Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

New Ideas for the Shipping Industry

24.08.2016

“Let’s meet in Hamburg!” The International Association of Maritime Economists (IAME) held its annual conference in Germany for the first time, hosting a rec-ord number of 276 guests from all over the world.

“The shipping crisis of the last seven years has made only too clear” explained Prof. Dr. Orestis Shinas from HSBA Hamburg School of Business Administration, “that the business models of the past are not enough to sustain the shipping industry into the future.”

Today, it is not just about transporting something from A to B. Successful business models must do more to answer the complex challenges being faced, particularly given the significant changes that have taken place in the market. Up until 2008, approximately 60% of all shipping products were financed by German banks. Today, China is number one, while German and European banks have largely withdrawn from shipping finance. “’Go it alone’ concepts no longer work” is Schinas’ conclusion.

“We can no longer have no purely German or purely Greek shipping companies. Shipping companies must become increasingly international, both in terms of cooperation as well as in terms of their staff.” Additionally, the digitalisation of processes has become a pressing need. Due to the expense of satellite transmission, many ships are not yet equipped with Wi-Fi, but yet ships today must be able to receive important documentation from harbour authorities and terminals before they arrive. The need to provide environmentally conscious transportation is also a major consideration.

Porfessor Michele Acciaro from the Kühne Logistics University (KLU) put it very clearly: “Companies in the maritime sector must innovate to survive.” That is not just a reference to the shipping companies themselves, but also to the terminal operators, harbour authorities and freight forwarding agencies that work with hinterland freight transport. One KLU study showed that the many sectors of the industry are not only willing to innovate, but have already started. “The only thing we are lacking” according to Acciaro, “is the development of a clear corporate strategy to which our innovations can be aligned.”

According to Schinas, “shipping is going through a sea-change”. The conference, organised in col-laboration with HSBA and KLU, was designed to present this change meaningfully for maritime industries. The almost 200 presentations discussed matters of harbour policies, hinterland logistics, cruise shipping, financing opportunities, modern management methods, environmentally friendly shipping traffic and new technologies on board.

To summarise his impressions of the conference, Commerce Minister Frank Korch said “The Hamburg harbour is in a process of constant change – we are ready to take on the newest developments in the shipping industry. The IAME annual conference provides us with important motivation to further develop shipping and the Hamburg harbour.

About the IAME International Association of Maritime Economists:
Founded in 1990, the International Association of Maritime Economists (IAME) has developed into the most prominent global platform for shipping industry experts. The most important event of the Association’s year is the annual conference, which brings shipping industry specialists from all over the world together to exchange information and the latest developments in maritime research. This year, the conference took place in Hamburg for the first time. The focus of the conference was “The maritime transport of the future: the role of innovation uptake, sustainability and availability of shipping finance”. The four day event took place at the Kühne Logistics University and HSBA Hamburg School of Business Administration campuses, and included lectures and workshops as well as an interesting side programme.

For further information: www.IAME2016.org

Karin Rose | idw - Informationsdienst Wissenschaft
Further information:
http://www.hsba.de

Further reports about: Business Administration KLU freight transport shipping industry

More articles from Event News:

nachricht Booth and panel discussion – The Lindau Nobel Laureate Meetings at the AAAS 2017 Annual Meeting
13.02.2017 | Kuratorium für die Tagungen der Nobelpreisträger in Lindau e.V.

nachricht Complex Loading versus Hidden Reserves
10.02.2017 | Fraunhofer-Institut für Betriebsfestigkeit und Systemzuverlässigkeit LBF

All articles from Event News >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Breakthrough with a chain of gold atoms

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

Im Focus: DNA repair: a new letter in the cell alphabet

Results reveal how discoveries may be hidden in scientific “blind spots”

Cells need to repair damaged DNA in our genes to prevent the development of cancer and other diseases. Our cells therefore activate and send “repair-proteins”...

Im Focus: Dresdner scientists print tomorrow’s world

The Fraunhofer IWS Dresden and Technische Universität Dresden inaugurated their jointly operated Center for Additive Manufacturing Dresden (AMCD) with a festive ceremony on February 7, 2017. Scientists from various disciplines perform research on materials, additive manufacturing processes and innovative technologies, which build up components in a layer by layer process. This technology opens up new horizons for component design and combinations of functions. For example during fabrication, electrical conductors and sensors are already able to be additively manufactured into components. They provide information about stress conditions of a product during operation.

The 3D-printing technology, or additive manufacturing as it is often called, has long made the step out of scientific research laboratories into industrial...

Im Focus: Mimicking nature's cellular architectures via 3-D printing

Research offers new level of control over the structure of 3-D printed materials

Nature does amazing things with limited design materials. Grass, for example, can support its own weight, resist strong wind loads, and recover after being...

Im Focus: Three Magnetic States for Each Hole

Nanometer-scale magnetic perforated grids could create new possibilities for computing. Together with international colleagues, scientists from the Helmholtz Zentrum Dresden-Rossendorf (HZDR) have shown how a cobalt grid can be reliably programmed at room temperature. In addition they discovered that for every hole ("antidot") three magnetic states can be configured. The results have been published in the journal "Scientific Reports".

Physicist Dr. Rantej Bali from the HZDR, together with scientists from Singapore and Australia, designed a special grid structure in a thin layer of cobalt in...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Booth and panel discussion – The Lindau Nobel Laureate Meetings at the AAAS 2017 Annual Meeting

13.02.2017 | Event News

Complex Loading versus Hidden Reserves

10.02.2017 | Event News

International Conference on Crystal Growth in Freiburg

09.02.2017 | Event News

 
Latest News

Microhotplates for a smart gas sensor

22.02.2017 | Power and Electrical Engineering

Scientists unlock ability to generate new sensory hair cells

22.02.2017 | Life Sciences

Prediction: More gas-giants will be found orbiting Sun-like stars

22.02.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>