Navis In the News

The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration, according to a new report and industry survey released today by the Business Performance Innovation (BPI) Network in coordination with Navis and XVELA, both part of Cargotec.

The findings indicate that importers, exporters, shipowners and other stakeholders suffer from poor visibility and predictability around shipments and are losing money due to a lack of partner synchronization and insufficient data insight. However, there is recognition, particularly among industry leaders interviewed, that digitization and mindset shifts are afoot, and will be a boon to all players in the industry.

Jun 21, 2017 – Material Handling & Logistics

Maritime Shipping Needs Better Data Sharing

However, there is recognition, particularly among industry leaders interviewed, that digitization and mindset shifts are afoot, and will be a boon to all players in the industry. “Everyone benefits from collaboration and data sharing,” says Andreas Mrozek, Global Head Marine & Terminal Operations for the Hamburg Sud Group, one of the world’s largest container shipping lines. “It starts with the customers and moves to the carriers, then the terminal operators, vendors, freight systems, truck companies, and keeps going down the line. Closer collaboration is a compelling value proposition for each supply chain partner.”

According to respondents, the areas most in need of improvement are: 1) carrier to terminal coordination, 2) supply chain visibility and information sharing, 3) terminal operations, 4) cargo flow visibility and predictability, and 5) coordination across carrier alliances.

Jun 21, 2017 – Supply Chain Quarterly

Study calls for digitization of maritime shipping data

The lack of data sharing affects importers, exporters, container carriers, terminal operators, vessel owners, and other stakeholders, all of which suffer from poor visibility and predictability around shipments, according to the study, "Competitive Gain in the Ocean Supply Chain: Innovation That's Driving Maritime Operational Transformation."

Jun 20, 2017 – Port Strategy

Navis-led study reveals terminal disconnects

A new study has uncovered ‘huge opportunities’ to improve performance and customer service through better use of data across the ocean supply chain. That is if the supply chain can overcome major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration.

Jun 20, 2017 – World Cargo News

Shipping at the Tipping Point

Unsurprisingly, the study supports the view that parties right across the supply chain suffer from poor visibility and predictability around shipments, and are losing money due to “a lack of partner synchronization and insufficient data insight”. Included in the study findings are that 90% of survey participants said real-time data access and information sharing was important to increasing the efficiency and performance of the shipping industry, with 82% agreeing the industry needs to improve supply chain visibility.

Jun 20, 2017 – American Journal of Transportation

Global maritime shipping industry needs better data sharing

A new study, “Competitive Gain in the Ocean Supply Chain: Innovation That’s Driving Maritime Operational Transformation,” says that importers, exporters, container carriers, terminal operators, vessel owners and other stakeholders suffer from poor visibility and predictability around shipments and are losing money due to a lack of partner synchronization and insufficient data insight.

A lack of transparency and coordination between stakeholders hinders cargo movement in much of the supply chain, but it is unclear whether the industry is ready to embrace technology and take the necessary steps to remedy the problem, a study released Tuesday and compiled by the BPI Network, a professional networking organization, and three shipping industry technology companies suggests.

Logistics firms in the ocean supply chain need to apply digitized data sharing to avoid costly inefficiencies due to poor collaboration in five key areas, a maritime industry study shows. The lack of data sharing affects importers, exporters, container carriers, terminal operators, vessel owners, and other stakeholders, all of which suffer from poor visibility and predictability around shipments, according to the study.

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