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ABS and yellow.ai bring conversational AI to My Digital Fleet
Houston, Texas – ABS is launching enterprise-grade, AI-powered chatbots and voicebots on its ABS My Digital Fleet™ risk management platform together with yellow.ai, the world’s leading Conversational AI Platform. This marks an important industry first as no such digital solution has previously been deployed to provide shipping companies with helpful information and support in a conversational
“K” Line, DP Energy and Chubu joint venture for Bay of Fundy tidal project
Ireland-based DP Energy has entered into a Joint Development Agreement (JDA) with Chubu Electric Power Company (Chubu) and Kawasaki Kisen Kaisha (“K” LINE) to develop the first phase of the Uisce Tapa tidal project in the Bay of Fundy, Nova Scotia. The Bay of Fundy is home to some of the highest tides in the
Clean Arctic Alliance issues urgent message
Responding to today’s publication of the Intergovernmental Panel on Climate Change (IPCC) report, Climate Change 2021: The Physical Science Basis, the Clean Arctic Alliance called on the International Maritime Organization to make immediate cuts to black carbon emissions from shipping in the Arctic, and to urgently reduce black carbon emissions globally. The Alliance groups
Ocean container prices have doubled in one year
According to Drewry maritime consultancy, ocean container prices have doubled in one year to a never-seen level of US$6,500 while leasing rates have similarly entered record territory. The UK-based consultancy’s annual container and leasing review said the price reached at the end of the second quarter was the highest since 1998. John Fossey, Drewry’s
MSC “shocked” by shipper complaint filed with FMC
Mediterranean Shipping Company said today it was shocked to learn of the accusations made by MCS Industries and the complaint filed by MCS Industries with the FMC, a notice of which was published by the FMC on August 3. (See MM August 4) MSC received no formal complaint by MCS Industries in advance of
Coming US infrastructure bill promises port-funding splurge
US ports and inland waterways are on track to receive at least $11.8 billion in new federal funding over the next five years through a $1 trillion infrastructure bill Congress aims to finalize over the coming weeks, reports Mark Szakonyi, Executive Editor of The Journal of Commerce and JOC.COM. The Senate began voting on
FMC launches expedited inquiry into ocean carrier pricing practices
The Federal Maritime Commission has launched an expedited inquiry into the timing and legal sufficiency of ocean carrier practices with respect to certain surcharges. Eight ocean carriers are being asked to provide the Commission’s Bureau of Enforcement (BoE) with details about congestion or related surcharges they have implemented or announced. BoE has given the
Canada investing $15 million in two small craft harbours in Nunavut
Today in Iqaluit, Nunavut, the Honourable Catherine McKenna, Minister of Infrastructure and Communities of Canada, on behalf of the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard, provided an update on plans for two new Small Craft Harbours in Nunavut Territory, at Clyde River and Arctic Bay. Over the next two years, Fisheries and