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Partnership announce Cohort for Washington’s first maritime accelerator launching January 2020

Accelerator to be housed and run by WeWork Labs in Seattle. Cohort launch event, open to the public, set for the evening of January 21, 2020

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Partnership announce Cohort for Washington’s first maritime accelerator launching January 2020
Partnership announce Cohort for Washington’s first maritime accelerator launching January 2020. Image: Port of Seattle

Accelerator to be housed and run by WeWork Labs in Seattle. Cohort launch event, open to the public, set for the evening of January 21, 2020

reviewing over 100 applications, Washington Maritime Blue, the Port of Seattle, and WeWork Labs are excited to announce the 11 companies selected to participate in a highly competitive, impact-focused maritime accelerator that will launch in January 2020, with a formal launch event to be held on the evening of January 21.

In October, Maritime Blue, the Port, and WeWork Labs announced their plan to launch Washington’s first maritime accelerator to help spur the innovation necessary to build a thriving maritime economy for generations to come.

These selected startups will benefit from intensive programming provided by WeWork Labs over an accelerated 4-month period. In addition to being housed at WeWork Labs, startups will receive access to the WeWork Labs global network of mentors and advisors, be a part of unique programming, and have the opportunity to connect with the larger WeWork community. In addition, the cohort will have additional mentorship opportunities, drawing on Maritime Blue’s coalition of industry experts, as well as “pilots with enterprises” demonstration and sales opportunities, and vast connections to the global maritime industry.

Innovation across Washington’s maritime sector is critical for a thriving economy and in the fight to protect our planet and ocean life. These challenges loom large and demand more intentional efforts to ensure solutions are sought by a broader cross-section of companies and individuals, utilizing innovative approaches, such as a maritime accelerator.

We are excited to announce that the following 11 companies will be participating in our world-class Maritime Blue Innovation Accelerator program:

Beam Reach

Beam Reach catalyzes marine research and education about the oceans, bioacoustics, and sustainability across the critical habitat of the endangered orcas — from northern California to British Columbia — with focus on Puget Sound and the Salish Sea to empower future generations to protect our orca population.

Discovery Health

Discovery Health MD offers a suite of services to improve health at every stage of a mariner’s career, reduce an employer’s risk exposure, and alleviate the fear and anxiety of providing medical care at sea.

ecoSpears

ecoSPEARS is a cleantech solutions company utilizing green, NASA-developed environmental technology for the cost-effective, sustainable, and permanent extraction and destruction of persistent environmental toxins.

eOceans

eOceans is building data and analytical software to make sure Ocean science can keep pace with business, society and ocean change.

Equll

Equll’s digital platform helps eliminate waste and inefficiencies through technological solutions that directly connect Truck Owner Operators and Shippers by automating the entire process with no hassle.

Net Your Problem

Net Your Problem provides fishing gear recycling services to fishermen and fishing companies. The collected gear is upcycled into raw plastic that’s transformed into a variety of products such as kayaks, bathing suits, carpets, and office furniture.

oneTank

oneTank markets, sells, assembles, tests, and delivers oneTank: the simplest, smallest, lowest consumption, and least-cost ballast water treatment system.

OneForNeptune

OneForNeptune is changing the food industry with healthy, high-protein snack foods made from sustainable seafood products.

Pure Watercraft

Pure Watercraft develops high-performance electric outboard motors & battery packs to enable a new era of enjoyable, accessible, environmentally-friendly boating.

SPBES

SPBES provides high power lithium-ion energy storage to hybridize or electrify heavy industrial equipment. Purpose engineered for the rigors of the commercial maritime industry, SPBES is safer and longer-lasting than any other product on the market.

MER Equipment

MER Equipment is building a new engine exhaust gas after-treatment system which reduces fuel consumption while also decreasing nitrogen oxides particulate matter. This technology is a lighter, smaller, less costly alternative to diesel engines.

To learn more about each of these companies and how Maritime Blue and the Port of Seattle plan to leverage this pilot for scalable, long-term impact, we invite you to join us on January 21, 2020, from 5 p.m.–7 p.m. More details, including location, to follow.

Applicants were reviewed and selected by the Washington Maritime Blue Innovation Advisory Committee who considered, among others, three core areas of focus for the Port and Maritime Blue: help maritime companies innovate and grow, establish Washington as a global leader in maritime innovation, and increase the sustainability and conservation impact of maritime businesses in both Seattle and beyond.

