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OPPORTUNITY (Issue 09)

In this edition of OPPORTUNITY, our cover story looks at the challenges facing the maritime industry, its impact on the supply chain and the expected long recovery caused by the COVID-19 pandemic.

Lifting the veil on the virtual world that is defining the ports of the future, we invited the ‘imagineers’ who are combining innovation with operational excellence to build smarter terminals to share their views and experience with us.

Project forwarding handles everything that can’t fit into a box, we speak to the experts that move the world’s largest and heaviest shipments.

Reverse logistics has been overlooked for many years is being embraced by big retail brands and is helping to improve sustainability and reduce waste. We ask if there is any going back on this booming industry sector?

There is also an update on Hutchison Ports new terminal in Stockholm, the GSBN blockchain initiative and a recap of GoGreen activities.

Last but not least, we wish everyone to stay healthy under the pandemic.

GMD UPFRONT MESSAGE

When I last communicated with you in our group magazine, we would not have imagined what was to unfold and the impact the of COVID-19 to world’s economies including the maritime industry, not to mention the lives of millions of people. We are living through unprecedented times; during the last few months we have sadly witnessed how the pandemic is affecting our families, our communities and our very way of life.

THE LONG ROAD TO RECOVERY

On 16 January 2020, China agreed to purchase an additional US$200 billion worth of United States (US) products over the next two years as part of the Phase One Trade Deal. Just about two weeks before the Phase One Trade Deal being signed, the new coronavirus disease, also known as the COVID-19, was first reported from China’s city of Wuhan (Province of Hubei) on 31 December 2019.

VIRTUAL WORLD THAT OPTIMISES SPACE AND TIME

During the last 50 years, simulation technology has found its way from technical applications into the logistics sector. Driven by increased demand for high productivity, due in part to the introduction of larger container vessels, specific computer systems for simulation were developed for container terminals.

NO JOB IS TOO BIG

When you want to transport a power turbine or 100 ton gas pipe sections thousands of miles across international borders – who do you call? The answer is a project forwarder – a relatively small group of professionals who plan and execute multi-million-dollar projects from bridge building, transporting train locomotives to moving factories piece-by-piece.

REVERSE LOGISTICS A KEY TO MORE SUSTAINABLE SUPPLY CHAIN

Traditional supply chains have been developed in a one-way pattern of production and consumption, which despite being an engine for economic growth, is also an unsustainable model as it depletes resources, according to a study about the ‘Reverse Logistics Maturity Model’ produced by DHL, Cranfield University and the Ellen MacArthur Foundation.

NEW ERA DAWNS AS STOCKHOLM TERMINAL IS UNVEILED

Operations will commence at the brand-new container terminal Hutchison Ports Stockholm very soon. Preparations for the opening of Hutchison Ports Stockholm are currently in full swing in Norvik, some 60 kilometres south of Stockholm, the terminal’s infrastructure and facilities are quickly being finalised. The quay wall, container stack, office building and on-site rail track are practically ready for use.

GSBN BLOCKCHAIN GROUP TAKES MAJOR STEP FORWARD

CargoSmart Limited, a leading logistics technology solutions provider, announced that nine industry-leading ocean carriers and terminal operators, namely CMA CGM, COSCO SHIPPING LINES, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group, have signed a shareholders’ agreement in the proposed Global Shipping Business Network.

HUTCHISON PORTS HELPS FIGHT GLOBAL DEFORESTATION

Hutchison Ports has undertaken a treeplanting initiative to help reduce the rate of global deforestation inside or near its ports and facilities towards the end of last year’s GoGreen initiative.

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