The name may seem odd, but it is currently the subject of several discussions in the logistics sector. The blockchain could revolutionize operation management in several areas, including transport and logistics. Given its growing popularity, many are talking about a new internet revolution.
Napster, and later LimeWire, pioneers of music file sharing services already use the technology. Bitcoin is another example. Because digital money is also based on peer-to-peer distribution, exchanges are made directly between individuals as it is the case for paper money.
There are many advantages for using blockchain technology and this is why several large transport … Lire la suite
As 2016, three trends will describe maritime industry in 2017: 1-an increased volatility of demand 2- a sustained but uneven global recovery 3- a restructuring of the maritime supply. This text presents an analysis of these trends.
1- An increased volatility of demand
1.1 New external factors
Variability of the risk makes demand for transport less predictable. In 2016, several factors triggered this instability, including fluctuations of exchange rates, slowdown of Chinese economy, lower oil prices and difficulties of the European economy.
In 2017, recovering of American and European economies is well engaged. Despite a slight slowdown of the … Lire la suite
On June 26, the Government of Panama announced, with great fanfare, the completion of the expansion of the Panama canal. It was a historic event for this small Central America country. The crowd was awaiting the traverse of the first container ship, a Cosco ship from Asia, measuring 300 meters long, 48.25 metres wide and capable of carrying 9 500 containers (TEUS): two times the maximum capacity of the old locks.
62 international delegations were invited to listen to the speech by President Juan Carlos Varela Rodríguez. The event reflected the project: the Panama canal plays a strategic role … Lire la suite