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Peter is Vice President in the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. Peter Tirschwell and Joe Lynch discuss the post-pandemic supply chain.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & Supply Chain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. the world’s largest container shipping conference, now 23 years old.
The progress report follows Ship It Zero’s 2023 Report Card , where the campaign graded more than two dozen retailers and shipping carriers on their efforts to decarbonize and develop zero-emission fuels for maritime shipping. I KEA earned a B+ in our 2023 Decarbonization Report Card and was the highest scoring company overall.
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. As expected, this analysis reveals why China stands out as the most powerful maritime nation by a significant margin.
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.
That's why we're happy to share that the 15th Maritime and Logistics Training Course is now open for registration! At Magaya, we value continuing education. The logistics industry is always changing, and it's important to keep up-to-date.
The Federal Maritime Commission has established a new audit program and dedicated audit team to assess carrier compliance with the Agency’s rule on detention and demurrage as well as to provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services. FMC Establishes Ocean Carriers Audit Program.
Earlier this month, China punished an unnamed non-governmental organization for collecting “sensitive” maritime data and sharing it abroad. The post Chinese black out on Maritime Data as Automatic Identification System data blocked appeared first on Shipping and Freight Resource. Source : Bloomberg – by Iain Marlow, and Jing Li.
He is a globally experienced leader in the maritime industry with extensive operational experience and a proven track record of growing businesses and creating long-term value for customers and stakeholders. The Port of Virginia delivers opportunity by driving business to, and through , the Commonwealth. Stephen’s LinkedIn.
When the vessel veered off course due to the serious malfunction, it struck a section of the bridge and caused significant damage. Of course, like the Baltimore bridge collapse two months ago, this latest collision involving a shipping vessel brings the topic of maritime safety and infrastructure to the forefront as 2024 progresses.
A game-changing infrastructure project in the world of maritime transportation, the Stad Ship Tunnel is a planned canal and tunnel that will bypass the Stad peninsula in Stad Municipality, Vestland County, Norway. Once completed, the tunnel will provide a safe and efficient passage for the maritime industry.
This is the more usual course of innovation in the maritime field. Zero North is a software company. It was incubated within Maersk and in 2020 was spun off into a separate company. Maersk Tankers debuts digital spinoff. Its product … Continue reading →
Envase and Envase President Jim Hickman Sponsor Maritime & Intermodal Topgolf Charity Night. Recently Envase and Envase President, Jim Hickman, jointly sponsored the second annual Maritime & Intermodal Topgolf Charity Night supporting two charities doing essential work in the community.
There’s been a big focus on climate change and its effects on the maritime shipping sector for good reason: we see the effects of climate change everywhere. The goal, of course, is to reduce emissions and further the progress towards a greener, zero-carbon future. Funding was awarded for the project earlier this week in London.
The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. This imminent danger hits the core of maritime operations, namely the ports. In a world confronting the unyielding advance of global warming, the ocean shipping sector stands at a critical juncture.
Whether you’re a seasoned maritime professional or a curious enthusiast, this series will keep you anchored to the forefront of this dynamic and vital global business. So, hoist the sails and let’s set course for an enlightening voyage together!
When the International Maritime Organization (IMO) meets in London this week (9 April 2018), the stakes are high. For many years, maritime GHG emissions have not been discussed prominently in international climate negotiations. Setting a common course? Who’s in command on the open sea? Source : [link].
On the other hand, the southern Chinese city of Guangzhou announced that in-person classes at elementary and middle schools shifted courses online after 27 new Covid cases were reported.
But, of course, when dealing with systems that operate at such scale, exceptions happen. 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. It’s the gritty reality of logistics.
Where Talks Stand Officials at many ports and from the White House have said they hoped a new deal between the workers’ International Longshore and Warehouse Union and the Pacific Maritime Association, who acts as the prober for more than 70 port operators and ocean liners, would have been in place by now. “I
inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. Of course, we may still experience more factories in Asia not operating at 100 percent capacity, further trucking shortages, port issues, etc. The shipping ecosystem is ever-changing. Let’s not forget U.S.
Maritime trade has always had its ups and downs due to product cycles throughout history. Since over 80% of traded goods are moved via the sea (UNCTAD; Review of Maritime Transport 2021), we can confidently say that the entire developed world depends on sea transportation to survive.
The Australian Maritime Authorities (AMSA) have determined that heavy seas and a loss of propulsion on the APL England were the main causes for the cargo loss of about 43 containers. The post 43 Containers Fall Overboard From APL England appeared first on ShipLilly.
However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. As a result, TT Club commissioned Exis Technologies to develop e-learning training courses for the transport industry; CTUpack e-learning ?. www.ttclub.com.
