World Economic Forum recognises Haven Inc., as Technology Pioneer
Haven, Inc., the California-based Software as a Service company that produces the premier Transportation Management System for international shippers, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”.
The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.
Synopsis of the webinar on the future of global supply chains
The latest WTO statistics say that world trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world. A resilient supply chain is essential to ensure a strong global trade.
Our survey on the impact of COVID-19 pandemic on the supply chain industry revealed how vulnerable the industry was with the results showing that 35% of the market was totally unprepared for it and 59% of the market was severely impacted by it.
Based on these results, on the 4th of June 2020, we organised a Webinar sponsored by Ocean Insights on how the future of global supply chains would look.
This webinar, hosted by Eric Johnson, Senior Technology Editor of the JOC featured Steve Kranig of IM-EX Global, Inc., Pritam Banerjee of Asian Development Bank and Robin Jaacks of Ocean Insights as panelists.
For those of who missed out on this insightful and informative webinar, here is a synopsis of what was discussed.
Should ship Captains be personally responsible for the safety of cargo on board..??
The Master of the APL England was charged for offences relating to pollution and/or damage of the Australian marine environment as a result of poor cargo loading but has been allowed return home on certain bail conditions while the ship is still detained in Brisbane..
A look at some of the comments from some Captains, seafarers and industry experts on whether ship Captains be personally responsible for the safety of cargo on board..??
Keep ships moving, ports open and trade flowing says IMO and UNCTAD
The world’s reliance on maritime transport makes it more important than ever to keep ships moving, ports open and cross-border trade flowing, and to support ship crew changeovers, the United Nations maritime and trade entities said in a joint statement.
The International Maritime Organization (IMO), which regulates shipping, and the United Nations Conference on Trade and Development (UNCTAD), which tracks world trade, reiterated calls for Governments to promote crew well-being by allowing crew changes and ensuring seafarers and other maritime personnel have access to documentation and travel options so that they can return home safely.
Government of India drives digitalization of the bill of lading and trade documents with Portall and CargoX
India is digitalizing its bills of lading and other trade documentation workflows as one of the last missing elements within the country’s electronic Port Community System (PCS).
The PCS, offering the P-CaSo curated marketplace of specialized services, was built by Portall Infosystems, and they have integrated CargoX’s Platform for Blockchain Document Transfer (BDT).
UN entities and private sector join forces to tackle invasive species and reduce emissions
A ground-breaking Global Industry Alliance (GIA) has been launched to tackle two of the most pressing environmental issues of our time – invasive species and greenhouse gas (GHG) emissions.
The GIA brings together stakeholders in the private sector and the GloFouling Partnerships, a project led by United Nations entities to address the transfer of harmful aquatic species through biofouling.
The feel of the ship – Have you felt it..??
I am not a seafarer, but I have had the privilege of being onboard different types of ships when I was handling them operationally many years ago..
There is something about some of the ships that I have worked on that has given me a sense of comfort and made me feel at home like I belonged there..
I said “some” ships because some ships didn’t give me that feeling and gave me a sense of uneasiness and I have felt like wanting to get out of there ASAP..
Mind you, I am talking about the “ship” and not about the people onboard the ship..
Well, it turns out that not just me or the ship’s crew that have a connection with the ship, but also Marine Pilots have or get this “feel of the ship” which they are navigating in and out of ports and it is quite important for them to get the feel of the ship..
I found this out when I got talking to Capt.Roberto Caballero Vega a Panama Canal Pilot of over 25 years who very kindly allowed me to reproduce his article about “The feel of the ship: The essence of Piloting” below..
ZIM courts eCommerce market with the fastest service from South China to Los Angeles
Fresh from their recent positive results in Q1 2020, ZIM has launched a new service in record time to cater to the growing e-Commerce market demand..
The New service is a speedy, dedicated service from South China to Los Angeles US West Coast which will commence on the 22nd of June 2020..
The service aptly named the Speedy ZIM eCommerce Xpress (ZEX), is a custom made service for time-sensitive cargo with a transit time of only 12 days from Yantian and DaChan Bay in South China to Los Angeles in the US West Coast making it the fastest service in the market..
Want to learn how to use Incoterms® 2020 effectively..?? Then read this..
For the past 84 years, Incoterms® has been the cornerstone of global commercial trade, for robust trade negotiations directly or indirectly between parties and the rules have become the standard in international business rules.. BUT, THERE IS A BIG PROBLEM..
As per Emily O’Connor, Director of Trade and Investment for the International Chamber of Commerce (ICC), “people will frequently choose the wrong Incoterms® rule for their transaction”..
O’Connor has emphasised the importance for anyone who uses the Incoterms® rules to learn or re-learn them – even if you consider yourself an expert – in order to avoid costly mistakes in the process of shipping their goods..
There are several consequences of using the incorrect Incoterms® and users need to fully comprehend what it means when they put a three-letter Incoterms® rule into their sales contract..
But no worries, credible and reliable guidance is at hand for you now..
Industry bodies call for digitalisation to be accelerated in maritime sector
“There is an urgent need for inter-governmental organisations, governments and industry stakeholders concerned with maritime trade and logistics to come together and accelerate the pace of digitalisation“..
This is the message from several industry bodies representing a range of shipping, port, cargo handling and ship operating organisations..