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October 7, 2019
Using technology to tame freight rate volatility and reduce capacity risks.
London, UK, 02 October 2019 – Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility, according to a joint study conducted by global shipping consultancy, Drewry and maritime supply chain technology provider, CyberLogitec. While the shipping industry has changed dramatically … Continue reading Using technology to tame freight rate volatility and reduce capacity risks.
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September 10, 2019
Two Steps to Essential Visibility for Terminal Operators
For any business in today’s marketplace, visibility gives real-time awareness and big-time foresight. In addition to lending the ability to make a swift response to a situation, whether it is to fix the problem, or to seize an opportunity, visibility also gives you the power to predict certain outcomes to avert downtime or disaster, and … Continue reading Two Steps to Essential Visibility for Terminal Operators
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August 27, 2019
Towards a Global Collaborative Platform for the Container Liner Industry
Technology will enable a global oceanic logistics ecosystem where partners can connect, collaborate and create opportunities unlimited. The future of smart cooperation between container liners is very positive. Why? Because the values which are being shared between collaborative container liners are also of value to other players in the maritime logistics domain. In fact, the … Continue reading Towards a Global Collaborative Platform for the Container Liner Industry
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August 21, 2019
New Era, Same Old Fundamentals
It’s shape-up time for shipping industry players. Figures released by Container Trades Statistics indicate that global volume growth in the container shipping industry was largely stagnant at 1.3% for the first half of 2019 compared to 4.5% at the halfway mark last year. The reality of falling demand and the decline of containership supply do … Continue reading New Era, Same Old Fundamentals
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June 27, 2019
Strengthening Capabilities. Seizing Opportunities.
YTN, one of the well-known broadcasting company in Korea, features CyberLogitec in their TV channel. As a global leader in the maritime, port and logistics industry, CyberLogitec’s end-to-end suite of solutions and consulting services help the industry adapt quickly to evolving needs of the market. Established in 2000, we remain focused on strengthening our capabilities … Continue reading Strengthening Capabilities. Seizing Opportunities.
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June 5, 2019
Star Cluster Logistics Improves Operational Processes and Administration with OPUS Logistics
Star Cluster Logistics (SCL) is a freight forwarding company that specializes in moving cargo for Glovis, the house handling company for Hyundai Automotive. They chose OPUS Logistics because of its advanced functionality and to help them better manage the challenges of fluctuating cargo volumes. All seven of their locations and 50 total employees use the … Continue reading Star Cluster Logistics Improves Operational Processes and Administration with OPUS Logistics
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June 5, 2019
How Top Logistics Providers are Improving Their Operations
Logistics service providers facilitate the movements of goods through the global supply chain. They are the glue that holds it all together. Their jobs depend on the ability to optimize the end-to-end logistics for their customers, beneficial cargo owners. To do this effectively, they need technology partners who can support their efforts, keep them up … Continue reading How Top Logistics Providers are Improving Their Operations
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April 8, 2019
The Importance of Digital Technology in the Logistics Space
Priorities in 2019 are likely to shift towards building resilience into freight operations to mitigate the impact of trade tensions, currency exchange rate volatility and rising interest rates.
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April 8, 2019
Enabling Smarter Logistics that Will Shape the Future
“Shippers looking to control logistics costs need creative thinking and innovation. That creates opportunities for start-ups and new technologies offering novel solutions to transportation challenges.”
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March 7, 2019
Powering the Future of Container Liner Collaborations
Imagine a Grab or Alibaba.com environment for the container liner business. Connecting more than vessel liners, such multi-sided platforms can serve the interests of various groups of suppliers and consumers in the wider industry value chain, including shipping portals, freight forwarders and more, creating an open and self-perpetuating ecosystem where business and innovation can thrive. … Continue reading Powering the Future of Container Liner Collaborations
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February 12, 2019
Advanced digital platforms support container liner collaboration
Container liners have been working together in one form or another for many decades.
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January 24, 2019
Rising to the Digital Challenge in Shipping
Businesses all across the ocean supply chain are studying technological developments to adopt for the future, and enhance their sustainability. Industry experts are observing that traditional ways of operating in the shipping business are now being challenged. Digital services will become progressively more critical. Shipping companies can implement digital initiatives to boost productivity which will … Continue reading Rising to the Digital Challenge in Shipping
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January 14, 2019
Cultivating a Global Mindset
In a global organization, companies view cultural and geographical diversities as opportunities to harness. Successful organizations like Nestle and Unilever, require a deep understanding of having a global mindset; being poised to adopt global business practices and accept diversified cultures. Organisations like them would be prepared to adopt successful best practices regardless of where they … Continue reading Cultivating a Global Mindset
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January 2, 2019
Smart Is The New Small
Digital transformation has been bringing sweeping changes across all industries. In shipping, the evolution has been progressive but slow. Ironic for an industry that has a key role in almost every industry in the global marketplace today. According to the International Maritime Organization (IMO), over 90% of the world’s trade is carried by sea.
