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To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.
Supply Chain Dive has developed a new cargo tracker on its website where users can track cargo activity at US ports and read the latest port-related articles. Recent additions to the page, for example, show that March cargo volumes increased 8% in Long Beach YOY and 19% in Los Angeles YOY.
Maritime Law Maritime law deals with the treaties, conventions, and laws related to nautical matters, especially private maritime business. Important Points: Maritime law deals with private maritime issues, offenses, disputes, and other similar matters. Originally, admiralty laws were specific to the Royal Navy.
Port congestion poses significant challenges to global supply chains, maritime trade, and overall economic efficiency. In this article, we’ll explore how these technologies can make a difference and enhance port operations. For example, predictive analytics can alert maintenance teams to potential issues with cranes or conveyor belts.
The ongoing negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), might not reach a resolution before the current contract expires tonight, September 30th. These ports handle approximately 43% of all U.S.
This article will focus on one particular commodity that is strategically significant to all militaries that if disrupted in war severely constrains the likelihood of operational success. These two examples highlight the dependency on just one facility as the main source for a military-specific product. Transportation.
The below article by Mikael Lind , Research Institutes of Sweden (RISE), Jonathan C. The ship broker will also benefit from new business opportunities arising from digitalization, such as having more up-to-date information about, for example, the status, position, and condition of ships to be sold and/or available for charter.
This plate has several key details including allowed maximum gross weight as per below example. Using the above plate as an example, a container that has been loaded more than the allowed weight – in this case, 32,500 kgs including the tare weight of the container, will be considered as OVERWEIGHT. Few examples below.
That’s a massive problem for SMEs, for example, that last year might have been paying $4,000 to $5,000 (USD) to ship a 40-foot container from Asia to North America, and now face rates of $20,000 and above. The maritime shipping leg the country of export to the country of import.
For example, the New York Times is out with a new article on wind energy and how it can help shipping in the near future as climate change becomes a major focus. Could wind power help power tomorrow’s shipping vessels as shippers look to become more environmentally-friendly?
However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. In this article, Peregrine Storrs-Fox, Risk Management Director of TT Club writes about the importance of declaring correct cargo details and consequences of cargo misdeclaration.
For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. increase from 2020. The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021.
For the differences between freight forwarders and NVOCCs, please read this article. There are multiple reasons for this, and to learn more read this great article by MTS Logistics Executive Vice President M. Things change easily and the logistics supply chain is still fragile and affected by unexpected events worldwide.
For the purposes of this article, we will consider this port to be Durban. I have used Bay 09/11 (10) and Bay 13/15 (14) as an example here. Article republished with some critical updates. Definitions : Profile – is the cross-sectional view of the entire ship covering both the deck and under-deck of the ship. Confused.??
This article explores the implications of the port congestion surcharge and the possibilities of avoiding or minimizing it. Examples include port fires, inclement weather, and labor disputes. For example, they may consider a percentage of the cargo or alternatively a percentage of one TEU. Congested traffic of ships at a port.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. The maritime industry — 90% of world trade travels by sea — is notoriously manual. Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience.
Transportation of dangerous cargo by vessel is internationally regulated under the International Maritime Organization or IMO for short. The IMO in turn, refers to the IMDG, or International Maritime Dangerous Goods Regulations code to administrate it’s responsibilities. Class 9: Miscellaneous dangerous substances and articles.
For example, there is a lack of skilled personnel to handle supply chains and the sheer volume of goods that are being moved is straining virtually all international ports. This article examines the underlying causes of congestion as one of the key challenges facing the industry. In that sense, the increased congestion is no surprise.
Back in August, I wrote an article about carriers introducing a $300/container surcharge for all cargo transiting the Panama Canal. For example, our MTS Trucking Service can offer warehousing and transloading in California, giving us the agility to coordinate last mile deliveries across the U.S.
Related Articles. For example, many retailers are battling low margin and are seeking to optimize their supply chains to save money and increase their bottom lines. GLP delists from Singapore Exchange as part of privatization process. GLP reveals when it will delist from Singapore Exchange.
In 2021, I wrote an article about climate change and its effects on logistic sector after Hurricane Ida hit Louisiana. ” A recent example of low water levels can be seen in the Amazon River. Within two years, we haven’t seen significant changes.
This article provides a possible explanation. For example, the Drewry World Container Index showed that the current spot rate of $9,371 per FEU is nearly seven times what it was in 2019. Lars Jensen of Vespucci Maritime suggested to American Shipper that global demand for the beginning of 2021 is 4% higher than it was two years ago.
For an example of the negative effects this sort of delay can have, let’s look at perishable deliveries. For example, at C.H. In that article, we discussed how to prepare for a vessel accident, and many of the same lessons that we imparted there apply to this situation.
But what exactly this term means and what the legal context is, you will find out exactly by reading the following blog article. An overall answer is provided by the Law of General Average , a law historically anchored in maritime history for the property settlement of a General Average. General Average.
