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In this article, we take a closer look at maritime competition in Asia by examining the maritime picture for 2021-2024, using indicators such as maritime connectivity, port throughput, and container fleet size. South Korea has experienced a reducing in its maritime performance, especially in the last year.
This article gives both sides of a discussion on the importance and readiness of the maritime and shipping industries for an electronic bill of lading. One point made in the article by forwarders is that in the present market, changes … Continue reading →
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. East and Gulf Coast ports presents a serious risk to the U.S. The potential strike at U.S.
The emergence of colossal vessels along primary routes has led to the resultant cascade of maritime traffic along secondary and tertiary routes. Few ports presently have the infrastructure capabilities or land side superstructures required in accommodating container vessels of immense proportions. A Shifty Scale? Conclusion.
However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. The maritime shipping leg the country of export to the country of import.
The below article by Mikael Lind , Research Institutes of Sweden (RISE), Jonathan C. Ship agents and ship brokers constitute a substantial part of the work force in the maritime sector. Whilst exact numbers are hard to find, ship agents are present in every commercial port in the world and medium-sized ports and upwards will have many.
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. Present supply chains that do not have redundant systems and have a limited number of carriers and approved terminals are the most vulnerable.
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.
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%. According to an ING article, scrapping is reducing capacity by 3-4%, slow steaming around 5-6%, and blank sailings have not shown any significant impact this year.
In 2020, the United Nations Conference on Trade and Development reported that worldwide maritime trade was expected to drop by over 4 percent due to the pandemic. At present, shipping companies around the globe are now dealing with a significant employee shortfall in hiring and retaining crew members due to the Russia-Ukraine war.
This article is adapted from a presentation given at the Williams Foundation seminar on ‘Next Generation Autonomous Systems’ delivered in Canberra in April 2021. The situation is better for military aviation and in the maritime context. It’s patently a present day unreality save in very small-payload logistics operations.
For the purposes of this article, we will consider this port to be Durban. In this fashion the entire ship is filled with the containers that are to be loaded at each load port while also taking into account the containers that are ALREADY present on board from the previous ports. Article republished with some critical updates.
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.
His Excellency Khamis Juma Buamim presented the award to John himself! He currently holds the position of Chairman of The Dubai Council for Marine & Maritime Industries and Group Chief Executive Officer, MD & Director at Gulf Navigation Holding PJSC.
His Excellency Khamis Juma Buamim presented the award to John himself! He currently holds the position of Chairman of The Dubai Council for Marine & Maritime Industries and Group Chief Executive Officer, MD & Director at Gulf Navigation Holding PJSC.
In this captivating article, we delve into the annals of history to explore the most important events that paved the way for the extraordinary development of logistics as we know it today. Their extensive network of ports, warehouses, and trading posts revolutionized maritime logistics. References: Ballou, R.
In this article, we define five advantages that will transform the future of freight forwarding. Having more capacity as a freight forwarder will present the most competitive offer to the customer, always considering the shipper’s needs, requirements, and goals.
This article explores the key aspects of an eBL, its benefits, challenges, and its potential impact on the future of international trade. The journey toward widespread adoption may present challenges, but the long-term advantages make the eBL a beacon guiding the industry toward a more connected, streamlined, and sustainable future.
By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘.
In his 70th weekly edition of “ The LogTech Letter “, Eric writes about the notion of shipping cartels and how a headline or article that calls container lines a cartel may push the reader toward believing that liner carriers are in cahoots with one another in nefarious (ie illegal, immoral, or anti-competitive) ways.
An article published on February 14, 2020, in The Wall Street Journal which quotes Lars Jensen, head of Denmark-based maritime research group Sea-Intelligence, saying: “Substantially less cargo is being moved between China and the rest of the world. The article further states that “Mr.
Recordings from the ship that were presented to the court showed disagreements between SCA pilots and its control centre over whether it should enter the canal. You can read all articles about the Ever Given here.
There are a handful of theories that seek to explain the unexpected change, but none of them can be hailed as the one true answer at present. With rates on the floor, some shippers may be taking advantage of a stable environment with the future still uncertain,” Strickland noted in his recent article. Government initiatives The U.S.
