Tankers International, a London-based shipping pool for very large crude carriers (VLCCs), revealed it will be partnering with the Baltic Exchange to further enhance data sharing and the provision of market insights for its VLCC fixture app.
data sharing
No-code EDI provider Crstl announces national launch
The supply chain isn’t what it used to be. With more and more sales taking place online, retail brands have started to meet them there by digitizing their own processes, from order management to procurement.
When consumers first began to shift online, the problem among brands was reaching them there. But now, with the rise of marketplaces and online retail, brands have an incentive to digitize not just for customers but for other businesses.
Crstl, which announced its nationwide launch Tuesday,...
https://www.freightwaves.com/news/no-code-edi-provider-crstl-announces-national-launch
CMES, BHP and DNV to share voyage data to cut maritime carbon emissions
China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding […]
The post CMES, BHP and DNV to share voyage data to cut maritime carbon emissions appeared first on Offshore Energy.
Top 10 Data Sharing Benefits in Maritime Industry
The maritime supply chain is critical in powering the global economy. The maritime sector is responsible for carrying 90% of world trade and estimates from the International Chamber of Shipping indicate that around 11bn tons of goods are transported by ships each year, from raw materials to cargo containers.
The past few years have seen the maritime sector’s digital transformation accelerate, as ship managers, owners and operators recognise the benefits that new technologies can unlock within...
https://mfame.guru/top-10-data-sharing-benefits-in-maritime-industry/
New York port truckers press FMC for emergency order
Ocean carriers and marine terminals should be forced to share more accurate container storage data to improve cargo flows at the Port of New York and New Jersey, according to trucking companies serving the facility.
Those companies, which specialize in intermodal container drayage, are responding to a comment request from the Federal Maritime Commission on a potential emergency order mandating such data sharing with trucking, shippers and railroads.
The FMC was required to consider the proposed...
https://www.freightwaves.com/news/new-york-port-truckers-press-fmc-for-emergency-order
Can a government-brokered supply chain exchange succeed?
The Biden administration is attacking supply chain data gaps from both land and sea: One campaign is being led by the Federal Maritime Commission, the other by the U.S. Department of Transportation.
But given the amount of confidential information that currently flows throughout freight markets, can a supply chain data portal succeed if the federal government is involved?
“Certainly the government has a strong role in providing some sort of push in making sure a supply chain data exchange works,...
https://www.freightwaves.com/news/can-a-government-brokered-supply-chain-exchange-succeed
FMC regulating capacity? ‘Hard to imagine the chaos’
As the leader of the group representing roughly 90% of world container ship capacity, John Butler already has plenty on his plate with Congress looking to give the government more power over commercial decisions on capacity allocation in the container shipping trades.
But in addition to grappling with the implications of that legislation, Butler – the president and CEO of the World Shipping Council – is contending with questions about whether the industry is ready to share data for the sake of...
https://www.freightwaves.com/news/fmc-allocating-capacity-hard-to-imagine-the-chaos
NFTs are coming to a supply chain near you
In just about any other world, spending nearly $70 million on a JPEG would be seen as absurd. It’s a little bit crazy even in our world. But such is the reality of NFTs, digitized images that are being bought and sold for tens of millions of dollars every day.
NFT stands for non-fungible token, which is still pretty confusing. Essentially, it means that the specific image being bought or sold cannot be owned or duplicated by anyone else. So far, the biggest application for NFTs has been in the...
https://www.freightwaves.com/news/nfts-are-coming-to-a-supply-chain-near-you
FMC to focus on data sharing for more efficient maritime supply chain
Identifying data constraints that impede the flow of ocean cargo and add to supply chain inefficiencies will be the focus of a new effort by the US Federal Maritime Commission (FMC). The post FMC to…
Weekly Fuel Report: April 5, 2021
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