Friday, 19 May 2017

Serious accident that occurred this past Wednesday at the Santa Apolonia Container Terminal in Lisbon.

From a friend in Portugal, Blueoceana Company has received word of a serious accident that occurred this past Wednesday at the Santa Apolonia Container Terminal in Lisbon.
Our understanding, is that an over-the-road truck driver sideswiped (apparently at significant speed) a yard tractor moving with an empty chassis. While it looks like a failure to yield the right of way at an intersection (see attached photos), we won't hazard a guess. 
Our source indicates that, miraculously, there were no injuries. Had the collision occurred on the operator's side of the yard tractor, the result would have likely been fatal.

Seja cuidadoso para fora lá!

Thursday, 18 May 2017

OOCL reaches milestone with the christening of the OOCL Hong Kong

OOCL proudly announced the naming of our latest containership, the OOCL Hong Kong, at a christening ceremony held at the Samsung Heavy Industries (SHI) shipyard on Geoje Island today.  The OOCL Hong Kong was also celebrated as one of the largest containerships in the world by carrying capacity, and will be a welcome addition to strengthening the OOCL fleet this year.
In his ceremonial remarks, Mr. C. C. Tung, Chairman of Orient Overseas (International) Limited addressed the importance of this occasion for the company. “This is a very exciting time for all of us because today marks the first time that OOCL is receiving newbuildings in the 21 thousand TEU size.  In fact, the OOCL Hong Kong will be a titan among containerships at sea, with a carrying capacity at 21,413 TEU.  An important milestone for us at OOCL indeed.”
“While our industry seems to have the knack to ‘out do’ one another in building larger containerships relatively quickly these days, this project is nonetheless an important moment for us.  Faced with increasing competition and un-ending pressure on costs, we need to take the bold step in operating larger size ships of quality and high efficiency in order to stay relevant and compete effectively as a major container shipping company.”
The last time that OOCL set the world record for the largest containership was back in April 2003 with the OOCL Shenzhen, an 8,063 TEU vessel, also built at the SHI shipyard.
In thanking the shipbuilder and commenting on the business partnership over the years, Mr. Tung said: “We are very delighted to be on this journey together with our long-time partner and key shipbuilder of our large size ship fleet.  Over the years, we have always appreciated the high quality and reliability of your products, which is absolutely essential for us to providing a top quality service. This is a major undertaking for us to build a containership of this size, requiring a lot of effort, commitment and coordination.”
Among our distinguished guests at the ceremony we were very honored to have with us our Vessel Sponsor, Mrs. Mylene Seah, her husband as our Guest of Honor, Mr. Peter Seah, Chairman of DBS Bank, as well as his colleagues representing the bank.
Three years ago, the support that DBS provided towards the financing of our ships marked a wonderful expansion in our work with the bank, and we are very grateful that we could once again continue our collaboration through the financing work for the OOCL Hong Kong.
“Your recognition and faith in OOCL as a business partner is a huge encouragement to us as the company continues to build the business from strength to strength by delivering exceptional products and services to customers, maintaining a healthy financial position and building a world class fleet,” said Mr. Tung in expressing his gratitude to DBS Bank.
In his remarks at the ceremony, Mr. Seah also thanked OOCL for the collaboration over the years and for the invitation to the celebration.  “Mylene, my colleagues and I are honored to be invited today for the launching and naming of OOCL’s latest vessel, OOCL Hong Kong.  This marvelous 21,413 TEU containership, the first vessel in the world to cross the 21,000 TEU mark, will further strengthen OOCL’s fleet of vessels that place them among the world’s most successful shipping companies.  I wish OOCL continued success in all your business endeavours, and for OOCL Hong Kong, I wish you smooth sailing and full loading for every single voyage!”

