NEVE ILAN, Israel, June 28, 2022 /PRNewswire/ — SIXAI, founded by Israeli entrepreneur Ran Poliakine, invested 4 million US$ in Captain’s Eye, which developed an advanced safety, security and management system that identifies and alerts real-time events on ships.
Headquartered in Haifa, Israel, Captain’s Eye was founded in 2020 by Col. (Res.) Uri Ben-Dor and Col. (Res.) Doron Oizerovich. The company developed a holistic AI-based system that detects unusual events on ships in real time, thus preventing property, physical and financial damage that might occur at sea. The system is able to identify and alert operative, safety and security issues in all types of vessels, such as smoke and leakages, security breaches, unsafe crew behavior or anomalies.
The system is based on an infrastructure of cameras covering the critical areas in the vessel and monitors it automatically 24/7 in order to detect anomalies in accordance with predefined parameters. The company has a strategic partnership with XT Shipping, signed agreements with several global shipping companies, and a pilot at the Ashdod Port in Israel.
This strategic investment follows SIXAI’s signing a partnership agreement with the Israeli Aerospace Industries in October 2021 to convert military technologies from certain segments to commercial deployments to address civil market needs and introduce game-changing solutions that could potentially solve pressing global challenges.
SIXAI concurrently continues to develop its operations in Japan in partnership with the Japanese automotive giant, Musashi Seimitsu (TYO:7220). Together the companies operate MusashiAI, which developed the first AI-based robot for gear quality inspection for the automotive industry and 634AI, which developed the ‘Maestro’ – a platform controlling all traffic on the entire production floor, helping organizations improve their efficiency at a low operational cost without uncompromising safety standards.
Uri Ben-Dor, Captain’s Eye’s CEO commented: “Our partnership with SIXAI is the right thing at the right time for Captain’s Eye. We welcome SIXAI’s decision to join the company as a strategic investor. The investment will enable us to expand our activity to additional markets and offer our unique technology to additional segments in the maritime world. Our pilot with Ashdod Port proves that our system is extremely relevant to various customers in their effort to prevent accidents and severe environmental pollution.”
Ran Poliakine, SIXAI’s Founder, commented: “We are pleased to announce today the completion of our strategic investment in Captain’s Eye. The company’s platform and expert team are a significant addition to SIXAI’s AI-based service and product offering, and opens new and relevant markets to SIXAI, enabling us to provide our global partners with solutions to their burning needs.”
Up to 14 people have died and more than 250 injured yesterday after a container exploded as it was being loaded at the general cargo terminal in the port of Aqaba, in Jordan.
The ship thought to be the 9,400dwt Forest 6 general cargo vessel, was loading a container of 25-30 tonnes of chlorine using a quay crane at around 4.18pm local time when wires snapped, the container dropped onto the deck and exploded, spreading toxic gas around the port and vicinity.
Local beaches were closed and civil defence forces and medical teams arrived at the scene of the accident wearing gas masks.
Reuters reported that Jordan’s prime minister, Bisher al-Khasawneh, arrived at Aqaba and visited some of the injured in hospital.
Mr Al-Khasawneh “also formed an investigation team chaired by the interior minister,” said the news agency.
Chlorine is a yellow-green gas used as a disinfectant and in industrial processes and can react with water. It is highly toxic and was used during World War One as a weapon.
Norway-based open hatch and conventional bulk carrier operator G2 Ocean has signed with StormGeo for weather routing and voyage performance services, using the BonVoyage System (BVS) and s-Insight platform for route optimisation.
G2 Ocean covers 37 trade lanes and operates more than 120 vessels, transporting wood pulp and other forest products, aluminium, steel, granite, and industrial minerals.
“Through the s-Insight platform, we gain good insight into current and historical voyage routing and performance, which help us make better decisions,” said Trond Aga Haug, Fleet Performance Manager at G2 Ocean.
“We have installed the BonVoyage System (BVS) onboard our vessels. This tool gives our crew high-quality and accurate weather maps at their fingertips – assisting the master and officers in making good routing decisions and safeguarding the vessel, crew, and cargo.”
s-Insight is a cloud-based self-service web portal providing onboard and onshore validation of ship-to-shore data streams, offering G2 Ocean an overview of its entire fleet with information on vessel location, weather conditions, speed, and fuel consumption.
