Give us a call or email us for more information where fleet management meets maritime technology. , Read the full newsletterhere. But it will also mean adopting new and continuously innovative technologies and solutions to meet this goal. July 19, 2022- MARITIME COMMONS- Maritime industry leaders will be converging in Stamford, Connecticut this October 11-13th for the 11th SHIPPINGInsight 2022 conference. 
Some of you may know that I am married to a market researcher. This essentially refers to Container Carriers or Port Operators making concerted efforts to diversify their product portfolio, in their quest to build last-mile delivery capabilities and provide end-to-end service, thus evolving from pure-play transport providers or terminal owners into entities offering the entire gamut of transport and supply chain-related services. 
Sometimes, he is able to identify such product improvements as grouping, Read the full newsletterhere. Your email address will not be published. While our industry. At SHIPPINGInsight our goal is to filter through some of these providers to bring the global shipping audience some of the most innovative new companiesand this year were bringing them to Posidonia 2022 in the SHIPPINGInsight New Tech Pavilion (booth 2.468 in the American Pavilion). Some of the more notable ones involving global carriers include Maersk taking over SeaLand, P&O and Hamburg Sud, CMA CGM acquiring APL, Hapag Lloyd taking over UASC, and COSCO buying out OOCL and the three main Japanese Carriers (NYK, MOL and K-Line) merging to form ONE. Last week we noted that the tide seems to be turning on industrys adoption of decarbonization tools and fuels with 63 newbuildings being ordered to accommodate future fuel usewhatever that might be. Achieving full industry decarbonization by 2050 will, quite literally, require all hands on deck. All Rights Reserved. How is a company to navigate choppy waters? SHIPPINGInsight 2022 will feature exclusive sessions highlighting the latest tech for decarbonization, digitalization, data management and display, tools of transparency, cyber security, compliance, automation, communications/satellite technology, training, disruption, diversity and more. Returning for 2022 is the Shipowners Roundtable Luncheon, the ever-popular SHARK TANK session, and the coveted SHIPPINGInsight Innovation Award. MANAGING DIRECTOR at INFINITY SHIPPING & LOGISTICS LTD, Director at Cybermarine Knowledge Systems, Head HR / Special Assistant To The MD / Admin Personnel at WHIU INTERNATIONAL LIMITED, 1800 E Putnam Ave, Old Greenwich, CT 06870USA, By continuing past this page, you agree to our, 1800 E Putnam Ave, Old Greenwich, CT 06870, Logistics & Transportation Trade Shows in USA, American Railway Engineering and Maintenance of Way Association Annual Conference & Expo, China (Shenzhen) International Logistics and Supply Chain Fair, China (Shenzhen) International Cross-border eCommerce Supply Chain Fair. These increased costs are primarily on account of the below: a) Bunker costs: With the need to comply with regulations lowering the permissible Sulphur content in bunker fuel, Carriers will need to select from a range of options available to ensure adherence and to avoid the risk of penalties and punitive action, besides the inevitable negative publicity in the event of their failure to do so. Availability of LSFO has also been flagged as a potential risk factor, since it might not be as readily available at common bunker locations, or not in the quantities required. Required fields are marked *. Examples of the former include Maersks takeover of SeaLand, P&O and Hamburg Sud, CMA CGM taking over NOL/ APL, Hapag Lloyd acquiring UASC and CSAV, ONE formed through the merger of the 3 Japanese containers carriers, while the latter category includes Hapag Lloyds recent acquisition of DAL (a strong player in the African trades). 2022 SHIPPINGInsight. Escuela Militar de Aviacin No. The laggards will be punished with higher costs and lower profitability. crv In an increasingly dynamic, Read the full newsletter here. Regulatory Compliance Challenges & Opportunities, Digitalization & Cyber Security Risks & Rewards.
