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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. Due to the downsizing of carriers in the recession, however, shippers are finding fewer avenues for moving their shipments.
Starting with the Red Sea, ocean expert Lars Jensen, of Vespucci Maritime, argued that the disruption is really a challenge, not a crisis. You can read the report and see our short webinar on the topic here. Progress in ocean digitalization Discussion of the role of technology in ocean freight was more prominent at TPM than ever.
Until then, we received some questions from a ShipChain community member, so Lee and I were glad to be able to put together some detailed responses and present them here on the blog to clear up any misconceptions. Can you share some feedback outside companies had on the recent webinar? Absolutely. TradeLens/IBM, quite honestly.
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 The Maritime Professor. The Maritime Professor??
The vessel is presently under arrest by SCA and who seek payment of their claims. Once the vessel is in a position of safety (we believe that the vessel is presently in a position of safety at Great Lakes), salvors would require provision of adequate security from the interested parties prior to handing over the vessel. Conclusion.
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