Global Maritime

On the road to digitalisation in freight forwarding

17 febrero, 2023

Source: MAERSK Digitalisation is shaking up the world of logistics, opening the doors to greater visibility, connectivity and agility. For the freight forwarding industry, the application of these new technologies has shown huge potential to simplify operations. However, it also presents a strategic challenge and a delicate balancing of priorities, investment, customer demand and capacity. All while navigating the industry’s complexity and fragmentation. Digitalisation is the use of digital technologies to change a business model and provide new revenue and value-adding opportunities. The COVID-19 pandemic, which brought massive supply chain disruptions and huge growth in ecommerce, accelerated digitalisation in freight forwarding. As the International Federation of Freight Forwarders Association points out, the pandemic exacerbated the need for simplification and supply chain resilience, which digitalisation helped achieve. The pandemic also supported the growth of digital freight forwarders. Digital forwarders use technologies to organise and coordinate the movement of goods – everything from taking bookings, managing documentation, tracking shipments, and for quotations and invoicing. The digital freight forwarding market, which accounts for about 8% of the total freight forwarding market, is recording steady compound annual growth rate (CARG) of 23%, according to Allied Market Research. In comparison, the global freight forwarding market as whole is recording a compound annual

IMO CARES: Addressing emission reduction and green technologies in Latin America

16 febrero, 2023

Source: IMO A virtual workshop on maritime decarbonization and Research and Development (R&D) in Latin America and globally was held in Panama (9 February). The workshop was organized by the IMO Coordinated Actions to Reduce Emissions from Shipping (IMO CARES) project and MTCC-Latin America with the aim of highlighting the role of green technologies in achieving more sustainable shipping. Maritime experts and sector specialist speakers discussed green energies and technologies (such as wind propulsion systems and solar energy); alternatives fuels (such as ammonia and hydrogen); the relevance of innovation, research and data collection to tackle emissions; the need for financial investments and collaboration withing stakeholders; and the importance of capacity building and inclusion, so no one is left behind in the journey towards decarbonization in the Latin America region and internationally. Over 200 participants from around the world also learned about how the IMO CARES project can help to support technology transfer globally, by bringing together stakeholders in the maritime sector and technology providers to help solving challenges in the work towards emission reductions. The objective of the IMO CARES project is to link the research and development initiatives in the Global North and the Global South to accelerate demonstration of green technologies and promote

New hydrogen project for the port railways

15 febrero, 2023

Source: Port of Hamburg Joint project “sH2unter@ports” researches implementation of a hydrogen-powered shunting locomotive . The question of how the operation of shunting locomotives in the port can be implemented in a climate-neutral way is now being addressed by a new joint project consisting of six partners from science and industry. The innovative research and development project will be launched at a kick-off meeting in Bremen on 26 January. The cooperation partners are made up of Eisenbahnen und Verkehrsbetriebe Elbe-Weser GmbH (evb), the Smart Mobility Institute at Bremerhaven University of Applied Sciences, the Institute for Energy and Circular Economy at Bremen University of Applied Sciences GmbH (IEKrW), Alstom, bremenports GmbH & Co. KG (bp) and the Hamburg Port Authority AöR. The project partners are working together on the goal of converting shunting locomotives in Bremen and Hamburg port areas to hydrogen operation. The prerequisites and requirements for the conversion are to be researched, the conditions for refuelling determined and safety and legal issues clarified. At the end of the project there will be a concrete implementation plan. The project should make an important contribution to achieving CO2 neutrality in the port by 2035. While passenger rail transport is already predominantly

Supporting European framework for hydrogen import infrastructure crucial to meet REPowerEU targets on time