If you are at Posidonia, stop by the SHIPPINGInsight New Tech Pavilion (booth 2.468) and meet our innovators firsthand. Then plan to attend both the Trading in US Waters seminar and the SHIPPINGInsight SHARK TANK both held in the Central Seminar Room beginning at 1030. No falten al Encuentro de Innovacin Educativa, #InnovaForum de la @Universidad de Guadalajara , "Aprendizaje hbrido y pedagogas activas". Give us a call or email us for more information where fleet management meets maritime technology, Industry Titans Headline SHIPPINGInsights Decade of Demand Conference October Event Explores Forces Impacting Shipping, USCG Commandant Admiral Linda Fagan to Receive Leadership Award of Excellence at Women Making Waves 2022 Event, Decade of Demand- Avoid being the low hanging fruit. This increased scrutiny will likely be a persistent trend over the next 2 years until the markets are correct and a semblance of parity is restored between Carriers and Shippers. Learn what industry experts believe is the pathway forward and associated challenges. As explained in the above point, Mergers and Acquisitions have been the defining trend in the Container Shipping industry over the past 2 decades, so much so that the competitive landscape has undergone a sea change since 2000. Carleen Lyden Walker Chief Evolution Officer SHIPPINGInsight IMO Maritime Ambassador +1 203 255 4686 (o) +1 203 260 0480 (m) c.walker@shippinginsight.com www.shippinginsight.com, Read the full newsletterhere. We'll send you periodic updates about the conference. The 11th Annual SHIPPINGInsight Conference will return in-person from October 11-13, 2022. The trifecta of society, charterers and regulators are forcing the shipping industry to accelerate its pivot to operations that reduce its environmental impact, while making it more efficient. stated Ms. Walker. This requires innovation that will provide additional benefits of transparency and accountability., This is truly the Decade of Demand, and SHIPPINGInsight will support the industry as it navigates its way to the future, declared Ms. Walker. We are marking this period of dynamic change by a return to the in-person format, moving to a new venue, and increasing the value of the event to the maritime industry at large. From shipowners to solution providers, all will gain an enhanced perspective on where we are going and how to get there as we explore the Decade of Demand.. He helps companies spot trends, and evaluate their current products and services. Disadvantages include an immediate impact on OPEX, due to the act that LSFO is much more expensive than normal fuel. July 19, 2022- MARITIME COMMONS- Maritime industry leaders will be converging, July 18, 2022- PHILADELPHIA: WISTA USA Delaware River and Bay Chapter will be presenting Women. In this manner, Carriers have tried to neutralize the revenue impact in case of the eventual cooling of spot market rates and effectively ensured relatively high revenues, over the next few years. How will our industry be judged on the worlds stage? Also, over the recent months, the price spread between LSFO and HFO/ Normal fuel has been increasing, implying that Carriers opting for LSFP will see significant cash outflows toward their bunker bills. iii) Alternate fuels: the third option includes the use of alternate fuel types such as LNG, which poses its own set of challenges. Our ethos is to treat our, SAFETY4SEA (incorporating GREEN4SEA & SMART4SEA) is on a mission for Safe Ships & Clean Seas,, ship.energytracks the maritime sectors journey towards a decarbonised future. Most Carriers are using this as a backup option, and newbuilds being commissioned recently are often touted as being equipped with dual-fuel technology, which permits the vessel to operate on LNG as well as another fuel type, thereby offering the Carrier operational flexibility. In the past few months, we have seen governments balking at the higher cost of maritime transport as they try to mitigate the impacts of inflation on their constituents while watching multi-billion-dollar profits, which are predicted, Read the full newsletterhere. In an increasingly dynamic world, it is nearly impossible to track the latest and greatest technology and solutions that will shape the future of our industry to achieve greater efficiency and sustainability. Click Here To Learn More. We are unlocking the potential, The American Clubprovides secure and responsive Protection and Indemnity and Freight, Demurrage & Defense insurance, Where do you go when you need the very latest on the deals shaping the, DenizTemiz Association/ TURMEPA was founded by Rahmi M. Ko and the Shipping Chamber of Commerce, From 1 January 2020 International Maritime Organisation regulations for marine pollution require the sulphur in, Wrtsil is a global leader in smart technologies and complete lifecycle solutions for the marine, Founded in 1946, Becker Marine Systems has developed into the market leader for Maneuvering Systems, Bilfinger is a leading international industrial services provider. This field is for validation purposes and should be left unchanged. For more information, please visit www.shippinginsight.com, Photo: SHIPPINGInsight Chief Evolution Officer, Carleen Lyden Walker, Read the full newsletterhere. FuelTrust leverages its technology platform to create insights that reduce risk and improve ESG outcomes, The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental, P Ship Systems mission is to protect Seafarers, Environment, and the Sea, while saving money, ABS, a leading provider of classification and technical advisory services to the marine and offshore, DNVis the worlds leading classification society and a recognized advisor for the maritime industry. Carriers have also pushed for multi-year contracts, thus locking up customers at those rate levels for a longer period. We deliver, NAVTORis a leading force in the provision of innovative e-Navigation solutions, and a total supplier, OceanManager, a maritime software solutions company, provides fleet management and operational intelligence software products and, With a mandate to improve maritime safety and sustainability, RightShip supplies the worlds leading independent, The mission of Tall Ships Americais to encourage character building through sail training, promote sail, Total Lubmarine is part of Total Lubrifiants S.A., a division within Total Group - the, Watson Farley & Williams is a leading international law firm providing multidisciplinary legal solutions to, WiseHealth, Inc. focuses on multimedia global outreach for improved outreach, communication, education, and engagement. The author and Marine Insight do not claim it to be accurate nor accept any responsibility for the same. All Rights Reserved. Posidonia returns to the shipping sphere! July 19, 2022- MARITIME COMMONS- Maritime industry leaders will be converging, July 18, 2022- PHILADELPHIA: WISTA USA Delaware River and Bay Chapter will be presenting Women. Read the full newsletterhere. 