Remove Article Remove Examples Remove Maritime Remove Operations
article thumbnail

Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.

Maritime 134
article thumbnail

Navigating the Future of Automation: Using AI to Alleviate Port Congestion

MTS Logistics

Port congestion poses significant challenges to global supply chains, maritime trade, and overall economic efficiency. In this article, we’ll explore how these technologies can make a difference and enhance port operations. In this article, we’ll explore how these technologies can make a difference and enhance port operations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Maritime Law

Globalior

Maritime Law Maritime law deals with the treaties, conventions, and laws related to nautical matters, especially private maritime business. Important Points: Maritime law deals with private maritime issues, offenses, disputes, and other similar matters.

article thumbnail

High Freight Prices Are Burdening Shipper Logistics Operations

Turvo

For example, ship charter costs have grown since July 2020 from $10,000 to more than $200,000 in September of this year, and standard freight rates across all major routes also saw significant increases. In addition to this, port operations are moving more slowly during the pandemic because fewer people can work in ports simultaneously.

article thumbnail

The role of ship agents and shipbrokers in a digital shipping environment

Shipping and Freight Resource

The agent takes instruction from the principals to arrange the berthing, unberthing of the ship and its cargo/husbandry operations. The below article by Mikael Lind , Research Institutes of Sweden (RISE), Jonathan C. Ship agents and ship brokers constitute a substantial part of the work force in the maritime sector.

Digital 94
article thumbnail

Investors pouring millions into maritime startups

247 Customs Broker

Related Articles. For example, many retailers are battling low margin and are seeking to optimize their supply chains to save money and increase their bottom lines. GLP delists from Singapore Exchange as part of privatization process. GLP reveals when it will delist from Singapore Exchange.

article thumbnail

Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

However, the world is currently facing a significant economic slowdown, and this downturn is having profound effects on container shipping operations around the globe. For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% increase from 2020. The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021.

Analysis 100