14 febrero, 2023

Source: Port of Rotterdam The import of renewable and low carbon hydrogen is paramount if Europe is to end its dependency on Russian fossil fuels and realize its climate objectives in 2030. In REPowerEU, the European Commission rightly acknowledges the need for imports from outside Europe to complement local production of hydrogen and intra-EU hydrogen trading. Diversification of resources and the establishment of new maritime trading routes is key to ensure Europe’s energy security and diversify new, clean energy flows. A group of companies in the Rotterdam industrial cluster, including the Port of Rotterdam, OCI, Koole, Air Products, Shell, Vopak, VTTI and Votob has issued a joint statement asking European policymakers for a technology-neutral regulatory framework that supports investments of first-movers in import infrastructure in ports, facilitates the deployment of new and existing pipeline infrastructure and supports the set-up of new maritime import corridors. The signatories of this statement call upon EU policymakers and Member States to urgently:

Hydrogen-Powered Ships Are Coming. How Green Is Your Cruise?

14 febrero, 2023

Source: CLIA In the Caribbean, many cruise companies have bought islands and turned them into private resorts for the exclusive use of cruise passengerswho cavort in enormous wave pools, rush down 135-foot water slides with names like Daredevil’s Peak, and zip-line across wide beaches. But on Ocean Cay, an island 20 miles south of Bimini that MSC Cruises began leasing from the Bahamian government in 2015, there is no theme park, no giant water slide. Oh, there are plenty of bars, shops and wave runners. But the general aim is to provide a serene getaway and largely quiet activities — snorkeling, swimming and lounging on beach chairs — while scientists and students from the University of Miami and Nova Southeastern University in Fort Lauderdale research how toreverse the decline in coral reefs and develop reefs that can withstand climate change. MSC, which has a 100-year lease with the Bahamian government, invested $200 million to transform the island from a barren industrial site that had once been used to mine sand into a 103-acre haven of native plants and trees, surrounded by a 64-square-mile marine reserve. The island, according to MSC, is the centerpiece of an overall plan to make the company

Maersk Asia Pacific market update (January 2023)

13 febrero, 2023

Source: Maersk Keep your cargo sailing smoothly, with valuable insights from our Asia-Pacific Market Update for January The global demand outlook shows little sign of any short-term improvement. The developed nations are still facing inflationary and recessionary pressures which is dampening the outlook in Asia. Container demand has continued to fall with volumes back to pre-pandemic levels. But there may be reasons for optimism. The ending of China’s rigid COVID-19 restrictions, while leading to a surge in new cases in the near-term, has also led to predictions of a surge in demand and trade from the second half of 2023. Looking to the future, Maersk is also investing $174 million in a green and smart warehouse complex in Shanghai’s Lingang district to cope with future global and regional logistics demand. If there are new topics you would like to talk about, please let us know by filling out our survey from here. Market Trends Key manufacturing indicators remained largely flat in December and the short-term outlook remains depressed. Both the Global Composite Purchasing Manager’s Index (PMI) and global manufacturing orders were virtually unchanged in December compared with November, with the Global PMI standing at 48.2 compared with 48.0 in November. The

San Pedro Bay Ports release final drayage truck feasibility assessment

13 febrero, 2023

Source: Port of Long Beach STUDY EVALUATES STATE OF TECHNOLOGY, INCORPORATES STAKEHOLDER FEEDBACK The ports of Long Beach and Los Angeles have released a final report on the current state and overall feasibility of using clean, heavy-duty drayage truck technology throughout the San Pedro Bay port complex. The Final 2021 Feasibility Assessment for Drayage Trucks can be downloaded from the Clean Air Action Plan (CAAP) website, cleanairactionplan.org/strategies/trucks. The ports released a draft assessment in August 2022 for public review and comment. The 2021 assessment builds upon the inaugural 2018 assessment and examines the current state of technology, operational characteristics, economic considerations, infrastructure availability and commercial readiness related to zero-emissions (ZE) and low-emissions drayage trucks. The final report addresses feedback from a diverse group of stakeholders. The 2017 CAAP Update established goals of ZE drayage trucks by 2035 and ZE terminal equipment by 2030. As part of this strategy, the ports committed to developing feasibility assessments every three years to inform a joint approach to meeting those goals. The ports are working to accelerate the adoption and transition to ZE technologies and developing the necessary infrastructure. Currently, the ports are demonstrating 91 pieces of terminal equipment, including ZE yard tractors, top handlers,

