#Shipping Industry

[listen-to-the-inner-walrus]

in other news,,

[bumblebeeappletree]

The shipping industry is responsible for three percent of global emissions. One of its best bets to get these down is fueling their vessels with ammonia. It releases no carbon when burnt and is cheaper than other alternative fuels like methanol. The catch: building a specialized engine is extremely difficult – and there's pretty much no green ammonia production today. So can it really fix shipping's emission problem?

#PlanetA #Ammonia #Shipping

Credits:

Reporter: Kai Steinecke

Camera & Video Editor: Neven Hillebrands

Supervising Editor: Malte Rohwer-Kahlmann, Kiyo Dörrer, Joanna Gotschalk

Factcheck: Aditi Rajagopal

Thumbnail: Em Chabridon

Special thanks to Dr. Nicole Wermuth who double checked critical parts of the video and gave background information about the engine concept as well as its current weaknesses.

Read More:

Ammonia as a fuel in shipping:

https://www.emsa.europa.eu/newsroom/l...

Role of efuels in decarbonizing transport:

https://www.iea.org/reports/the-role-...

Deep dive on ammonia as a shipping fuel:

https://ieeexplore.ieee.org/stamp/sta...

The future of marine fuels:

https://maritime.lr.org/l/941163/2023...

Chapters:

00:00 Intro

00:39 Ammonia 101

01:25 How ammonia engines work

04:23 The oxides problem

07:42 False promises?

08:31 What's next for ammonia engines?

09:17 The space challenge

11:22 Green ammonia challenge

14:22 Conclusion

[apieinvestavimapaprastai]

Euroseas Ltd. Stock Price Forecast: Strong Financial Performance and Investment Potential

Euroseas Ltd. showcases strong financial performance and growth potential. Discover stock forecasts, dividend policies, investment insights #EuroseasLtd #Euroseas #ESEA #dividendyield #investment #stockmarket #stockpriceforecast #stockgrowth #dividend

Euroseas Ltd. is a shipping company that operates in the container shipping market. The company was formed in 2005 to consolidate the ship owning interests of the Pittas family of Athens, Greece, who have been in the shipping business for over 140 years. Continue reading Euroseas Ltd. Stock Price Forecast: Strong Financial Performance and Investment Potential

[genieintllogistics]

Timely delivery is paramount in many industries, and leveraging logistics services in Baltimore, Maryland, is key to achieving these demanding schedules. These services meticulously handle your goods from start to finish, ensuring each step of the shipping process is optimized for speed. This detailed attention facilitates rapid delivery while maintaining the safety and integrity of your cargo, making it a preferred choice for businesses that operate against tight deadlines.

[immaculatasknight]

Errand boys for genocide

[dayoftheseafarer]

Attacks against international shipping can never be justified. 

Since November 2023, innocent seafarers have been targeted in ongoing attacks on ships traveling through the Red Sea, stemming from geopolitical tensions. Too many attacks have been launched, damaging or sinking vessels, and resulting in at least four deaths, with many others injured.

IMO calls for the immediate and unconditional release of the Galaxy Leader and its crew, held for more than eight months. 

IMO Secretary-General Dominguez said: “On this Day of the Seafarer, let us remember those who have lost their lives while simply doing their jobs, serving on these ships. Their dedication and sacrifice must not be overlooked. Attacks on the innocent can never be justified, and I will continue to advocate incessantly for the safety and well-being of seafarers.”  

(See: Honouring seafarers who have lost their lives in attacks on ships in the Red Sea) 

[akashzipaworld]

The Essential Role Played by Ocean Freight Forwarders in Global Supply Chain Logistics

Ocean freight forwarders play a pivotal role in the global supply chain by orchestrating the movement of goods across vast oceans and continents. Acting as intermediaries between exporters and importers, they manage the intricacies of international shipping logistics with precision and expertise. This includes negotiating contracts with shipping lines, arranging transportation, handling documentation such as bills of lading and customs declarations, and ensuring compliance with regulations.

Moreover, ocean freight forwarders utilize their extensive network of contacts and knowledge of international trade routes to optimize shipping routes and schedules. They are adept at navigating challenges such as port congestion, weather disruptions, and regulatory changes, thereby ensuring that goods reach their destinations on time and in optimal condition.

