years and the reliance on autodidactic or self-training techniques has gained substantial admiration.  NAUTIS team at VSTEP is collaborating with Smart-Ship, a Delft-based start-up that specialises in Haptic Feedback technology Hence, the NAUTIS team at...

During the last month the AI assistant Stena Fuel Pilot has been successfully introduced on two more Stena Line vessels, Stena Flavia and Mecklenburg-Vorpommern. In total, 7 Stena Line vessels now operate with AI assistance, with the aim to reduce fuel consumption and CO2 emissions by 5 %. The Stena Fuel Pilot started as a pilot study on Stena Scandinavica on the Gothenburg-Kiel route back in 2018 with the task to investigate and explore how artificial intelligence can be used to support the ca...

As SITC 's practice of building a land-sea integrated supply chain service model in Indonesia, relying on SITC's long-term market development foundation and overcoming the impact of Ramadan and the epidemic, SITC Indonesia's Surabaya yard was officially put into operation on June 11. The Sishui Depot is mainly engaged in container storage, warehousing, container equipment repair and maintenance, and container transportation. Comprehensive logistics services Through a professional team and adv...