(L-R) Mr. D. Y. Park, CEO of Samsung Heavy Industries; Mr. C.C. Tung, Chairman of OOIL; Mrs. Harriet Tung, wife of Mr. C.C. Tung; Mrs. Mylene Seah, Sponsor of OOCL Hong Kong; Mr. Peter Seah, Chairman of DBS Bank
The OOCL Hong Kong will be serving the Asia-Europe trade lane on the LL1 service and her port rotation is: Shanghai / Ningbo / Xiamen / Yantian / Singapore / via Suez Canal / Felixstowe / Rotterdam / Gdansk / Wilhelmshaven / Felixstowe / via Suez Canal / Singapore / Yantian / Shanghai in a 77-day round trip.
                                                                Vessel Particulars
“Orient Overseas Container Line” and “OOCL” are trade names for transportation provided separately by: Orient Overseas Container Line Limited (“OOCLL”) and OOCL (Europe) Limited respectively and both are wholly-owned subsidiaries of Orient Overseas (International) Limited, a public company (0316) listed on the Hong Kong Stock Exchange.  Headquartered in Hong Kong, OOCL is one of the world’s largest integrated international container transportation and logistics companies, with more than 330 offices in 70 countries. Linking Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand, the company offers transportation services to all major east/west trading economies of the world. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. It is also an industry leader in the use of information technology and e-commerce to manage the entire cargo process. (
Source: OOCL

47% Of All Jobs Will Be Automated By 2034, And ‘No Government Is Prepared’ Says Economist

Michael Rundle HuffPost UK Technology Editor


Almost half of all jobs could be automated by computers within two decades and “no government is prepared” for the tsunami of social change that will follow, according to the Economist.
The magazine’s 2014 analysis of the impact of technology paints a pretty bleak picture of the future.
It says that while innovation (aka “the elixir of progress”) has always resulted in job losses, usually economies have eventually been able to develop new roles for those workers to compensate, such as in the industrial revolution of the 19th century, or the food production revolution of the 20th century.
But the pace of change this time around appears to be unprecedented, its leader column claims. And the result is a huge amount of uncertainty for both developed and under-developed economies about where the next ‘lost generation’ is going to find work.
It quotes a 2013 Oxford Martin School study that estimates 47% of all jobs could be automated in the next 20 years:
“Our findings thus imply that as technology races ahead, low-skill workers will reallocate to tasks that are non-susceptible to computerisation – i.e., tasks requiring creative and social intelligence. For workers to win the race, however, they will have to acquire creative and social skills,” that study says.
The Economist also points out that current unemployment levels are startlingly high, but that “this wave of technological disruption to the job market has only just started”.
Specifically the Economist points to new tech like driverless cars, improved household gadgets, faster and more efficient online communications and ‘big data’ analysis to areas that humans are quickly being superceded. And while new start-ups are raising billions, they employ few people - Instagram, sold to Facebook in 2012 for $1 billion, employed just 30 people at the time.
Those conclusions are echoed elsewhere. Another study (‘Are You Ready For #GenMobile?’), to be released in full on 21 January by Aruba Networks, points out just how fast traditional working models are changing.
It says that 72% of British people now believe they work more efficiently at home, and that 63% need a WiFi network to complete their tasks - not bad for a technology that was barely standardised 10 years ago.
Meanwhile in ‘The Second Machine Age’, out this week, Erik Brynjolfsson and Andrew McAfee argue workers are under unprecedented pressure by the automation of skilled and unskilled jobs.
In a recent Salon interview Brynjolfsson said: “technology has always been destroying jobs, and it’s always been creating jobs, and it’s been roughly a wash for the last 200 years. But starting in the 1990s the employment to population ration really started plummeting and it’s now fallen off a cliff and not getting back up. We think that it should be the focus of policymakers right now to figure out how to address that.”
The BBC also produced a report earlier this month which claimed, in stark tones, that “the robots are coming to steal our jobs”.
“AI’s are embedded in the fabric of our everyday lives,” head of AI at Singularity University, Neil Jacobstein, told the Beeb.
“They are used in medicine, in law, in design and throughout automotive industry.”
That report too pointed out the change will affect jobs of all kinds - from a Chinese factory Hon Hai which has announced plans to replace 500,000 workers with robots in three years, to lawyers, surgeons and public sector workers.
Opinions remain divided on the impact and future of technological innovation on the jobs market, and wealth inequality. The Economist leader argues that governments have a responsibility to innovate in education, taxation and embracing progress, though the solutions are by no means obvious or without uncertainty.
If only we could automate the process of making and implementing those political decisions - now that would really be something.