EPIRB or Emergency Position Indicating Radio Beacon is a safety device carried by a vessel to alert search and rescue services, allowing them to quickly locate you in the event of an emergency. When activated it transmits a coded message on the 406 MHz distress frequency which is monitored by the COSPAS-SARSAT satellite system.
Partnerships and collaborations among players in the T&L value chain, including competitors, are needed to provide the foundation for the ecosystem. Many collaborations, such as Ocean Alliance and Yang Ming or Modern Terminals and TradeLens highlight the importance of partnership in order to achieve efficient operations.
Although blockchain poses challenges in the transportation and logistics sector, it also provides benefits. Since 2013, venture capital investors have poured approximately $300 million into startup companies offering blockchain solutions relevant to T&L.
In September and October 2018, BCG conducted an online survey of global companies in the T&L industry in order to assess their understanding of blockchain and their progress in adopting the technology. In order to acknowledge the promise of blockchain, T&L stakeholders must collaborate to develop an ecosystem that forges trust and creates mutual benefits across the value chain.
Be Cyber at Sea published an infographic presenting the benefits of e-learning. In today’s society almost everyone is connected and can be benefited from various online courses. These will help them improve their professional skills as well as their personality. According to the infographic, productivity increases by 43% when using a mobile device as a training device in contrast to non-mobile users.
The UK Major Ports Group summarized the results of a survey to the UK’s biggest port owners and operators on what developments could shape the port of the future, in line with the Government’s Maritime 2050 Call for Evidence. The survey highlights developments in augmentation-automation to transform competitiveness.
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