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Carriers need to be able to guarantee shipments if they want to offer customers a good service. But customers will need to understand that service does not come free of charge
Free to read: Better box carrier service will come at a cost, warns Saadé | Partnerships and redundancy critical to surviving supply chain chaos | The Lloyd’s List Podcast: The case for ammonia as shipping’s fuel of the future
Large shipping and logistics companies all place digital transformation at the top of their agenda, but their progress has been too slow
Data analytics lies at the heart of the sector’s future growth. The survey shows that a significant number of tanker companies are keen to find out more. Good progress can already be achieved at reasonable cost
Transparency creates an opportunity to improve the efficiency of shipping via digitalisation and decarbonisation. But those projects alone do not create value — the next phase of shipping’s evolution requires innovation and new business models to drive value and that could be truly revolutionary
Transition bonds are also garnering interest as a bridge between green bonds and sustainability bonds, a Marine Money event heard
Seafarer abandonment cases continue to climb, while suicides are going uncounted. Meanwhile calls are growing to ensure crews are not denied coronavirus vaccines, and for the industry take better care of its workforce
As part of our continuing quest to assess the options for shipping’s carbon-free future we’re looking at the case for ammonia this week. Joining our sustainability editor Anastassios Adamopoulos to discuss why NH3 should be at the heart of any shipowner’s strategy is Milton Bevington and Stephen Crolius of Carbon Neutral Consulting
The development of artificial intelligence and robotics favours the richer economies, while weaker regions and countries will lose out unless international solidarity replaces nationalism
The landmark database continues to change, resulting in a significant increase in recorded shipping emissions for 2019 and raising familiar questions about its reliability and future use as the bedrock of EU emissions regulations
Ahead of the P&I renewals deadline we have been speaking to both sides of the annual battle. Clubs are seeking sharp increases in prices, while shipowners are trying their best not to end up paying more, sending their insurance brokers into bat to keep those rate hikes down. So who’s winning? This week we talk to: David Mahoney of Aon, Stephen Hawke of Ferrari, Gard’s chief underwriting officer Bjornar Andresen and Skuld’s executive vice-president Gregory Thomas.
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While the low-hanging fruits have already been taken, the next phase will see the integration and application of more disruptive technologies, such as data integration and analytics, and increasing use of automation and autonomous operations
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The positives of lockdowns include more phone and video communications with customers as business travel slumps, but shipping companies in the container sector are finding it harder to win new accounts because of shipper preference to stay with familiar carriers, while other activities such as contract negotiations or staff recruitment have become more complicated
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The benefits of remote working are likely to be offset by the loss of team spirit, fewer networking opportunities, and less chance for business travel and overseas postings that have helped shape the careers of today’s maritime industry leaders
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Digitalisation of processes was under discussion before Covid-19 struck, although there was a lack of urgency. Now, however, shipowners no longer ask tech companies about cost but about keeping ships running
Transparency creates an opportunity to improve the efficiency of shipping via digitalisation and decarbonisation. But those projects alone do not create value — the next phase of shipping’s evolution requires innovation and new business models to drive value and that could be truly revolutionary
The Wood Mackenzie statement came as CMA CGM chief executive Rodolphe Saadé said his firm will introduce liquefied natural gas-fuelled containerships on the transpacific trade later this year. ‘We can talk about projects that will happen in 10 or 15 years but what is important is what are the actions we are taking to protect the planet now,’ he said
As part of our continuing quest to assess the options for shipping’s carbon-free future we’re looking at the case for ammonia this week. Joining our sustainability editor Anastassios Adamopoulos to discuss why NH3 should be at the heart of any shipowner’s strategy is Milton Bevington and Stephen Crolius of Carbon Neutral Consulting
Ahead of the P&I renewals deadline we have been speaking to both sides of the annual battle. Clubs are seeking sharp increases in prices, while shipowners are trying their best not to end up paying more, sending their insurance brokers into bat to keep those rate hikes down. So who’s winning? This week we talk to: David Mahoney of Aon, Stephen Hawke of Ferrari, Gard’s chief underwriting officer Bjornar Andresen and Skuld’s executive vice-president Gregory Thomas.
The potential of Africa’s booming demographics are clear, but shipping has focused more on the risk than the rewards in recent years. That could be about to change with the US is increasingly looking like it wants to pivot to Africa and significant developments across several countries warranting a more optimistic looking at the near-term growth opportunities for maritime trade. Podcast regular Mark Williams, managing director of Shipping Strategy joins Lloyd’s List Editor Richard Meade this week to discuss the opportunities.
Despite significant efforts by international organisations, unions, companies and some governments to sort the crewing crisis, we are now starting to see the situation getting worse as governments bring in more travel bans in response to the new strains of coronavirus. On the podcast this week to discuss the implications is Graham Westgarth, chairman of V.Group, who warns that the crewing crisis yet to emerge will be when seafarers decide not to return to work
The Lloyd’s List/Inmarsat joint publication Digitalisation Uncovered – What’s Next for Shipping? shows primary drivers for digitalisation are cost reduction and operational efficiencies, followed by regulatory compliance
Video Analytics can be used to detect or even predict unsafe situations, spot unintentional operator errors, or avoid accidents by analysing historical events
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