Author: Procurement-Newz

  • Samsung Heavy Industries picks AWS to develop autonomous shipping

    Samsung Heavy Industries picks AWS to develop autonomous shipping

    [ad_1] Samsung Heavy Industries selected AWS as its preferred cloud provider. Samsung Heavy Industries is developing an autonomous smart shipping system to enable the self-piloting of large container ships, LNG carriers, and floating production systems. The company will use the breadth of AWS’s services, including machine learning, augmented reality and virtual reality, analytics, databases, compute,…

  • Vietnam Climbs 25 Places in World Bank’s Logistics Index

    Vietnam Climbs 25 Places in World Bank’s Logistics Index

    [ad_1] Vietnam jumped 25 spots in the World Banks’s Logistics Performance Index 2018, ranking 39th among 160 countries. Amongst all the major components that were analyzed for comparisons, the highest improvement was seen in Tracking and Tracing and Logistics Competence which rose by 41 and 29 levels respectively. Logistics Performance Index The Logistics Performance Index…

  • China MEG firming up on robust demand, depleting inventory

    China MEG firming up on robust demand, depleting inventory

    [ad_1] SINGAPORE (ICIS)–China’s domestic monoethylene glycol (MEG) prices are on an uptrend supported by demand from better-than-expected downstream polyester fiber market, decreasing port inventories and continuous depreciation of Chinese yuan. On 3 August, large deals were concluded at yuan (CNY) 7,820-7,940/tonne in east China, up by nearly 10% from early June values. Downstream polyester filament…