2022 SHIPPINGInsight. Additionally, the period since Covid has been characterized by unprecedented levels of supply chain disruptions, with congestion plaguing all major ports across the globe and shippers paying rates 10 times the historical average, while still receiving markedly deteriorated service levels. This field is for validation purposes and should be left unchanged. Overcoming the odds, coming from behind, and winning. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. While rates are still fairly high, some Carriers are now adopting a comparatively nuanced approach, keeping long-term profitability in mind, and signing up long term agreements with higher than average contractual rates (which though lesser than the current spot market rates, are still far higher than the average historical contractual rates). All accounts indicate that the current market is a sellers market, with anecdotal reports mentioning Carriers having to bid for tonnage. ciccarelli delia In an effort to mitigate risks from exposure to their primary business segment and also to offer a one-stop solution to consumers, Container Carriers have been increasingly scaling up their logistics competencies. Let us all give a cheer!!!! Primary amongst these is the need to alter the vessel structure and engine as appropriate to enable it to run on LNG, as well as the availability of LNG. Universidad de Guadalajara. In the long run, this approach will benefit customers and pave the way for robust working relationships. This field is for validation purposes and should be left unchanged. 2022 SHIPPINGInsight. Are these threats for shipping or opportunity? This highly relevant theme for SHIPPINGInsight 2022 was announced by Carleen Lyden Walker, SHIPPINGInsights Chief Evolution Officer. With global communications now instantaneous, shipping has come out of the shadows and is taking center stage in conversations surrounding global trade, climate impacts, digital tools. Carriers anticipate a steep increase in costs in the forthcoming months, which they will try to pass on to customers. From, Morgan Marketing & Communications LLC is a client-based, retained marketing and communications agency committed to, MTI Network is the worlds leading reputation protection incident response network dedicated to serving the, Petrospot is an independent publishing, training and events organisation focused on the maritime, energy and, Polaris Media is an award-winning maritime specialist PR firm. In the New Tech Pavilion,P Ship Systems, will share how they are sustainably turning evaporated water from ships into a steady stream of freshly produced drinking & cooking water, resulting in increased mariner welfare and a healthier planet. The, Bunkerspotis a key source of quality information for all professionals working in the international bunker, Safety4Sea, (incorporating Green4Sea & Smart4Sea) is on a mission for Safe Ships & Clean Seas,, gCaptain is dedicated to building an interactive community of maritime professionals. With the subsequent launch of a global SHARK TANK on Thursday, June 9 at 15.15 in the Central Seminar Room, we will all be able to hear, first-hand, from those that are guiding this industry transformation, and bringing the future to now. Sitio desarrollado en el rea de Tecnologas Para el AprendizajeCrditos de sitio || Aviso de confidencialidad || Poltica de privacidad y manejo de datos. As the public s demand for transparency increases, and digital tools are better able to provide data, what is the best mechanism for delivering transparency to ensure shippings social license to operate? Besides, DNVis the worlds leading classification society and a recognized advisor for the maritime industry. ABS, a leading provider of classification and technical advisory services to the marine and offshore, Youll see the Cayman Islands Red Ensign on ships and yachts around the world. Call me nave. Shippers have viewed this as a trade-off between rates and service (lower rates equate to low reliability). The Group enhances the efficiency of assets,, With nearly 40 shipping attorneys in New York, Washington, D.C., Houston, and Philadelphia, Blank Rome, Founded in 1828,Bureau Veritasis a global leader in Testing, Inspection and Certification (TIC), delivering high, CR Ocean Engineering, LLC, (CROE) offers the shipping industry superior scrubbing systems that reduce exhaust, The Ecochlor Ballast Water Treatment System (BWMS) uses a two-step treatment process to treat ballast, For more information, visit http://enterprisesolutions.net/, Fike Corporationis the leader in engine room oil mist detection, monitoring video from off the, Flying Nurses International is a medical transport company in business for over 23 years, utilizing, Hyde Marineis a world leader in UV ballast water treatment systems (BWTS) designed to prevent, An integral part of Innospec Inc. (NASDAQ: IOSP), Innospec Fuel Specialties is headquartered in Englewood,, ioCurrents'MarineInsightTMplatform empowers operators with real time insights to optimize operating profiles with intelligent data. While no conclusive case of profiteering was made out, the pressure made Carriers agree to put on hold further increases in handling and other local charges.
