The tremendous growth of consumer demands for commodities has made the sea freight shipping industry a pivotal support system for trade and commerce all over the world. As per a report by the UNCTAD, over 80% of international trade is carried on via sea freight thus making it the backbone of international trade. However, since…
Conqueror Blog
Tag: container shipping industry
Hapag-Lloyd and One Integrates with Maersk’s Trade Lens platform
One of the most important news from the container shipping industry in the last week is the integration of container carrier giants ONE and Hapag-Lloyd with Maersk’s TradeLens platform. This move comes two years after the two carriers expressed their willingness to join Maersk’s blockchain platform. TradeLens is a blockchain-enabled supply chain platform launched by…
Digitization of the Maritime Sector: A Brief Report
The container shipping industry has traditionally relied on manual processes for both decision making and data management. There are around 4,900 ports all over the world. Unfortunately, only a handful of them has started to digitize their operations. The reliance on conventional methods is no longer proving useful and this industry is now looking for…
The era of smart containers is here
Containerised shipping amounts to more than $4 trillion industry with around 130 million containers being used for sending out various shipments. It goes without saying that smart containers – those that include sensors and are capable of real-time tracking of the movement and location of the cargo – have come up as one of the…