Innovation in the maritime sector
Rainmaking, a corporate innovation and venture development firm, has matched five maritime giants with eight startups as part of its ‘Trade & Transport Impact Programme’. Cargotec, HHLA (Hamburger Hafen und Logistik AG), Inmarsat, Shell, and Wärtsilä have been paired up with startup teams from eight different countries. They will work on 13 separate projects with
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Inmarsat has released the Trade 2.0 Report, that is is an original study by PUBLIC and commissioned by Inmarsat into the critical role of maritime startups and the benefits of digitalisation to the shipping and offshore sectors between 2020 and 2030. The key findings locate the maritime sector at an inflection point – open to
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While the chaos around the blockchain in shipments is diminishing, the SAP software vendor believes that the digitization of paper processes remains an interesting opportunity, but that it will take time, as this requires a change of mindset on the part of all parties of the supply chain. Speaking at the “Shipping 2030 Asia” conference in
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According to sources, Bitcoin could reach $ 7,800 and even $ 8,100 before the coin encounters significant overhead resistance. It was pointed out that Bitcoin had to close above earlier support to resist $ 7,400 so Bitcoin could bring its price closer to $ 7,800 in resistance. Hughes added that it is unlikely that the
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As always, BiNautic continues to work on its progress to further improve the experience of its users. This time by working on a collaboration with a delegation from the Maltese government. The meeting took place at CV Labs in Zug, Switzerland on the 20th of November, 2019. CV Labs is a Crypto Valley hub in
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According to the South Korean newspaper Chosun, North Korea employed a shipping and logistics company called Marine China, which operates on a blockchain platform to avoid international sanctions on money laundering of stolen cryptocurrency. The report alleges that a man named Julian Kim, under the code name Tony Walker was the sole owner and investor
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The Singapore Shipping Association (SSA), in collaboration with the International Chamber of Commerce (ICC) and the blockchain company Perlin are working together on an e-registry for the process of renewal and ship registration. The International E-Registry for Ships (IERS) is based on Perlin’s Wavelet, an open ledger for writing decentralized WebAssembly applications, which was published
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AI Singapore (AISG) announced that it will launch two new programmes — the AISG Industrial Postgraduate Programme and the AISG Fellowship Programme — to train AI research talent in strategic industrial areas and to engage Singapore’s top AI experts to help narrow the gap between academic research and industry solutions. As part of a research
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PO8, a Bahamian tech company, is leveraging blockchain technology to excavate underwater artefacts for economic impact to The Bahamas. As part of its blue economy commitment to improve the country’s wealth and conserve its marine habitat, PO8 sees blockchain as a unique way to utilize the oceans’ very own resources like the $100 billion in
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