Port of Busan

Seadronix unveils All New NAVISS for smart ship at a global maritime exhibition

Retrieved on: 
Wednesday, August 31, 2022

Seadronix will exhibit its "AI-based Navigation Monitoring System" (NAVISS) and "AI-based Berthing Monitoring System" (AVISS) at the event.

Key Points: 
  • Seadronix will exhibit its "AI-based Navigation Monitoring System" (NAVISS) and "AI-based Berthing Monitoring System" (AVISS) at the event.
  • Instant recognition of nearby objects, such as small boats and even humans, was made possible by Seadronix advanced AI technology.
  • Byeolteo Park, CEO, said, "Unveiling NAVISS to global shipbuilders and shipping companies at this renowned exhibition is a big opportunity for us to enter the global market."
  • He added, "As a leading AI company with solutions for autonomous navigation in Korea, Seadronix will present the excellence of its AI technology and innovative products at the exhibition."

Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain

Retrieved on: 
Thursday, August 18, 2022

The RCEP Seaborne Trade Index Report 2022 took the 14 member countries except for Laos of the RCEP as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, petroleum products, LNG, and automobiles, which accounted for about two-thirds of the RCEP seaborne trade volume, as the analysis objects to reflect the annual development trend of the RCEP seaborne trade from the two dimensions -- overall trade volume and seaborne trade volume. The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019). The report also pointed out that it would have a positive effect on the seaborne trade of goods in the region in the future, driving the RCEP Seaborne Trade Index to further go up, with the liberalization and facilitation of RCEP trade in goods as well as the continuous deepening of the rules for accumulation in the region of origin.

Key Points: 
  • Experts believed that the high-standard interconnection infrastructure for the industrial chain and supply chain could be provided by accurately depicting the changes in port commodity trade as well as achieving the efficient linkage among port shipping, commodities, and trade.
  • Ningbo-Zhoushan Port, Qingdao Port, Shenzhen Port, and Busan Port were rated as Class B.
  • Xinhua-SPG Port Commodity Index was jointly developed and compiled by Shandong Port Group and China Economic Information Service.
  • The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019).

Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain

Retrieved on: 
Thursday, August 18, 2022

The RCEP Seaborne Trade Index Report 2022 took the 14 member countries except for Laos of the RCEP as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, petroleum products, LNG, and automobiles, which accounted for about two-thirds of the RCEP seaborne trade volume, as the analysis objects to reflect the annual development trend of the RCEP seaborne trade from the two dimensions -- overall trade volume and seaborne trade volume. The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019). The report also pointed out that it would have a positive effect on the seaborne trade of goods in the region in the future, driving the RCEP Seaborne Trade Index to further go up, with the liberalization and facilitation of RCEP trade in goods as well as the continuous deepening of the rules for accumulation in the region of origin.

Key Points: 
  • Experts believed that the high-standard interconnection infrastructure for the industrial chain and supply chain could be provided by accurately depicting the changes in port commodity trade as well as achieving the efficient linkage among port shipping, commodities, and trade.
  • Ningbo-Zhoushan Port, Qingdao Port, Shenzhen Port, and Busan Port were rated as Class B.
  • Xinhua-SPG Port Commodity Index was jointly developed and compiled by Shandong Port Group and China Economic Information Service.
  • The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019).

Linking ports, bulk commodities and trading with indexes, providing a "bellwether" for the development of the industry

Retrieved on: 
Wednesday, October 27, 2021

The first phase of the index focused on Northeast Asia, and 17 ports in China, Japan, South Korea and Russia were selected as the sample ports.

Key Points: 
  • The first phase of the index focused on Northeast Asia, and 17 ports in China, Japan, South Korea and Russia were selected as the sample ports.
  • Xinhua-Shandong Port Bulk Commodity Index was developed and established by Shandong Port Group Co., Ltd. in collaboration with China Economic Information Service.
  • The purpose is to truly reflect the fluctuation trend of port bulk commodity market, and provide a value benchmark and effective reference for port trade activities.
  • With constant efforts made to build an index information platform of "seeing Shandong for port bulk commodities", it will provide accurate positioning and comprehensive data reference for the bulk commodity market.

Linking ports, bulk commodities and trading with indexes, providing a "bellwether" for the development of the industry

Retrieved on: 
Wednesday, October 27, 2021

The first phase of the index focused on Northeast Asia, and 17 ports in China, Japan, South Korea and Russia were selected as the sample ports.

Key Points: 
  • The first phase of the index focused on Northeast Asia, and 17 ports in China, Japan, South Korea and Russia were selected as the sample ports.
  • Xinhua-Shandong Port Bulk Commodity Index was developed and established by Shandong Port Group Co., Ltd. in collaboration with China Economic Information Service.
  • The purpose is to truly reflect the fluctuation trend of port bulk commodity market, and provide a value benchmark and effective reference for port trade activities.
  • With constant efforts made to build an index information platform of "seeing Shandong for port bulk commodities", it will provide accurate positioning and comprehensive data reference for the bulk commodity market.