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In this article, we take a closer look at maritime competition in Asia by examining the maritime picture for 2021-2024, using indicators such as maritime connectivity, port throughput, and container fleet size. As expected, this analysis reveals why China stands out as the most powerful maritime nation by a significant margin.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.
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. East and Gulf Coast ports presents a serious risk to the U.S. The potential strike at U.S.
The paper is based on a presentation made at the International Association of Maritime Economists’ … Continue reading → My colleague and I and a student recently published a new paper in the American Journal of Transportation and Logistics. You can see it below.
Maritime & Trade Operations relayed a statement from a Company Security Officer confirming damage to the vessel but assuring the safety of its crew, who are proceeding to their next port of call. This strategy aims to counterbalance perceived Western dominance and advance China’s own interests in the region. According to U.S.
The emergence of colossal vessels along primary routes has led to the resultant cascade of maritime traffic along secondary and tertiary routes. Few ports presently have the infrastructure capabilities or land side superstructures required in accommodating container vessels of immense proportions. A Shifty Scale? Conclusion.
Two major maritime routes – the Panama and Suez Canals – face unique challenges that continue to reshape the landscape of international trade and logistics. The Panama Canal’s Present Challenge The Panama Canal handles 3% of global maritime volumes and 46% of volumes from North East Asia to the US East Coast.
Uncertainty and volatility: both events caused businesses to reconsider their contingency plans, strategies, and priorities. The Breakdown The shipping industry is complex and subject to many economic and geopolitical factors that can impact supply and demand, and ultimately, shipping rates.
In this week’s episode of Logistics Matters with DC Velocity , our guest is Mary Murphy , senior director of managed logistics strategy for BlueGrace Logistics. It looks like it will be maritime operations. She discusses the rise in fuel prices caused by supply chain issues, inflation, and the Russian invasion of Ukraine.
The net present value of the future income the vessel will earn is used to calculate the vessel’s value. Since $1 million ten years later and $1 million now will not reflect the same value, the return in question must be determined by calculating the cash flow into the future or the present. This approach is past-oriented.
From the past to the present, the logistics transportation industry has made great progress. With the closure of ports, negative consequences in maritime shipping are experienced more frequently. The most important development among these is the widespread use of cold storage containers used for perishable foods.
Yet if shippers want to win the current battle with carriers, they are going to need to have a strategy involving the LTL market. This is occurring across the board for every channel of transport from trucking to maritime. While the shippers were the kingpins during the recession, carriers have the upper hand at the present time.
Supply chain and logistics operations have become central to differentiated customer experience strategies. Real-time delivery status updates are crucial for keeping customers informed about their orders, ensuring they are present to receive them, and confirming that the contents meet their expectations.
One of the best strategies of risk management is diversification of assets or revenue drivers. Brokerage leaders are turning to this strategy for their freight business. You see examples of this strategy in large brokerages today. XPO Logistics strategy has attacked diversity harder in the last few years.
So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. Finally, we’ll explore the potential impact (and coping tactics) for existing forwarders.
The route has been established by maritime and transport specialist, United Seaways. ” United Seaways has also announced the appointment of Amine Laghidi as Board Member in charge of strategy, public affairs, maritime and foreign trade.
Although we had seen many bad examples of the piling up strategy, due to lack of direction, these two ports are also now congested. So no matter how farfetched it may seem, the solution might be that farfetched option that you are presented with. East Coast ports, especially Savannah and Charleston due to proximity.
His Excellency Khamis Juma Buamim presented the award to John himself! He currently holds the position of Chairman of The Dubai Council for Marine & Maritime Industries and Group Chief Executive Officer, MD & Director at Gulf Navigation Holding PJSC.
His Excellency Khamis Juma Buamim presented the award to John himself! He currently holds the position of Chairman of The Dubai Council for Marine & Maritime Industries and Group Chief Executive Officer, MD & Director at Gulf Navigation Holding PJSC.
The seller marketplace is part of Walmart’s larger strategy to expand its services beyond those of a typical retailer. The surge comes as contract negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance have stalled, with the current agreement set to expire on September 30.
For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. If you are using warehouse simulation as an improvement tool to current operations, the first step is to create an exact computer model of your present end-to-end processes. Examples of use.
The Hanseatic League: Maritime Mastery During the Middle Ages, the Hanseatic League, a confederation of merchant guilds, became a driving force in European trade. Their extensive network of ports, warehouses, and trading posts revolutionized maritime logistics. References: Ballou, R. Business Logistics Management. Cengage Learning.
