SOFTSHIP DATA PROCESSING PTE LTD
SOFTSHIP DATA PROCESSING PTE LTD News
The Future of Ship Agency Sits in the Cloud
With the Coronavirus pandemic hitting many segments of the global shipping industry particularly hard, it is understandable that businesses of all sizes are reviewing their budgets for 2020 and beyond and looking for ways to reduce costs while maintaining their operations. Supply chains are being disrupted, inspections postponed or conducted remotely, crew transfers complicated, and paperwork ditched as social distancing measures are in place.
Containershipping: Restoring Balance
The repositioning of empty containers costs the liner industry an estimated $15-20billion every year according to Boston Consulting Group (BCG), as containers sit idle at a depot or are repositioned to a different loading point while empty. This is time spent not earning revenue, whil incurring additional costs, and is estimated by BCG to account for 5-8% of total operating costs for an average container liner.