Category "Trends"

The Seafarers of the COVID Frontline: The Role of the Maritime Industry

in Updates, Trends by

Since the beginning of the Covid-19 pandemic, the question of who is and isn’t designated a “key worker” has been a difficult debate, with many arguing that essential services go far, far beyond those provided by doctors and nurses. Although the UK government now officially recognizes seafarers as key workers, it’s arguable that the general public has little idea of the contributions made by these workers to the ongoing maintenance of the supply chain.

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How to Drive Business Intelligence With AIS Vessel Tracking Data

in Trends, Maritime Knowledge by

Navigation in itself is a multi-century old phenomenon, which has been there since mankind discovered what they could do with a piece of wood. However, modern ship navigation has experienced a lot of changes, and subsequent ‘rebirths’, over the last couple of decades.

One such year of rebirth was 1952: For the very first time, vessel routing services got introduced into the industry. 1952 is when vessels were retrofitted with a prototype that would later evolve into the Automatic Identification System (AIS) in the late 90s, something that ushered a new era in maritime navigation so to speak.

AIS data, when clubbed together, gives us all-around insights into the vessel involved, its speed, position, ship dimensions, as well as its draft, helping us identify when the ship was loaded or unloaded with its designated cargo. However, the last point is an application of various data points obtained via AIS, and not available via raw data obtained from the systems onboard.

AIS, as stated above, was originally meant for ensuring navigational safety, but has quickly proved to be a vital source of business intelligence for maritime personnel.

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Kiel World Economic Institute Predicts Imports and Exports with Artificial Intelligence

in Updates, Research, Partnering, Trends by

Kiel, May 6th, 2021: On Thursday, the Institute for the World Economy presented a new, AI-based leading indicator for international trade based on real-time data from global container shipping. On the basis of up to 250,000 continuously collected data points from up to 200,000 position data and up to 50,000 additional data on inlets and outlets, supplied by FleetMon, the Kiel scientists offer continuous monitoring of imports and exports of the largest economies China, Europe, and the USA.

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After Ever Given Accident: Call for Escort Tugs as Standard Becomes Louder

in Updates, Trends by

The accident of the large container freighter “Ever Given” (IMO 9811000) on March 23, 2021 in the Suez Canal will keep the global shipping industry busy for years to come. Many questions remain unanswered: Could an accident like this have happened in northern Germany, for example on the Elbe at the gates of the port of Hamburg? Or: What should be done to quickly remove a blockage? Hans von Wecheln, maritime consultant from Husum, shared his ideas with THB (Täglicher Hafenbericht) and FleetMon. We publish the letter with the kind approval of the THB chief editor.

CMA CGM Jacques Saade escorted by tugs, Hamburg port, Nov 2020, photo credits: ship spotter NiTho
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Sustainable Trends to Watch Out for in Logistics

in Decarbonization, Updates, Trends by

In 2021, the maritime logistics industry can scarcely afford to ignore its environmental impact. The transportation industry is a major contributor to greenhouse gas emissions, so it’s no surprise that sustainability has become a key trend in logistics. Fortunately, the future looks bright with innovative solutions and emerging technologies that promise to lessen the ecological footprint and boost performance. Here’s a closer look at some things to keep a look out for, going forward.

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11. mariLOG Conference: How to fix the carrier-shipper relations?

in Events, Trends by

The 11th international conference for maritime logistics (mariLOG) took place on May 4th, 2021 – as part of the online event of transport logistic 2021. Transport logistic is regarded as the leading trade fair for logistics, mobility, IT and supply management. In 2019, 2374 exhibitors and around 64,000 visitors from 125 countries gathered at the on-site event. This year, the fair is held as a purely digital event.

The mariLOG conference took place as a panel discussion between high-ranking market participants on the following topic: How can we fix what Corona has done to the relationship between carriers and their customers.

The corona pandemic is putting a strain on the relationship between carriers and their customers. The latter have complained that shipowners have used their market power inappropriately to drive up freight rates. In addition, there is a lack in contractual loyalty and service quality. The shipowners, in turn, point to the collapse in demand in the wake of the pandemic and to capacity increases on the main trade routes. What needs to be done to improve the relationship between the parties?

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Is the Shipping Sector on Track to Meet Climate Targets?

in Decarbonization, Research, Trends by

FleetMon supports ETH researchers to find the answer.

Fighting climate change demands action in all sectors. International shipping faces the challenge of long lifetimes of vessels compared to other modes of transportation. Decisions on energy carriers and propulsion technologies that are made now have a long-lasting impact on the emissions of the sector. 

A research group at the Institute of Energy Technology at ETH Zürich led by Prof. Dr. Konstantinos Boulouchos developed a fleet turnover model for the shipping sector to estimate its future CO2 emissions up to 2050. Thereby, the CO2 emissions of existing ships and those of new ships entering the fleet yield yearly emission figures. However, up until recently, a missing puzzle piece for such models has been how long existing ships will actually still be in service. Missing or prohibitively expensive data has prevented analyses on this topic.

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Suez Crisis Highlights Fragility of Global Supply Chain

in Trends by

First came the pandemic in 2020, something that roiled shipping and disrupted the supply chains in and out of China, which soon spread out to the rest of the world like wildfire. And then came one of the biggest hurdles the logistics industry has faced in years, the closure of the Suez Canal, dubbed by some as a ‘crisis’ and rightly so.

An estimated 12% of the world’s trade passes through the Suez Canal daily, representing almost $10 billion in trade on a good day as per Llyod’s List. Serving as the link between rising Asian powerhouses and relatively wealthier Europe, it is undoubtedly the most important waterway in the world.

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Green Ammonia – the Key to Decarbonizing Shipping?

in Decarbonization, Trends by

There’s no doubting the magnitude of the problem. And the urgent need to tackle it. Maritime shipping accounts for nearly 3% of the world’s annual CO2 emissions, says the IMO. In 2018, IMO delegates agreed to cut emissions by 50% from 2008 levels by 2050. But with less than three decades to go, the target seems more unattainable than ever. Developing viable alternatives to diesel fuel is a more time-critical challenge than ever before. Can green ammonia solve shipping’s carbon crisis?

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Suez Blockage Puts World’s Supply Chain at Risk

in Trends by

There’s no denying that the Suez Canal is the world’s most important waterway. The reason: about 12% of the global trade flowing through a single canal, one connecting two continents – Asia and Europe. The canal is so strategic that world powers have fought over the waterway since it was completed in 1869.

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