What Are Common Freight Surcharges and Accessorial Fees in Container Shipping? But it will also mean adopting new and continuously innovative technologies and solutions to meet this goal. b) High charter rates: In the present market, where supply is scarce, vessels command hefty premiums, causing charter rates to shoot up to 2 to 3 times their average historical rates. Well hear fromAttenderwho will share how shipowners and managers can streamline supply chains and operations using industry-leading AI backed by eight decades of maritime leadership and experience.ShipSafe Maritime Technologieswill show us their suite of offerings to address cybersecurity risks, architecture, and how to protect your vessels and operations 24/7/365.FuelTrustwill share how to create a trusted and sustainable bunker supply chain ecosystem and drive decarbonization through data transparency.SHIPNEXTwill demonstrate their innovative AI shipping platform that helps manage shipping data, process email, and digitalize workflows and trade. While our industry is coming from behind compared to other sectors, it has the opportunity to lead the field at the finish line of 2050! To take an example, Alphaliner recently reported that ONE had chartered two 8,000 TEU vessels at $65,000 per day each, for a period of three years. Public demands for ESG are accelerating, warnings about climate change are being heard, lending practices are changing, technology is advancing, and other impacts. This option has the advantage of being the most straightforward one, where the Carrier can use the bunker directly, without having to do anything else.
Profesoras, profesores, estudiantes:
We'll send you periodic updates about the conference. This field is for validation purposes and should be left unchanged. An indication of the overheated state of the market is provided by the fact that Carriers are willing to charter just about any seaworthy vessel available in the market and even sign up vessels whose current charters are valid for almost a year more. 2022 SHIPPINGInsight. Your email address will not be published. We'll send you periodic updates about the conference. Like RICH STRIKE, the chestnut colt that came from behind to win the Kentucky Derby, shipping has the chance to defy the odds and cross the finish line ahead of the field making our industry, our customers, and our planet all winners!! What will shipping look like? S&P Global has estimated the cost of installing scrubbers between USD 1 to 5 million, depending on the vessel type and size. As the number of obvious and feasible takeover candidates in the Container Shipping industry is dwindling, and also because companies now prefer diversifying their business exposure across various sub-segments, Carriers are increasingly focused on upstream and downstream integration, in the expectation that offering a complete transport solution to customers will increase margins and commercial flexibility, facilitate positioning to a wider customer base, and create stable customer pool. It is however exceedingly probable that the bigger Carriers will continue their takeover spree and grab any companies of strategic or tactical value, even if it means paying a significant premium over current valuations (far beyond what would be considered a fair price, in normal circumstances). While Carriers like Maersk have always had a freight forwarding arm and have now focused on targeted acquisitions in key markets, other Carriers have brought out global freight forwarders (CMA CGM acquiring Ceva Logistics or MSC acquiring Bollore Logistics). This decade will illuminate the winners and losers through the digital divide. 1700: Delivering on the Demand for Transparency. A, Sterling PlanB Energy Solution delivers tomorrows marine energy solutions, today. The preferred route seems to be inorganic growth, through the takeover of established players in target segments, which enables Carriers to rapidly scale up and acquire a ready customer base. 1400:Welcome & Opening RemarksCarleen L. Walker, Chief Evolution Officer, SHIPPINGInsight, 1405:Setting the Stage: The New Face of ShippingSemiramis Paliou, CEO, Diana Shipping, 1420: Opening Keynote: Driving the Decade of DemandChris Wiernicki, Chairman, President and CEO, American Bureau of Shipping (ABS), 1435: Driving the Decade of Demand Hosted by ABS. Call me nave. No expensive modifications are required to the vessels design or structure and the carrying capacity remains the same. Through the use of, Houston-based GTT North America (GTT NA) is the US subsidiary of GTT (Gaztransport & Technigaz),, The Maritime Executivepublishing company was founded in 1997. 44600, Guadalajara, Jalisco, Mxico, Derechos reservados 1997 - 2022. Through the use of, The Maritime Executivepublishing company was founded in 1997. Call me nave. This field is for validation purposes and should be left unchanged. IMOs GloBallast Program: Has it Met its Expectations? No, this was not a movie set in Hollywood, but Posidonia 2022 which exceeded all expectations in terms of attendance and in ENERGY!! Call me nave. Carleen Lyden Walker Chief Evolution Officer SHIPPINGInsight IMO Maritime Ambassador +1 203 255 4686 (o) +1 203 260 0480 (m) c.walker@shippinginsight.com www.shippinginsight.com, Read the full newsletterhere. This trend is only expected to accelerate in the coming years, with a number of global and regional players allocating sizeable reserves for M&A, besides also making public statements of intent about their vision of metamorphosing into ILSPs. All Rights Reserved, Industry Titans Headline SHIPPINGInsights Decade of Demand Conference October Event Explores Forces Impacting Shipping, USCG Commandant Admiral Linda Fagan to Receive Leadership Award of Excellence at Women Making Waves 2022 Event.
