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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.
Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution. About IPL Group IPL Group helps global firms expand their business into the Latin American market.
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].
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.
Maritime Alliance (USMX) broke down. Soon after, amid mounting public pressure and ahead of a crucial presidential election, the strike ended as the groups announced a tentative deal. Much of the country watched last month as a brief strike of ILA workers went into effect, after talks between them and the U.S.
Port and maritime operations are critical to the stability of the global supply chain and the global economy. Maritime and port cybersecurity has not received the same level of attention that other industry sectors have, even though the sector has already fallen victim to attacks that have brought supply chains to a halt.
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.
Last year there were widespread strikes of ports on the East Coast, they were halted by a bandaid solution but the United States Maritime Alliance is set to resume contract negotiations on January 7th. The new year has arrived and so has the new wave of noteworthy news coming out of the supply chain space.
Now, it has been announced that over 60 private and public maritime organizations, as well as various governments at the national and regional levels have banded together to make a bold commitment. What is the group seeking to achieve with these talks? This year, shipping and the supply chain are playing a prominent role.
PROTECT Group. The full statement about the need for digitalisation in the maritime sector to be accelerated can be downloaded here. The post Industry bodies call for digitalisation to be accelerated in maritime sector appeared first on Shipping and Freight Resource.
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. Previous industry experience includes president and CEO of Port America Group and president and CEO of P&O Ports North America.
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.
The CEOs of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO), the global regulator, to create the regulatory conditions to accelerate the transition to green fuels and maritime decarbonization.
VesselBot, a technology company that brings transparency to Scope 3 transportation emissions, has released the December 2023 edition of its comprehensive report titled ‘Decoding Maritime Emissions – Highs, Lows, and Green Leaders across global ocean routes.’
Yangzijiang Shipbuilding Group will construct 12 of these new structures, each with a 16,800-TEU capacity. Nevertheless, Hapag-Lloyd has raised its previous estimate of group earnings before interest, tax, depreciation, and amortization from 3.2 These units will be used to increase the existing services’ capacity. billion to 4.2
John Beckett, Chair of ICHCA, commented: “This unique grouping of industry leaders has the potential to coordinate data, research and best practices across the broad spectrum of the international movement of cargo. CHIRP Maritime is delighted to be part of the MOU,” added CHIRP’s David Watkins.
Now let’s get to the Supply Chain News: Descartes Acquires Sellercloud Descartes Systems Group, a standout provider in logistics solutions, announced its acquisition of Sellercloud, a US-based provider of omnichannel e-commerce solutions.
As part of its continued growth strategy, MPLS will acquire 100% of Transport Overseas Group GmbH from the start of 2025, including the locations in Belgium, Spain, Poland and the United Arab Emirates. Christian Weber, Managing Director of the TO Group, will complete the MPLS management duo alongside Steffen Klatte.
The CMA CGM Group , a world leader in shipping and logistics, is acquiring nearly 100% of the capital of GEFCO , a European leader in automotive logistics and international expert in multimodal supply chain. The post CMA CGM Group acquires GEFCO appeared first on Logistics Business® Magazine.
Heads of the world's leading associations for the world port community met recently in London at the Baltic Exchange to establish a stronger, unified voice of the port sector in the maritime industry as a whole. "It It is in the mutual interests of shipping and ports to cooperate more closely,” said ICS Secretary general Guy Platten.
The bidding process has seen initial registrations from two shipping companies, SM Group, and Harim. SM Group has expressed its willingness to invest up to $3 billion to merge HMM with its smaller SM Line, envisioning the creation of Asia’s largest carrier. The objective is to conclude the sale of HMM before the end of 2023.
The master contract between the International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) expires on September 30th, 2024. The United States Maritime Alliance (USMX) represents employers of the longshore industry in those regions at 46 ports. 30th expiration date. 30th expiration date.
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. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around.
IMDG Code (International Maritime Dangerous Goods) is a code adopted by the Maritime Safety Committee of the International Maritime Organization by resolution MSC.122(75) Packaging Group. Hazardous cargo or Dangerous Goods (DG) refers to. 122(75) for the transportation of Dangerous Goods. Dangerous Goods Classes.
