Tag: Blockchain

Blockchain-enabled logistics tool boosts maritime efficiency
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Blockchain-enabled logistics tool boosts maritime efficiency

Swiss company Singular Point has an ambition to re-shape and improve the way shipping and chartering activities are conducted. The company has developed a single platform blockchain-enabled solution to support the industry’s efforts in delivering efficient operations. VPO Global spoke with CEO and product manager of Singular Point, Mr Antonio Albiero about the new blockchain...

NYK bulk carrier trials GoodFuels biofuel
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NYK bulk carrier trials GoodFuels biofuel

A bulk carrier chartered by mining company BHP and owned by NYK is trialling sustainable biofuel from GoodFuels Marine. The trial will test the viability of biofuels in greenhouse gas (GHG) emissions reduction from shipping. A drop-in marine gas oil (MGO) equivalent was blended with conventional fossil-based MGO in a mix of 30 per cent...

UK launches Maritime 2050 strategy
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UK launches Maritime 2050 strategy

The UK government has made technological innovation a key element of its newly published Maritime 2050 strategy, which will include the creation of a ‘Maritime Innovation Hub’ at an as yet unnamed port by 2030. Maritime 2050 is the first long term national strategy for the sector, setting roadmaps as to how the government can...

Singapore announces initiatives to strengthen its maritime hub
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Singapore announces initiatives to strengthen its maritime hub

Singapore has announced new initiatives to strengthen its maritime hub, including the Singapore War Risks Insurance Conditions (SWRIC) and the development of an inter-operability framework for electronic trade documents for the maritime and trade industries. The SWRIC forms part of Singapore’s efforts to develop itself as a comprehensive marine insurance hub. It is an enhancement...

BLOC recognised for emissions monitoring solution
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BLOC recognised for emissions monitoring solution

Blockchain technology and governance specialist, Blockchain Labs for Open Collaboration (BLOC), has been recognised for its emissions Monitoring Verification and Reporting (MRV) solution that aims to help the maritime and shipping industries comply with environmental regulations. The Massachusetts Institute of Technology (MIT) awarded BLOC first place on its Solve’s Coastal Communities Challenge, for its work...

Blockchain-based bunker delivery recorded in Rotterdam
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Blockchain-based bunker delivery recorded in Rotterdam

GoodFuels Marine reports that it has successfully completed what it claims is the world’s first bunker delivery and transaction using blockchain technology, in collaboration with Blockchain Labs for Open Collaboration (BLOC). GoodFuels Marine reports that it has successfully completed what it claims is the world’s first bunker delivery and transaction using blockchain technology, in collaboration...

Consortium to examine use of blockchain technology in bunkering
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Consortium to examine use of blockchain technology in bunkering

Blockchain Labs for Open Collaboration (BLOC) has announced through its subsidiary Maritime Blockchain Labs (MBL), the establishment of a consortium to address traceability and transparency in the marine fuel supply chain. Lloyd’s Register, Precious Shipping, Bostomar, BIMCO, International Bunker Industry Association (IBIA), and GoodFuels will join the consortium, which will look at where blockchain technology...

Bureau Veritas issues electronic certificates
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Bureau Veritas issues electronic certificates

Bureau Veritas has begun issuing electronic and statutory certificates, replacing paper certification. The launch of the e-certification process comes following successful pilots with shipowners and flag states. The e-certificates, which have been developed in compliance with IMO guidelines, will be issued on behalf of 52 flag states, representing 72% of the Bureau Veritas classed fleet....