Some of you may know that I am married to a market researcher. This essentially refers to Container Carriers or Port Operators making concerted efforts to diversify their product portfolio, in their quest to build last-mile delivery capabilities and provide end-to-end service, thus evolving from pure-play transport providers or terminal owners into entities offering the entire gamut of transport and supply chain-related services. Sometimes, he is able to identify such product improvements as grouping, Read the full newsletterhere. Your email address will not be published. While our industry. At SHIPPINGInsight our goal is to filter through some of these providers to bring the global shipping audience some of the most innovative new companiesand this year were bringing them to Posidonia 2022 in the SHIPPINGInsight New Tech Pavilion (booth 2.468 in the American Pavilion). Some of the more notable ones involving global carriers include Maersk taking over SeaLand, P&O and Hamburg Sud, CMA CGM acquiring APL, Hapag Lloyd taking over UASC, and COSCO buying out OOCL and the three main Japanese Carriers (NYK, MOL and K-Line) merging to form ONE. Last week we noted that the tide seems to be turning on industrys adoption of decarbonization tools and fuels with 63 newbuildings being ordered to accommodate future fuel usewhatever that might be. Achieving full industry decarbonization by 2050 will, quite literally, require all hands on deck. All Rights Reserved. How is a company to navigate choppy waters? SHIPPINGInsight 2022 will feature exclusive sessions highlighting the latest tech for decarbonization, digitalization, data management and display, tools of transparency, cyber security, compliance, automation, communications/satellite technology, training, disruption, diversity and more. Returning for 2022 is the Shipowners Roundtable Luncheon, the ever-popular SHARK TANK session, and the coveted SHIPPINGInsight Innovation Award. MANAGING DIRECTOR at INFINITY SHIPPING & LOGISTICS LTD, Director at Cybermarine Knowledge Systems, Head HR / Special Assistant To The MD / Admin Personnel at WHIU INTERNATIONAL LIMITED, 1800 E Putnam Ave, Old Greenwich, CT 06870USA, By continuing past this page, you agree to our, 1800 E Putnam Ave, Old Greenwich, CT 06870, Logistics & Transportation Trade Shows in USA, American Railway Engineering and Maintenance of Way Association Annual Conference & Expo, China (Shenzhen) International Logistics and Supply Chain Fair, China (Shenzhen) International Cross-border eCommerce Supply Chain Fair. These increased costs are primarily on account of the below: a) Bunker costs: With the need to comply with regulations lowering the permissible Sulphur content in bunker fuel, Carriers will need to select from a range of options available to ensure adherence and to avoid the risk of penalties and punitive action, besides the inevitable negative publicity in the event of their failure to do so. Availability of LSFO has also been flagged as a potential risk factor, since it might not be as readily available at common bunker locations, or not in the quantities required. Required fields are marked *. Examples of the former include Maersks takeover of SeaLand, P&O and Hamburg Sud, CMA CGM taking over NOL/ APL, Hapag Lloyd acquiring UASC and CSAV, ONE formed through the merger of the 3 Japanese containers carriers, while the latter category includes Hapag Lloyds recent acquisition of DAL (a strong player in the African trades). 2022 SHIPPINGInsight. Escuela Militar de Aviacin No. The laggards will be punished with higher costs and lower profitability. crv In an increasingly dynamic, Read the full newsletter here. Regulatory Compliance Challenges & Opportunities, Digitalization & Cyber Security Risks & Rewards.
