DIGITALISING THE MARITIME SECTOR SET TO BOOST THE COMPETITIVENESS AND RESILIENCE OF GLOBAL TRADE

In an article dated 22 January, Hellenic Shipping News referred to a new report launched by the World Bank and the International Association of Ports and Harbors (IAPH) which shows that better digital collaboration between private and public entities across the maritime supply chain will result in significant efficiency gains, safer and more resilient supply chains, and lower emissions.  Maritime transport carries over 90% of global merchandise trade, totaling some 11 billion tons of cargo per year. Digitalizing the sector would bring wide-ranging economic benefits and contribute to a stronger, more sustainable recovery.  The report analyses numerous technologies applied already by some from the world’s leading port and maritime communities, including big data, the internet of things (IoT), fifth-generation technology (5G), blockchain solutions, wearable devices, unmanned aircraft systems, and other smart technology-based methods to improve performance and economic competitiveness.

https://www.hellenicshippingnews.com/digitalizing-the-maritime-sector-set-to-boost-the-competitiveness-and-resilience-of-global-trade/

The report is at –

https://sustainableworldports.org/wp-content/uploads/World-Bank-IAPH-joint-paper-accelerating-digitalization.pdf

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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