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December 6, 2018
From Good to Great – Making the TOS Leap 2.0
Guiding a company from good to great demands intense discipline and dedication in its drive towards maritime and terminal excellence. Beyond just mere profit-generating, the best combination is for a company passionate enough to produce tangible positive outcomes for their business and the industry at large.
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November 27, 2018
From Good to Great – Making the TOS Leap 1.0
Ports play a major maritime role in a country’s economic development. The terminal industry therefore has to end its divisive nature and embrace a more collaborative view of things in order to be successful.
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November 15, 2018
Driving Innovation at the Inaugural CyberLogitec Summit 2018
CyberLogitec held its first Summit last week, hosting more than 35 international customers, guests, partners and friends. The event is testament of our strong competencies in business consultation...
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November 7, 2018
How Far Have We Sailed?
It comes with no surprise that digital transformation is slowly but surely, changing the maritime game. Every industry in fact, has in one way or another been affected by it.
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October 11, 2018
Container Ports: 2 Ways To Fast Track Transformational Change
What shippers really want to know the timeliness of the vessel’s arrival, that the port will have allocated delivery trucks and cranes ready to service them at berth. They need the port to be flexible to manage...
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October 2, 2018
The Balance of Globalisation and Collaboration
The Research & Markets’ “Global Ports and Terminal Operations Market 2017 – 2021” report states that ‘The ports and terminal operations market in APAC is expected to handle 477.42 million...
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September 25, 2018
Driving New Frontiers 2.0
Within the terminal supply chain, there are many stakeholders involved in delivering end-to-end service to customers. In the world of larger ports and bigger ships, a flexible and modular-based TOS architecture understands that multi-terminal and mix-cargo terminal operations have different complexities, which means there isn’t a one-size-fits-all system
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September 19, 2018
Driving New Frontiers 1.0
The ocean container shipping industry is facing many issues, with weak demands and oversupply of slots. The truth is terminals can visualize a new era, restoring port productivity to the industry.
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September 11, 2018
Change is Here to Stay
The old paradigm of change was applying technology to automate simple processes and operations, but today’s wave of change has gone beyond that. It is now about leveraging on the Internet of Things (IoT) and Big Data to collect intelligent data generated by multiple processes, and support change management at a higher level. Big Data … Continue reading Change is Here to Stay
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August 30, 2018
Is the Slow Adoption of Technology in the Maritime Industry Making Us Vulnerable?
Paper maps, charts and atlases have all but disappeared in the face of the advanced satellite-based navigation systems which have become a permanent fixture on our mobile phones. Using GPS to guide us from one point to another has become such a normal way of life for most consumers, that without it, they are lost … Continue reading Is the Slow Adoption of Technology in the Maritime Industry Making Us Vulnerable?
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August 21, 2018
Living Tomorrow’s Port Today
Achieving optimum productivity is always on the minds of senior management, and as the level of competition escalates, this becomes an increasing concern with larger ships and bigger ports raising the stakes. The concept of today’s smart ports is to help terminal operators and shipping lines maximise productivity and reduce turnaround times by investing in … Continue reading Living Tomorrow’s Port Today
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August 7, 2018
3 Ways To Shore Up Your Maritime Performance
Maritime transport is the backbone of globalisation and trade. In recent years, international seaborne trade has seen substantial growth even as it battles to increase utilisation rates, cope with the introduction of “mega-ships” and accommodate customer demands for increased visibility and velocity in the supply chain. Having a well-supported technological solution that supports all business … Continue reading 3 Ways To Shore Up Your Maritime Performance
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July 17, 2018
2 Ways to Improve Liner Service Quality
In a recent annual shipper satisfaction survey conducted by Drewry and the European Shippers’ Council (ESC) for 400 shippers and forwarders, it was revealed that shipper’s satisfaction with documentation accuracy scored 3.4 out of 5, but the quality of the customer service received only 2.9. The survey also reveals that carrier performance has deteriorated in … Continue reading 2 Ways to Improve Liner Service Quality
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July 10, 2018
Reinventing For The Future
Technological disruption within the maritime industry is transforming before our very eyes. Markets have been roiled by the recent merger of large shipping liners and the economic uncertainties between America and China. There are also issues with the shift in consumer purchasing preferences to buy experiences than goods. All these have contributed to a cautious … Continue reading Reinventing For The Future
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June 28, 2018
Can technology still realise the vision in the container industry?