ContainerPort Group , a top-10 drayage provider in the United States, announced its owner operator network grew by nearly 20% during the second quarter of 2022, pushing the burgeoning CPG fleet to more than 1,300 strong. The post ContainerPort Group expends despite challenges appeared first on Logistics Business® Magazine.
Our third place entry was founded in Beijing in 1961 and is currently the result of a 2016 merger between Cosco Group and China Shipping Group to form China Ocean Shipping (Group) Company – hence COSCO. The company’s headquarters are located in Geneva, Switzerland. Fourth in line is the French company CMA CGM.
Stefan Krauter continues to explain: “It would also have been a good option for the management and employees to continue going completely alone, but since the ideal new strategic owner was found in NX Group, we were ultimately convinced that this was the right way to go forward.
Israel also attacked the Houthis’ positions last month, in an attempt to stem the attacks on commercial vessels, but the terrorist group struck back with drone attacks on ships. That ship caught fire after a missile struck it, leading to environmental and safety concerns in August. What comes next?
The Danish group Maersk Line said that “Due to the impact of the lockdown, we have seen an increased yard density for dangerous goods and reefer containers in Shanghai terminals. Therefore, the Chinese government decided to impose a full lockdown in Shanghai in order to maintain the Zero Covid policy on March 28th.
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. The core issue of each time charter is payment of hire, time, amounts and manner of which brings various disputes between the parties on a regular basis.
According to Vespucci Maritime, the port handled 1.1 Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights. million TEU in 2023, which would place it outside the top ten largest N.
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. Key to success. Conclusion.
Well, ARC Advisory Group , the owner of Logistics Viewpoints, has been conducting research on the PLC market for decades. Ocado Group announced that it has reached an agreement to acquire 6 River Systems from Shopify. Why do I find this interesting? And now on to this week’s logistics news.
Amazon is taking advantage of Europe’s multimodal capabilities to expand its use of maritime transport via sea routes. Amazon operates multiple maritime routes to move inventory between the two logistics centres. Amazon operates multiple maritime routes to move inventory between the two logistics centres.
Containers, which are one of the most important means of maritime transportation, are used for the transportation of the goods. Containers or cargo groups created by using different loads in partial transportation are called stacks. Therefore, the less containers used during transportation, the lower the transportation costs will be.
The Ocean Shipping Bill is intended to improve oversight of ocean shipping by the Federal Maritime Commission (FMC), the U.S. The Ocean Shipping Bill is expected to allow the Federal Maritime Commission to do three things that will help combat some of these practices and protect US companies: . What should customers know?
The increase of ship capacities in maritime transportation and larger capacity vehicles on road transport helps the development of international trade. Thus, without the need for countries to introduce tax rates and transfer limits again for each product group, a worldwide standard is established.
US officials are in talks with other countries about setting up a maritime task force to secure this crucial waterway and reduce the growing threat to traffic there. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
“The pressure to move and act now is being felt,” Christopher Palsson, managing director of Maritime Insight, recently told Bloomberg. After some years of slow activity, there’s now a lot of interest in wind, and we are seeing traction and movement. Still, it will take time.”.
The vessel’s first trip to its new home has been aided by DP World’s vast global network of terminals allowing it to dock in one of its own terminals where it will be fully serviced by various specialist teams from within the global firm’s group of companies.
req’d) Ikea is Buying Containers and Chartering Vessels (Maritime. Supply-Chain Management Is the Pandemic Era’s Must-Have MBA Degree (Bloomberg) Push to Let Teens Drive Trucks Interstate Divides the Industry (WSJ – sub. Read more Above the Fold: Supply Chain Logistics News (September 10, 2021).
The LHM 800 meets the ever-increasing demand for mobile heavy-duty cranes in the maritime sector. Liebherr-MCCtec Rostock GmbH is one of the leading European manufacturers of maritime handling solutions. About the Liebherr Group. The Liebherr Group is a family-run technology company with a broadly diversified product range.
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