#shipping

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 27
1 min

Visualizing the World’s Largest Container Shipping Companies

Did you know that 80% of the global goods trade is transported over sea? Given the scale of human consumption, this requires an enormous number of shipping containers, as well as ships to carry them. At an industry level, container shipping is dominated by several very large firms. This includes A.P. Moller - Maersk, COSCO SHIPPING Lines Shipping, and EVERGREEN LINE. If you live along the coast, you’ve probably seen ships or containers with these names painted on them. Genera

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Singapore's US$40 bil mega-port takes aim at shipping chaos

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 1
2 min

Singapore's US$40 bil mega-port takes aim at shipping chaos

As the world’s economies struggle to untangle unprecedented congestion in global supply chains, one of the world’s busiest ports is backing an ambitious modernization plan to provide solutions. Singapore is forging ahead with a US$40 billion ($55.46 billion) project to build the world’s biggest automated port by 2040 — one that will double the existing space and feature drones and driverless vehicles. The city state started operations at two new berths last year, and construc

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Mapping Shipping Lanes: Maritime Traffic Around the World

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 22
1 min

Mapping Shipping Lanes: Maritime Traffic Around the World

Each year, thousands of ships travel across the globe, transporting everything from passengers to consumer goods like wheat and oil. But just how busy are global maritime routes, and where are the world’s major shipping lanes? This map by Adam Symington paints a macro picture of the world’s maritime traffic by highlighting marine traffic density around the world. It uses data from the International Monetary Fund (IMF) in partnership with The World Bank, as part of IMF’s World

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Satellite Maps: Shanghai’s Supply Chain Standstill

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 22
1 min

Satellite Maps: Shanghai’s Supply Chain Standstill

Wait times for at Shanghai marine terminals has increased nearly 75% since the lockdowns began. Delays at the Shanghai terminal have sent ships to neighboring ports in Ningbo and Yangshan, but those ports are beginning to get congested as well. China has mandated a strict “zero COVID” policy since the onset of the global pandemic, which has led to tight lockdowns across the country whenever cases have started to spike. Recently, lockdown restrictions have been enacted in majo

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ICC, DCSA, BIMCO, FIATA & SWIFT Launch The Future International Trade Alliance

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 15
3 min

ICC, DCSA, BIMCO, FIATA & SWIFT Launch The Future International Trade Alliance

Fantastic news for trade digitalization & standardization as the ICC, DCSA, BIMCO, FIATA and SWIFT launch the Future International Trade Alliance and signed a memorandum of understanding to standardise digitalisation of international trade. Together, the industry associations will collaborate on the development and adoption of relevant standards to facilitate the use of electronic bills of lading. Established to further digitalisation of container shipping technology standard

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Mapping the World’s Key Maritime Choke Points

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 16, 2021
1 min

Mapping the World’s Key Maritime Choke Points

Maritime transport is an essential part of international trade—approximately 80% of global merchandise is shipped via sea. Because of its importance, commercial shipping relies on strategic trade routes to move goods efficiently. These waterways are used by thousands of vessels a year—but it’s not always smooth sailing. In fact, there are certain points along these routes that pose a risk to the whole system. Here’s a look at the world’s most vulnerable maritime bottlenecks—a

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OECD Report: Misuse of Containerized Maritime Shipping in the Global Trade of Counterfeits

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 23, 2021
2 min

OECD Report: Misuse of Containerized Maritime Shipping in the Global Trade of Counterfeits

Trade in counterfeit goods represents a longstanding, and growing, worldwide socio-economic risk that threatens effective public governance, efficient business and the well-being of consumers. At the same time, it is becoming a major source of income for organised criminal groups. It also damages economic growth by undermining both business’s revenue and their incentive to innovate. Counterfeit and pirated products tend to be shipped by virtually every means of transport. In

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DCSA's Thomas Bagge and the quest to digitise container shipping

