Tag: supply chain

Irit Singer, Chief Marketing Officer at Windward, explains that ‘actionable visibility’ is vital for a more resilient supply chain. Implementation of IoT devices, widespread adoption of AI-powered solutions and machine leaning can help towards, and they should be utilized by all maritime stakeholders who are interested in improving their operational efficiency.

The period of 2020 to 2022 saw a historical spike in container freight rates. At its peak, the Shanghai Comprehensive Container Freight Rate Index was five times higher than the pre-covid average. Container ship earnings surged even more, to almost nine times the pre-covid average, explains Mr. Jan Hoffmann, Head, Trade Logistics at UNCTAD.

A new insight brief series was released this week from the Global Maritime Forum which identifies four actions that maritime and shipping industries can take now to support shipping’s transition to a sustainable and resilient zero-emission future.

Held under the patronage of the UAE Ministry of Energy and Infrastructure, Seatrade Maritime Logistics Middle East, the flagship event of the UAE Maritime Week, will shed light on the region’s offshore marine sector that is an increasingly important market segment within the maritime sector.

INTERCARGO urges members of the Joint Coordination Centre for the Black Sea Grain Initiative to further extend this important humanitarian initiative when the current extension expires on March 18th.

Held under the patronage of the UAE Ministry of Energy and Infrastructure, Seatrade Maritime Logistics Middle East, the flagship event of the UAE Maritime Week, is all set to take place on 16-18 May 2023 at the Dubai World Trade Centre.

After a tumultuous three years for global supply chains, ocean freight stakeholders are under pressure from shifting economic conditions, geopolitical influences and labour challenges going into 2023. That’s according to a new survey released by leading real-time supply chain visibility provider FourKites.

On Friday 24 February, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes, according to BIMCO.

Mr. Peter Sand, Chief Analyst, Xeneta, says that this year brings several challenges to the carriers but opportunities to the shippers and explains how the ongoing global supply chain crisis will evolve in the coming years, according to Xeneta data.

OEUK published its Supply Chain report 2023, providing a detailed analysis of what must be done by both industry and government to ensure the UK builds a competitive offshore energy supply chain with the capability and capacity to deliver a net-zero future.