In essence, ocean freight forwarders are indispensable partners in global trade, contributing to the efficiency, reliability, and cost-effectiveness of supply chain operations for businesses across industries worldwide. Their ability to streamline logistics processes and mitigate risks underscores their critical importance in facilitating international commerce and economic growth.

[logisticsandtransportation]

The Impact of Artificial Intelligence and Machine Learning on Logistics

Artificial Intelligence (AI) and Machine Learning (ML) are changing the various sectors in today’s fast-growing digital world, and logistics is one of them. These advanced technologies are now disrupting conventional logistics systems and turning them into leaner, faster, and less expensive solutions. As companies are now trying to cater to customers in different parts of the world, it has become crucial to incorporate AI and ML into logistics.

AI and ML are crucial in supply chain management and its optimisation. These technologies enable the identification of demand patterns, management of inventory stock, and efficient oversight of freight forwarding and shipping operations. For example, AI-based predictive analytics can forecast changes in shipping demand, allowing freight forwarders to adjust their cargo schedules and optimise container utilisation. This minimises the risk of underutilised or overloaded shipments, reduces transportation costs, and enhances the efficiency of delivery schedules, ultimately improving customer satisfaction.

Route optimisation is one of the prominent effects of the application of AI in the field of logistics. Conventional approaches to route planning utilise discrete information and produce time-consuming and ineffective results. Real-time information, such as traffic patterns, weather, and delivery limitations, can be input to analyse the best routes for delivery using AI algorithms. This dynamic approach enables the company to deliver the products on time, conserve fuel, and cut expenses.

In addition, AI and ML are improving warehouse management systems (WMS). AGVs and robotics that are based on AI solutions have been adopted in warehouses to enable them to achieve greater efficiency in tasks like picking, packing, and sorting. These technologies enhance operation productivity and decrease the probability of human mistakes. Besides, the use of AI in WMS can facilitate the effective utilisation of storage space, control stock rotation, and track the condition of products as logistics centres function.

The application of AI and ML in logistics also enhances the precision and speed of freight forwarding as well as customs clearance. They can also embrace the huge amount of shipping data and detect potential problems as well as schedule compliance with the legislation norms. This cuts the expenses and time which would have been used in writing some documentation manually and also help to avoid some delay at some checkpoints such as customs.

One of the major trends in logistics customer service is the use of artificial intelligence incorporated in the form of chatbots and virtual assistants. These tools are capable of answering almost any kind of question a customer might have regarding his or her shipment, from tracking it to receiving an update on the delivery time at any time of the day. Outsourcing day-to-day work could allow people to be employed in more difficult problems, which will help improve customer satisfaction.

Another great application of AI and ML in logistics is the role of predictive maintenance . These technologies can understand data collected from sensors and other means and even forecast when equipment is likely to fail. This approach of maintenance is preventive thus allows optimal use of machinery, extended time to the new break down, and smooth flow of logistics.

With technologies such as AI and ML extending their presence in the world, the logistics industry will see their effects expand as well. Those companies that adopt these technologies stand a better chance of facing the challenge of today’s supply chain and remain relevant in the fiercely competitive global economy. However, it is not wise to ignore the fact that businesses need to incorporate the right technology in their operations and also ensure that their employees are adequately trained to harness the potential of AI and ML fully.

As a fast-growing company, Prime Logistics realises the capability of implementing advanced technology. Shipping, freight forwarding, and customs clearance are some of the essential services undertaken by the company, and through a combination of AI and ML, the company effectively serves clients in an optimal manner. Implementing these technologies in their logistic flows allows Prime Logistics to provide effective, reliable as well as affordable solutions for all shipment requirements. This makes them reputable and dependable partners in a continuously transforming field of activities such as logistics.

[ibeforg]

How Are Indian Ports Shaping the Future of Maritime Commerce

India's strategic network of 12 major and 200+ minor ports is crucial for maritime commerce, handling 95% of trade by volume and 70% by value. The Ministry of Ports, Shipping, and Waterways leads initiatives like the Sagarmala Project to modernize and expand port infrastructure. Major ports in India such as JNPT, Mumbai, and Chennai are vital gateways, boosting the economy and employment. Technological advancements and public-private partnerships enhance efficiency. With emerging trends and opportunities, Indian ports are set to drive significant growth in maritime commerce. For info on the largest port in India, visit the India Brand Equity Foundation webpage.