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 2, 2020
1 min

DCSA's Thomas Bagge and the quest to digitise container shipping

Former Maersk executive Thomas Bagge has been chief executive and statutory director of Digital Container Shipping Association (DCSA) for nearly 18 months, in an attempt to pull the shipping industry into the 21st century. It is, he says, not an easy quest, but the first fruits of his labour are starting to show. “The container shipping industry is currently not a digitally advanced industry. We are, however, seeing a shift as many companies are thinking about how to change t

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Smart Ports: On the move to become Global Logistics Information Exchange Hubs

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 21, 2020
1 min

Smart Ports: On the move to become Global Logistics Information Exchange Hubs

Ports are taking significant strides with digital transformation and starting to declare themselves as “smart”. Processes are digitalised, communities within the port are connected, and impressive gains in operational efficiency, regulatory compliance, and customer satisfaction are emerging, write Hanane Becha, Mikael Lind, André Simha and Francois Bottin. Smart ports, as important nodes in the global supply chain, have the opportunity to establish themselves as logistics inf

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Israel Ports Company begins pilot for transferring bills of lading, using blockchain technology

GTDW FDI Trade & Supply Chain Digitalisation News

Mar 11, 2020
3 min

Israel Ports Company begins pilot for transferring bills of lading, using blockchain technology

The company will be one of the first in the world to implement the technology in order to streamline the #supplychain and prevent #forgeries and delays. A step up in implementing advanced technology in ports: the Israel Ports Company, which develops and operates the Israeli Ports Community System (IPCS), has launched an innovative pilot project for transferring bills of lading, using #blockchain #technology. This new approach is expected to deliver significant savings in time

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China’s ports reach ‘turning point’ as Covid-19 backlog clears

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 28, 2020
2 min

China’s ports reach ‘turning point’ as Covid-19 backlog clears

“The turning point has arrived … We are seeing that port congestion has eased and logistics start to revive,” said Xu Kai, director of the Shipping Information Research Institute at SISI. Crane operators, customs officers, tugboat pilots and other key logistics links have began to slot into place after lockdowns across the country had led to congestion. China is the largest container cargo handler – processing around 30 per cent of global traffic or around 715,000 containers

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How Can Trade Compliance Heads Leverage Data & Technology In Uncertain Times For Trade?

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 28, 2020
2 min

How Can Trade Compliance Heads Leverage Data & Technology In Uncertain Times For Trade?

''Leveraging Data & Innovative Technologies to Comply with Trade Regulations, Mitigate Risks & Maintain Operating Margins in an Increasingly Uncertain Cross-Border Trade Environment" As part of the preparations for GTDW China Trade Development Forum, June, Shanghai we are pleased to announce the Trade Compliance Leaders Panel Discussion and welcome top international speakers; Dr Ali Salamat, Economic Adviser-Trade Economist, the Directorate of International Trade, Oceans and

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Transnational Crime: A Revised Approach to Countering The Underworld of Trade Globalization

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 26, 2020
3 min

Transnational Crime: A Revised Approach to Countering The Underworld of Trade Globalization

Delighted to welcome two of the worlds leading experts on customs, trade facilitation, trade security & anti illcit trade to join us in Shanghai this June. Alan Bersin, Former Commissioner U.S. Customs & Border Protection, Dept Homeland Security and Lars Karlsson CEO, KGH Global Consulting & GTDW Advisory Council Member VIEW AGENDA ENGLISH | VIEW AGENDA CHINESE CONFIRMED SPEAKERS [KEYNOTE] Huang Feng, Director General, Shanghai Asia-Pacific Model E-port Network Operational C

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Thomas Bagge, DCSA, CEO, Joins Keynotes GTDW China Trade Development Week, Shanghai

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 20, 2020
2 min

Thomas Bagge, DCSA, CEO, Joins Keynotes GTDW China Trade Development Week, Shanghai

