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As the world continues to evolve, so too does the maritime shipping industry. Technology is revolutionizing the maritime shipping sector rapidly. As the maritime industry faces increasing pressure to reduce its environmental impact, technology is playing a pivotal role in shaping its future.
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.
That legislation is meant to regulate the flow of Chinese data overseas and ensure the gathering of such data is minimized, according to state-run media. That legislation is meant to regulate the flow of Chinese data overseas and ensure the gathering of such data is minimized, according to state-run media.
This report, built from extensive survey data from a myriad of shippers and logistics providers, shines light on visibility gaps that have contributed to the current crisis of port congestion. The current state of visibility –– or lack thereof –– in maritime shipping, and its contribution to port congestion.
Digital Ship’s 4th Annual Maritime CIO Forum Rotterdam will investigate how we can harness all these opportunities and will debate which are going to stick and make a difference. We will ask how can we identify the real digital legacy in front of us and truly re-define digitalisation in maritime and transport. Website: [link].
The landscape of maritime is shifting with the trends that are emerging do so out necessarily. Smart shipping, shipbuilding, big data, propulsion, advanced materials and analytics, sensors, robotics and communications in conjunction are all having monumental shifts in maritime industry are approaching new challenges and opportunities.
Most recently, his company ODYN (inventory optimization platform for large CPG companies) was acquired by Turvo and his company before that (Weft, maritime intelligence platform – funded by a16z, social + capital, SV Angel, and other tier-1 VCs) was acquired by DMGT-owned Genscape. Learn More About The Fishtail Story. Marc on LinkedIn.
Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.
Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC.
Picture this: a helm where data power decisions, maintenance is predictive, and efficiency isn't just a goal but a way of maritime life. In modern fleet management, making waves isn't just a metaphor—it's a strategy.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Adoption of Sustainable Fuels: For aviation and maritime logistics, sustainable fuels like biofuels and hydrogen provide feasible alternatives when electrification is impractical.
According to a recent assessment, if China follows through on its threats to invade Taiwan, the maritime industry should prepare for a major crisis that would increase operational expenses, result in the loss of ships, and cause delays. billion per month.
Right now, over just the past two weeks, a lot is happening in the world of maritime shipping. The post A Busy Summer at Sea: Lots of Maritime Shipping News Over the Past Week appeared first on More Than Shipping. Here is a round-up of what you need to know. Last year, there were issues with a ship carrying cars and trucks to the U.S.
H aving access to real-time freight data and being able to make good use of it is essential for global trade and maritime shipping. Global retailers use data to understand lead time Successful supply chain operation at any stage hangs on the ability to stay on top of shipping and transport logistics. Request a SONAR Demo.
On this episode, we learn how carriers can improve their service record through the use of data analytics and an unprecedented level of visibility. The answer lies in the application of artificial intelligence and machine learning.
In response to complaints from the trade and market in general, the Federal Maritime Commission’s (FMC) focus has been on assisting US importers with several issues such as demurrage and detention , ocean carrier freight pricing , container dwell times etc.
RightShip, a leading environmental, social and governance (ESG) focused digital maritime platform, has today announced a partnership with Port of Sudeste, located in Itaguai, Rio de Janeiro, to start utilising RightShip’s Maritime Emissions Portal (MEP) for the first time in the Latin American region.
RightShip, a leading global environmental, social and governance (ESG) focused digital maritime platform, has today announced a partnership with Napier Port to implement RightShip’s innovative RightPort risk solution at the New Zealand port. The post Maritime Safety Enhanced for NZ Port appeared first on Logistics Business® Magazine.
According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. And that’s why it’s important for carriers to apply data and enable predictive freight rating through these five requirements. Now, the industry is changing yet again. Download the White Paper.
West Coast ports, a group of five California ports will partner to create a game-changing data-sharing system for seamless shipments. Working together, the alliance of California ports will seek to unify currently siloed data and solve visibility issues, a major reason for supply chain disruptions at U.S. In major news for U.S.
Data centers, electric vehicle charging, and heat pumps are the major new loads for the power grid with new innovations in DC power networks. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. GenAI is a major consumre4r of energy.
Gene Seroka, Executive Director of the Port of LA, is calling on people to cooperate and share data on logistics activities. He wants to see a bold information transformation, for the maritime industry and also for on-shore logistics. He was … Continue reading →
While still high, this number is the lowest since 1994 thanks to the efforts of the ICC International Maritime Bureau (IMB) who have played a pivotal role in raising awareness to make navigating the global waters safer. Source : ICC International Maritime Bureau (IMB). Alerting CSOs and vessel managers of incidents via email.