[sailorsharky]

⚓️Journal of a Sailor⚓️

-= Log: 1 =-

-=Time of writing: 1923 =-

-= Weather conditions: Overcast, frequent rainfall =-

-= Wind speed: 7-10 knots =-

After a long train ride from my hometown to the coast, I have at last reached the ship that I'll be calling my home for the next three weeks.

So far, from what I've seen of the crew, they're a good, friendly bunch and are willing to teach me the ropes.

I'll be sharing my cabin with the cook for the duration of my stay aboard the ship.

I can't help but feel excited for what lies in store for me! Things look promising already, and I can hardly wait to get to work, my mind racing and my idle hands yearning for something to do! (Hence why I'm writing this log so soon.)

Apparently, we'll be taking on a ship with our harbour lines tonight.

Tomorrow, I will be getting familiarized with the vessel.

I look forward to writing the next page in this logbook of mine.

🌟May Polaris guide you always.🌟

[y5solutionsinc]

In the fast-paced world of global commerce, businesses strive for efficiency, and nothing exemplifies speed and reliability better than express shipping logistics in Los Angeles Port and the whole US. The power of express shipping lies in its ability to seamlessly connect businesses with customers, ensuring swift deliveries that meet the demands of today’s on-the-go consumers.

[market-insider]

Docks Market: Tracing the Evolution and Uncovering Emerging Opportunities

The global docks market size is expected to reach USD 2.3 billion by 2030, as per a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 3.4% from 2022 to 2030. The rising structure demand as the governing bodies of various economies is conducting redevelopment of waterfronts to maximize their value for both business and community, which is expected to propel market growth. Additionally, the constantly rising global population is indirectly leading to the scarcity of space in the existing urban ports leading to market demand for increasing the space productivity within a port.

One of the Norway-based engineering firms has developed smart application software to reduce the risk of accidents using an IoT platform. The newly developed technology makes use of hi-tech sensors to real-time monitor the operating states of floating docks from virtually anywhere. This newly developed application software shows the water levels across different tanks and other operating parameters for the docks which will increase the market for docks.

The Governmental permits are needed on the size of the dock, type of dock, and the type of natural resources that might get affected such as mangroves, corals, hard bottoms, and seagrass. The prohibitions are enforced on the harmful chemicals used for docks which may disturb the marine ecosystem. Lastly, some other restrictions might be added to control the type of dock being placed on the property. 

The installation of docks is offered directly by the company-appointed contractors or distributors. However, the companies also offer a product suitable for DIY installations. In addition, the manufacturers also offer repair and maintenance services for the docks. The conventional port world is constantly changing, the technological, demographical, and sustainability drivers are affecting the daily business and are shaping several important trends which is also expected to drive the demand for docks market during the forecast period. 

The global temperature rise is expected to make the transpolar passage and the Northern Sea Route could become potential alternatives for maritime freight. The use of the Northern Sea Route for maritime freight between Asia and Northern Europe is expected to reduce the voyage distance when compared with the Suez Canal route. 

For More Details or Sample Copy please visit link @: Docks Market Report

Docks Market Report Highlights

The metal frame segment accounted for a market share of 52.0% in 2021, owing to the increasing demand for aluminum frame docks. Docks with aluminum frame are highly preferred by lakefront home or business owner as it offers strength as well as improve the aesthetic profile of the property where the dock is installed

The commercial application segment dominated the market in 2021 and is estimated to generate revenue of USD 1.1 billion by 2030, owing to the endless commercial applications for floating docks, however, they are commonly used at settings such as waterfront resorts and marinas

The market in North America is anticipated to witness a CAGR of 2.8% from 2022 to 2030 on account of increased users indulging in outdoor recreational activities that incorporate social distancing due to the pandemic. This will enhance the docks market within the region