BVS offers route optimisation, voyage planning, and weather forecasting support to optimise routes, monitor weather conditions, and plan for optimal navigation.
“StormGeo is very excited to have G2 Ocean onboard and provide actionable decision support with our advanced tools and route analysis experts,” said Rolf Reksten, VP of Route Advisory Services at StormGeo.
“We have deep experience in routing bulk carriers and offer a future-proof solution that not only provides weather routing and fleet performance services but also lays the foundation for an environmentally compliant operation. We look forward to being G2 Ocean’s partner in the digital future of shipping.”
Lloyd’s Register has given Approval in Principle to ACUA Ocean, a UK-based developer of marine autonomous surface ships, for its hydrogen system, control engineering system, and electrical power distribution systems on the world’s first zero-emission hydrogen-powered MASS.
In March 2022, Factory Acceptance Testing was conducted on the prototype systems as part of the Clean Maritime Demonstration Competition, which was financed by the Department for Transport and delivered in cooperation with Innovate UK.
ACUA has been working under a Connected Places Catapult Transport Research Innovation Grant (TRIG) to automate the onboard hydrogen systems, giving both improved safety and decision-making processes.
John Kecsmar, a prominent naval architect and SWATH designer for Ad Hoc Marine Designs Ltd., has designed ACUA Ocean’s new H-USV. The vessel is propelled by 6,000 liters of liquid hydrogen, resulting in greater power, dependability, and endurance, and fulfilling the UK Maritime Strategy’s aim to zero-emission propulsion by 2025.
The vessel has a high level of redundancy at sea and was built to operate in open ocean conditions in collaboration with Lloyd’s Register and industry regulators. The ACUA Ocean vessel provides a robust platform for the deployment of sensors and payloads for a variety of ocean monitoring and protection applications.
Commenting on the announcement, ACUA CEO Neil Tinmouth said, “Working with Lloyd’s Register and Ad Hoc Marine Designs has enabled us to ensure the vessel aligns with regulatory standards and operational requirements. As the adoption of net-zero propulsion systems accelerates so we see a clear strategic advantage as the first to market.”
The Global Autonomous Ships Market is showing positive signs of growth. With the current COVID-19 pandemic scenario, new business opportunities are sprouting in the market. Organizations must explore new markets to expand their business globally and locally. For getting a deeper understanding of the emerging trends, the Global Autonomous Ships Market report showcases various factors that drive the economy worldwide. Moreover, the companies will get to know the market landscape for the next decade 2020-2025.
The recent report on Autonomous Ships market predicts the behaviour of this business space for the forecast timeframe of 20XX-20XX. It proffers the production and consumption attributes with respect to the growth drivers as well as opportunities that will ensure profitability in coming years. Further, the study highlights the current challenges faced by the industry along with counterapproaches for the same.
Moreover, the research literature includes insights regarding the regional markets and boasts of Porter’s five forces analysis to extrapolate information on top competitors operating across the various geographies. In addition, it contains case studies on the worldwide impact of COVID-19 pandemic and suggest business strategies that can help companies ensure strong gains in the forthcoming years.
Main highlights from the Autonomous Ships market report TOC:
Based on regional outlook, the Autonomous Ships market is divided into Americas, APAC, Europe, Middle East & Africa.
Thorough analysis of revenue generated, production capacity and growth rate for each geography is contained in the report.
The product terrain of the Autonomous Ships market in categorized into Maritime Autonomous Ships and Small Autonomous Ships.
Application spectrum of Autonomous Ships market is fragmented into
Predictions for the sales figures, pricing, revenue and growth rate of each application and product segment during forecast period are enumerated.
Considering the production aspect, the report delivers insights pertaining the manufacturing framework of the product offerings.
Based on consumption facet, the document leverages latest industry-validated data to determine the figures for consumption value and volume.
Major companies that define competitive landscape of the Autonomous Ships market includes Kongsberg Rolls-Royce ASV DARPA NYK Line Mitsui O.S.K. Lines HNA Group.
Basic information of each participant alongside their respective product inventory with detailed specifications and top applications are given.
Financial aspects like pricing model, manufacturing costs, and gross margins of each company are also mentioned.
