Informa Maritime is part of the Knowledge and Networking Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.
Liner Shipping Consolidation...To Be Continued?
Forwarder Keynote| Innovation in Container Shipping Logistics and the Impact on the Value Chain
In this presentation we re-visit the topic of consolidation to answer two crucial questions:
Innovation, despite its meaning, has become a buzz word increasingly applied to products, strategies or services that are not and hence, don’t yield the game-changing results expected of them. What is true innovation in global Seafreight shipping? Disruption, transformation or evolution ? What will drive tangible value to all participants in the supply chain ?
Big Data – big changes, big investments, big opportunities…big ambiguity. Some of the biggest players in the industry have invested heavily in digital initiatives over the past year and a half. Now, we are moving away from asking is there a case for digital, since these investments tell us there is. Instead, we ask:
For a full picture on the infrastructure of shipping, we turn to Port of Antwerp to ask:
The order of CMA CGM for 9x 22k TEU to be LNG fueled is a game changer in the industry, alongside with the order of MOL for the LNG bunkership to be chartered by TOTAL to serve the ULCV of CMA CGM. GTT confirm its expertise in LNG by providing its Membrane Tank solution for both projects. Two reasons why these projects are disruptive: firstly the bunker tank onboard the containerships is sized to fit the full EU-ASIA roundtrip with only one bunkering in Europe, and secondly, the LNG supplier will charter a bunkership dedicated to the client.
This right industrial partnership breaks the ground of the aged dilemma of the egg and chicken in the LNG as fuel matter.
In an era where business and technology fuse together, IBM see huge changes in the way companies operate and design their business model. Platforms and partnerships are already playing a major role and platform decisions will most likely become even more crucial in the near future.
This shift will be illustrated by three platform services for the transportation industry: IBM Cargo Patrol to enhance the overall shipping security by the detection of not properly declared dangerous goods and other commodities, a port collaboration platform, and the recently announced joint venture between Maersk and IBM to provide more efficient and secure methods for conducting global trade using blockchain technology.
This session will discuss how the technological developments in ship-size, automation and data (along with fewer alliances and increased consolidation) are leading toward greater commoditization. That trend creates a regulatory challenge for anti-trust regulators when there is so little to differentiate competing liners. we will also touch on the political situation surrounding trade and “America first” in the U.S. and the effect that has on U.S. regulators.
Given the market forecast, business consolidation, investments in digital initiatives and finally looking at the order book, is confidence in shipping on the rise and will we see an increase in investment? What are banks’ and investors core concerns? Which themes are likely to dominate in the quest for capital?
Now that LNG propulsion is not only an option for short sea vessels, we take a look at the economy of LNG vs Diesel fuels. What is the business case for this type of propulsion and can Europe become the hotbed for this innovation? What are the predictions for LNG fuelled vessels?
Issues to be covered could include life cycle cost evaluation compared with MGO (and also HFO with scrubber), application issues for containerships, LNG storage on board and impact on container intake, engine technologies related to gas as a fuel.
Visibility is becoming the “New standard” giving competitive advantage to the best performers. “e-Forwarders” and various logistics start up’s have highly invested and communicated on visibility as a key differentiatorRecent technology development has created opportunities to enable greater synchronisation of physical cargo movements and associated finance, thanks to the convergence of shipment, document and payment visibility through integrated solutionsAs an example, Blockchain technology brings key functional features which fit the supply chain environment and business needs in international trade and transport. Transparency and immutable data are one of them. However, this need for visibility and use of technology raises practical questions such as:•What do these technical features mean in terms of applications and improvements to current processes?•Shipment Tracking can represent a large volume of data! How to make the best use of it?•What about Data ownership and liability!