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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.
The maritime transportation industry is undergoing significant transformation, driven by the increasing need for cost reduction, enhanced operational efficiency, and growing competition within the global supply chain. In response to these pressures, major shipping companies are increasingly forming strategic alliances. million TEUs.
The risk of war is nothing new to the shipping, freight and maritime industry, having navigated through many of these situations. AMICIE is organizing a webinar on the subject on the 5th of March 2022 to discuss the impact of war and war-like situations on maritime trade flows. Title: Impact of War on Maritime Trade Flows.
Recent additions to the page, for example, show that March cargo volumes increased 8% in Long Beach YOY and 19% in Los Angeles YOY. 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.
INCOTERM 2000 Import Documentation and Procedures Export Documentation and Procedures CTPAT and Security Customs Entry Workshop Insurance and Carriers Liability Customer Service Techniques and Communication Skills Import and Export Techniques The post MTS Logistics: An Example of Great Customer Service in Shipping appeared first on More Than Shipping. (..)
Cargill uses a cool example for showing real-world impact: this smaller fuel volume produces the same lower volume of emissions as removing almost 500 cars from highways. The post A Real-World Example of Wind Power in Shipping Comes to Fruition appeared first on More Than Shipping. What did the results of the months-long test show?
And they have to lead by example and walk the talk themselves, ” he emphasized. To read the profiles of the seafarers on the webinar, please visit IMO’s World Maritime Day page. The post IMO World Maritime Day amplifies seafarer voices appeared first on Shipping and Freight Resource.
The success of the platform led Boluda to implement WITRAC’s platform to monitor the location and temperature status of the fresh food and medicine on its seven container vessels traveling 700 miles from the Spanish mainland on the maritime corridor linking the Port of Cádiz to the island ports of Las Palmas and Tenerife.
For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December. CEO Jeremy Nixon highlighted the urgent need for the maritime industry to address climate change, citing its impact on operations.
For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).
The Federal Maritime Commission (FMC) issued an Advance Notice of Proposed Rulemaking (ANPRM), seeking comments from the trade (public) whether they should require common carriers and marine terminal operators to include certain minimum information with regards to demurrage and detention billings. Container availability date.
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.
Port congestion poses significant challenges to global supply chains, maritime trade, and overall economic efficiency. For example, if a vessel is delayed due to adverse weather, port operators can adjust resource allocation accordingly. Regular maintenance prevents unexpected breakdowns and ensures that equipment remains operational.
In late-January, Maritime Executive and other media outlets said that new analysis by Container xChange reveals a “positive trend in availability,” and that the container leasing platform was expecting Chinese New Year to be a turning point in the persistent container shortage. for standard 20-foot containers and 0.38 An index of 0.5
One example is the Australian Strategic Domestic Munitions Manufacturing contract, which allows industry access to government-owned/contractor-operated (GOCO) facilities to produce the most critical explosives and ordnance. These two examples highlight the dependency on just one facility as the main source for a military-specific product.
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.
As trade has dramatically increased, the need to reduce emissions from burning fuel has become a leading global problem for the maritime shipping industry. Some examples of those new types of ships as follows: Wind-Assisted Propulsion Ships 1. There are many solutions at hand to reduce emissions from ships.
For instance, the International Maritime Organization (IMO) aims to reduce shipping emissions by 40% by 2030, pushing companies to adopt greener practices sooner. For example, offering discounts on bulk shipments or loyalty programs can attract more clients and build long-term partnerships.
In the report, it was stated that fluctuating freight markets and interrupted deliveries put global maritime transportation under pressure, and the following statements were made: “Increasing security concerns primarily means higher premiums for the insured. Choosing alternative routes doesn’t really decrease insurance costs much.
Various Methods of Maritime Shipping. There are passenger ships and fishing vessels, as well, but we’re going to focus solely on the maritime shipping industry. There are passenger ships and fishing vessels, as well, but we’re going to focus solely on the maritime shipping industry. RoRo Ships. Bulk Carriers.
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. Ship agents and ship brokers constitute a substantial part of the work force in the maritime sector.