Additional insights from the Autonomous Ships market report:
Comprehensive analysis of the upstream raw materials & equipment suppliers, downstream buyers, and distribution channels to provide a holistic view of the industry supply chain are provided in the study.
Investment feasibility study with respect to several important attributes like project name, budget, product solutions, and project schedules is highlighted in the research document.
This Autonomous Ships Market Research/Analysis Report Contains Answers to your following Questions
Which Manufacturing Technology is used for Autonomous Ships ? What Developments Are Going on in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Autonomous Ships Market? What are Their Company Profile, Their Product Information, and Contact Information?
What Was Global Market Status of Autonomous Ships Market? What Was Capacity, Production Value, Cost and PROFIT of Autonomous Ships Market?
What Is Current Market Status of Autonomous Ships Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Autonomous Ships Market by Taking Applications and Types in Consideration?
What Are Projections of Global Autonomous Ships Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
What Is Autonomous Ships Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is Economic Impact on Autonomous Ships Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Autonomous Ships Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and
The U.S. will be buying a total of 23 combat / patrol boats from Louisiana-based builder Metal Shark for delivery to Ukraine, where they will be used to defend coastlines and waterways.
Six of these Metal Shark units were announced by the White House last week as part of a $450 million assistance package. The package includes 12 other patrol boats from existing U.S. inventory, including two 35′ Small Unit Riverine Craft (SURC) and ten 34′ Sea Ark patrol boats. The Sea Ark model is being phased out in favor of a Metal Shark 40′ model in U.S. Navy service, according to Sea Power.
All of the boat transfers are intended for riverine patrol and combat duty, a senior U.S. official told USNI News.
Metal Shark also has an additional 17 more aluminum-hulled vessels for Ukraine under construction, all in the range of 36-38 feet. They are all popular designs for military/patrol applications and have a history of service for other clients. The 36′ Fearless is a center-console interceptor designed for speed, and the 38′ Dauntless is a patrol boat designed as a versatile working platform for multiple missions.
All of these hulls were already in the works for long-term U.S. assistance to Ukraine, and a portion of the package was previously announced in January. However, the delivery timeline has been accelerated.
“Metal Shark has been working closely with the US Embassy in Kiev since 2019 to develop the strategy now being implemented to support Ukraine’s maritime capabilities, so it is fulfilling to see that the vessels will arrive when they are most needed,” said Henry Irizarry, Metal Shark’s Vice President of International Business Development. “Metal Shark provides next-generation, proven platforms to partner nations, but most importantly, we create long term partnerships with end users to train boat crews and provide seamless technical support.”
On June 7, the dinner cruise vessel Spirit of Norfolk experienced a mass conflagration fire onboard during a daytime underway cruise on the Elizabeth River. The vessel was a complete loss and burned for several days before all the hot spots could finally be extinguished. I observed the vessel after the fire and to say it was totally destroyed, almost “vaporized” in its interior, would not be an exaggeration.
Onboard were nearly 100 passengers and crew. Many of them were grade-school children on a school outing with parent chaperones. The “Miracle on the Elizabeth River” was that not one passenger or crew was injured, and all were rapidly evacuated to another passenger vessel nearby. Akin to the U.S. Airways flight 1549 “Miracle on the Hudson” with Captain “Sully” Sullenberger, I’d say.
This incident could very easily have turned into a mass tragedy. From the first sight of smoke until flames took mere moments. The Spirit’s master, Captain Ryan Nadeau, responded instantly and correctly. The Spirit’s crew performed professionally. I have heard the USCG recordings of the VHF Channel 16 distress calls and Captain Nadeau sounded confident, deliberate, and professional. Captain Nadeau requested assistance from vessels on the river near the Spirit. Tugs from the close by Norfolk Naval Base raced to assistance with firefighting water. Captain Nadeau quickly positioned the vessel to minimize the deadly effects of smoke and flames. Spirit’s crew handed out life jackets quickly and kept the 100-plus passengers, again mostly children, calm. Precious time was saved to evacuate everyone from the Spirit without any injuries at all. When you have a raging fire onboard time is your enemy and time is precious. Time saves or costs lives. In the tragic fire onboard Spirit, perfect and professional actions saved time and many lives.
