Tuesday, March 28, 2023

Opinion

The paper bill of lading, one of the oldest documents in global trade dating back to the 17th century may be a thing of the past by the year 2030 if the members of the Digital...
Load shedding is the intentional and controlled reduction of electric power supplied to certain areas in order to prevent a total blackout or power failure. In the case of South Africa, load-shedding is being implemented by the...

Electricity is coming to South Africa, possibly by ship

South Africa is one of the largest countries in Africa, the 25th biggest in the world, and currently ranked 31st among major economies and...

Emerging and developing countries forced into multi-year period of slow growth..??

Sharp, long-lasting slowdown to hit developing countries hard 2023 global growth to slow to 1.7% from 3% expected six months ago 2023 forecasts...

Distrust of equipment, texting and driving or both..?? Cause of Ever Forward grounding

“An outstanding Easter Sunday rising” is how William Doyle, Executive Director of the Port Baltimore termed the refloating of the Ever Forward on Easter Sunday the...

Importance of MLETR in current and future trade environment

The increasing use of electronic mediums across the industry allows for improved efficiencies through the reuse and analysis of data, while enhancing trade connections...

6 simple steps to select the right AIS data solution to enhance ship visibility

Automatic Identification Systems (AIS) data provides benefits to many types of businesses, from maritime and shipping to commodity trading and investment analysis. While there...

Do you want Predictive Visibility in vessel ETA..??

Spire Maritime is a service provider for the maritime industry providing Maritime AIS, vessel tracking data, real-time and predictive visibility of vessel ETAs to...

Risks and Liabilities of paper trade documentation in current disruptive environment

Global trade has been around for centuries and since the introduction of paper some 2000 years ago, paper has been widely used in global...

Analysis of container spot freight rates vs contract freight rates

The debate surrounding container ocean spot freight rates vs contract rates rages on stronger than ever as the decline in spot rates continues unchecked.....

The Rise of the Alternatives in e-commerce last-mile deliveries

Additional charges and delivery restrictions by national carriers frustrate consumers Alternative last-mile carrier services are available and on the increase Regional carrier services...

7 challenges in last-mile delivery and steps to address them

Regardless of how well you manage all the major supply chain issues, if any problems occur during last-mile delivery, your order will be unfulfilled. It...

Port of New York/New Jersey’s “container imbalance fee” could be counterproductive

On the 2nd of August 2022, the Port of New York and New Jersey announced the  implementation of a new quarterly container imbalance fee...

Can US ports handle the privileges that American Port Access Privileges Act may bring with it..??

"Foreign exporters’ access to the American market and our consumers is a privilege, not a right. Cargo vessels looking to offload foreign-made products and...

How the Ocean Shipping Reform Act 2022 will address US supply chain disruptions – or not..

The Ocean Shipping Reform Act of 2022 (OSRA22), was passed by Congress on the 13th of June 2022.. Naturally, there have been bouquets and...

6 ways in which shipping industry is trying to achieve environmental sustainability

“SUSTAINABILITY IS NO LONGER ABOUT DOING LESS HARM. IT’S ABOUT DOING MORE GOOD.” We as humans have been abusing our planet in various ways both...

Your deep-fried favorites will burn a hole in your pocket

If you’re someone who likes cooking, you’re likely fuming at how expensive things have gotten in the last few months. While prices of fresh...

Electronic Bill of Lading – Are you and your country ready for it..?? Part 3

Some good seems to have come out of the COVID-19 pandemic after all.. Global trade has reached record levels, ocean carriers have gained record...

Are US exporters really being shunned by the carriers?

The Port of Los Angeles posted another record performance in February 2022 breaking its own record, handling 857,764 TEUs which is an increase of...

How US ports may have contributed to the global lag in container turn around times

The global supply chain and specifically the ocean freight industry and ports and terminals have gone through a very trying and tough time in...

Carrier on-time performance suffers due to lack of schedule reliability

January 2022 saw the global container fleet touching 25 million TEUs and a new number one container shipping line in the world with MSC...

Indian Admiralty Act 2017- Interpretation and effect

The groundwork for Admiralty laws in India were laid simultaneously with the codification of Admiralty laws in England. Even post-independence, the issues relating to...

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