No short-term tariff issues for Asian carriers

Carriers and logistics companies are playing down the impact of the trade war between China and the US according to senior executives at the Asian Logistics and Maritime Conference.

In the short term the forecast is that there will be a spike in demand on transpacific routes in late 2018 as shippers try to beat a 1 January 2019 deadline for new tariffs.

Maersk will deploy more capacity on the trade to meet demand at present, however, after Chinese New Year in 2019 there will probably be a longer quiet period in the market than normal.

Seatrade Maritime News


NYK crew to be paid in digital currency in 2019

Nippon Yusen Kaisha (NYK) is to pay its crew with a digital currency in the first quarter of 2019, according to a report in Bloomberg.

Payment will be made using smartphones, pending a patent on the technology and then and the service will be offered to other owners and managers.

The digital currency will be pegged to the US dollar and may use blockchain or a cryptocurrency variant.

Splash 24/7


Next-gen drones will fly like birds

Researchers from RMIT University in Melbourne and ISAE-Supaéro in Toulouse are predicting that the next generation of unmanned drones will fly like birds.

The researchers say that drones will be able to sense wind gusts and thermals to gain speed or altitude, just as birds do.

Dr Abdulghani Mohamed, of RMIT’s Unmanned Aircraft Systems (UAS) research team, said: “The results of our gust soaring system were remarkable and represent a big leap in energy harvesting for drones.”

Logistics and Materials Handling