PSA international and its subsidiaries report 2022 results

PSA International Pte Ltd (PSA) handled 90.9 million Twenty-foot Equivalent Units (TEUs) for the year ended 31 December 2022, representing a contraction of 0.7% from the previous year. PSA Singapore contributed 37.0 million TEUs, and PSA terminals outside Singapore delivered a total throughput of 53.9 million TEUs, both 0.7% lower than 2021. PSA Group revenue […]

Marlink and ABS Wavesight partner to accelerate maritime clients’ digital transformation

Smart network and ICT solutions company Marlink and ABS Wavesight™, the ABS-affiliated maritime software as a service (SaaS) company, have signed an agreement to collaborate on using optimized connectivity to support efficient delivery of sustainability services and data to clients’ vessels. The agreement connects Marlink’s blended network with the voyage optimization and vessel management services […]

Seven new members join Methane Abatement in Maritime Innovation Initiative (MAMII)

A major cross sectoral initiative tasked with reducing methane emissions across the maritime industry has announced seven new members at a Lloyd’s Register LNG Forum event in Doha, Qatar. New members of the Methane Abatement in Maritime Innovation Initiative (MAMII) include CoolCo, United Overseas Management, Capital Gas, Celsius Tankers, Global Meridian Holdings, Mitsui O.S.K. Lines, […]

Zeaborn transforms its administration with Harbor Lab’s digital solutions

Harbor Lab announces that Zeaborn Ship Management will incorporate Harbor Lab’s e-disbursement software and agents’ directory into its systems for greater efficiencies and increased transparency across its port cost management processes. With operations in Hamburg, Cyprus, Singapore, and Manila, Zeaborn is partnering with Harbor Lab to unify its processes, generate a higher degree of transparency […]

Ridgebury Tankers uses FuelTrust ‘digital chemist’ to prove fleet emissions reductions and cut carbon liabilities

FuelTrusthas announced results of its work with Ridgebury Tankers to validate emissions reductions for its fleet. Using FuelTrust’s AI technology, Ridgebury has established a carbon baseline for its Suezmax tanker, Ridgebury John Zipser, and assessed improvements in the vessel’s performance following a retrofit in 2019, demonstrating return on an investment in scrubbers as well as […]

PSA Singapore celebrates 1 million TEU milestone at Tuas Port

PSA Singapore has celebrated the one millionth TEU handled at Tuas Port, staff, management, and unions gathering in honour of the occasion (pictured). This feat was achieved just 6 months after the official Tuas Opening Ceremony on 1 September 2022. Commemorating this milestone, Regional CEO Southeast Asia Ong Kim Pong said: “With five operational berths […]

BIMCO launches campaign to accelerate uptake of electronic bills of lading

BIMCO has launched the “25 by 25 pledge”, a commitment by some of the world’s biggest shippers in the bulk sector to target moving 25% of their annual seaborne trade volume for at least one commodity using electronic bills of lading by 2025. The pledge is part of an ongoing effort to accelerate trade digitalisation […]