In the recent years, the world has seen how Air BnB and Uber has taken over the world with its unique way of doing business. They have shown how platform technology has helped administer complex processes and interactions at an unprecedented speed and scale. The maritime logistics has not been spared. Technological changes and consumer … Continue reading Can technology still realise the vision in the container industry?
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April 20, 2018
‘Cooperation’ to ‘Collaboration’ in Container Liner business.
Under the liner shipping environment which is being challenged from various aspects internally and externally, it is imperative to have cooperation with partner lines. If considering the principle of service network which is comprised of physical ships and networks connected to the port calls, it is evident that more flexibilities are coming from available assets … Continue reading ‘Cooperation’ to ‘Collaboration’ in Container Liner business.
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April 19, 2018
Port Time vs. Sea Time? Omni-Operation!
What does it mean port time vs. sea time in container liner operation? Depend on the scale of container liner, it could be separated the responsible teams who were focusing port time and sea time, in specifically, vessel operation and terminal operation. One of the side effects in approaching two different operations is the possibility … Continue reading Port Time vs. Sea Time? Omni-Operation!
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April 19, 2018
Terminal Productivity from Container Liner’s View
The meaning of productivity is the ratio of output against input made with expectations. In this generic definition, there are two different approaches would be possible in the container terminal operation productivity. One from container liner’s view and another is terminal operator’s perspective. Approach for the consumers(container liners) who are supposed to receive the service … Continue reading Terminal Productivity from Container Liner’s View
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April 19, 2018
Where are the Top 100 Container Liners moving?
If we are tracking each container liner’s operating vessels’ number as well as the average capacity of a ship, it represents certain trends in number and capacity wise. Trend 1: The number of ships is moving upper direction, which means increasing numbers of the ship in general. Trend 2: The average capacity of a ship … Continue reading Where are the Top 100 Container Liners moving?
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April 13, 2018
Values in ALLEGRO, all about the Liner Shipping (1)
It is not a day one solution but based on 20 + Years of business experience in H-co, and stepping up through the projects 2013 Heung-A / 2014 Kambara + Camellia + NYK / 2015 PIL / 2016 JAPAN 3 J/V ONE, we made functionalities upgrade even more and those are proved under various real … Continue reading Values in ALLEGRO, all about the Liner Shipping (1)
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April 13, 2018
Values in ALLEGRO, all about the Liner Shipping (2)
It is continued post from posting ‘Values in ALLEGRO, all about the Liner Shipping (1)’ The 4th core value that ALLEGRO can provide is exception management which will be a key element to help optimize the liner shipping industry. As ALLEGRO works under integrated and inter-linked business process, efficient handling exceptions are critical not only … Continue reading Values in ALLEGRO, all about the Liner Shipping (2)
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April 13, 2018
Values in ALLEGRO, all about the Liner Shipping (3)
It is continued post from posting ‘Values in ALLEGRO, all about the Liner Shipping (2)’ The 7th core value in ALLEGRO is about network control which is getting more important even in accordance with the extended cooperation with partner lines, and diversified hub ports for efficient operations. ALLEGRO’s service network management provides maximum combination of service … Continue reading Values in ALLEGRO, all about the Liner Shipping (3)
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June 28, 2016
OPUS Terminal fully prepared for SOLAS Amendments
A newly revised IMO regulation, aimed to strengthen maritime safety procedures, is scheduled to become legally effective worldwide on 1 July 2016. The new SOLAS amendment requires shippers to verify container weight in weigh stations with declared weight certificates prior to loading shipment on vessels. They are then obliged to notify verified weight to shipping … Continue reading OPUS Terminal fully prepared for SOLAS Amendments
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June 20, 2016
CyberLogitec opens and participates in Major Maritime Events (2016)
APM Singapore 2016 CyberLogitec Sales Representative J.S. Chung giving a presentation on our newest solutions CyberLogitec in APM Singapore Mar 16, 2016 – CyberLogitec participated in APM(Asia Pacific Maritime) in conjunction with Jason Electronics, a local partner of CyberLogitec in Singapore. APM is one of the largest shipping conventions in Asia held every 2 years … Continue reading CyberLogitec opens and participates in Major Maritime Events (2016)
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February 11, 2016
Changing Alliances for Container Market
New Mergers in Shipping Companies CMA-CGM, world’s No.3 shipping company, has confirmed its decision to purchase APL while COSCO simultaneously enclosed deals to acquire CSCL’s container division. As of 2016, APL (G6) and CSCL (O3) will continue business under their respective alliances for the time being, but more changes are expected in 2017. – Once M&As are complete … Continue reading Changing Alliances for Container Market
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January 28, 2016
Removal of sanctions in Iran eases burden for Oil Tanker Market
