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Halifax Port Authority participates with Maersk and IBM in blockchain application

by Canadian Sailings | Aug 29, 2018 | Other, Ports and Terminals

Halifax Port Authority is pleased to announce it has been invited to join a blockchain-focused digital global shipping platform developed by Maersk and IBM, known as TradeLens.The goal is to develop a highly secure digital ledger system that promotes the sharing of...

Ports and forwarders sign up for Maersk/IBM blockchain platform, but not the carriers

by Canadian Sailings | Aug 29, 2018 | Other

By Alexander WhitemanEfforts to migrate logistics companies towards blockchain systems are increasing, with Maersk and IBM’s collaborative effort having recruited 94 organizations. The joint-venture was given its first public airing on August 9, when the shipping and...

Port of Halifax puts real-time terminal performance numbers online

by Canadian Sailings | Aug 29, 2018 | Other, Ports and Terminals

By Ian PutzgerCompanies that are moving cargo through the Canadian gateway of Halifax can now check via the port’s website how containers pass through the terminals. The Port Authority displays real-time turnaround times at its two container facilities, South End...

Battle with rising fuel prices pushes Hapag-Lloyd deeper into the red

by Canadian Sailings | Aug 29, 2018 | Other

By Mike WackettHapag-Lloyd lost $80 million in the second quarter, taking its net loss after six months to $122 million. It blamed what it called a “disappointing” result on “intense competition” and “higher operational costs”. However, the company, which issued a...

Can the world’s ports and terminals take the strain as container throughput rises?

by Canadian Sailings | Aug 29, 2018 | Business and Economy, Ocean, Ocean Carriers, Other, Ports and Terminals

By Gavin van Marle“Cautious investor sentiment towards greenfield container terminal projects” could lead to steeply increasing box terminal utilization and a possible decline in port productivity.According to Drewry’s latest five-year container port demand forecast,...
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