The U.S. market is projected to witness strong growth over the forecast period and reach a market value of USD 0.68 billion in 2030 on account of the rise in the use of shipping for the movement of products and goods across regions. Additionally, space productivity is expected to lead to waterfront redevelopment activities thus positively influencing the docks market

The docks market is competitive in nature owing to the presence of several players that are primarily consolidated in the Asia Pacific and North America, whereas Europe exhibits a limited presence of established players. The changing lifestyle needs of the population, especially the younger section, towards activities such as adventure sports has also led to the rise in the use of boats and ships. This has also led to an increase in the use of floating docks across the globe 

[shippingivalueplus]

Optimize Your Global Shipping Operations with Strategic Offshore HR Solutions

Are rough seas of offshore shipping team management dragging down your shipping profits? Navigating the complexities of international maritime operations demands a top-notch offshore shipping team. But finding, retaining, and optimizing your seafaring workforce can feel like sailing through a storm. Worry not, captains! Shipping iValuePlus emerges as your beacon of hope, offering tailor-made HR solutions for global shipping excellence.

[jewelry-making]

US says it shot down four drones in southern Red Sea launched from Houthi-controlled areas in Yemen

The United States shot down four drones headed towards a US destroyer in the southern Red Sea and launched from Houthi-controlled areas of Yemen on Saturday, US Central Command (Centcom) said. “These attacks represent the 14th and 15th attacks on commercial shipping by Houthi militants since Oct. 17,” Centcom said in a post on X, formerly Twitter.The Iran-aligned Houthis, who control much of Yemen, have disrupted world trade for weeks with attacks on ships passing through the Bab al-Mandab Strait at the southern end of the Red Sea in what they say is a response to Israel’s war in Gaza. The US Naval Forces Central Command responded to distress calls from two ships under attack, Centcom said.A Norwegian-flagged, owned and operated chemical/oil tanker reported a near miss of a Houthi drone attack, and a Gabon-owned, Indian-flagged crude oil tanker reported being hit by a one-way attack, the post said. Two Houthi anti-ship ballistic missiles were also “fired into international shipping lanes in the Southern Red Sea from Houthi controlled areas of Yemen”, it said. “No ships reported being impacted by the ballistic missiles.” The UK Maritime Trade Operations agency earlier reported that an uncrewed aerial system had exploded near a vessel in the Bab al-Mandab Strait, 45 nautical miles southwest of Saleef, Yemen. Meanwhile, a Japanese-owned chemical tanker struck Saturday off the coast of India was targeted by a drone “fired from Iran”, the Pentagon said. Saturday’s attack took place about 10am local time (0600 GMT) and caused no casualties aboard the vessel, it said, adding that a fire was extinguished. The US military “remains in communication with the vessel as it continues toward a destination in India,” it added. It was the first time the Pentagon openly accused Iran of directly targeting ships since the start of Israel’s war on Hamas, according to Agence France-Presse.The Pentagon statement said the MV Chem Pluto ship flew under a Liberian flag and was operated by a Dutch entity, although the ship is owned by a Japanese company. Ambrey, a maritime security firm, said the “chemical/products tanker … was Israel-affiliated” and had been on its way from Saudi Arabia to India. The Indian navy said it had responded to a request for assistance. “An aircraft was dispatched and it reached overhead the vessel and established safety of the involved ship and its crew,” a navy official told AFP. There was no immediate claim of responsibility for the strike. The Red Sea attacks on shipping since the start of the Israel-Hamas war have prompted major firms to reroute their cargo vessels around the southern tip of Africa, despite the higher fuel costs of much longer voyages. The Houthi rebels have launched more than 100 drone and missile attacks, targeting 10 merchant vessels involving more than 35 different countries, according to the Pentagon. On Saturday, an official in Iran’s Revolutionary Guard warned of the forced closure of other waterways unless Israel halted its war with Hamas. “With the continuation of these crimes, America and its allies should expect the emergence of new resistance forces and the closure of other waterways,” Mohammad Reza Naqdi said, quoted by Iran’s Tasnim news agency. The United States launched Operation Prosperity Guardian three days ago, saying more than a dozen countries had agreed to participate in an effort that will involve joint patrols in Red Sea waters near Yemen.