If you are at Posidonia, stop by the SHIPPINGInsight New Tech Pavilion (booth 2.468) and meet our innovators firsthand. Then plan to attend both the Trading in US Waters seminar and the SHIPPINGInsight SHARK TANK both held in the Central Seminar Room beginning at 1030. No falten al Encuentro de Innovacin Educativa, #InnovaForum de la @Universidad de Guadalajara , "Aprendizaje hbrido y pedagogas activas". Give us a call or email us for more information where fleet management meets maritime technology, Industry Titans Headline SHIPPINGInsights Decade of Demand Conference October Event Explores Forces Impacting Shipping, USCG Commandant Admiral Linda Fagan to Receive Leadership Award of Excellence at Women Making Waves 2022 Event, Decade of Demand- Avoid being the low hanging fruit. This increased scrutiny will likely be a persistent trend over the next 2 years until the markets are correct and a semblance of parity is restored between Carriers and Shippers. Learn what industry experts believe is the pathway forward and associated challenges. As explained in the above point, Mergers and Acquisitions have been the defining trend in the Container Shipping industry over the past 2 decades, so much so that the competitive landscape has undergone a sea change since 2000. Carleen Lyden Walker Chief Evolution Officer SHIPPINGInsight IMO Maritime Ambassador +1 203 255 4686 (o) +1 203 260 0480 (m) c.walker@shippinginsight.com www.shippinginsight.com, Read the full newsletterhere. We'll send you periodic updates about the conference. The 11th Annual SHIPPINGInsight Conference will return in-person from October 11-13, 2022. The trifecta of society, charterers and regulators are forcing the shipping industry to accelerate its pivot to operations that reduce its environmental impact, while making it more efficient. stated Ms. Walker. This requires innovation that will provide additional benefits of transparency and accountability., This is truly the Decade of Demand, and SHIPPINGInsight will support the industry as it navigates its way to the future, declared Ms. Walker. We are marking this period of dynamic change by a return to the in-person format, moving to a new venue, and increasing the value of the event to the maritime industry at large. From shipowners to solution providers, all will gain an enhanced perspective on where we are going and how to get there as we explore the Decade of Demand.. He helps companies spot trends, and evaluate their current products and services. Disadvantages include an immediate impact on OPEX, due to the act that LSFO is much more expensive than normal fuel. July 19, 2022- MARITIME COMMONS- Maritime industry leaders will be converging, July 18, 2022- PHILADELPHIA: WISTA USA Delaware River and Bay Chapter will be presenting Women. In this manner, Carriers have tried to neutralize the revenue impact in case of the eventual cooling of spot market rates and effectively ensured relatively high revenues, over the next few years. How will our industry be judged on the worlds stage? Also, over the recent months, the price spread between LSFO and HFO/ Normal fuel has been increasing, implying that Carriers opting for LSFP will see significant cash outflows toward their bunker bills. iii) Alternate fuels: the third option includes the use of alternate fuel types such as LNG, which poses its own set of challenges. Our ethos is to treat our, SAFETY4SEA (incorporating GREEN4SEA & SMART4SEA) is on a mission for Safe Ships & Clean Seas,, ship.energytracks the maritime sectors journey towards a decarbonised future. Most Carriers are using this as a backup option, and newbuilds being commissioned recently are often touted as being equipped with dual-fuel technology, which permits the vessel to operate on LNG as well as another fuel type, thereby offering the Carrier operational flexibility. In the past few months, we have seen governments balking at the higher cost of maritime transport as they try to mitigate the impacts of inflation on their constituents while watching multi-billion-dollar profits, which are predicted, Read the full newsletterhere. In an increasingly dynamic world, it is nearly impossible to track the latest and greatest technology and solutions that will shape the future of our industry to achieve greater efficiency and sustainability. Click Here To Learn More. We are unlocking the potential, The American Clubprovides secure and responsive Protection and Indemnity and Freight, Demurrage & Defense insurance, Where do you go when you need the very latest on the deals shaping the, DenizTemiz Association/ TURMEPA was founded by Rahmi M. Ko and the Shipping Chamber of Commerce, From 1 January 2020 International Maritime Organisation regulations for marine pollution require the sulphur in, Wrtsil is a global leader in smart technologies and complete lifecycle solutions for the marine, Founded in 1946, Becker Marine Systems has developed into the market leader for Maneuvering Systems, Bilfinger is a leading international industrial services provider. This field is for validation purposes and should be left unchanged. For more information, please visit www.shippinginsight.com, Photo: SHIPPINGInsight Chief Evolution Officer, Carleen Lyden Walker, Read the full newsletterhere. FuelTrust leverages its technology platform to create insights that reduce risk and improve ESG outcomes, The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental, P Ship Systems mission is to protect Seafarers, Environment, and the Sea, while saving money, ABS, a leading provider of classification and technical advisory services to the marine and offshore, DNVis the worlds leading classification society and a recognized advisor for the maritime industry. Carriers have also pushed for multi-year contracts, thus locking up customers at those rate levels for a longer period. We deliver, NAVTORis a leading force in the provision of innovative e-Navigation solutions, and a total supplier, OceanManager, a maritime software solutions company, provides fleet management and operational intelligence software products and, With a mandate to improve maritime safety and sustainability, RightShip supplies the worlds leading independent, The mission of Tall Ships Americais to encourage character building through sail training, promote sail, Total Lubmarine is part of Total Lubrifiants S.A., a division within Total Group - the, Watson Farley & Williams is a leading international law firm providing multidisciplinary legal solutions to, WiseHealth, Inc. focuses on multimedia global outreach for improved outreach, communication, education, and engagement. The author and Marine Insight do not claim it to be accurate nor accept any responsibility for the same. All Rights Reserved. Posidonia returns to the shipping sphere! July 19, 2022- MARITIME COMMONS- Maritime industry leaders will be converging, July 18, 2022- PHILADELPHIA: WISTA USA Delaware River and Bay Chapter will be presenting Women. Read the full newsletterhere. 