SCIT19 – where Supply Chain, Innovation and Technology come together

Supply Chain, Innovation, Technology - Shipping and Freight Resource

The digital era for supply chain is well under way.. Technology and supply chain having seemingly become inseparable..

Technologies such as Blockchain, IoT, Big Data, Machine Learning, Artificial Intelligence are all finding their niche in the whole process of supply chain..

Whether it is in terms of issuing a smart bill of lading to a customer miles away or ensuring quick delivery of mandarins to China, technology has found its place in supply chain and its influence is growing..

Digital freight forwarders are leveraging these technologies and offering instant solutions as required by BCOs and others involved in the industry.. These technologies also seem to have spawned Digital Shipping Lines who are seen as serious competition to the digital freight forwarders..

There have been and are many discussions, arguments, disagreements surrounding these technologies..But one thing is clear and that is the fact that there needs to be lots of effective and productive discussions about the use of technology, the innovations that has already happened and their future..

If you are interested in such discussions, Microsoft New York Headquarters, 11 Times Square, New York is the place you want to be, on the 19th and 20th of June 2019..

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BOXBAY – A high rise container storage solution by DP World

DP World BOXBAY - Shipping and Freight Resource

DP World who are well known for their container terminal operations around the world has come up with an innovative solution which is designed to transform the way containers are handled in container terminals – whether greenfield or brownfield..

A greenfield terminal is a newly built terminal built from scratch for the purpose of container terminal operations, whereas a brownfield terminal is an already existing container terminal which needs to be modified or upgraded and has several infrastructure or development constraints such as space..

In this day and age where the urban world is facing space constraints in terms of land, whether it is buildings or container terminal storage, the only way seems to be UP..

A new joint venture between global trade enabler DP World and industrial engineering specialists, SMS Group has done just that by launching BOXBAY – a new high bay container storage system that will transform the way containers are handled in the ports it operates in..

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Maersk Triple-E vessel to sail on biofuel

vegetable oil powered ship - shipping and freight resource

Maritime transport (sea transport) accounts for around 90% of the global trade.. While the greenhouse gas emissions from shipping is much lower than other modes of transport at around 2.6% of total global emissions, this share could more than triple by 2050 if additional measures are not taken to reduce these emissions..

The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment since the 1960’s and in 2016 adopted a new regulation commonly termed IMO 2020..

In line with this requirement and in an effort to reach its net zero CO2 target by 2050, Maersk Line will be teaming up with a group known as Dutch Sustainable Growth Coalition (DSGC) consisting of Dutch multinationals – Friesland Campina, Heineken, Philips, DSM, Shell and Unilever (many of them Maersk Line’s customers) on a pilot project to test the use of second-generation biofuels.

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An innovative solution for empty container crisis

collapsecon - collapsible container - empty container crisis - shipping and freight resource

In 2017, global seaborne trade reached 10.7 billion tons.. Of this, containerised trade accounted for 1.82 billion tons..

Containerised shipping is an important component of global trade and currently there are over 22 million containers operating around the world..

The humble and ubiquitous container which was created in 1956 is universally hailed as one of the greatest inventions of the modern world, one that completely changed the way in which business has been done since the 20th century and really and truly made the world a smaller place and the one true architect of Globalisation..

But, as much as it is important in the global trade, to many ports around the world, empty containers seem to have also become an annoying fact of life..

There may be a solution to this empty container crisis..

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The New York Supply Chain Meetup

shipping and freight news

There is a discernible difference between Maritime, Shipping, Freight, Logistics and Supply Chain industries.. All performing various functions, but all connected in the grand scheme of things, keeping the propellers of global trade churning..

In very simple terms, Supply Chain is the whole granddaddy process comprising of all aspects in a product cycle, for example from picking of the fruit at a farm in Point A to delivering the fruit to the shelf at a store in Point B using all of the above-mentioned industries, businesses and services..

By some estimates, inefficiencies in the global supply chain impose overhead costs of between 15% and 20% of global GDP cumulatively – supply chain inefficiencies dampen corporate profits and lower societal well-being..

This presents an opportunity to solve a large and pervasive global problem, and to significantly boost global economic growth and prosperity in the process..

We report on the latest with The New York Supply Chain Meetup who are on their 10th meetup with #TNYSCM10..

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Hello, this is your Captain speaking

Captain Peter - RCM Virtual Assistant - Shipping and Freight Resource

Smart containers are containers which are equipped with sensors designed to provide real-time tracking of their location and movements..

Using this technology, whether you are a shipping line, customer or security agency, you can track the progress of your containers anywhere in the world, plan your equipment and stock inventory which could possibly lead to reduced costs..

Maersk Line is taking the RCM one step further by integrating a Virtual Assistant with it..

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Hamburg Süd unveils smart container with RCM

smart containers - shipping and freight resource

Smart Containers are continuing with its growth trajectory and well on its way to becoming a part of our daily lives it seems.. As I wrote in my previous article, Smart containers are containers which are equipped with sensors designed to provide real-time tracking of its location and movements..

Using this technology, whether you are a shipping line, customer or security agency, you can track the progress of your containers anywhere in the world, plan your equipment and stock inventory which could possibly lead to reduced costs..

CMA-CGM, Maersk Line, MSC, ZIM Lines, are some of the lines who are already offering smart containers in the market..

Hamburg Süd (now part of Maersk Line stables) became the latest line to announce its future use of Remote Container Management (RCM), which was announced at the Fruit Logistica 2019 in Berlin..

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When Public blockchain meets Private blockchain

blockchain - shipping and freight resource

The blockchain technology and its integration with IoT seem to be quickly catching on and the practical uses and benefits of these integrations would be interesting to watch..

Recently two companies announced that they will come together to create a joint platform to service thousands of users in the transportation sector..

One is RoadLaunch, an intuitive, fully integrated and easy-to-use system for freight quoting, dispatch, capacity management, load matching, asset tracking, transparency and instant settlement..

The other is CargoX, a multi-award winning open and independent platform based on blockchain technology highly regarded as the optimal way to transfer information of value in the digital shipping business..

This partnership will integrate CargoX’s Blockchain Document Transaction System technology, powered by the Ethereum Network, with RoadLaunch’s permission-based blockchain platform..

How will this work..??

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Executive Insights : CEC Systems – Collapsible Container

Executive Insights - CEC Systems CEO - Nicholas Press - Shipping and Freight Resource

Executive Insights is a series by Shipping and Freight Resource that provides ongoing insights, enriching the knowledge of the readers with what is happening in the world of shipping, providing thoughtful analysis, and everything else you might want to know about the maritime, shipping, freight, logistics and supply chain industry..

Executive Insights is also a chance to pick the brains of industry veterans and leaders..

In this latest edition, Shipping and Freight Resource caught up with Nicholas Press CEO of CEC Systems for some insights into the challenges in the industry and the technologies..

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