US retail post-tariff imports stay strong
Following the latest round of tariffs imposed by the US, the National Retail Federation (NRF) said that imports of retail goods remained strong according to its recent Globe Port Tracker report.
Jonathan Gold, vice president of Supply Chain and Customs Policy for the NRF said, “Retailers are continuing to import merchandise in order to meet consumer demand even though tariffs are now in place on roughly half the goods imported from China and the trade war is still escalating.
OOCL to switch to low sulphur fuel in 2019
OOCL has announced it will switch to low sulphur fuel in 2019, ahead of the IMO mandated 2020 deadline for carriers to use the lower polluting bunker oil.
The Hong Kong-based carrier said that using the new fuel will add US$500 million to its annual fuel bill which it will pass on to its customers. OOCL follows Maersk, MSC and Hapag Lloyd in introducing a bunker recovery mechanism.
Rolls-Royce forms autonomous ship alliance with Intel
Roll-Royce will partner with Intel to help develop autonomous container ships. The partnership will involve installing Intel processors on board ships with data centres on shore.
“This collaboration can help us to develop technology that supports ship owners in the automation of their navigation and operations, reducing the opportunity for human error and allowing crews to focus on more valuable tasks,” said Kevin Daffey, director of engineering and technology and ship intelligence for Rolls-Royce.