OPPORTUNITY (Issue 11) | Hutchison Ports

As we approach 2021, we are excited to announce the project in Abu Qir, Egypt has been signed, further expanding the Group’s portfolio and to better facilitate its network in Africa and the Middle East.

In other news we look at how digitisation enhances the maritime industry to safeguard its supply chains.

The meteoric rise in ecommerce has put inventory management in the front line as we analyse the impact this phenomenon has had on the warehouse sector.

We also take a look at how the latest communications technology can deliver powerful tools for ports and shipping, enhance weather forecasting and route planning solutions as well as supporting the workforce during the pandemic to work safely and efficiently.

GMD UPFRONT MESSAGE

Indisputably, COVID-19 has brought about tremendous negative impact for people and economies worldwide. But it has also generated new opportunities and ways of doing things during the pandemic.

HUTCHISON PORTS TO BUILD NEW TERMINAL IN EGYPT

On 27th August 2020, Hutchison Ports signed a long-term agreement with the Egyptian Navy to develop and operate a new container terminal at Abu Qir, Egypt.

COVID-19 ACCELERATES DRIVE FOR DIGITISATION OF SHIPPING

During the COVID-19 pandemic, there has been much discussion about how digitisation has been critical to keep supply chains moving and enable the continued smooth operations of transportation networks, shipping and ports.

INVENTORY MANAGEMENT NEEDS A REBOOT

The inexorable rise of e-commerce triggered by a massive increase in on-line shopping during the last five years, has been boosted by the COVID-19 pandemic, as housebound consumers tend to buy daily necessities via their home computers.

AIRFREIGHT SECTOR WRESTLES WITH NEW NORMAL

As people stopped flying around the world because of the pandemic, passenger flights were cancelled and aircraft are now parked at airports or longer term in the deserts of the US and Australia. Fewer flights mean there is a squeeze on air cargo capacity, as most freight is carried in the belly space of passenger aircraft.

OLD AND NEW TECHNOLOGY COMBINE TO PROVIDE PLATFORM FOR SMART PORTS

While we take for granted that our mobile phone is installed with Global Positioning System (GPS) technology that can accurately pinpoint the device’s location to within a few metres, there is a long and storied history behind the concept.

WEATHERING THE STORM

For many years seafarers have battled the elements on the oceans of the world with uncertainty and life threatening weather conditions, now help is at hand as advanced technology is providing customised weather information directly to the bridge of thousands of ships to enhance the safety of lives at sea.

THE UPS AND DOWNS OF WORKING FROM HOME

As many people around the world adjust to the new reality of working from home it is useful to weigh up the pros and cons. Let’s not forget that many of our colleagues have to be on-site at work particularly in the port, logistics and transport sectors to ensure that vital operations continue. They have gone to work every day during COVID-19 and we should applaud their dedication.

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