But there is also more to the “Miracle on the Elizabeth River” that day. Other passenger tour vessels were underway off the Norfolk Naval Base where Spirit’s fire broke out. There wasn’t a moment of hesitation by the passenger vessels on the Elizabeth River that day. The master of Victory Rover, Captain Brandon Peter, saw the Spirit in distress and heard the mayday call. He raced the Victory Rover up alongside the Spirit and perfectly coordinated with Captain Nadeau. I have seen the video of the two vessels together evacuating the Spirit’s passengers. I saw smoke and flames. Children were being placed in life jackets and lifted over the Spirit’s handrails and across and down to Victory Rover’s top deck. Spirit’s crew and those parents who were passengers looked like they had drilled for this many times. All passengers and crew were evacuated before Captain Nadeau himself left his vessel. Just like Captain “Sully” on the Hudson. A potential, almost to be expected, deadly tragedy was miraculously averted.
Everything went right that day. The positive ending is a testament to the professionalism of the passenger vessel industry and both long- and well-established cruise vessel companies. Spirit was operated by City Experiences by Hornblower, and Victory Rover is operated by American Rover Cruises of Norfolk, VA.
I always preach that training makes the last minute of a crisis count. Fire onboard is an immediate crisis. It is a “come as you are” emergency. Minutes separate life and death. Of note in the Spirit’s fire is that the passenger vessel industry is serious, professionally trained, run, and crewed. There are routinely thousands of passengers and tourists on these vessels every day and night. If there had been widespread injuries or tragically any deaths on Spirit that day, the passenger vessel industry’s reputation could have been damaged, perhaps beyond recognition, as the fire destroyed the Spirit.
Unlike the tragedy aboard the Costa Concordia – where Captain Schettino abandoned ship immediately, leaving passengers and crew behind – the Spirit’s captain and crew didn’t abandon ship before the passengers. Everyone involved that day upheld and were imbued with the honor and tradition of professional mariners. I salute them and the passenger vessel industry!
Captain Peter Squicciarini is a professional mariner and a retired U.S. Navy Captain.
Norwegian Cruise Line is curtailing one of its cruises after its cruise ship Norwegian Sun had a rare encounter hitting a smaller piece of ice over the weekend while traveling in Alaska. The 78,000 gross ton cruise ship suffered unspecified damages that have forced the ship to skip ports on its current cruise and cancel the next cruise to undergo repairs.
With visions of the ill-fated Titanic being invoked, passengers are reporting Saturday morning they awoke to feel a shudder in the ship. The Norwegian Sun was cruising north of Skagway in the Gulf of Alaska toward a scenic visit to Hubbard Glacier and was encountering fog, which is typical of the region. A spokesperson for Norwegian Cruise Line reports that the cruise ship “made contact with a growler,” typically a smaller chunk of ice defined to be no more than about six feet in length. They typically have broken away from a larger formation and are low to the surface of the ocean making them especially difficult to see from the bridge. The majority of their mass is below the water and often the water can be washing over the top of the chunk of ice.
It is unclear what speed the cruise ship was traveling, but a video posted to social media by passengers shows a large black formation of ice floating in the water larger than the typical growler. The contact was along the forward starboard side of the vessel and the ice can be seen floating past the cruise ship.
Passengers reported that the cruise ship was moving slowly after the encounter with the ice. Later the Norwegian Sun changed course, canceling the planned call at Hubbard Glacier and a port visit scheduled for Skagway, Alaska on Sunday. The cruise ship traveled south arriving in Juneau, Alaska later on Sunday, where an inspection was carried out to determine the extent of the damage.
“The ship was given clearance by the United States Coast Guard and other local maritime authorities to return to Seattle at reduced speed,” said the spokesperson. Passengers reported they departed Juneau late Monday and the current AIS signal shows the ship traveling at approximately 16 knots saying its destination is Victoria, Canada. This, however, could be a technical call to meet the requirement to visit a foreign port as Norwegian is reporting that all guests currently onboard will disembark in Seattle as originally planned.
The Norwegian Sun had departed from Seattle on June 21 on a nine-night cruise. They had visited Sitka, Alaska and Icy Strait Point, before heading toward Hubbard Glacier. Port calls at Skagway and Ketchikan in Alaska were canceled when the cruise was curtailed and the vessel began its return voyage. The next cruise of the Norwegian Sun scheduled to depart on June 30 from Seattle has also been canceled so that the necessary repairs can be made to the ship.
