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Head of world’s newest container mega-carrier to discuss state of shipping, supply chain challenges and digitalisation at annual TOC Asia forum in Singapore, April 9-10
Jeremy Nixon, Global Chief Executive Officer for Ocean Network Express will deliver the shipping line keynote address at the 2019 edition of the TOC Asia Container Supply Chain conference. Returning to Singapore for the 6th year running, TOC Asia take place 9-10 April at the Marina Bay Sands Complex as part of Singapore Maritime Week.
Growth in world trade and, especially, port volumes is better than for some long time. But the global and regional impact of escalating tariffs and increased protectionist policies will remain high on the TOC agenda for 2019. “While the prospects for seaborne trade are positive, these are threatened by the outbreak of trade wars and increased inward-looking policies. Escalating protectionism and tit-for-tat tariff battles will potentially disrupt the global trading system which underpins demand for maritime transport,” said Mukhisa Kituyi, Secretary-General of UNCTAD, the United Nation Conference on Trade and Development, launching its 2018 Annual Review of Maritime Transport this October.
Ports and terminals have unfortunately often been characterised as black holes of information, not least by cargo owners. This is despite the fact that port community systems represent some of the earliest IT initiatives to combine operational, commercial and regulatory data around import and export shipments and trade compliance.
But in the new digital economy, ports and terminal have a chance to be just as much a nexus of information flow as they are of physical cargo flow. Of course, these two facets are completely intertwined, as the CEO of PSA International pointed at TOC Asia 2018, where the port operator launched CALISTA, a digital platform blending cargo logistics, inventory...
As Lamia Kerdoudj-Belkaid, Secretary General of FEPORT, the Federation of European Private Port Companies and Terminals, observed at TOC Europe 2018: "Open systems and engagement of all parties, with due governance, is vital to getting value from digitalisation along maritime logistics chains and to deal with disruption." No one platform or system can ever hope to control the complex web of global trade processes, assets and infrastructure and of course we live in a competitive world where customers expect the right to choose their suppliers. So, digital interfaces across platforms and with enterprise IT are vital.
So too are governance frameworks for data exchange and coordination among public and private parties, including...
With an astounding $14.2 trillion of new global wealth to be realised through Fourth Industrial Revolution (4IR) technologies by 2022, according to the World Economic Forum, now is the time for industry members to join up and develop comprehensive innovation strategies which will enable information to flow much more seamlessly between the many different players and actors who make up today’s often lengthy, opaque and fragmented supply chains.
Achieving true industry collaboration and redefining supply chain roles in a re-mixed and re-shaped world
For over 40 years, TOC Events has provided trusted forums for executives across the global ports, terminals, shipping and maritime logistics sector to network, learn and debate the big issues of the day. And over the past few years, there have been some very big issues to discuss.
Some of the world's largest blue-chip shippers have expanded their fight against the trade in counterfeit goods.
They have called on maritime logistics suppliers, container carriers and the freight forwarders that coordinate shipments, to introduce policies to ensure they only carry legitimate trade.
The Business Action to Stop Counterfeiting and Piracy (BASCAP) group introduced a Know Your Customer (KYC) best practices agreement at this week's TOC Container Supply Chain event in Singapore, urging maritime operators to verify the legitimacy of their customers and take steps to identify high-risk shipments.