International observers of Pakistan often perceive the country in terms of its challenges; and, indeed, there are many. South Asia's second-largest economy is ranked 144th in the World Bank’s Doing Business index and faces a host of pressing issues, from flare-ups of insecurity, to power supply disruptions, to a shortage of financing options in underdeveloped regions.
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.
Recent Chinese policy evolution and directions on port governance have managerial implications for Chinese ports, local port groups and port bureaus. Three main principles underpin these policies: an increased focus on port integration and cooperation, a strong orientation towards hinterland development, and the opening-up of the Chinese port sector to both accepting investment from and investing in foreign entities.
The Port of Shanghai is located in one of China's most economically developed cities, situated at the middle of the 18,000 kilometre-long Chinese coastline, where the Yangtze River flows into the sea. As the direct hinterland of the Port of Shanghai, the Yangtze Economic Zone contributes more than 40% of the GDP of China, as well as 25% of the nation’s total import and export cargos.
In recent years there has been moderate annual growth in global container handling volumes – reaching around 700 million TEU in 2017. Meanwhile, the capacity of the world container vessel fleet has increased considerably to over 20 million TEU. Because of this, shipping lines are increasingly operating in global alliances, giving them scope to optimize their services and increase their buying power.
Natural disasters, such as coastal hurricanes and rainfall flooding, can create major impacts on marine transportation. Ports and port cities will also be increasingly threatened by tsunami and climate-related sea level rise (SLR) by year 2100.
Shipping lines are also increasingly operating in global alliances, giving them scope to optimize their services and increase their buying power. For container terminals this has resulted in noticeable reductions in handling rates, larger operational peaks and more idle time in waterside operations.
This paper examines the suitability of blockchain and blockchain-based distributed ledger technology (DLT) to the port, harbour, and terminal industries. DLT has the potential to drastically change the world of asset transfer, asset movements and security of data movement
Gamification can be seen as a new element in the technological revolution that can change the way people interact with technology and the way technology gets integrated with the current needs of the global economy and society
Whether it is a terminal truck driver, a hatch clerk, a vessel planner, or a shift manager; all contribute to a smooth and productive operation, and are continuously interacting with the various IT systems present in the terminal
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.