Encounters with smaller pieces of ice are common in Alaska when the cruise ships are sailing at slow speeds mostly near the glaciers. The ice occasionally bumps against the hull typically not causing any damage. The location of this encounter, the size of the growler, and the speed of the ship however appeared to have conspired to a unique set of circumstances, and the first reported incidence where a modern cruise ship was damaged and forced to cancel cruises due to hitting an iceberg.
Source: https://www.maritime-executive.com/article/video-norwegian-sun-curtails-cruise-after-hitting-ice-in-alaska
Just 10 days before his inauguration as the Philippines’ 17th president, Ferdinand “Bongbong” Marcos Jr. announced that he would also take on the job of agriculture secretary, which includes managing the country’s fisheries.
“I thought that it is important that the president take that portfolio to not only make it clear to everyone what a high priority we put on the agricultural sector, but also as a practical matter—so that things move quickly because the events of the global economy are moving very quickly,” Marcos told journalists on June 20 without specifying programs or actions.
Analysts said the move was risky, because the president-elect, as agriculture minister, may quickly diminish his 31.6-million-vote mandate, the largest in Philippine history, because of the sector’s problems.
But positive developments may also help boost his political capital and convince the 14 million Filipinos who voted for his closest election rival, Vice President Leni Robredo, to take another look at his leadership abilities.
“We have to be able to be agile. We have to be able to respond properly in a measured way as soon as there’s a situation that needs to be addressed,” he added.
The fisheries sector and the maritime dispute with China will almost certainly be one of the first issues that will confront him when he starts his term on June 30. Although he has declared that he will assert the Permanent Court of Arbitration (UNCLOS)’s ruling in favor of the Philippines, he has also shown that he knows the game of international brinksmanship.
“We have a very important ruling in our favor and we will use it to continue to assert our territorial rights. It is not a claim. It is already our territorial right,” the president-elect said in his first foreign policy pronouncement last month.
Marcos Jr. during the Award for Promoting Philippines-China Understanding ceremony on June 10, 2022.
China is Philippine’s ‘strongest partner’, says Marcos
But earlier this month, at an event of the Association for Philippines-China Understanding (APCU) and the Chinese Embassy, he described China as the country’s “strongest partner” and called for continued cooperation.
“That cooperation is what I believe will bring us forward to a bright future. We can only do it with our partners. And our strongest partner has always been, in that regard, our close neighbor and our good friend, the People’s Republic of China (PRC),” Marcos said.
The event was meant to honor 10 Filipino “laureates” for their contributions to “strengthening friendly ties and promoting mutual understanding between the Philippines and China.”
The APCU and Chinese Embassy included the president-elect’s mother Imelda Marcos among the honorees.
In 1975, then-President Ferdinand Marcos, the president-elect’s father, sent Imelda to China to establish formal diplomatic relations with the PRC which was just recovering from decades of economic difficulties and was just starting to refine oil.
The mission was a success and Imelda returned home with a Chinese commitment to provide refined oil at the height of the global oil crisis.
“Thank you for putting my mother in the Hall of Fame,” the president-elect said at the APCU reception. “I think it is just right because China cannot find a greater champion than my mother in the Philippines.”
Imelda will turn 93 years old next month and while Bongbong’s sister is a senator and his cousin, Martin Romualdez, is expected to take the lead of the House of Representatives, foreign policy remains the duty of the president.
Philippine-Singapore ties to grow stronger under Marcos administration
Aside from taking congratulatory calls from foreign leaders, the president-elect has also been busy receiving diplomats from various countries.
Earlier this month, he met Singapore Ambassador Gerard Ho Wei Hong with whom he had an interesting conversation about Marcos Sr. and Singapore’s founding father Lee Kuan Yew.
“Singapore and the Philippines are friends and close partners. The countries are both founding members of the ASEAN (or Association of Southeast Asian Nations) and successive generations of Singaporean and Philippine leaders have worked together for the peace and prosperity of the region,” Ho stressed.
The envoy said Singapore is among the Philippines’ largest trading partners and foreign investors.
“I think with the resumption of cross-border travel as well as the passage of a lot of significant economic reforms in the Philippines under the current administration, we are hopeful that we will continue to grow this bilateral economic relationship with the Philippines and it will continue to flourish,” Ho said.
