The transport industry – particularly air and sea – has taken one step further towards online pricing, and a subsequently improved relationship with forwarders, according to carriers. Cargosphere has launched eSUDS Connector, a universal rate structure and API (application programming interface) for ocean carriers to offer digital rate distribution to customers. The connector enables shipping.

UAE-based Abu Dhabi Ports’ subsidiary Maqta Gateway has partnered with UAE telecom company Etisalat to support digital innovation and connectivity in ports. The partners will explore different technologies such as cloud computing, the Internet of things (IoT) and big data. The partnership will focus on knowledge sharing, shared electronic project and network development, as well.

South Korea has embarked on an autonomous ship project by investing 160 billion won ($130 million), seeking to boost the domestic eco-friendly and smart shipping industry and achieve a 50 percent global market share by 2030. The Industry Ministry and the Oceans Ministry announced Wednesday that the project they are jointly pursing has passed the.

A single cyber attack on major ports across Asia-Pacific could cost $110bn, and the global economy is ill-prepared for such an attack, according to a new research released by Lloyd’s. The losses could occur in an extreme scenario in which a computer virus infects 15 ports across Japan, Malaysia, Singapore, South Korea and China, according.