The Role of Technology in Enhancing Efficiency and Streamlining Operations of Ports Maritime is undoubtedly one of the cornerstones of international transport networks. The WTO estimates that shipping transports about 85 percent of global trade by tonnage. Due to growth in international trade, the sizes of vessels and volumes of loads have increased, putting an extra burden on ship docks and yards. Therefore, ports are constantly looking for smart technologies that will be instrumental in optimizing operations, promoting efficiency, and … [Read more...] about The Role of Technology in Enhancing Efficiency and Streamlining Operations of Ports
Davenport Laroche
Why Illinois Farmers Might Owe Their Livlihood to the Shipping Container
Why Illinois Farmers Might Owe Their Livlihood to the Shipping Container Many of you are likely familiar with the age old saying "it's not worth a hill of beans", but for many farmers in Illinois a hill of beans (soy beans that is) are not only their livelihood, but also could be worth a pretty penny. Unfortunately, the issue that many of these soybean farmers are currently facing is finding an alternative method of meeting the diminished demand due to the ongoing trade war with China. Thinking inside of the box just may be the … [Read more...] about Why Illinois Farmers Might Owe Their Livlihood to the Shipping Container
A Look At Several Innovative Trends That Will Impact The Banking Industry Next Year
The global banking industry is adapting to an influx of technological advancements. Actions are being taken to digitize core business processes and realign organizational structures to help prepare for the future of the banking industry. There is a heavy emphasis being placed on developing new solutions, digital technology, new delivery platforms and advanced analytics. Many companies are integrating their payment systems, applying blockchain technology, and re-aligning their delivery channels. Heading into the new year, analysts predict … [Read more...] about A Look At Several Innovative Trends That Will Impact The Banking Industry Next Year
5 Key Ideas of Sustainable Investing
The sector of sustainable investing has come a long way. The field has exploded recently, with resources and options available to investors multiplying greatly. Although its philosophy has existed for hundreds of years, the strategy is now finally entering the mainstream. Over a hundred billion dollars is invested in this particular sector. It is growing in popularity with the younger generation. So-called ESG (environmental, social and governance) issues are a hot-button issues in many corporate boardrooms today. There have been a number of … [Read more...] about 5 Key Ideas of Sustainable Investing
Despite Martial Law Declaration, Shipping Reopens in the Contested Kerch Strait
The Ukrainian Parliament has declared martial law along the Kerch Strait section of the Crimean Peninsula, but Russia granted passage to shipping traffic from the Black Sea to the Sea of Azov. The conflict in Ukraine, which despite being an undeclared war involving Russian forces has unfolded for years, is currently at a very tense level, and it has impacted shipping traffic a couple of times in 2018. Russian Attacks On Sunday, three Ukrainian naval vessels came under attack by the Russian coast guard. An unknown number of Ukrainian … [Read more...] about Despite Martial Law Declaration, Shipping Reopens in the Contested Kerch Strait