The prospect of unmanned container vessels serving global container supply chains has taken another step forward. Sea Machines Robotics, a US developer of autonomous vessels, announced it had raised $10m from venture capital funds. The investors were led by Accomplice VC and Eniac Ventures, but also include Toyota AI Ventures, TechNexus Venture Collaborative, NextGen VP, Geekdom Fund,…
IATA claims global aviation is on course for a “decade in the black”. However, the annual pace of growth in cargo is well below last year’s “exceptional” performance. Despite the slowdown, the association remains relatively positive about future growth, albeit it at a slower pace. “The expected 3.7% annual increase in cargo tonnage next year to 65.9m…
Vessel cascading has been an ever-present feature of container shipping since liner executives first understood the benefits of economies of scale and began the box ship capacity arms race. But over the next few years, there are likely to be only a few arenas where it will take place, according to Drewry Maritime Advisors’ director…
Container shipping company AP Moller – Maersk has unveiled plans to completely cut carbon dioxide (CO2) emission from its operations by 2050. In order to meet the goal, Maersk intends to have carbon neutral vessels commercially viable by 2030, as well as accelerate new innovations and adopt new technology. The company has called for a…
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