2022 SHIPPINGInsight. Additionally, the period since Covid has been characterized by unprecedented levels of supply chain disruptions, with congestion plaguing all major ports across the globe and shippers paying rates 10 times the historical average, while still receiving markedly deteriorated service levels. This field is for validation purposes and should be left unchanged. Overcoming the odds, coming from behind, and winning. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. While rates are still fairly high, some Carriers are now adopting a comparatively nuanced approach, keeping long-term profitability in mind, and signing up long term agreements with higher than average contractual rates (which though lesser than the current spot market rates, are still far higher than the average historical contractual rates). All accounts indicate that the current market is a sellers market, with anecdotal reports mentioning Carriers having to bid for tonnage. ciccarelli delia In an effort to mitigate risks from exposure to their primary business segment and also to offer a one-stop solution to consumers, Container Carriers have been increasingly scaling up their logistics competencies. Let us all give a cheer!!!! Primary amongst these is the need to alter the vessel structure and engine as appropriate to enable it to run on LNG, as well as the availability of LNG. Universidad de Guadalajara. In the long run, this approach will benefit customers and pave the way for robust working relationships. This field is for validation purposes and should be left unchanged. 2022 SHIPPINGInsight. Are these threats for shipping or opportunity? This highly relevant theme for SHIPPINGInsight 2022 was announced by Carleen Lyden Walker, SHIPPINGInsights Chief Evolution Officer. With global communications now instantaneous, shipping has come out of the shadows and is taking center stage in conversations surrounding global trade, climate impacts, digital tools. Carriers anticipate a steep increase in costs in the forthcoming months, which they will try to pass on to customers. From, Morgan Marketing & Communications LLC is a client-based, retained marketing and communications agency committed to, MTI Network is the worlds leading reputation protection incident response network dedicated to serving the, Petrospot is an independent publishing, training and events organisation focused on the maritime, energy and, Polaris Media is an award-winning maritime specialist PR firm. In the New Tech Pavilion,P Ship Systems, will share how they are sustainably turning evaporated water from ships into a steady stream of freshly produced drinking & cooking water, resulting in increased mariner welfare and a healthier planet. The, Bunkerspotis a key source of quality information for all professionals working in the international bunker, Safety4Sea, (incorporating Green4Sea & Smart4Sea) is on a mission for Safe Ships & Clean Seas,, gCaptain is dedicated to building an interactive community of maritime professionals. With the subsequent launch of a global SHARK TANK on Thursday, June 9 at 15.15 in the Central Seminar Room, we will all be able to hear, first-hand, from those that are guiding this industry transformation, and bringing the future to now. Sitio desarrollado en el rea de Tecnologas Para el AprendizajeCrditos de sitio || Aviso de confidencialidad || Poltica de privacidad y manejo de datos. As the public s demand for transparency increases, and digital tools are better able to provide data, what is the best mechanism for delivering transparency to ensure shippings social license to operate? Besides, DNVis the worlds leading classification society and a recognized advisor for the maritime industry. ABS, a leading provider of classification and technical advisory services to the marine and offshore, Youll see the Cayman Islands Red Ensign on ships and yachts around the world. Call me nave. Shippers have viewed this as a trade-off between rates and service (lower rates equate to low reliability). The Group enhances the efficiency of assets,, With nearly 40 shipping attorneys in New York, Washington, D.C., Houston, and Philadelphia, Blank Rome, Founded in 1828,Bureau Veritasis a global leader in Testing, Inspection and Certification (TIC), delivering high, CR Ocean Engineering, LLC, (CROE) offers the shipping industry superior scrubbing systems that reduce exhaust, The Ecochlor Ballast Water Treatment System (BWMS) uses a two-step treatment process to treat ballast, For more information, visit http://enterprisesolutions.net/, Fike Corporationis the leader in engine room oil mist detection, monitoring video from off the, Flying Nurses International is a medical transport company in business for over 23 years, utilizing, Hyde Marineis a world leader in UV ballast water treatment systems (BWTS) designed to prevent, An integral part of Innospec Inc. (NASDAQ: IOSP), Innospec Fuel Specialties is headquartered in Englewood,, ioCurrents'MarineInsightTMplatform empowers operators with real time insights to optimize operating profiles with intelligent data. While no conclusive case of profiteering was made out, the pressure made Carriers agree to put on hold further increases in handling and other local charges.
