Business Consulting – Softship AG I.T. Solutions for Shipping Business: Profitability vs. Expansion: Shipping Software is Key for Survival in Container Shipping Maritime shipping companies forecast rough sailing ahead due to a slump in global demand for container shipping and continuously increasing fuel prices. Add to that the growing supply of new ships driving competition for cargo and freight rates to a critical level. With this, shipping companies are steering farther toward cost-cutting and maximizing profit, setting aside other considerations such as expansion in the meantime. As has been pointed out by experts repeatedly, implementing functional shipping solutions software plays a critical role in achieving this goal. Last year, A.P. Whether it is good or bad news for the world’s leading container carrier, these results reflect the dire reality that shipping companies are struggling to stay in profit as a result of increasing costs of operation. Maritime software solutions are proven to streamline container shipping operations and enable operators to minimize common errors that can potentially incur significant damage and costs.
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I.T. Solutions for Shipping Business: How Liner Agency Software Helps in Reducing Greenhouse Gas Emission About 5% of the world’s greenhouse gas (GHG) emissions come from merchant vessels. As the volume of maritime trade continues to grow rapidly each year, this figure is expected to rise in the following years. It is not surprising therefore that the shipping industry is under a lot of pressure from governments and environmental groups to take steps to reduce carbon dioxide emission from their ports and vessels. Efficiency in shipping can be achieved in many ways. So, what is the role of shipping company software in carbon dioxide emission reduction? As it appears, the above-mentioned measures are mainly technical and operational in nature – not directly related to shipping software. For example, in managing vessel speed, vessel operators must take into account several factors including load, voyage distance, arrival schedule, and external factors such as weather and sea conditions.
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I.T. Solutions for Shipping Business: Which Shipping Software Solution Is Right for You? It is well-documented: shipping software significantly improves the process of moving goods between ports and terminals. It automates admin-heavy tasks such as invoicing, demurrage, and detention billing, and speeds up work by eliminating the need for multi-entry of the same information on export forms. In container shipping, software applications like container management software increases profit by maximizing the use of container space. Other software modules can be purchased off-the-shelf and integrated into existing IT platforms to automate certain areas of the logistics process, increase productivity, and reduce expenses. But, how do you know which software solution is right for you? With so many shipping software companies offering a variety of solutions, either in the form of a product or service, finding the one that best fits your unique business requirements should not be a problem. There is no such thing as a “one-size-fits-all” solution.
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I.T. Solutions for Shipping Business: The Challenge (and Benefits) of Choosing the Best Shipping Line Software In the past decade, new solutions for shipping companies have been introduced, ushering a new era highlighted by higher profitability and better quality of core operations. Shipping software companies have been churning newer technologies that could achieve such ends as lesser costs in container transport operations. This comes as present market conditions are prompting operators in the liner shipping sector to consider integrated management systems, whether developed in-house or bought from a solutions provider. Today, it is easier to find a solutions provider that can supply shipping management software in the face of increasing software demands. Options for shipping line software are available out in the open, and it is imperative for operators to take crucial steps in automating complex shipping functions. But considering the volume of shipping software in the market, operators face the recurring difficulty of choosing the best shipping solutions. Bunker calculation.
Anna Lu I.T. Solutions for Shipping Business: Integrated Shipping Software: Tips for Reducing Fuel Consumption Fuel consumption accounts for between 50 t0 60 percent of the cost of running a container vessel. By simple computation, a mere 1 percent drop in fuel consumption could result in an annual savings of up to $300,000 for a large container ship. Do the math for over 70,000 vessels that make up the current global maritime supply chain industry and you will see why vessel operators are placing fuel efficiency alongside automation and shipping software integration on top of their cost-cutting agenda. There are two ways vessel operators reduce fuel consumption. In implementing these measures, fuel consumption in all aspects of the shipping process must be considered. Vessel operators can then use these data to control vessel speed and implement other necessary measures to regulate fuel consumption while taking into account safe operating limits.
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I.T. Solutions for Shipping Business: Logistics Tracking Software as A Means To A Profitable End Managing the operations of a container shipping company (small or large) entails a lot of responsibilities. As an operator, not only should you make sure that goods arrive on schedule but you may also need to oversee other facets of the operation. Liner shipping management is a tough job, especially when you need to consider such aspects as vessel and repair management. Software systems are now available in the IT market, giving industry players a whole range of options that will benefit their businesses and clients by keeping track of cargo from departure to docking. Carriers have tapped a whole range of software packages that can efficiently facilitate and streamline important processes ranging from real-time vessel tracking to bunker management. On the other hand, shipping agents also have to contend with a set of issues as well, the least of which is keeping tabs on the storage of their principals’ stocks through a system that enables real-time reporting done through automation.