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Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company. While earning his degree at Canisius College he needed a job and found himself working in the logistics industry. and Canada. and Canada. About Lauren Beagen Lauren M.
The progress report follows Ship It Zero’s 2023 Report Card , where the campaign graded more than two dozen retailers and shipping carriers on their efforts to decarbonize and develop zero-emission fuels for maritime shipping. I KEA earned a B+ in our 2023 Decarbonization Report Card and was the highest scoring company overall.
He is a globally experienced leader in the maritimeindustry with extensive operational experience and a proven track record of growing businesses and creating long-term value for customers and stakeholders. Prior to that, he was the CEO of Global Container Terminals. Learn More About The Port of Virginia. Stephen’s LinkedIn.
P&O Maritime Logistics, a leading provider of maritime services globally, today announced plans to convert one of its Multi-Carrying Vessels (MCV’s) into a Cable-Laying Vessel (CLV). Martin Helweg, CEO of P&O Maritime Logistics said: “The conversion of our vessel is a real step change.
Bureau Veritas (BV) has produced a feasibility study to estimate the usefulness of carbon capture from marine engines. BV is a multinational risk management insurer and classification society with a strong maritime profile. The study was conducted by QIYAO EnvironTech … Continue reading →
Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. Studies predict that fuel costs may rise by 10-15% by 2025, making efficient routing a priority for logistics providers.
Offering LNG services based on the needs of industry, heavy cargo transport and seafaring, ranging from LNG deliveries to turnkey solutions, Rohe works with the best in business in each field of industry. Rohe Solutions provides LNG for the needs of industry in the township of Lieksa.
Environmental and Safety Regulations: International bodies such as the International Maritime Organization (IMO) set stringent rules, including the IMO 2020 sulfur cap, to reduce emissions from ships. A Deloitte study revealed that companies using compliance management systems reported a 30% reduction in regulatory violations.
” In a recent video message to union members, shared during the September meeting, Dennis Daggett, executive vice president of the ILA and son of Harold Daggett, described automation as a “cancer” in the port industry. This is expected to enhance productivity and contribute to a boost in economic value added to the U.S.
As discussed on More Than Shipping of late, there is a large movement in the shipping industry to move towards a carbon neutral future. Per the recent Nature Energy Journal study, over 40% of current container ship traffic could be electrified with current technology that’s widely available today. The Future of Shipping might be here.
Is green ammonia the answer for the shipping industry? Another study has now found that green ammonia could replace these alternative fuels and become a leading green fuel source for the shipping industry. A new study published by the Institute of Physics shows that green ammonia could fuel 60% of shipping worldwide.
The growing expansion of the shale oil industry, and surges in Texas crude oil production, have led to a number of logistics problems for Texas ports, which were originally designed to accept oil imports instead of carrying out oil exports. The post Feasibility Study at Port of Houston appeared first on More Than Shipping.
“ Although containers lost overboard represent less than one-thousandth of 1% (0.001%) of the roughly 241 million packed and empty containers currently shipped each year, the industry is deeply concerned about this development. Revision of the IMO’s guidelines for the inspection programs for cargo transport units, including containers.
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. Simon Shore is Managing Director for Supply Chain Modelling and Maritime solutions globally at Korber Supply Chain. from originally 3.5%
The Port of New Orleans ( Port NOLA ) recently launched its digital Learning Toolbox aimed at educating Louisiana students about the role that the local maritimeindustry and the Port play in everyday lives. Christian, President and CEO of Port NOLA. “For
Watch industry experts unpack these impacts and what to expect. Like all other industries around the world, the shipping, freight, maritime, logistics and supply chain industries were also impacted cause major upheavals in global trade. Supply chains and consumers have been heavily impacted.
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.
Speaking recently on a panel of governmental and industrymaritime experts at COP27, Christian Pryce, chief commercial officer of the Port of Dover , said: “Decarbonising the world’s busiest maritime corridor will deliver a seismic boost to the UK’s recently announced green shipping ambitions that include the US, Norway and the Netherlands.”.
The Spanish automotive manufacturers’ association, Anfac, has just released its annual Maritime Port Logistics Grading study, which identifies Santander (pictured), Sagunto and Pasajes ports as currently the best for vehicle processing in Spain. One aspect the study identified as being key was good road access to ports.
Studies by Simpson, Spence and Young, a leading global shipbroking firm, seem to indicate that emission benefits of slow-steaming have been exaggerated. One reason offered is that the ‘cubic law’, which says that fuel consumption rises as the cube of … Continue reading →
However, when the speech and the underlying fact sheet is studied more closely, it unfortunately contains a range of misconceptions about how the shipping industry works. 23 of the quarters out of 48 from 2008 through 2019 saw the industry have a negative EBIT margin. Multiple elements are mixed into the same “bag.”
All the students are Juniors (3rd year) at their university and are a mix of studying to either be a seaman or they are studying marine logistics. The group of university students used the opportunity to learn more about the Thai marine and logistics industry as well as how Japanese businesses operate within the country.
