Blogs

MSI Clients Can Now Avail An Integrated Data Platform Not wishing to lag behind in this new world of digital-based shipping, MSI or the Maritime Strategies International has successfully launched a new integrated data platform that will allow the customers run the necessary market simulations and simultaneously view the intended results across the multiple shipping sectors. According to the opinion put forward by Adam Kent, the Managing Director of the reputed organization, the maritime arena has rarely been challenged with the combined occurrence of contradictory forces that range from political hazards and trade wars to long-term sustainability and cost impacts, which are controlled by several regulatory measures. This new digital platform is termed as MSI Horizon and it will certainly enable the clients to review the latest models in the global shipping markets and recover the asset valuations data by logging onto a common interface. PSA Terminal Has Taken Over The Halterm Container Terminal The renowned PSA Terminal of Singapore has recently taken over the operations of the well-established Halterm Container Terminal in Canada. The Port of Halifax has carved out a significant niche in the maritime industry by upgrading its services with a top-notch infrastructure and accommodating a huge amount of containerized cargo. Earlier, the Macquarie Infrastructure Partners were in charge of the container terminal facility, which happens to be the only Canadian terminal that is well-equipped for serving mega-container ships or large-sized vessels. The Halterm Container Terminal currently has the potential to operate three container berths that may stretch to an incredible depth of sixteen metres. Plus, the terminal is also under construction at the moment for further berth expansion that even features the delivery of a fifth super post-panamax quay crane for boosting the operations. Once the expansion is complete, the container terminal will have the power and resources to simultaneously handle two mega-sized vessels in the following year. Vizag Terminal Has Registered A 45 Percent Growth In Cargo Essar Vizag Terminal Ltd. (EVTL) is solely responsible for supervising the actions of the Vizag terminal that includes the largest integrated iron ore handling capacity within the entire country. Recently, the terminal has recorded a remarkable improvement by achieving a 45 percent growth in handling the overall cargo. This growth was registered as a result of the steep rise in third-party cargo with the cargo volumes experiencing a surge of 5.6 percent over the same period. It seems that the implementation of advanced, hi-tech machinery and the world-class cargo handling equipment has come in handy while improving the overall services of the Vizag Terminal. VOC Has Been Able To Berth A Vessel With The Highest Parcel Size The V.O. Chidambaranar Port has taken the Indian shipping industry by storm by creating a record for handling 1, 80, 597 tons of cargo on a single day, which is definitely no mean feat! This victory was possible due to the involvement of major cargo that comprised of coal, general cargo and containerized cargo. On July 25, the VOC Port has established its position as one of the important contenders in the maritime arena by berthing a vessel that contains a parcel size of 85, 224 tonnes. Undoubtedly, this milestone has been the result of the gradual growth in container traffic along with the positive surge in the operational efficiency of its fully functional container terminals. On top of that, the VOC Port is also contemplating the construction of a third terminal to meet the demands of the box trade in the region. Busan Port Authority Decides To Launch A New Blockchain System The Busan Port Authority or BPA has finally decided to introduce a new blockchain system that is essentially an Inter-Terminal Transportation (ITT) system. Ready to become fully functional by the month of October, this blockchain-based platform is focused on increasing the overall ITT flow for the Busan port. According to sources, this blockchain network will cover all of the five shipping companies, the ten transportation companies and container terminals under the organization. BPA is also contemplating about the future plans of expanding the port’s network and further ensure a smooth flow of real-time data that will certainly prove beneficial in enhancing transportation planning. Sources: https://splash247.com/msi-shipping-has-rarely-faced-such-a-combination-of-contradictory-forces https://www.seatrade-maritime.com/news/americas/psa-acquires-giant-boxship-capable-halterm-terminal-in-canada/ http://www.maritimegateway.com/essar-ports-vizag-terminal-registers-45-pc-cargo-growth-triples-third-party-cargo-handling/ http://eximin.net/NewsDetails.aspx?name=41743 https://www.porttechnology.org/news/major-asian-port-launches-blockchain-sy