Maritime data analytics company ioCurrents has raised $5 million in Series A-1 financing led by Imagen Capital Partners to facilitate immediate roll-out of ioCurrents’ MarineInsight data analytics platform.
The seemingly endless stream of maritime blockchain projects has had another addition with the launch of a new cryptocurrency called SHIPs (Shipping Industry Participations), which aims to tokenise marine assets to allow them to be traded in small chunks, opening up the asset financing market to a wider range of smaller participants.
300cubits, founder of the TEU cryptocurrency aimed at the global shipping sector, says that it aims to begin distributing free crypto tokens to industry stakeholders from February 2018, as talks continue with major container lines.
BizView Systems, a developer of planning and analysis software, has agreed a partnership with Eiger Marine to extend its reach into the shipping and oil & gas industries.
Oslo-based Xeneta, a provider of benchmarking and market intelligence systems for containerised ocean freight, is calling for the introduction of ‘commodity’ status for shipping containers, to help the market adjust to rock-bottom rates.
A new payment system from Inchcape Shipping Services (ISS) and Brightwell Payments has been launched, designed to simplify crew payments and remove the need for cash on vessels.
DNV GL grew revenues by 10 per cent in 2014, the group’s first full financial year since the 2013 merger of the Norwegian and German classification societies (DNV and GL).
NSR's latest Maritime Satcom Markets Report predicts significant growth in the sector over the next decade, with both HTS and FSS capacity driving annual revenues as high as $5.2 billion by 2024.
A new survey has revealed the increasing use of energy efficiency data by banks when considering whether or not to finance the building and retrofits of vessels.
Paperless trade provider essDOCS reports that the first ever CargoDocs Bank Payment Obligation Plus (BPO+) transaction has taken place, facilitating an iron ore shipment from Australia to China.
Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.
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