Author: Mehtap Demirci

The Effects of Terrorism on the Supply Chain

In today’s economy, businesses are subject to a number of external factors that are not within the direct control of a company, but can still have enormous effects on the company’s decision-making, planning, and overall success of the business. Among many of these outside factors is terrorism – defined as the unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims. It is the indirect effects of terrorism that create the most significant potential threat to the activities of businesses and their supply chains. The effects of terrorism can cause reduction in demand for...

Read More

Maersk Line Improves Digitization By Working With Microsoft

A.P. Moller-Maersk Group, one of the world’s largest global transport and logistic carriers, has made a bold move, and partnered up with iconic technological giant Microsoft Corporation. This strategic move will revolutionize global supply-chain management, as well as worldwide commerce. The company stated it has chosen to exclusively use Microsoft cloud’s computing platform, called Azure, in meeting its goal to modernize its vessels and transport economics. The agreement means that Maersk has chosen Microsoft as the preferred cloud partner on its digital development of products and services across the Maersk Transport and Logistics division brands. With Microsoft on its side,...

Read More

Shipping Vessels Could Reduce Environmental Pollution and Save Marine Life

Global containerized-freight shipping company, Evergreen Marine Corporation, has received outstanding praise and recognition for its involvement in a voluntary environmental and ecological protection program. The Taiwanese container transportations and shipping company, headquartered in Luzhu District, Taoyuan City, participated in a voluntary environmental and ecological protection program from July 2015 through November 2016, which helped increase the whale population by encouraging slower sailing speeds and reduced greenhouse gas emissions of vessels in the Santa Barbara Channel region. Read how shipping vessels could reduce environmental pollution and save marine life. In September 2016, Evergreen Marine Corporation was awarded an environmental protection...

Read More

Customs Processing in the Digital Age

Modernizing the customs process has been sought out by most world governments in a time where there is uncertainty about the future of global trade yet an increasing growth in cargo and passenger movement around the world. The manual paperwork method of the clearance process is steadily making its way out and paving the way for an all-digital format to streamline clearance at major ports of entry. India’s new government initiatives for 2017 with the goal of reducing the use of paperwork at the bureaucratic level will be introducing methods to hasten the customs process by creating a paper...

Read More

Tariff Hikes Look to Finance Expansion at India’s Biggest Port

The Jawaharlal Nehru Port Trust, a company responsible for shipping the majority of India’s containerized freight, is looking to regulate approval to increase taxes on shipping to help neutralize revenue deficits and finance expansion plans. The top port of India has announced that it has requested a tariff hike with the Tariff Authority for Major Ports for 16 percent in container-related charges and a 21 percent increase in vessel related fees. Cargo-related fees typically include stevedoring, wharfage, and demurrage, while marine-related fees commonly include berth hire and pilot charges. In addition to these hikes, a 16 percent hike in...

Read More

Archives

Send this to a friend