The Supply Chain
The Port of Los Angeles and GE Transportation are partnering to digitize maritime shipping to help goods reach consumers faster. First-of-its-kind port information portal delivers fast, data-driven insights to enhance maritime supply chain performance and better serve ultra-large container vessels. With consumer spending on the rise, U.S. businesses need greater reliability and visibility from the supply chain to maintain their edge in an increasingly competitive marketplace. Given that 90 percent of global trade moves on the ocean, seaports are critical nodes of the supply chain. However, today’s major ports face the growing challenge of serving a new generation of massive container ships and the complexity of handling cargo carried by vessel-sharing alliances – constantly shifting arrangements between cargo ship operators where they share space on ships as a cost-saving strategy. To keep cargo flowing efficiently through America’s largest container port, the Port of Los Angeles and GE Transportation are partnering to pilot a first-of-its-kind port information portal, a unique approach to demonstrate the benefits of digitizing maritime shipping data and making it available to cargo owners and supply chain operators through secure, channeled access.
The Port of Long Beach earned “Best Seaport in North America” honors at the 2013 Asian Freight and Supply Chain Awards in Beijing. The 2013 Asian Freight and Supply Chain Awards recently hosted in Beijing by the Cargonews Asia shipping trade publication, witnessed the 16th win in the past 18 years for Long Beach. The award recognizes the best ports as judged by importers, exporters, and logistics and supply chain professionals.
Northrop Grumman Corporation's Newport News sector announced two promotions. Becky Stewart is promoted to vice president, Surface Ship and Submarine Fleet Maintenance and Veasey Wilson is promoted to vice president, Supply Chain Management. Stewart, who previously served as director for Surface Ship and Submarine Fleet Maintenance, is responsible for all aspects of naval and commercial surface ship and submarine fleet maintenance from pre-contract through delivery.
An industry body set up to ensure businesses are ready to secure opportunities from decommissioning work over the coming years will shortly launch a major mapping exercise to help the supply chain benefit from the $38.6b to $46.3b of North Sea work forecast for the future. The work by Decom North Sea will help promote the capability and capacity of the North Sea supply chain for decommissioning projects, as well as showcasing supply chain companies and their individual expertise and
DP World’s London Gateway, the U.K.’s new deep-sea port and Europe’s largest logistics park opening in Q4 this year, will prove that ports add value to the supply chain, delegates to the 11th annual 3PL Summit and Chief Supply Chain Officer Forum in Chicago were told yesterday. Peter Ward, London Gateway supply chain commercial manager, said, “London Gateway is overturning the traditional view that ports add cost, not value
Three years after its inception, today sees the official launch of an innovative new board game designed to teach young people of all ages about the importance of today’s supply chain in global commerce. The game - Business on the Move - aims to inspire, excite and educate young people from the age of 9 to 19 and beyond. The aim of the game is for players to move different products from China to their U.K. customers by land, sea and air, as quickly
Old Dominion University will offer a new undergraduate major in maritime and supply chain management in the fall of 2006. The major will be the first of its kind in Virginia, and the second in the country, according to school officials. It will be offered as a bachelor of science in the business administration degree program. Students will have to complete courses in business, accounting, economics, marketing, finance, information technology, management and general education classes
Huntington Ingalls Industries appoint new Vice President in Shipbuilding Division HII announce the promotion of Lori Harper to vice president of supply chain management for the company's Ingalls Shipbuilding division. In this capacity, Harper will be responsible for all Gulf Coast supply chain management functions, including sourcing and procurement, inventory control and material operations in support of all Ingalls contracts
CEVA Logistics, a leading global supply chain management company, was awarded the Best Green Logistics Operator award at the 28th Asian Freight and Supply Chain Awards (AFSCA) held in Shanghai recently. The annual awards organized by Cargonews Asia are designed to honor leading organizations for demonstrating leadership as well as consistency in service quality, innovation, customer relationship management and reliability.
Seeking new supply chain efficiencies, the ports of Los Angeles and Long Beach have announced the creation of working groups focusing on peak operations and terminal optimization to develop ways to strengthen the competitiveness of the San Pedro Bay port complex. Participants in the issue-specific working groups will be drawn from goods movement industry stakeholders, including shipping lines, cargo owners, labor, railroads, trucking interests, equipment owners and more.
Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.
APL today announced the launch of Eagle Guaranteed, a promise of day-definite arrival of shipment on the Eagle Express (EX1) service via the Global Gateway South (GGS) Terminal in Los Angeles to the rail yards of Chicago, Columbus, Dallas, El Paso, Kansas City and Memphis in the Americas
The Georgia Ports Authority achieved outstanding January results, with double-digit growth across all business sectors and a 26 percent increase in total tonnage. "The Port of Savannah is unrivaled in its connectivity into the heartland of the U.S
The President and CEO of the MPA, Sylvie Vachon, together with the Minister for Maritime Affairs, Jean D’Amour, the Mayor of Montreal, Denis Coderre, and the Mayor of the Borough of Mercier–Hochelaga-Maisonneuve, Réal Ménard
New Guide provides standards for growing LNG bunkering vessel sector. ABS, a provider of classification and technical services to the marine and offshore industries, has published the ABS Guide for LNG Bunkering. This new Guide provides standards for the design
Atlantic, Gulf and Pacific Company (AG&P) and Hindustan LNG (HLNG) have signed a Memorandum of Understanding (MoU) to supply tolled gas to power stations in the East Godavari region of Andhra Pradesh, India. Under the agreement
Contship Italia Group, Italy’s leading maritime container terminal and intermodal operator saw an increase in handled volume of 1.7% and 9.7% increase in transported volumes for 2016. The group’s Maritime Container Terminal business saw an increase of 109
A Port of Oakland executive outlined a $600 million spending plan here today for growth at his West Coast trade gateway. Maritime Director John Driscoll told a maritime audience that Oakland would increase trade volume by investing in new facilities and better infrastructure
As Damen Shipyards Group prepares its SEA 1180 OPV Program tender to the Australian Ministry of Defense, the Dutch shipbuilder said it has held two industry briefings aimed at Australian companies active in the maritime and defense industries.
Liquefied natural gas (LNG) shipping company has released its financial results for the year ended 31st December 2016 which show Group revenue for the quarter and the year were low than the corresponding periods for 2015. Group profit before tax for the quarter ended 31st December
International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico. Peterson has signed a teaming partnership agreement with Port Cameron for the development of a
Bloomberg quoted Robbert van Trooijen, APAC CEO of Maersk Line, saying that the current year (2017) will be more profitable than the last. Post-Hanjin, ocean freight customers now stressing stability and avoiding risk to supply chains, not just rates, he said.
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels has secured a contract for the design and construction of one krill fishing vessel for Aker BioMarine in Norway. The new and innovative vessel of VARD 8 10 design is specially
The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016. It was the busiest January in the port’s 110-year history, outpacing last January
Expectations at the start of the year that 2016 would be a tough one for the oil industry, and in particular for offshore, were on the whole fulfilled, says Clarksons Research report. Overall upstream E&P spending globally fell for the second successive year