Across the companies, this cohort will focus on advancing decarbonization, environmental remediation, maritime workforce protections, sustainability, electrification, digitization, and conservation education.  These founders come from a variety of stages in their startup journey, from pre-launch to launched to high growth. Over 30 percent of the companies are female-founded, and 70 percent are headquartered here in WA state.

Container Shipping Lines

CMA CGM introduces NETWORKING INTERMEDIATION SERVICES, a unique, unprecedented solution for business networking

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CMA CGM introduces NETWORKING INTERMEDIATION SERVICES, a unique, unprecedented solution for business networking. Image: Wikimedia/ Hummelhummel
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The CMA CGM Group, a world leader in shipping and logistics, is pleased to announce the launch of NETWORKING INTERMEDIATION SERVICES, the first and only business matchmaking solution on the market.

NETWORKING INTERMEDIATION SERVICES, a unique, unprecedented solution to accelerate business growth for the CMA CGM Group’s customers

In line with its Customer Centricity strategy, CMA CGM is committed to providing customized support to its clients as they pursue international expansion and business development. With NETWORKING INTERMEDIATION SERVICES, the Group gives them the ability to expand their activity worldwide, to create new business opportunities and to find the suppliers or customers that best meet their needs.

The CMA CGM teams are available to help the Group’s clients:

  • Find trustworthy partners;
  • Diversify their customer and/or supplier portfolio;
  • Reach new markets;
  • Leverage alternative business opportunities;
  • Reduce the cost, time and effort associated with business development;
  • Find better quality products and more advantageous terms.

CMA CGM leverages its trusted network for ever more innovative solutions

NETWORKING INTERMEDIATION SERVICES is backed by the unique network of the CMA CGM Group. Present in 160 countries through its 755 offices, the Group deals with companies operating in a wide variety of business sectors: textile, food, agriculture, manufactured goods, industrial equipment, etc.

A dedicated team based at the Group’s head office in Marseille screens its clients to find the most reliable, driven and dynamic business partners. To ensure adherence to the highest standards, potential partners must meet the following criteria to participate in NETWORKING INTERMEDIATION SERVICES:

  • Have a business expansion plan;
  • Have a long-term relationship with CMA CGM;
  • Comply with the CMA CGM Code of Ethics;
  • Demonstrate sound management (clear of liabilities and outstanding payments to CMA CGM).

The business matchmaking occurs in three main stages:

  • The client tells the CMA CGM team about its business goals;
  • CMA CGM presents them with a list of potential new business partners;
  • The two potential partners begin negotiating to develop their activity. The exporter only incurs fees if an agreement is signed.

Marking the launch of NETWORKING INTERMEDIATION SERVICES, Mathieu Friedberg, Senior Vice President – Commercial & Agencies Network, CMA CGM Group, declares:

With NETWORKING INTERMEDIATION SERVICES, the CMA CGM Group is leveraging the trusted network it has built over the course of its 40-plus years of experience. By helping our customers grow with ever more innovative solutions, we are reaffirming our desire to put clients at the heart of our strategy.

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Container Terminal

Swissterminal and DP World enter strategic partnership

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Swissterminal and DP World enter strategic partnership. Image: DP World
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DP World and Swissterminal Holding AG, the leading container terminal operator in Switzerland, have entered a strategic partnership.

With effect from 20 January 2020, DP World has taken a stake of 44% in Swissterminal Holding AG with the Mayer family, who founded the business, remaining the majority shareholder. The parties have agreed not to disclose financial details of the transaction.

Swissterminal, which is headquartered in Frenkendorf close to Basel, operates additional locations in Zurich-Niederglatt, Basel-Birsfelden, Basel-Kleinhueningen and Liestal. The terminals are well connected to Europe’s leading container ports in Rotterdam and Antwerp as well as the ports of La Spezia, Genoa, Ravenna and Trieste south of the Alps.

DP World has grown from its roots in Jebel Ali Port in Dubai to be a leading global trade enabler offering end-to-end logistics to cargo owners through its network of 150 operations in more than 50 countries including ports, economic zones, warehousing, feeder services and inland transport.