Federal Maritime Commission (FMC) went into effect, introducing new requirements for billing, timeframes, and the process for disputing unfair charges.The Container Payment Portal is designed to simplify compliance with these regulations,” said,Jason Drouyor, Director – Regulatory Affairs of Hapag-Lloyd.
This issue has revealed the weaknesses of the worlds maritime logistics system and has caused a number of problems for importers, exporters, and shipping companies. This way, stakeholders can share data on vessel schedules and cargo volumes to coordinate the movement of goods and lessen delays and bottlenecks.
The automated manifest system is an electronic system that is used to support cargo data such as departure, arrival, and release information between the actors of shipment when importing to the U.S. This system has modernized the maritime inventory system. bound and transit cargos must submit distinct data items (e.g.
“ Rising Rollover Rates Show Worsening Maritime Supply Chain Delays “ This is the summary of April’s container rollover statistics published by project44 the global leader in advanced visibility for shippers and logistics service providers.
Recent data indicates that 2024 has had the best start for U.S. Source: Descartes Datamyne™ Transit Times The difference between ETA (estimated time of arrival) and ATA (actual time of arrival) serves as a crucial metric for evaluating the efficiency of transit times within the maritime industry. compared to the same month last year.
All three major modes of transportation – maritime, intermodal and truckload – all have very different peak season timelines. The maritime sector has been operating at peak season-like levels for much of the past year. Traditional maritime peak season has passed, with goods needed for the holiday season already stateside.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Truckload demand has stabilized at a high level after declining seasonally to start the fourth quarter. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Maritimedata suggests that further shipment delays, elevated ocean rates and a strained domestic transportation network should be expected.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)
maritime ports by import volumes, the report offers a closer look at 2019 data and overall trends in U.S. Ranking the Top 20 U.S. imports, the impact of trade policy and tariff changes, supply chain and sourcing shifts and early indications of the trade impact of COVID-19.
This “SONAR highlight reel,” which we publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. Spot rates continue to rise as freight flows to the spot market – particularly on the West Coast. These declines are concentrated in the outbound L.A.
The only way organizations can manage large-scale operations and ease the workload of their staff, clients, and vendors is by transmitting most data digitally, implementing a robust digital process. This shift allows staff to perform better with the help of digital solutions, enabling timely responses and data transmission.
Identifying trends in the maritime market is also important, because increased ocean freight impacts domestic transportation markets as freight arrives on shore. The current trends in maritime shipping data suggest increased shipment delays and further inflationary pressures on rates. Request a SONAR Demo.
In fact, our data shows that accepted tender volume is up 12% y/y. SONAR intermodal contract rate data shows rates up 19% from this time last year. Maritime import volume remains robust and it appears that the ports of LA and Long Beach will announce a record December when the data is released.
Maritime transportation has a significant role in global trade as 90% of traded goods are carried over the sea. Besides containerized cargo, according to United Nations Conference on Trade and Development (UNCTAD) data, 11.076 billion tons of cargo were carried over the sea in 2019. of the world’s bulk cargo transportation.
This “SONAR highlight reel,” which we plan to publish every other week, is intended to concisely hit data highlights and trends in truckload, intermodal and maritime. The end of the second quarter is typically a strong period for truckload freight and this year is no exception.
Port congestion poses significant challenges to global supply chains, maritime trade, and overall economic efficiency. AI-Powered Optimization for Port Operations Data-Driven Decision-Making: AI algorithms analyze historical data, real-time information, and external factors to optimize port operations.
To take the damaging effects of marine vessels into account, the International Maritime Organization (IMO) reduced their allowable sulphur fuel emissions to just 0.5% Maritime traffic. A data capture facility scores the vessel on a variety of different measures, including environmental factors. from originally 3.5% 1] [link]. [2]
The containers are designed to regulate internal conditions, provide real-time GPS tracking, enhance security, and provide condition data that can alert operators to any potential issues with the cargo. time data about the condition, location, and environment directly to operators. Sensor data provides hyper?accurate
Ship agents and ship brokers constitute a substantial part of the work force in the maritime sector. A recent article by UNCTAD demonstrated how the role of the ship agent and the ship broker is being challenged in the emerging landscape of digitalizing maritime operations.
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