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Greek startup Harbor Lab welcomed in June its 300th vessel to its online disbursements platform. The achievement was realised 15 months after the software company launched its disbursements accounting (DA) processing solution for the shipping industry, which gives vessels’ operators access to agents and vendors at ports across the globe reducing back office administration by 75%.
29th June 2020
Signal marks the second anniversary of platform launch by unveiling its future plans
Client news
Two years since the official launch of The Signal Ocean Platform at Posidonia 2018, Signal reflects on its recent milestones and unveils its plans for the future.
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is run out of Singapore and led by Chris Jones, the Baltic Exchange’s Head of Asia who is a former Sale & Purchase shipbroker with over 40 years of experience.
Busan Port aims to handle 13 million TEU of trans-shipment cargo by 2020 ranking it number two in the world.
The Korean Ministry of Ocean and Fisheries together with the Busan Port Authority announces a long-term vision and strategy to develop Busan Port into a global trans-shipment hub port.
In recent years trans-shipment cargo at Busan has grown by 10% (average) year-on-year while local cargo has increased by 4.2%. In 2014, trans-shipment activities overtook local cargo operations for the first time in the port’s history with trans-shipment accounting for 50.5% (9.43 million TEU) up from 31.7% in 2000.