We previously reported that as part of MARPOL Annex VI regulation ( IMO2020 ), the member states of the International Maritime Organisation adopted a complementary amendment which came into effect on the 1st of March 2020.
Ordering early and shipping via air aren’t the best course of action anymore to solve this potential problem which may or may not occur. The International Longshore & Warehouse Union (ILWU) and West Coast employers, led by the Pacific Maritime Association (PMA), will be back negotiating a new contract as the current one is expiring.
The maritime shipping leg the country of export to the country of import. Then there are the rules of maritime shipping, which become even more complicated if your freight includes hazardous materials. Of course, you can seek external help with this, which would come at a cost but might give you the start you need.
Of course, it was after the ship lost power that it slammed into the Key Bridge, a fact that DOJ officials pointed out in the lawsuit. Of course, many more recovery efforts and rebuilding efforts will need to be undertaken to replace the Key Bridge. What are some other specifics of the new lawsuit by DOJ?
January 1st, 2023 marked the starting date of some new regulations drafted by the International Maritime Organization (IMO), a branch of NATO, to significantly reduce carbon emissions by large oceanic shipping vessels over time. But, of course, the shipping industry will the feel the growing pains of these new regulations significantly more.
INFORM, a leading provider of intelligent AI and optimization software solutions, will showcase its proven optimization add-on solutions for maritime and intermodal terminal operators at the upcoming TOC Europe conference in Rotterdam, the Netherlands.
The Kingdom’s maritime Saudi ports trade hubs have seen a yearly increase of 13% in cargo throughput during the year 2022, handling an estimated 237 million tons compared to 210 million tons in the preceding year. Likewise, 973,000 cars rolled off incoming vessels at a 25% growth rate versus 778,000 units previously.
Moreover, with the melting of the ice, new maritime routes will emerge. And of course, there are veins of precious metals and minerals. By 2024, Russia aims to send 80 million tons of cargo via the North Sea route. Tourist cruise ships are also planning to launch more tours to the polar region.
Today on Labour Day, we pay tribute to these brave souls, the backbone of the maritime industry. Each case is treated on an individual basis, and we discuss with survivors of trauma the best course of action. . The invisible workforce that makes your life comfortable and convenient are the more than 1.6 About the Author.
The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Other sources reported that DB Schenker was not the only forwarder making this shift.
According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. Of course, it is also critical to apply data across all activities to identify which loads are ripe for the taking. Now, the industry is changing yet again. Carriers have a finite amount of capacity.
Editor’s Note: This is a blog by one of our affiliate partners, Global Vision Group , a Federal Maritime Commission licensed Non Vessel Operating Common Carrier (NVOCC) and Ocean Freight Forwarder (OFF). What Is The Best Course Of Action To Deal With These Problems? So What Is An Importer To Do?
6 issued on 30 March 2020, the Organization has distributed a series of recommendations for governments and relevant national authorities, proposed by a broad cross-section of global industry associations representing the maritime transportation sector. In a Circular Letter No.4204/Add.6
Of course, much more work remains. All work to restore the channel will be fully completed by June 10th, according to workers onsite. There was already a temporary channel established, but will be more permanent. The Key Bridge needs to be rebuilt. There will be further delays as things get back to normal.
have seen volumes drop dramatically also because of the slow pace of contract talks between the International Longshore and Warehouse Union and Pacific Maritime Association. It has classrooms, virtual reality simulators and an indoor driving course, complete with facades of porches and parking lanes. Downing St.
However, that decision was reversed just six hours before the ship was due to arrive, and the captain was advised to set course for another port, in a different country, over 600 km away. The clock was ticking. UN agencies step in. The International Transport Workers’ Federation (ITF) was then notified.
Of course, much can change very quickly. It is anticipated profits for major shippers will also grow, as stocks are up. The situation is eerily reminiscent to 2021-2022, when the global supply chain crisis and delays increased costs dramatically.
To this end, the E-Learning Platform has been inaugurated with two courses specialised in international logistics and freight forwarding and a SOC Masterclass focused on Shipper Owned Containers. The Cooperative members who register for one of the above-mentioned logistics courses by CIFFA will get free access to this Masterclass.
In Kudamatsu, Yamaguchi prefecture, Japan, train bogeys were recently loaded onto a vessel as they set course for Thailand. Accompanying this shipment was Siam Pattana Maritime Co., Let) Mr. Thanit Hanbenjaphong, Director of Siam Pattana Maritime Co., Kotchakorn Samnaopoke, Marketing Manager of Siam Pattana Maritime Co.,
But of course, freight still needs to move, and for some commodities, such as personal protective equipment, a rapid supply chain is more critical now than it has been in many decades. Of course, this is pure speculation, and in this time of total uncertainty, any number of other scenarios might unfold. sulphur content.
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