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Software Solutions

Digitalisation of Ports is Fourth Industrial Revolution

PEMA AGM delegates. Photo: PEMA

 The digitalisation of ports and terminal operations offers ways to realise a “fourth industrial revolution”, bringing with it safety, operational, and environmental benefits, delegates heard at the Port Equipment Manufacturers Association (PEMA) annual general meeting, which was held in the Spanish port city of Bilbao.

NYK, NTT, MTI Conclude Joint Test of Next Generation Onboard IoT Platform

Image: NYK Line

 Nippon Yusen Kabushiki Kaisha (NYK), MTI, Nippon Telegraph and Telephone Corporation (NTT), and NTT DATA Corporation have successfully conducted a proof-of-concept experiment for a next-generation onboard IoT platform.   The test was held aboard Hidaka, a domestic coastal vessel owned and operated by Kinkai Yusen Kaisha of NYK Group.

Port of Hamburg Getting Ready for Future Growth

Photo: Port of Hamburg

 Europe's third-largest container port, Port of Hamburg, is preparing for the future with improved infrastructure and digitalization.   Frank Horch, Hamburg’s Senator for Economics, Transport and Innovation, said: "The Port of Hamburg must become a Port 4.0 , with digitalization and how this will change supply chains.

ClassNK Updates PrimeShip-HULL Software

ClassNK has just released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.5.0.0, developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT).   The new version incorporates the latest rule amendments to CSR BC & OT (Rule Change

Data Overload: Commodity Hedge Funds Close as Computers Dominate

© iamchamp / Adobe Stock

"Chocfinger" made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel.   Ward blames the rise of computer-driven funds and high-frequency trading for forcing him and some other well-known

DSME Selects NAPA Steel to Transform Ship Design Processes

Center: Ilmo Kuutti, President of NAPA Group (left) shakes hands with Kwan-Won Sohn, Head of Ship Business Unit at DSME after signing the contract in Geoje on February 6, 2018 (Photo: NAPA)

Maritime software, services and data analysis provider NAPA has announced that shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has selected 3D model-based NAPA Steel software to streamline design processes and meet the needs of 21st century naval architects and structure designers.   DSME

DNV GL Upgrades Nauticus Hull Software

Screenshot of new Nauticus Hull version showing the hull scantling design program. (Photo: DNV GL)

DNV GL’s Nauticus Hull software has been given a major upgrade to provide improved support for the new DNV GL rules and IACS requirements.   The software covers DNV GL rules for classification of ships and IACS Common Structural Rules for Bulk Carriers and Oil Tankers with capabilities ranging from

NileDutch Implements Transmetrics Predictive Optimisation Software

Transmetrics Welcomed NileDutch Team for the Data Workshop. From left to right: Marcel van Essen, Anna Shaposhnikova, Carlo Zaalberg, Asparuh Koev and Tjardo Boom. Photo: Transmetrics

 In order to streamline our empty container flows and increase efficiency, NileDutch has started working with Transmetrics of Bulgaria, a tech startup that provides predictive logistics solutions.    Transmetrics already has extensive experience in demand forecasting and predictive optimisation for the cargo transport industry,

DMA to Digitalise Port State Control

Photo: Danish Maritime Authority

 The Danish Maritime Authority (DMA) and European Maritime Safety Agency (EMSA) are examining how online control of certificates could make Port State Control (PSC) inspections more efficient. This happens in the wake of the DMA’s implementation of digital certificates on Danish ships.   Time is money,

Data Models for Maritime E-Business

Photo: International Maritime Organization (IMO)

 Effective global electronic data exchange for ships entering and leaving ports depends on standardized and harmonized practices for data exchange.    This can include data models which define and format data which might be transferred between automated systems, such as for export, import and transit.

Driving the Digital Ecosystem

(Image: Wärtsilä)

As one of the most important megatrends this decade, digitalization is already moving beyond the concept of connectivity and data gathering towards a greater and more integrated future where the entire industry coexists as one digital ecosystem. As this vision becomes a reality, we will see a new era of partnerships,

Euronext to Widen Block Trade Offer to Commodities

© Nightman1965 / Adobe Stock

Euronext said on Tuesday it will extend its Large-in-Scale (LIS) trade facility to commodity futures in response to interest in block trades.   Euronext's most active commodity futures contracts, wheat and rapeseed, will be available on LIS Trade, while block trades will be made available for a wide range of Euronext commodity futures contracts.

IMO to Promote e-Navigation

Photo:  International Maritime Organization (IMO)

 Reliable, user-friendly and integrated navigation and communications systems can help with decision making on a ship. That is where e-Navigation comes in.     International Maritime Organization (IMO) attended the e-Navigation Underway International Conference which takes place every year on board

US Soy Cargo to China Traded Using Blockchain

File photo: Louis Dreyfus Co / © David Hundley

A cargo of U.S. soybeans shipped to China has become the first fully-fledged agricultural trade conducted using blockchain, participants said on Monday.   Louis Dreyfus Co, Shandong Bohi Industry Co, ING, Societe Generale and ABN Amro took part in the trade where the sales contract, letter of credit

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