Technical Papers - Mega Ship Ready
Shipping lines’ recent strategy shifts have strained market conditions, highlighted by the ultimate collapse of Hanjin Shipping in February 2017. Hanjin Shipping accounted for approximately 10% of all container handling at Busan ports, so its demise pushed Busan Port Authority (BPA) into the red, with total container handling plunging 0.1% in 2016 from 2015.
Two trends have defined container shipping in the past decade. To start with, bigger and bigger ships were built at an unprecedented pace. The result was systemic overcapacity, which triggered various consolidations among shipping companies. The second is that port authorities and terminal operators were faced with major challenges owing to this development.
The ultimate reason to develop ports is to stimulate exports or imports, not to satisfy shipping companies. However, most ports are very attentive to the demands of their customers – too attentive. Sure enough, not providing satisfactory services could mean that shipping companies call another port.
In the new era we see, vendors of solutions will date to venture out their niches and look for solutions that connect and interchange information in real time to provide actionable visibility and enable efficient decision making. These solutions will be possible because new standards for information exchange and a set of common semantics have evolved.
Today’s trainee is Rory, and it's his very first time operating a ship-to-shore crane. Yet, in gusting 40mph winds in a cab 53 metres from the Liverpool quayside, he's already moved five stacks of 40ft containers from a mega-ship sitting in the River Mersey to a waiting trailer below on the new £400m Liverpool2 container terminal.