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Industry bodies call for digitalisation to be accelerated in maritime sector

Shipping and Freight Resource

The statement also calls on all stakeholders to cooperate on the development of platforms for the exchange of data and “smart working” along the entire supply chain, backed up by capacity building initiatives including workforce training and the introduction of enhanced cybersecurity provisions.

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Anglo-Eastern Extends DNV GL’s Navigator Port Technology to Fleet

Logistics Manager

DNV GL’s Navigator Port software is used daily onboard several thousand ships worldwide for management of port documentation, assisting seafarers in navigating the administrative and regulatory complexity of port clearance and passage through controlled waters. In all, DNV GL says that paperwork can be reduced by up to 90%.

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The importance of declaring correct cargo details and consequences of cargo misdeclaration

Shipping and Freight Resource

However there are still several incidents of such cargo misdeclaration including hazardous goods which have caused several maritime disasters. The guide is intended to provide an overview of the key practical duties under the IMDG Code for each stakeholder, while not seeking to meet the mandatory training requirements.

Cargo 87
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How Technology is Changing Ocean Shipping

Now, That's Logistics

However, these new systems also cost money, require training, and don’t always produce the return on investment (ROI) expected. Blame the high volume of required documents—invoices, bills of lading, letters of credit, and inspection certificates, etc.—with When it comes to the exchange of information, it is of course problematic.”.

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Pitfalls of digitalisation in shipping and freight

Shipping and Freight Resource

Whether digital or manual, the business of shipping involves a lot of documentation. Or forgetting the minus in -25° C when submitting the shipping documents to the shipping line or port. The Finished Product Name given by the client in the trade documentation could be Cover Girl Continuous Color Nail Polish. Image from : APL.

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The unspoken risk that’s hitting businesses. Hard

Logistics Business Magazine

Siloed communication across a supply chain, missing or misaligned documentation, the inability to track shipments and so on and so on. But as a collaborative tool, the platform acts as its own ecosystem; the more users on the tech, the more data points, the more sophisticated its outputs. Track shipments and identify loss patterns.

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Shipping Losses Hit Record Low in 2022

Logistics Business Magazine

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. South China, Indochina, Indonesia, and the Philippines maritime region is the global loss hotspot, both over the past year and decade (204 total losses). While these results are gratifying, several clouds appear on the horizon.