This article survey automation in logistics and highlight areas of promise for military logistics. A following article will discuss a more important topic – instead of autonomy of logistics, this second article will look at the logistics of autonomy. The same could apply in the maritime environment.
In this article, we will examine the impact of inflation in supply chain on the logistics industry and discuss possible solutions to prevent it. However, the global economy continues to recover as the pandemic subsides, and many sources of supply chain inflation have started to cool down.
In this article, we define five advantages that will transform the future of freight forwarding. Plus, for example, we say a single customer can move around 500 containers a year, but a freight forwarder with a healthy roster of customers can move 100,000 containers a year.
Global regulations, such as those issued by the International Maritime Association (IMO), aim to do so. For example, ocean transportation is a notable contributor to global sulfur emissions. Consider the following examples: Individual employee energy consumption Truck and forklift usage Handling and packaging Paperwork.
For example, Chinese organizations that were exporting to the US may have seen a decline in the orders due to tariffs or the US organizations would have had to reduce quantities of goods imported from their Chinese counterparts. The article further states that “Mr. This scenario has been in existence since 2018.
These are highly demanded containers in maritime traffic for fish and some delicate pharmaceutical products. Reefer Controlled Atmosphere: This type of container contains special internal equipment that allows a certain atmospheric pressure to be maintained in order to control, for example, the ripening processes of some fruits.
This article explores the different types of cargo insurance available, not their advantages and disadvantages depending on your circumstances. For example, shippers that knowingly and with foresight ship time-sensitive loads to ports that are congested. General average is a notion that had evolved from the maritime industry.
We are seeing it now in terms of truck drivers and warehouse workers, and Walmart is an example of a company that has been trying to get ahead of these shortages by offering higher wages and on-the-job perks. But I just read an article about another labor shortage Walmart is facing: store managers.
Examples are pre-hiring and background checks. Goods origination, third-party security, foreign customs are examples. Examples are ERP for manufacturing, CRM for sales and operations, and TMS for transport management. Examples are tainted goods being carried to or substituted in retail outlets. Business partner.
For example, at the paint aisle in any hardware shop, there would be a limited amounts per consumer commodities. There would not be any large drums for sale. If the products fall under category of consumer commodity, ORM-D is applicable and offers freedom from rules which consists of documentation and emergency response.
In other words, DAP is not a maritime-only term and can be used with all modes of transport. For example, if the buyer now takes 2 weeks to arrange for a crane and manpower to access the work site just to unload the item from the low-bed truck that brought the item there, the buyer would have to pay for all charges incurred.
In a recent article, I wrote about the basics of container stowage planning and why it is so important. In this article, I thought it would be worth reiterating the importance of being accurate in the declaration of the weights. For example, a client has some containers that weigh 27.5 instead of 27.5
For example, the Port of Savannah went from one of the best-performing posts to one of the most-congested in a matter of weeks. As mentioned in my previous articles, ocean carriers have learnt to manage capacity very well by the means of blank sailings. The list of issues goes on and on.
For example, ship charter costs have grown since July 2020 from $10,000 to more than $200,000 in September of this year, and standard freight rates across all major routes also saw significant increases. The forty-foot container, the benchmark in the US, is around $5,200 compared to $1,800 at the beginning of last year.
For example, there is a lack of skilled personnel to handle supply chains and the sheer volume of goods that are being moved is straining virtually all international ports. This article examines the underlying causes of congestion as one of the key challenges facing the industry. In that sense, the increased congestion is no surprise.
This article explores the implications of the port congestion surcharge and the possibilities of avoiding or minimizing it. Examples include port fires, inclement weather, and labor disputes. For example, they may consider a percentage of the cargo or alternatively a percentage of one TEU. Congested traffic of ships at a port.
They are looking for prohibited items, for example, a part of an explosive device. We’re looking to prevent any prohibited articles getting onto an aircraft and to prevent unlawful interference with civil aviation,” adds Dallow. A knife in a cargo shipment may not be dangerous, but may be prohibited in baggage.
However, the classification parameter can be varied; for example, it is possible to use the velocity of turnover rather than annual demand value. For example, accessorial charges might include fees for loading, unloading, palletisation, or depalletisation. It is upon such systems that ABC models are generated and maintained.
Magazine article) as a goliath looking to take on the entrenched "David" shipping industry. Early examples of intermodal containers include railroads from 1830s (various sized containers), and Pennsylvania Railroad regular container service (1929). Example of the massive decrease in dock workers as a result of containerisation.
Editor’s note – this article continues with the experiences of the then Commanding Officer, 10th Force Support Battalion (10 FSB), deploying to East Timor (now Timor Leste) as part of the INTERFET operation. Ultimately we stayed put but I didn’t win any friends in the Maritime Component. An additional example was the Terminal Troop.
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