For the port of the future, bigger vessels, broader carrier alliances, container capacity consolidation and larger hub and spoke port networks will be changing costs and revolutionising the way in which profits are generated from operations. Simultaneously, the port of the future will manage increased investment along with demands for improved productivity and higher level of service
The container weighing rule has split opinion across the industry and wrought confusion in several areas. This piece aims to address that confusion and ascertain a definitive insight into how the industry will embrace the regulation. In order to reach this aim, insight has been sought from some key figures in the industry who have offered their views on key elements of the rule
Holman Fenwick Wilan is a London based lawyer firm for international commerce, in this paper the SOLAS amendment is discussed and how authorities will be publishing their requirements shortly for implementation and enforcement in their jurisdictions, leaving very little time for the industry to action these and be ready for July 1. It is clear that different approaches and timetables are being followed in different jurisdictions.
Due to process characteristics and complexity, freight transport faces many challenges during day-to-day business; specifically, logistics operators are currently facing several challenges such as increasing cargo volumes and security demands that put additional burden on them.
Technologically wise, the Internet of Things paradigm applied to the transport and logistics sector allows freight to be sensed and controlled remotely, with logistics operators able to automate and digitalise their operations.
Modern business moves at the speed of light, and as part of that, access to timely and accurate data is critical. The ability to automate not only the collection of, but also, the analysis of the massive amounts of information processed on a daily basis, allows organisations to make business
decisions based on facts, rather than antiquated processes or unreliable intuition and gut instincts. The pay-off of business intelligence (BI) and the optimised decision-making that Big Data can empower has real impact.
To stand out from the competition in the world market, companies must be able to call upon a sustainable, flexible, efficient and most of all, innovative supply chain in which all links play an effective role. The Port of Antwerp is an example of a crucial link in the supply chain.