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I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. But rather than focusing on the tragedy, I’d prefer to look at the silver lining.
Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year.
In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review. Inadequate shore-side support and commercial pressures have an important role to play in maritime safety and risk exposure.
According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. million per event.
I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. I’d also like to thank Clint Reiser, Mike Guilfoyle, and Andy Chatha. from May’s 2.24
This is an important part of maritime laws and regulations that safeguard the safety of ocean faring vessels, sea ports, seamen, crew and cargo. ISPS code regulations were introduced by the International Maritime Organization (IMO) on the 1st of July 2004. Analysis of information collated. SSO – Ship Security Officer.
Almost two years ago with knowledge of the problems of the freight industry and some rough ideas of how to solve them, we’ve been able to plot, survey, and develop the systems we’ve now launched. Our long term vision is to be the underlying platform for every logistics transaction – maritime, air, truck, and rail.
Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. Now, in a post-pandemic world, when equipment supply has become less challenging, LCL shipping continues to play this important role in additional ways.
said Cathy Morrow Roberson, Founder and President of Logistics Trends & Insights LLC during a webinar organised by Container xChange on the Chinese New Year analysis and predictions. Out of the 73% saying that they do foresee an impact, 65% were freight forwarders and the rest were supply chain professionals in general.
As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook. People don’t agree on what will happen to prices and the number of products being shipped, and different companies are using different strategies to handle these uncertainties.
A few years ago when we conducted a customer survey, we asked: Would you rather prefer to deal with your key account manager to provide you with the shipment updates or would you prefer to utilize online solutions to check? From the customer and BCO standpoints, these are great developments. Conclusion.
Most of the experts surveyed foresee that inflation and recession will have a greater impact this year and will be the biggest driver of disruptions. ‘‘Due In this regard, the industry’s major concern will be on having systems interact directly via automating the Data-Analysis-Decision-Action cycle.
The in-depth, qualitative research was conducted by The Retail Hive and included one to one interviews, as well as survey-based research with 58 retail supply chain leaders.
A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. The underlying logistics regulations, political stability and compliance are biggest challenges. Managing a decentralized supply chain is more complex than dealing with single supplier or country of origin.
Current surveys show that in Germany, for example, on average only one in ten companies is able to respond to a serious disaster within 24 hours. Supply chain champions usually start with an analysis, looking at the areas in which risks are suspected and what impact these could have on the company’s performance.
Global maritime commerce gathered momentum two years ago and raised sentiment in the shipping industry,” says Frida Youssef , UNCTAD’s trade analyst. There’s little doubt that trade wars in these arenas could reshape global maritime trade patterns and dampen UNCTAD’s cautiously optimistic forecast. Rate uplift. Balancing act.
Arecent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35% 35% of ports reported an increase in utilisation of warehousing and distribution facilities for foodstuffs and medical supplies, with some ports reporting capacity shortages,” the analysis shows.
But a more measured analysis comes from the consultancy AlixPartners , which has produced a body of research suggesting that there may still be more problems than solutions in the short term. Esben Christensen , global co-head of AlixPartners’ maritime practice, says that he has his doubts about a reversal of fortune, however.
The National Retail Federation (NRF) published survey results citing 84% of the respondents have mentioned plans to celebrate. The last few months have been especially challenging for maritime transport. Want A Free Supply Chain Analysis? Get a Free Supply Chain Analysis. Cross Distribution Analysis.
Maritime analysts at Xeneta , a global benchmarking and market intelligence platform based in Oslo, Norway, note that carriers operating in the trans-Pacific have been able to make their general rate increases (GRIs) stick through early autumn. Hamburg Süd, Hyundai Merchant Marine and OOCL were the three highest ranked carriers in 2018.
According to an American Shipper survey of marine traffic ship-position data, together with the latest queue lists from California ports, there were 27 container vessels off the West Coast and 72 off the East and Gulf coasts as of the end of last week. Speaking of container ships, global brands pledge to eliminate maritime emissions by 2040.
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