Paul Abbott is an expert logistician with more than 25 years working on articles for the supply chain space and more than four decades working as an award-winning journal. where he wrote daily articles about international and U.S. He has written articles for Bloomberg, The Network Effect, Supply Chain Management Review, and more. .
In 2020, the United Nations Conference on Trade and Development reported that worldwide maritime trade was expected to drop by over 4 percent due to the pandemic. At present, shipping companies around the globe are now dealing with a significant employee shortfall in hiring and retaining crew members due to the Russia-Ukraine war.
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.
Container shipping volumes in December of 2017 were 5 percent higher than in the same month of 2016, noted Yin Ming, deputy secretary general of the Shanghai International Shipping Institute and professor at Shanghai Maritime University. He presented his outlook for container shipping to the TPM Annual Conference in Long Beach, Calif.,
Related Articles. Investors pouring millions into maritime startups. Once the project is completed, the best practices will be published and presented to the International Maritime Organization.
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The following is a list of widely used terms that will help you with deciphering freight bills, articles, comments, and communications made by transportation professionals and the mainstream media about everything transportation. Commodity: Any article of commerce, including raw material, manufactured, or grown products.
B2C Europe is operationally present in four key European E-commerce countries (Netherlands, France, United Kingdom, and Spain), and has offices in China. But while carriers may be better equipped to provide unique services related to maritime freight, that doesn’t make them a better alternative for shippers every time.
Transportation alone, encompassing air, rail, road and maritime, will account for a substantial portion of the projected work. At a recent presentation at the U-Tapao International Airport in the eastern province of Rayong, it asked prospective investors: “What are you waiting for?”. Comment on this article.
Where this is the case, the COO must accompany the goods or be presented to customs authorities when the shipment arrives at the country of import. Container Terminal: A location and facility at which containerised goods are stowed (inside shipping containers) while awaiting transportation by road, rail, or maritime vessel.
Hazardous or dangerous goods can be defined as materials or items with inherent hazardous properties which if not properly controlled, can present a potential hazard to the health and well-being of all living organisms and the safety of the environment. Dangerous goods can be solids, liquids or gases.
Any document can be presented on paper, or in an electronic format, in accordance with the provisions of the contract. In maritime transport, the buyer must import and dispatch the merchandise, which is why it will generally be kept in a warehouse or Customs terminal until these procedures have been completed.
Related Articles. Maritime History Notes: Tug barge units. inland waterway system and provide significant cost savings for shippers, according to Sal Litrico, CEO of American Patriot Container Transport. Litrico presented information about container on vessel (COV) innovations at two St.
Related Articles. The DO is presented to the terminal operator representing the ocean carriers for release and delivery of cargo. California port drivers, warehouse workers strike. Action targets XPO Logistics and NFI Industries operations over a wide area of Southern California.
Related Articles. The DO is presented to the terminal operator representing the ocean carriers for release and delivery of cargo. We use cookies to collect information about you for a better user experience. Click here to look at our new privacy policy. I Agree.
Leg four is organic growth, with inorganic expansion split out as leg number five, both reflecting a belief that there is a “genuine advantage to scale” in the maritime services business. This article was written for TW+ magazine, to be published with TradeWinds this week. Manish Singh chats with Ian El-Mokadem. Photo: Thomas Lovejoy.
I would like to thank Dr. Nicole Serrij for bringing me here and also for the people at CCTNE who made certain that I wrote the thought leadership article for the G7 Summit. It is remarkable what the maritime industry learned in the downturn in 2008. I pulled this up right before this presentation. This is working right now.
provides relevant and pertinent information about the Ever Given, its arrest, the implications of the arrest, insurance and counter claims in this article originally published on their website. The vessel is presently under arrest by SCA and who seek payment of their claims. Muthu Jagannath of NAU Pte Ltd., Arrest of the vessel.
While Kemmsies stresses shippers look beyond China, Ben Hackett , founder of maritime shipping consultancy Hackett Associates , made the case that implementing tariffs will result in retaliation from major U.S. Related Article: Trade Relations are Building a Bigger Wall Between US & China. Compliance to U.S.
But I will get into the details in a future article. For those of you that are unfamiliar with the show, Six is a modern retelling of the lives of the six wives of Henry VIII, presented in the form of a pop concert. While I was in New York, I had the opportunity to see the musical Six.
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