Widespread shipper resistance to the idea is now being voiced to the Federal Maritime Commission, which has yet to approve the change. The Executive Directors of Ports LA and Long Beach, the largest terminal operators, truckers who use those gates, will all be present and discussing over the 2 days. Sounds simple, doesn’t it?
When the International Maritime Organization (IMO) meets in London this week (9 April 2018), the stakes are high. For many years, maritime GHG emissions have not been discussed prominently in international climate negotiations. Therefore, consensus will hopefully apply to IMO’s initial GHG strategy, too.
The ‘Award of Excellence’ was presented by Kieran Ring, Chief Executive of the Institute at the North American Industry Dinner held to honor the memory of founding Chairman Robert V. Delaney, during the US 3PL Summits at the Buckhead Intercontinental, Atlanta on 27 June 2006.
But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The company is present in 38 nations and has more than 40,000 employees. Further, historically Molex had a focused sourcing strategy.
Looking forward to 2023, we can see that some issues from 2022 will continue to trend for a while and will continue to present us with challenges. As a result, even if these recent issues seem negative and extra costly, there is always hope and growth for businesses when the right strategies are followed.
By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘.
The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.
The negotiations are in line with the CMA CGM Group’s long-term strategy, based on the two pillars of shipping and logistics. The Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs. If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities.
Oceaneering International has launched a new business, OceanSMART Cargo Logistics and Maritime Technology, which aims to eliminate waste and increase transparency within the bulk commodity cargo logistics industry. The industry is one where there is little transparency, inherent conflicts of interest, tremendous waste, and misinformation.
Since January 1, 2020, the International Maritime Organization (IMO) implemented a sulfur cap, known as IMO 2020, which set a limit concerning higher sulfur contents in fuel oil consumed by ships. Every carrier will use a strategy that best meets its needs in both the long and short-term. m/m instead of the current 3.5%
For shippers, carriers and logistics providers, the JOC ’s TPM (Trans-Pacific Maritime Conference) is one of the must-attends on the annual events calendar. I caught up with one of Freightos’ delegates after the conference and scoured through the presentation material for insights. Five Key Takeaways From TPM 2016. It should.”.
A lack of understanding of the danger present may have fatal consequences. The key risk is that workers may not readily recognise spaces that could present danger,” he states. While not exhaustive, TT has developed a checklist of risk mitigation strategies that can be applied across all modes, whether on land or at sea.
Clean Logistics has presented its first hydrogen-powered zero-emission truck to the public, in Hamburg. Dirk Graszt, CEO of Clean Logistics: “We are very excited to present our fyuriant today. Last summer, the company handed over the first converted bus with fuel cell hydrogen drive in public transportation in Europe.
Mark Mulder, P&O Ferrymasters ’ Contract Logistics Director, said: “This new warehouse capacity at Genk is a vital addition to our port-centric logistics strategy and growing pan-European intermodal network.
digitally transform the business and its strategy. Nail Polish : day to day product present in almost all households and should be harmless for shipment. Digitization and digitalization are about technology whereas digital transformation is about the customer.
Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. And, not to be left behind, it’s also pursued a horizontal integration strategy, acquiring a growing fleet of airplanes. And both shifts will have major ramifications on customers – importers, exporters, and online sellers.
Based in San Francisco, Shone is specialized in applying AI technology for maritime transportation. Upon completion of the development, the innovation will facilitate the work of crews on board, providing decision support, maritime safety or piloting assistance.
At the online awards presentation on 10th April 2021, the pioneering Hyster solution received the award for its unique design which helps terminals handle containers on the second rail, reducing damage and improving efficiency.
Deputy Prime Minister Somkid Jatusripitak laid out the broad outlines of a three-pronged investment strategy, involving mega-projects, development of the country’s Eastern Economic Corridor (EEC), and creation of digital infrastructures. None of this is stopping Thailand from embarking on a journey to achieve that very goal.
The boards of directors did not, however, find any satisfactory solution which would have addressed the concerns of the CMA and which would have been in the best interest of the shareholders of Cargotec and Konecranes, and of the combined company, without jeopardising the rationale of the proposed merger as presented on 1st October 2020.
Lauren is maritime industry expert & lawyer who specializes in translating FMC regulations and breaking down supply chain silos. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor. About Squall Strategies. About The Maritime Professor.
He adds: “cargo-partner will also continue to work with its current global agents’ network, strive to expand this section of its business and support it in future with its upgraded platform which is presently under development.” “I What an interesting and rewarding challenge at the end of my career!”
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