“We see a lot of growth potential in the Philippines and we hope to see more and more Singapore companies coming into the Philippine market,” the envoy added.
Marcos himself stressed the importance of ASEAN not only in terms of the regional economy, which is among the largest in the world but also in territorial issues.
Marcos to continue ‘independent foreign policy’
Like most other Filipino presidents before him, Marcos said he would pursue an independent foreign policy which he characterized as being a “friend to all, enemy to none.”
“This is what we feel is best in the national interest and I feel it is to be advantageous not only to our friends in China but to all our friends around the world,” he added.
“I think ASEAN will still be a very critical part of that discussion, but nonetheless we also have to continue to pursue bilateral contact and communication with China,” he said.
“In fact, this is what I mentioned when I spoke to President Xi when he called me to congratulate me on winning the election. I said we have to continue to talk about this, this cannot be allowed to fester and to become more severe in terms of a problem between our two countries,” he added.
“I do not subscribe to the old thinking of the Cold War when we had these spheres of influence, where you’re under the Soviet Union or you’re under the United States.”
At the same time, he said the United States, a long-time ally of the Philippines, is going to play a key role in the region.
The Global Shippers Forum has entered the debate on the level of competition versus concentration in the global shipping markets arguing on behalf of cargo importers and exporters that the markets are more concentrated than regulators’ current assessments. Working with the transport economists from MDS Transmodal (MDST) they argue for a new way of analyzing the markets to consider the shared services under the inter-alliance agreements that go beyond the three major alliances that have been the focus of regulators.
“Current measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate and fail to take full account of the degree of cooperation between carriers which results in a more highly concentrated industry, to the serious detriment of shippers worldwide,” writes the groups in their analysis of the operations of the cargo carriers.
The level of competition in the markets has been the subject of close scrutiny by regulators in many parts of the world. South Korea’s Fair Trade Commission has for example charged multiple carriers with collusion and price-fixing arguing that in addition to the alliances, carriers were intimidating other carriers to follow their agreements. President Joe Biden lashed out this year at the three alliances citing the rapid growth in their market share noting that from 1996 to 2011 the alliances operated about 30 percent of global container shipping compared to today where they control 80 percent of global containership capacity and 95 percent of the east-west trade lines. He directed the Federal Maritime Commission and Department of Justice to work together to enforce the U.S.’s antitrust rules while internationally antitrust regulators also agreed to share information looking for domination of the markets.
The Federal Maritime Commission, however, in its fact finding concluded that the markets remained below the threshold for concentration, a point supported by the World Shipping Council which represents the carriers. WSC highlights that there are nine major lines transporting containers while saying there are an additional thirteen ocean liner companies that in 2022 operated over 30 percent of the sailings from Asia to the U.S.
“Competition authorities until now have relied on traditional but incomplete tools to assess the level of concentration across trades,” contends the analysis from the Global Shippers Forum (GSF) and MDST. They write that the current analysis does not take into consideration the full extent of cooperation between shipping lines through the inter-alliance agreements permitted under block exemption and other anti-trust immunity provisions. When the analysis is modified to factor in these shared services, they argue the measurements exceed the accepted threshold at which an industry is considered highly concentrated.
“This breakthrough analysis lays bare the degree of dominance that many shipping lines actually have in the key global trades,” comments GSF’s Director James Hookham. “Current measures of market concentration are only seeing part of the picture. Competition authorities should urgently revise their measures of competition to reflect the reality of the container shipping market.”
It is GSF’s contention that a lack of, or reduction in the levels of competition, leads directly to poor service quality for shippers. They point to examples such as the decline in the number of port calls completed versus scheduled. They contend it has fallen to 68 percent, which is the lowest level recorded since their analysis began in 2020. Shippers they say are suffering from further export delays as a consequence of lost capacity. MDST adds that its analysis shows the number of skipped port calls continues to grow while schedule reliability has stabilized at the lowest levels in the industry according to a separate analysis from Sea-Intelligence.
GSF is urging the FMC and all other competition authorities to utilize a modified measure based on alternative indicators that better reflects the degree of cooperation by lines by including agreements under which lines in different alliances operate shared services to understand shippers’ true experience in the markets.
Source: https://www.maritime-executive.com/article/shippers-argue-inter-alliance-shared-services-concentrate-markets
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