Rio de Janeiro y Sao Paulo lideran la recuperación del sector de viajes y turismo de Brasil: WTTC

10 febrero, 2023

Durante 2022, Río de Janeiro reportó un crecimiento del 6.2% respecto al año anterior, con una contribución de 3.5% al PIB de la ciudadEn Sao Paulo, la contribución del sector aportó más del 2.3% al PIB del destino y representó más del 14.2% de la economía total de BrasilAmbas ciudades han superado los niveles de contribución al PIB turístico respecto a 2019 Fuente: WTTC El Consejo Mundial de Viajes y Turismo (WTTC), por sus siglas en inglés) señaló en su informe de Impacto Económico de Ciudades que Latinoamérica avanza de manera positiva en la reactivación del sector, y destacó el crecimiento de Río de Janeiro y Sao Paulo en su contribución directa de los Viajes y Turismo al PIB de cada ciudad, así como a los niveles de empleo. El informe de Impacto Económico de Ciudades, elaborado en colaboración con Oxford Economics, analizó factores clave para sector de Viajes y Turismo en 82 ciudades alrededor del mundo, incluyendo contribución al PIB, empleo y gasto internacional. En 2019, el sector de Viajes y Turismo contribuyó al PIB de Río de Janeiro con más de 3.2 billones de dólares, lo que correspondía al 3% del total de su economía; pero debido a

How tourism can forge a path to net zero

10 febrero, 2023

Source: CLIA During COP27 held in Egypt last month, the United Nations World Tourism Organisation (UNWTO) urged the tourism industry to take urgent action to reach net zero, and discussed the pathways to achieve measurement and decarbonisation, as well as regeneration and finance. According to the latest “United in Science” Report, CO2 emissions are on the rise with atmospheric greenhouse gas (GHG) concentrations reaching record levels driving rapid climate change which in turn threatens our way of life on earth. There is an urgent need to for every individual or corporate to take action. Nobody can afford to be complacent as climate change intensifies and takes a toll on socio-economic development. Common challenges across our industry to reach our net zero targets range from accurate emission measurement and reporting, to a fragmented regulatory landscape, insufficient budgets or hard to replace infrastructure. There are subsectors where costs for transformation can be prohibitive, resulting in a long-transition to net zero. Such is the case for asset-heavy sectors in the travel and tourism industry: aviation, cruise or hotels where it will take time to implement infrastructure improvements, or switch to hydrogen or electric powered solutions to reduce absolute carbon emissions. As global leaders

The importance of supply chain C-suite alignment

10 febrero, 2023

Source: Maersk The interest in supply chain logistics has skyrocketed since the COVID-19 pandemic. As The New York Times confessed, it didn’t have any journalists regularly reporting logistics until 2020. That quickly changed in the face of unprecedented delays and disruptions. And it’s not just the media that have awoken to the importance of logistics. Business executives are also taking a greater interest than ever before. For business executives, the C-suite, the shift in focus towards the supply chain goes back to the early stages of the pandemic. In the United States, the Bank of America observed that mentions of “supply chain” in earning calls by Fortune 500 companies’ chief executives went up 412% between 2020 and 2021. According to McKinsey, their 2022 survey was the first time business chief executives identified supply chain disruptions as being among greatest threats to growth for both their companies and their countries’ economies. They placed it ahead of the pandemic, labour shortages, geopolitical instability, wars, and conflicts. The 2020 supply chain crisis brought the supply chain to the attention of the C-suite, but ongoing unpredictability and disruptions need to keep it there. While many of the issues have eased since 2020, others have persisted and new challenges in the

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