Oil Tanker Market Iran’s efforts to grow oil exports are likely to increase seaborne trade volumes, offsetting some pressure on the oversupplied tanker market. – Mehdi Asali, OPEC’s Iranian Representative, said on Jan 16th that Iran is ready to boost crude oil production 500,000 barrels per day (bpd) once sanctions are lifted with a follow … Continue reading Removal of sanctions in Iran eases burden for Oil Tanker Market
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December 22, 2015
Long-Term Transport Contracts Bring Benefits to Shippers, Too
BDI reached 498p, the lowest ever, on November 20th, and has since remained around 500-599p. Thanks to the continuing low freight rates due to an oversupply over an extended period, shippers are reaping benefits from lowered transport cost, whereas carriers have no choice but to operate their ships at the risk of sustaining a big … Continue reading Long-Term Transport Contracts Bring Benefits to Shippers, Too
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December 21, 2015
Implications of Maersk’s Restructuring for Shipping Market
Maersk announces a restructuring plan In early November, Maersk, the global leader in shipping, announced an aggressive restructuring plan to reduce cost by making its organization slimmer and reducing investment in new vessels for next two years. Maersk’s plan charted three things to do: manpower reduction, vessel investment reduction, and service route reduction. Maersk plans … Continue reading Implications of Maersk’s Restructuring for Shipping Market
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November 30, 2015
Factors That Will Control Future Container Shipping Market
This year, the container shipping market has seen a depression that is worst ever in history, while countless shipping-related organizations do not see a brighter future for the market. Looking at the factors that will drive the container shipping market for next several years, one sees more of negative than of positive factors. Major factors … Continue reading Factors That Will Control Future Container Shipping Market
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November 27, 2015
Supply, Not Demand, to Decide Container Cargo Rates
This year, container freight rates have been dropping. Freight rates for European routes, which began on 9th January at 905 dollars per TEU for cargo originating from Shanghai, dipped below 300 dollars per TEU for three weeks in June and three weeks in October, thus registering a price that is the lowest ever in history. … Continue reading Supply, Not Demand, to Decide Container Cargo Rates
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November 5, 2015
Intra-Asia Routes Troubled with Slowing Demand and an Oversupply
Growth in trade and cargo volume in intra-Asia is slowing down As economic depression continues into the year in major East-Asian countries such as China, South Korea, and Japan, cargo volume in intra-Asia is leveling off. According to the Japan Maritime Daily, the cargo volume in intra-Asia increased by only 1.5% to 14.37 million TEU … Continue reading Intra-Asia Routes Troubled with Slowing Demand and an Oversupply
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November 2, 2015
Delivery of More Ultralarge Vessels Will Likely Increase Contribution to Market Supply
Fleets are expected to shift focus to ultralarge vessels According to Alphaliner, as of the end of September, there were 316 ultralarge ships that were 10,000 TEU and above which amounted to 4,214,000 TEU, and they accounted for 6.1% of the worldwide container fleet in the number of ships and 21.6% in vessel capacity. As … Continue reading Delivery of More Ultralarge Vessels Will Likely Increase Contribution to Market Supply
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October 14, 2015
Why Large Shippers Are Obsessed with Shipping Market
In our last article, we said that dry bulk carrier market will see increasing influence of large shippers. Particularly, large shippers are exercising a powerful influence on the shipping market mainly by chartering ships instead of owning them. To be specific, large shippers prefer to charter rather than own ships, because they see less financial … Continue reading Why Large Shippers Are Obsessed with Shipping Market
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October 1, 2015
Opening of New Suez Canal Creates Unfavorable Conditions for Shipping Companies
On August 6th, Suez Canal Authority (SCA) of Egypt opened New Suez Canal. New Suez Canal, of which the construction began last August, took a year and 8.4 billion dollars. New Suez Canal was built over a 72km sector that passes Ismalia, which comes in the middle of the old canal. As the addition of the … Continue reading Opening of New Suez Canal Creates Unfavorable Conditions for Shipping Companies
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September 30, 2015
How to Take Full Advantage of CBF for Stowage Planning
In our last article, we took a look at the merits of the client/server stowage planning system and checked how process improvement realizes cost reduction. In this article, let’s take a close look at specific cases in which solutions are created and operated for shipping companies. We will focus our attention on how stowage planning … Continue reading How to Take Full Advantage of CBF for Stowage Planning
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September 24, 2015
Budding Merger Trend among Shipping Companies Something Out of the Ordinary
Lately, specifics of a merger are being discussed between COSCO and China Shipping, China’s two biggest shipping companies, while various media outlets have forecast its completion in 2017. COSCO has a 4.8% share and China Shipping has a 3.6% share of the current liner shipping market. If a merger realizes, the combined company’s market share … Continue reading Budding Merger Trend among Shipping Companies Something Out of the Ordinary