Category Archives: General

Executive Insights: Brian Laung Aoaeh and Lisa Morales-Hellebo, co-founders of The New York Supply Chain Meetup

Brian Laung Aoaeh and Lisa Morales-Hellebo, co-founders of The New York Supply Chain Meetup LLC, operate under the mantra “the past ran on supply chains. The present runs on supply chains. The future will run on supply chains. The world is a supply chain.”

In their efforts to realize this vision, Brian and Lisa have joined with other supply chain professionals to curate and organize events that seek, find, encourage, and include a wide range of views and ideas on the most significant problems related to global supply chain networks.

Welcome to The New York Supply Chain Meetup..

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emergency bunker surcharge - what is your opinion

Emergency Bunker Surcharge – is it really an emergency..??

Depending on which carrier you use, you may come across various abbreviated variants of BAF (Bunker Adjustment Factor) such as BUC (Bunker Contribution), SBF (Standard Bunker Adjustment Factor) etc..

In the last week of May 2018, many carriers implemented what is known as Emergency Bunker Surcharge (EBS) or Emergency Bunker Fee (EBF) or Emergency Fuel Adjustment Factor (EFAF)..

Join the debate on whether this Bunker Surcharge and the quantum actually qualifies as “Emergency”..

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5 Technologies that are shaking up the freight industry

If you work in logistics, there’s a good chance that your company, and even your position, will look very different in a few years. That’s because the technology that makes our jobs possible is improving so fast that we’re still struggling to catch up!

The emphasis is being placed on client satisfaction, customer management, and finances affecting the profit margins. Good organization and planning have become critical in exporting and importing. As the years have passed, the freight industry has turned to technology to increase profits by streamlining their business.

At this point, you should be asking yourself, is my company heading the right direction? If the answer is yes, the five new trends in digital technology posted below will be of particular importance. If you haven’t been keeping up, now is a great time to get on board.

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International Code of Signals - shipping and freight resource

International Code of Signals and its application in the maritime industry

From the time that languages came into being, till date there is no ONE common language around the world that is understood by all..

Every country, region has its own language which brings along with it communication barriers..

These communication barriers affect maritime industry as well, as there are seafarers of different nationalities involved in the trade.. Different nationalities obviously means different languages and there could be these language barriers when communicating between ships..

Majority of the seafarers come from countries like Philippines, Indonesia, China, Russia, Turkey, India, USA, Japan, Korea, Canada and Malaysia.. Most of these countries are Non-Native English speaking countries so one can imagine the gap in communication between ships..

The International Code of Signals (ICS) was created to overcome these language barriers and allow ships to communicate with each other especially in situations relating to safety of navigation and people..

The International Code of Signals is an international system of signals and codes used by ships to communicate short but important message between themselves..

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Shipping and Freight Resource Opinion

And then there was ONE (Ocean Network Express)..!!!!

As far as container shipping is concerned, the current decade or the period since Y2K has probably seen the most number of consolidations, mergers, acquisitions and alliances than any other period in container shipping history..

Could ONE (Ocean Network Express) which is the latest, be probably the last one (at least for now) in the string of consolidations, mergers and acquisitions..??

Spare and share your thoughts..

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Why you should subscribe to my blog

Dear Readers including those of you who commented on the blog, thanks for visiting and reading and commenting on the blog.. I would request that you SUBSCRIBE to this blog either via the RSS Feed or via email..  What does this mean..?? If you subscribe to this blog via the above methods, each time an […]

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