Yet another in the ocean carrier dominoes waiting to fall.
Following the bankruptcy of Hanjin, Taiwan’s Yang Ming is now the container line in the greatest financial danger, according to a research paper published today.
Source: Red flag for Yang Ming as container line is weighed down by billion-dollar losses – The Loadstar
Posted in Logistics, Shipping, Strategy, Supply Chains
Tagged alliances, container shipping, disruption, Logistics, mergers, ocean shipping, supply chains
It’s the usual talk we hear from participants about a merger, but this is an established and well-respected ocean carrier.
One of the most interesting comments in the story is the concentration of firms in shipping compared to a year ago– down to 13 firms from 20. That is a big change, considering the amount of capital in a vessel owning carrier.
Source: Maersk Line to acquire Hamburg Süd in cash deal worth up to $5bn – The Loadstar
Posted in Logistics, Shipping, Strategy, Supply Chains
Tagged intermodal, Logistics, mergers, ocean shipping, supply chains
How should the maritime curriculum change to reflect the skills required soon?
With autonomous ships likely to enter service soon, LR has set out the ‘how’ of marine autonomous operations in a new ShipRight Procedure guidance.
Source: LR defines ‘autonomy levels’ for ship design and operation
[PDF]
LR_Cyber_Enabled_Ships_ShipRight_Procedure_Autonomous_Ships_Version_1.0_July_2016
Comments Off on LR defines ‘autonomy levels’ for ship design and operation
Posted in Advanced Computing, Logistics, Shipping
Tagged innovation, labor economics, ocean shipping, Shipping, ships
Supply Chain Digest Port Technology International Marine Link
Supply Chain and Logistics 