Focusing on faster growing markets and key trade routes DP World is developing technology to remove inefficiencies in the supply chain. Through DP World Inland, the company is well established in the German and Belgian inland markets and operates four terminals including trimodal transport systems supporting trade flows to connect to the northern range seaports in Europe.

The Swissterminal and DP World partnership is expected to deliver a strong competitive advantage and enhance the industry-leading position of both companies. The cooperation is anticipated to expand the companies’ terminal networks, increase efficiency and grow their service portfolios. With the transaction, no major structural changes within the respective companies are planned, and Roman Mayer will continue to serve as Swissterminal’s CEO.

Dr Martin Neese, Managing Director of DP World Logistics, said: “We are excited to invest in an innovative container terminal operator with extensive industry know-how, committed employees and strong values. The strategic partnership with Swissterminal strengthens DP World’s position as a leading provider of inland supply chain solutions. Swissterminal is a perfect match to our existing inland and seaport operations in Europe. We look forward to developing new intermodal solutions together for the benefit of our customers”.

“We are delighted to welcome DP World as our partner, particularly at a time when we are seeing numerous opportunities for Switzerland to grow its success as a major global logistics hub,” said Roman Mayer, CEO Swissterminal AG.

“By merging our family-owned business with such a large, international organisation which shares our long-term vision, we will be well-equipped to deliver long-term sustainable growth and cater to a changing industry landscape”, he added.

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Maritime

Collaboration key to port’s future

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Collaboration key to port's future. Image: Port of Long Beach
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The Port of Long Beach navigated a trade dispute with China, new technology and evolving trade routes in 2019, culminating in its second-busiest year on record by moving more than 7.6 million twenty-foot equivalent units, Executive Director Mario Cordero announced Wednesday at the annual State of the Port address.

Cordero was introduced by Long Beach Harbor Commission President Bonnie Lowenthal in front of an audience of more than 750 industry partners, community members and civic leaders gathered at the Long Beach Convention Center Grand Ballroom.

As a leader in environmental sustainability and community engagement, Lowenthal said the Port is poised to have a prosperous 2020 despite dramatic changes within the goods movement industry.

“Ours is the task of promoting trade so that this city, region, state and nation can thrive,” Lowenthal said. “It’s our responsibility to see that Port resources are used wisely to keep us competitive and a leader in goods movement.”

The Port wrapped up 2019, its second-busiest year on record, with 7,632,032 twenty-foot equivalent units (TEUs) moved, a decrease of 5.7% from the record-setting pace logged in 2018. Imports slid 8.3% to 3,758,438 TEUs. Exports totaled 1,472,802 TEUs, down 3.3%, while empties decreased 2.8% to 2,400,792 TEUs.

Terminal operators and dockworkers moved 665,261 TEUs in December, a 10.3% decline compared to December 2018. Imports were down 13.4% to 323,231 TEUs. Export TEUs jumped 10.6% to 125,395 units, while empties dropped 15.1% to 216,635 TEUs.

Looking ahead into 2020, Cordero sounded an optimistic note of “better times ahead” and progress on trade war discussions, while also pointing out the challenges of lagging business investment and continued uncertainty in the industry.

“At the end of the day, we need to be ready for whatever may come,” Cordero said in his speech. “We need to compete, we need to innovate, we need to lead. And most of all, we need to collaborate.”

The best way to do that, Cordero said, is to distinguish Long Beach as the Port of Choice by working toward operational excellence with labor, shipping companies, ocean carriers, truckers and other industry partners.

Key projects launched over the past decade are nearing completion, including the replacement for the aging Gerald Desmond Bridge. The new cable-stayed span is scheduled to open to traffic later this year.

Additionally, construction is scheduled to wrap up in 2021 on the final phase of the Long Beach Container Terminal, creating the greenest, most technologically advanced terminal in North America. Over the next decade, the Port also plans to invest an additional $1 billion in rail improvements that will speed the flow of goods across the country while reducing local road traffic.

Cordero on Wednesday also unveiled a new logo for the Port, aimed at conveying a message of operational excellence, and a commitment to partnership with industry and the community.

And coming soon, the Port will launch a completely redesigned website, making it easier for businesses and the community to interact with the Port and find essential information. The new polb.com will be mobile-friendly and easy to navigate and search, featuring stunning imagery and new interactive features.

The Port of Long Beach’s 2019 TEU totals are available at this link. December 2019 detailed statistics are here.

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