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DUCAT Maritime, a global maritime logistics company, has announced a significant milestone in its operations: the delivery of over 15 million tonnes of rice to West Africa since the company was founded in 2016. This contribution has helped sustain an estimated nine million people annually across the region over the past eight years.
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.
Chartering is an important concept of the global maritime trade sector and it consists of different types. One of the forms of carrying out a maritime business is a time charter. It is an optional clause of the contract which the shipowner may choose whether to exercise it or not.
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 types of DSP’s are there?
Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues. There has been a significant imbalance between supply and demand for maritime container transport. CMA CGM noted this fact when making the announcement. Calls for the chaos to end.
The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. That is why organizations such as the Federal Maritime Commission (FMC) have sought to regulate the imposition of PCS. The 5 th option involves exercising some influence on terminal operations to your advantage.
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.
Customs and Export Procedures Logistics companies need to exercise caution in navigating the varied customs procedures of different countries. Cultural Protocols and Business Habits Collaborating with companies from different cultural backgrounds requires sensitivity to business protocols, ceremonies, and cultural nuances.
The Russian Navy has already encircled Ukraine’s ports and warned-off civilian commercial traffic so they could engage in live-fire exercises. Bunker surcharges may get affected by this. Even though this may not directly affect Asia-U.S. and Asia-E.U.
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.
Towards this objective, the International Maritime Health Association (IMHA) has reviewed the current evidence and is in the process of obtaining additional information on current practices around the world, along with the International Chamber of Shipping (ICS). Periods of planned outdoor exercise are essential and must be facilitated.
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. The beginning. DCSA believes that if the eBL standardisation process is started now, the industry can achieve an adoption rate of 50% by 2030.
The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. That is why organizations such as the Federal Maritime Commission (FMC) have sought to regulate the imposition of PCS. The 5 th option involves exercising some influence on terminal operations to your advantage.
When we returned to Australia, I tasked an officer (who did not deploy with us) to take our War Diary and write a Command Post Exercise using the Battalion Ops Log to build in the many Lower and Higher Control problems with which unit operations staff would have to deal. The proposal was denied.
CMB will have certain options to acquire the vessels during the charter period, with the first purchase option exercisable after five years. . CMB is a maritime group founded in 1895 and based in Antwerp, Belgium , with activities within dry bulk- and chemical tanker shipping , container vessels and aviation leasing.
Exercises undertaken to simulate high-intensity war such as US Pacific Command’s Exercise Pacific Sentry 17-03 highlighted significant force posture challenges that might constrain air (and other) operations against a peer adversary.
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. But as a small operator not used to these things, there’s a definite benefit.”.
The order follows a tender exercise and a thorough testing and evaluation process. Port of Felixstowe, part of the Hutchison Ports’ network, and Shanghai Westwell Technology Co. Ltd (Westwell) have signed an agreement for an additional 100 battery-powered autonomous Q-Trucks.
By undertaking this joint exercise, Port of Antwerp is once again showing itself to be an innovative player that always seeks to play a pioneering role. We are therefore also grateful that Port of Antwerp decided to work with Sabca, a company also based in Belgium, in order to conduct these trials.”.
This covers security policies, threat awareness, security training, exercises. The International Ship and Port Facility Security Code (ISPS Code) is an agreement between 148 countries that are members of the International Maritime Organization (IMO). Goods origination, third-party security, foreign customs are examples.
Before the opening of the bridge, computer-driven simulation exercises carried out at the Maritime Institute of Technology and Graduate Studies in Linthicum Heights, Maryland, showed that the channel could take ships of up to 18,000 TEU. The port authority said it is too early to say when first 18,000 TEU ship may arrive. .
And Maersk was far from naïve about cyber security, with Maersk Line being one of the first maritime organisations to publicly announce the appointment of a chief information security officer. NotPetya used versions of hacking tools stolen from the US National Security Agency. Cyberattack numbers soar . Establishing industry standards .
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.
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). It is an academic exercise to speculate …but there are some big dollars at stake here.”. At that point it is up to the OEM to decide whether to pass the cost on to consumers or eat the cost themselves,” said Mason.“We
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