With the recent launch of Tech neutral Track and Trace Standards for The Global Container Shipping Industry we are excited to welcome back Thomas Bagge, CEO, Digital Container Shipping Association @DCSA_org returning as a Keynote Speaker and Institutional Partner at GTDW China Trade Development Week, 16-18 June, Shanghai Pudong. Get the latest on how trade will benefit from an agnostic technology neutral approach to open standards for a common technology foundation that enabl

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5 ways the digitisation of the global logistics industry can increase trade – and reduce poverty

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 19, 2020
1 min

5 ways the digitisation of the global logistics industry can increase trade – and reduce poverty

New article from our friends at World Economic Forum, Authored by Henrik Hvid Jensen Expanding global trade is essential to reducing poverty. Responsible, accelerated and affordable digitisation can facilitate global trade and sustainably reduce poverty. Five Logistic Internets can increase efficiencies and reduce costs for businesses and trading partners around the world. The expansion of international trade is essential to development and poverty reduction. To meet the UN’s

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Indonesia Customs to Adopt TradeLens Blockchain Solutions

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 19, 2020
2 min

Indonesia Customs to Adopt TradeLens Blockchain Solutions

Jakarta - 18 February 2020 - The Indonesia Customs and Excise Department, which sits under the Ministry of Finance, today announced the use of the blockchain-enabled TradeLens platform in Indonesia. The announcement follows several months of implementation since the department first announced it was joining the TradeLens ecosystem at the end of last year. Indonesia Customs and Excise Department is the third government agency in Southeast Asia to use the platform. TradeLens is

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Record at Belgian customs: 126 million cigarettes seized since the start of the year!

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 20, 2020
1 min

Record at Belgian customs: 126 million cigarettes seized since the start of the year!

Customs has intercepted 126 million counterfeit cigarettes since the beginning of the year, a record seizure, said the FPS Finance on Friday. These cigarettes, whose final destination is unknown, came from Southeast Asia and represent an amount of 65 million euros in import duties, excise duties and VAT evaded. Eight people have been arrested and are being questioned. On January 9, customs seized 10 million cigarettes from a warehouse in Stabroek, in the province of Antwerp.

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GTDW FDI Trade & Supply Chain Digitalisation News

Jan 17, 2020
3 min

Have You Seen The Program & Speakers?

Welcome back to the new year and a new decade for The 4th GTDW Anti Illicit Trade, Brand & IPR Protection Conference + GTDW Trade Facilitation, Compliance & Digitalisation Conference & Exhibition our biggest edition to date returns to Shanghai Pudong, China from 16-18 June, presented in English & Mandarin as part of the 19th Edition of Global Trade Development Week. Theme: Digitalization, Standardization & Interoperability of Technologies. 800 International delegates, 80 Spea

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Blockchain: Tradelens Signs MOU With Jordan Customs To Facilitate Trade

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 18, 2019
1 min

Blockchain: Tradelens Signs MOU With Jordan Customs To Facilitate Trade

Jordan Customs department to launch electronic platform for international trade Experimental electronic information platform known as the “TradeLens” system to facilitate international trade. The Jordan Customs Department (JCD) on Monday signed a Memorandum of Understanding with Maersk GTD at the JCD building to launch an experimental electronic information platform known as the “TradeLens” system to facilitate international trade. It is based on “Blockchain” technology, whic

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Shanghai gets green light to set up duty-free customs area to facilitate direct global trade

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 17, 2019
2 min

Shanghai gets green light to set up duty-free customs area to facilitate direct global trade

Shanghai gets green light to set up duty-free customs area to facilitate direct global trade, in a move that bypasses Hong Kong! A fenced customs area will be established at Shanghai’s Yangshan Deep Sea Port and at the Lingang free-trade zone (FTZ) Cargo inside the area will be exempted from import duties, according to the November 4 circular by the The General Administration of Customs China’s government has given the green light to set up a duty-free zone at Shanghai’s port

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