This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. From restructuring trade routes to adhering to strict regulations, the shipping industry faces a host of new challenges as it seeks ways to a more sustainable route.
Given CMA CGM’s position in the shipping industry, there are serious implications that result from this decision. Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues. Some experts consider this decision to be a game-changer.
As the shipping industry has grown, port capacity has not always caught up in time in the last 10 years. Unless things are regulated in the short term, this is a danger to the industry. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether. What is the port congestion surcharge?
The global maritime and transportation industries have long played a vital role in facilitating the movement of goods and people across borders, writes Captain Steve Bomgardner, VP Commercial Markets, Pole Star Global. What other advanced features does maritime intelligence have to combat this issue? What are the red flags?
and China conducting naval exercises. Losses in Asia rose year-on-year with incidents in South China, Indochina, Indonesia and Philippine maritime regions rising 25% making it the top area worldwide for major shipping incidents in the past decade, leading it to be dubbed the "new Bermuda Triangle.". naval ships and commercial vessels.
Despite labor shortages for supply chain operations, limited warehouse space, congestion and lead time issues, the biggest problem in the shipping industry is still securing market capacity and pricing. Given the challenging conditions of the past two years, world trade is remarkably robust. million TEUs. and Asia-E.U.
If you look at many of the news items about the industry recently, there has been a certain buzz and intensity around the electronic bill of lading. CMI – The Comité Maritime International, is a non-governmental organization established in Antwerp in 1897 with the objective of unification of maritime law in all its aspects.
Iranian provocations have included boarding oil tanker ships and taking control of the vessel, in an effort to exercise power and dominance in the region, as well as a recent helicopter flyover of a Chevron-operated oil tanker. Therefore, it’s in the interest for the U.S.
Federal Maritime Regulators intervened, demanding that marine terminal operators and container lines explain how they are assessing detention and demurrage. Rebecca Dye is the Federal Maritime Commissioner (FMC) and has led an investigation and fact-finding exercise concerning the management of detention and demurrage.
The COVID-19 pandemic has made it incredibly difficult to facilitate crew changes on ships and despite collaboration and cooperation with many stakeholders in the industry, this problem still remains unresolved and there are still around 200 000 odd seafarers estimated to be trapped on board. million seafarers serving onboard ship.
As the shipping industry has grown, port capacity has not always caught up in time in the last 10 years. Unless things are regulated in the short term, this is a danger to the industry. Certain industry professionals have come up with clever ways to reduce or remove PCS altogether. What is the port congestion surcharge?
If you’re already a 3PL you already know about customs processing, temporary storage, inward processing relief, then you’re already exercising those facilitations and you will want to investigate if the opportunity is materially more beneficial. So far, it is hard to detect a clamour for freeports within the logistics industry itself.
We also use this expertise for other projects such as the automatic transportation of medical samples between hospitals, carrying out inspections of wind turbines at sea, measuring radiation at industrial sites and conducting surveillance assignments off the Belgian coast.
After a series of high-profile cyber attacks, the automotive industry is scrambling to shore up vulnerabilities in its digital defences, including logistics services. The automotive industry certainly lags behind other sectors in its approach to cybersecurity,” he says. Establishing industry standards . Jonathan Ward reports.
Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. Executive Insights is your chance to pick the brains of industry veterans, leaders, and enablers.
Kirk Claussen, port finance agent in the Office of Ports and Waterways at the US Maritime Administration (Marad). The shortage of rail cars that hit the industry through 2017 and to an extent is still a problem in North America has had knock-on effects that have compounded the capacity problem. It isn’t the auto industry.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content