The WSC said its “Containers Lost at Sea – 2023 Update” report revealed positive developments in container safety within the international liner shipping industry, saying the 2022 losses represent a tiny fraction of the 250 million containers currently shipped each year. But industry voices have noted concerns.
While the notion that maritime transport could be “zero-carbon shipping” by 2035 may seem fallacy to the majority, a new report reviews the pathways to zero-carbon shipping. “The industry has to aim to completely de-carbonize, something that realistically will not be until the second half of this century.
The impact of anticipated factors, such as the International Maritime Organization (IMO) 2020 initiative, and the full implementation of regulations to reduce sulfur oxide emissions, are not entirely measured yet. International Maritime Organization (IMO) regulations on sulfur oxide emissions will go into effect in less than 10 months.
You will be able to plan long, medium, or short distance routes and the preparation of delivery routes by choosing the best possible combination of means of transport after studying the Transport and Logistics Training Cycle. Maritime transport. People or goods are moved from one geographic location to another by maritime transit.
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.
Produced by converting the biodegradable part of household waste from the Marseille Provence region, BioLNG would allow for the decarbonization of shipping services departing from the Grand Port Maritime in Marseille and would be used primarily for the CMA CGM Group’s LNG-powered vessels. The project forms a circular economic system.
It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst.
Case Study. Requirements of all candidates are that they are a 3PL, freight broker, motor carrier, rail/intermodal provider, or maritime company that generate at least U.S. $5 Food Chain Digest Names 2022 Top Food Chain Providers Show Submenu Resources. The Logistics Blog®. Whitepaper. BlueGrace Logistics. Food Shippers of America.
About 90% of traded goods are carried over water, and maritime trade volume is expected to triple by 2050 as demand increases. Additionally, the official video of the song on the Beatles YouTube channel has over 5 million views in less than 24 hours. And now on to this week’s logistics news.
Demand for chemicals is booming globally due to the recovery in industrial production and is exceeding pre-pandemic levels. With an annual cargo flow of around 15 million tonnes, the UK is the third-largest maritime trading partner for the Port of Antwerp. compared to 2020. Brexit: growth in declining market.
As if astronomical freight rates are not enough, understanding the anatomy of freight quotes and invoices requires an in-depth knowledge of the shipping industry that’s missing in many smaller companies, leaving managers unsure of their actual costs and what they comprise. The domestic transport in the country of import.
Jens Bjørn Andersen, CEO, DSV Panalpina, says: “This ambitious partnership fits well with our long-term targets to reduce emissions and find sustainable solutions for our industry. The project can spearhead the maturation of sustainable fuels while creating jobs and new value chains to reinforce Denmark’s role as a green energy leader.
This increased demand for domestic products may indirectly benefit export-oriented industries by allowing them to capture a larger share of the domestic market. High inflation can make imported goods relatively more expensive, potentially leading to a shift in consumer preferences towards domestically produced goods.
This initiative (to promote connectivity and cooperation amongst countries along land-based and maritime China-Europe routes, with benefits even spreading to other regions) is hot. SPECIAL FEATURE: FIVE TRENDS TO SHAPE THE SHIPPING INDUSTRY. Andrew Scorer, principal trade analyst at IHS Maritime & Trade.
Using preconfigured industry standards, such as aisle widths and pallet sizes, allows quick and easy simulated use of space: You can optimize your storage by evaluating different storage methods and racking types and the software will automatically show the number of pallet positions created. Making the best use of space.
Almost every industry has been affected by supply chain issues in recent times. With causes ranging from oversized ships clogging major maritime ports to the unprecedented influx of vessels waiting to be unloaded around the world, there are many factors affecting these recent supply chain strains. Is Rail Shipping on the Outs?
The two new buildings, 30,000 sq m each, owned by AG Real Estate and operated by Seafrigo for a fixed 12-year period, will be operating at full capacity by the end of the year and will accommodate logistics flows for large retailers and manufacturers in the food industry.
Samsung provides a case study of control towers in action. According to the 2016 3rd Party Logistics Study , 3PL customers are outsourcing more of their logistics services. The South Korean multinational conglomerate had outsourced warehouse and distribution activities to several logistics service providers.
A 2017 Global Sourcing study from American Shipper magazine found that 58% of shippers said their highest concern today is rising transportation costs. The ocean shipping industry might finally be righting itself, but shippers are still aggravated with issues. Previously, Gary was VP, Industry Development for ecVision for 9 years.
The shipping industry is notorious for being behind the times, but that stereotype may be challenged in the coming years. com, an app was recently launched that is said to have the capabilities to greatly reduce space inefficiencies within the shipping industry. According to an article on Splash247.com,
The new two-wheel drive tractor units, to be supplied by Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC), will be the first electric tractors at the UK’s largest container port. ZPMC is working with its partner Shacman to develop the battery-powered tractor units.
Shipping companies are a particular subject of such sanctions, as they may not be direct entities of US or EU sanctions, although the aforesaid restrictions will anyway affect their interests, as shown in several case studies. which may prevent from making a gross mistake and, as the result, bearing too high expenses.
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