What Are Common Freight Surcharges and Accessorial Fees in Container Shipping? But it will also mean adopting new and continuously innovative technologies and solutions to meet this goal. b) High charter rates: In the present market, where supply is scarce, vessels command hefty premiums, causing charter rates to shoot up to 2 to 3 times their average historical rates. Well hear fromAttenderwho will share how shipowners and managers can streamline supply chains and operations using industry-leading AI backed by eight decades of maritime leadership and experience.ShipSafe Maritime Technologieswill show us their suite of offerings to address cybersecurity risks, architecture, and how to protect your vessels and operations 24/7/365.FuelTrustwill share how to create a trusted and sustainable bunker supply chain ecosystem and drive decarbonization through data transparency.SHIPNEXTwill demonstrate their innovative AI shipping platform that helps manage shipping data, process email, and digitalize workflows and trade. While our industry is coming from behind compared to other sectors, it has the opportunity to lead the field at the finish line of 2050! To take an example, Alphaliner recently reported that ONE had chartered two 8,000 TEU vessels at $65,000 per day each, for a period of three years. Public demands for ESG are accelerating, warnings about climate change are being heard, lending practices are changing, technology is advancing, and other impacts. This option has the advantage of being the most straightforward one, where the Carrier can use the bunker directly, without having to do anything else.
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We'll send you periodic updates about the conference. This field is for validation purposes and should be left unchanged. An indication of the overheated state of the market is provided by the fact that Carriers are willing to charter just about any seaworthy vessel available in the market and even sign up vessels whose current charters are valid for almost a year more. 2022 SHIPPINGInsight. Your email address will not be published. We'll send you periodic updates about the conference. Like RICH STRIKE, the chestnut colt that came from behind to win the Kentucky Derby, shipping has the chance to defy the odds and cross the finish line ahead of the field making our industry, our customers, and our planet all winners!! What will shipping look like? S&P Global has estimated the cost of installing scrubbers between USD 1 to 5 million, depending on the vessel type and size. As the number of obvious and feasible takeover candidates in the Container Shipping industry is dwindling, and also because companies now prefer diversifying their business exposure across various sub-segments, Carriers are increasingly focused on upstream and downstream integration, in the expectation that offering a complete transport solution to customers will increase margins and commercial flexibility, facilitate positioning to a wider customer base, and create stable customer pool. It is however exceedingly probable that the bigger Carriers will continue their takeover spree and grab any companies of strategic or tactical value, even if it means paying a significant premium over current valuations (far beyond what would be considered a fair price, in normal circumstances). While Carriers like Maersk have always had a freight forwarding arm and have now focused on targeted acquisitions in key markets, other Carriers have brought out global freight forwarders (CMA CGM acquiring Ceva Logistics or MSC acquiring Bollore Logistics). This decade will illuminate the winners and losers through the digital divide. 1700: Delivering on the Demand for Transparency. A, Sterling PlanB Energy Solution delivers tomorrows marine energy solutions, today. The preferred route seems to be inorganic growth, through the takeover of established players in target segments, which enables Carriers to rapidly scale up and acquire a ready customer base. 1400:Welcome & Opening RemarksCarleen L. Walker, Chief Evolution Officer, SHIPPINGInsight, 1405:Setting the Stage: The New Face of ShippingSemiramis Paliou, CEO, Diana Shipping, 1420: Opening Keynote: Driving the Decade of DemandChris Wiernicki, Chairman, President and CEO, American Bureau of Shipping (ABS), 1435: Driving the Decade of Demand Hosted by ABS. Call me nave. No expensive modifications are required to the vessels design or structure and the carrying capacity remains the same. Through the use of, Houston-based GTT North America (GTT NA) is the US subsidiary of GTT (Gaztransport & Technigaz),, The Maritime Executivepublishing company was founded in 1997. 44600, Guadalajara, Jalisco, Mxico, Derechos reservados 1997 - 2022. Through the use of, The Maritime Executivepublishing company was founded in 1997. Call me nave. This field is for validation purposes and should be left unchanged. IMOs GloBallast Program: Has it Met its Expectations? No, this was not a movie set in Hollywood, but Posidonia 2022 which exceeded all expectations in terms of attendance and in ENERGY!! Call me nave. Carleen Lyden Walker Chief Evolution Officer SHIPPINGInsight IMO Maritime Ambassador +1 203 255 4686 (o) +1 203 260 0480 (m) c.walker@shippinginsight.com www.shippinginsight.com, Read the full newsletterhere. This trend is only expected to accelerate in the coming years, with a number of global and regional players allocating sizeable reserves for M&A, besides also making public statements of intent about their vision of metamorphosing into ILSPs. All Rights Reserved, Industry Titans Headline SHIPPINGInsights Decade of Demand Conference October Event Explores Forces Impacting Shipping, USCG Commandant Admiral Linda Fagan to Receive Leadership Award of Excellence at Women Making Waves 2022 Event.
