Digitisation, Digitalisation, Digital Transformation are some buzz words that have recently taken the shipping and freight industry by storm.. Let’s take a quick look at what these terms mean and what it is all about.. Digitization may be defined as the transition from an analog format to a digital format.. Digitalisation is the use of digitization …
January 1st 2020 saw the implementation of IMO’s MARPOL Annex VI (colloquially known as IMO2020) regulated to lower the current global limit for sulphur content of marine fuels from 3.50% to 0.50%.. VLSFO (Very Low Sulphur Fuel Oil) is one of the options suggested by the International Maritime Organisation (IMO) to achieve this reduction.. Shipping …
Executive Insights is a series by Shipping and Freight Resource that provides ongoing insights and thoughtful analysis enriching the knowledge of the readers with what is happening in the shipping, freight, maritime, logistics and supply chain industry.. Executive Insights is also a chance to pick the brains of industry veterans, leaders and enablers.. In this …
Dealing with Missing Import Licenses “The import permit was rejected, because of missing license!” says your Customs agent in a text message. “Are you sure? We’ve been importing this for years!”, you reply. Unfortunately, similar conversations like the above happen all the time, and in all parts of the world because of various reasons.. Here …
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 shipping, freight, maritime, logistics and supply chain industry and providing thoughtful analysis.. Executive Insights is also a chance to pick the brains of industry veterans, leaders and enablers.. In …
TradeLens is a digital alliance among container shipping lines started by the teaming up of Maersk and IBM to offer customers digital freight solutions.. Touted as an open and neutral industry platform underpinned by Blockchain technology, Tradelens is now supported by major industry players such as Maersk, Zim Lines, PIL, CMA CGM, MSC, Hapag Lloyd and …
Bulk and Break bulk are two terms that are being used incorrectly and interchangeably during the course of day to day business.. These terms cannot be used interchangeably because there are distinctive differences between Bulk and Break Bulk in terms of cargo, nature, size, capacity, handling, trade, customers, ports, terminals, equipment, infrastructure………………………………….. How do you …
The last year of the decade is fast fading into the horizon.. 2019 is almost done.. Personally for me, this means I have been a part of this dynamic industry now for 30 years = 10,950 days = 262,800 hours = 15,768,000 minutes = 946,080,000 seconds and counting Wow, time does fly when you are …
SOLAS VGM – probably a term which may have slipped many people’s minds as it seems to have successfully integrated itself into the mainstream container shipping process since its mandatory implementation in July 2016.. Now it seems to be back, but in a good way though.. In July 2016, the International Maritime Organization’s mandatory container …
Education is an important requirement in any field in order for anyone to learn about that field and put that learning to work.. Such education and learning may or may not be formal depending on various circumstances.. In one of my previous polls, I asked how many of my readers had a formal education like …