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.
inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. The shipping ecosystem is ever-changing. However, the efforts to slow down inflation in the U.S.
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 storm, for example, could slow the vessel down and increase transit time from one port to another. from originally 3.5% Weather conditions.
Maritime insurance executives estimate that 3,000 containers have been lost at sea over the past few months alone. For example, a recent maritime accident in December 2020 resulted in freight being held in Japan. Consider purchasing maritime insurance. What’s the reason for it? Here’s what you need to know.
For example, receiving alerts about intentionally or accidentally opening container doors enables quick intervention to prevent damage or loss from environmental exposure. In summary, these advancements bring cargo security and supply chain resilience into the digital age, actively contributing to a safer maritime industry.
Common usages of reefer containers are the transportation of commodities which have lower shelf-life, maritime commodities, and special flammable chemicals. The latest solution in maritime transportation for these special cargos is the Controlled Atmosphere Reefer Containers.
For example, some ships have optimized water cooling systems consisting of pipes, coolers, and pumps that decrease water flow resistance. A recent study from Nature Energy found using electric maritime vessels on international shipping routes less than 1,500 kilometers is an economically viable option. Electrified Containership Fleets.
Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. Examples of the sought-after perks include guaranteed space, sure-deal equipment, more space on the ship, and finally the ultimate prize of expedited processing. The statistics are startling.
For example, numerous ports are still severely congested today. Gulf exporters that are shipping pretty much anywhere that goes via transshipment. The situation is not very different at destination ports either.
2019 was quite the year for maritime disasters with ships on fire , containers falling off ships etc. 2020 seems to be hitting the industry in other ways which could also be considered a kind of maritime disaster. This information has been passed on to NSW Maritime.
The Port of Long Beach, for example, is undergoing a $1.5 The International Maritime Organization (IMO) projects that global seaborne trade will grow by 3.4% For instance, Maersk has ordered a fleet of mega-ships, each capable of carrying over 24,000 TEUs, to improve capacity and reduce per-unit shipping costs.
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.
There has been a significant imbalance between supply and demand for maritime container transport. For example, Drewry’s World Container Index weekly assessment reached the heights of $10,834 per forty-foot equivalent unit. This was a surprise announcement despite the continued rise of spot freights because of port congestion.
However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. At the tip of the iceberg, for example, there are weekly reports of unitised fires on board ships, and historic average experience of a major ship fire every 60 days has been challenged in 2019.
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 Danish shipping company Maersk has said it is pausing all journeys through the Red Sea. The maritime industry often operates on extended timelines due to the nature of shipping contracts and the time it takes for vessels to move across oceans.
Covid lockdowns proved that any disturbance in the flow of containers has enormous consequences and terminals are a good example of that. One of the biggest issues being discussed by the Federal Maritime Commission (FMC) and being debated by Congress in a pending shipping bill is detention charges.
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. Some new IMO regulations in the shipping industry went into effect earlier this year.
IMO 2020 is a regulation set by the International Maritime Organization that states that as of January 1, 2020, the sulfur emissions of all maritime vessels must be limited to 0.5% For example: If exporters ship on CIF/CFR terms, they are already covering the costs of sea freight, so the exporter’s costs will increase.
From Shanghai to Genoa, for example, the weekly change in rate has increased from $1,956/FEU to $4,178/FEU according to Drewry Supply Chain advisors. Trade routes from Asia to North Europe and the Mediterranean have seen the most drastic week-to-week changes in spot market container freight. What comes next for rates and the industry?
The International Maritime Organization (IMO) has long been committed to reducing the industry’s carbon footprint, aiming for a minimum 50% reduction in GHG emissions by 2050 through stricter regulations and improved energy efficiency. This calls for a re-evaluation of strategies.
The International Maritime Organization mandates that large ships broadcast their position to avoid collisions. For example, one shipper may have geofence data on when a truck is leaving a facility, while other shippers rely on less reliable EDI messages. But better visibility to containers is badly needed.
Did You Know That … 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. Loading and unloading was particularly troublesome. Significance.
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