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2023 Expectations for Ocean Shipping and the Broader Shipping Industry

MTS Logistics

A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. This is in parallel with overall expectations from other industries, as the status quo will be the same for many different sectors. Lower freight rates. MSC has similar goals as Maersk.

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South Korean Shipbuilding Sees Highest Orders in Six Years, But China Still Leads

MTS Logistics

According to new reports and an analysis of market research, South Korea saw 16 new vessels ordered with a total of 820,000 tons. When the data is fully analyzed, it appears that South Korea received just under 50% of total shipbuilding orders worldwide in 2022. million tons. South Korea has a long history of shipbuilding.

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Sustainability and Decarbonization of Shipping

MTS Logistics

The International Maritime Organization (IMO) set a target to cut the sector’s carbon emissions by at least 40% by 2030 and 70% by 2050 compared to 2008 levels. Ocean carriers play one of the most important roles in efforts to reduce the overall industry carbon footprint. Cosco has set a goal to be carbon-neutral by 2060.

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This Week in Logistics News (August 5 – 11)

Logistics Viewpoints

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst.

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Sustainability Now Central To Last-Mile Delivery

Blue Grace Logistics

While the transportation industry is highly dependent on fossil fuels, there are several sustainability solutions to achieve a reduction in emissions, the benefits of improved fuel efficiency, and a lower logistics carbon footprint. The impact of the transportation industry on emissions and sustainability. Aerodynamic retrofits.

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Sustainability Now Central To Last-Mile Delivery

Blue Grace Logistics

While the transportation industry is highly dependent on fossil fuels, there are several sustainability solutions to achieve a reduction in emissions, the benefits of improved fuel efficiency, and a lower logistics carbon footprint. The impact of the transportation industry on emissions and sustainability. Aerodynamic retrofits.

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5 Ways Technology Can Help Logistics Companies Tackle New Year Demand

Locus

The many benefits of technology include increased speed of identification, reliable, accurate and quick data gathering, processing, analysis and transmission. zettabytes of data per year. The new year will bring with it faster digital connections and data-driven decision-making fuelled by 5G and the Internet of Things (IoT).