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 Today, China is number one, while German and European banks have largely withdrawn from shipping finance.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 Closing the Sustainability Circle: Protection of Food with Biobased Materials
21.07.2017 | Cofresco Forum

nachricht »We are bringing Additive Manufacturing to SMEs«
19.07.2017 | Fraunhofer-Institut für Lasertechnik ILT

All articles from Event News >>>

The most recent press releases about innovation >>>

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

Im Focus: Manipulating Electron Spins Without Loss of Information

Physicists have developed a new technique that uses electrical voltages to control the electron spin on a chip. The newly-developed method provides protection from spin decay, meaning that the contained information can be maintained and transmitted over comparatively large distances, as has been demonstrated by a team from the University of Basel’s Department of Physics and the Swiss Nanoscience Institute. The results have been published in Physical Review X.

For several years, researchers have been trying to use the spin of an electron to store and transmit information. The spin of each electron is always coupled...

Im Focus: The proton precisely weighted

What is the mass of a proton? Scientists from Germany and Japan successfully did an important step towards the most exact knowledge of this fundamental constant. By means of precision measurements on a single proton, they could improve the precision by a factor of three and also correct the existing value.

To determine the mass of a single proton still more accurate – a group of physicists led by Klaus Blaum and Sven Sturm of the Max Planck Institute for Nuclear...

Im Focus: On the way to a biological alternative

A bacterial enzyme enables reactions that open up alternatives to key industrial chemical processes

The research team of Prof. Dr. Oliver Einsle at the University of Freiburg's Institute of Biochemistry has long been exploring the functioning of nitrogenase....

Im Focus: The 1 trillion tonne iceberg

Larsen C Ice Shelf rift finally breaks through

A one trillion tonne iceberg - one of the biggest ever recorded -- has calved away from the Larsen C Ice Shelf in Antarctica, after a rift in the ice,...

Im Focus: Laser-cooled ions contribute to better understanding of friction

Physics supports biology: Researchers from PTB have developed a model system to investigate friction phenomena with atomic precision

Friction: what you want from car brakes, otherwise rather a nuisance. In any case, it is useful to know as precisely as possible how friction phenomena arise –...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Closing the Sustainability Circle: Protection of Food with Biobased Materials

21.07.2017 | Event News

»We are bringing Additive Manufacturing to SMEs«

19.07.2017 | Event News

The technology with a feel for feelings

12.07.2017 | Event News

 
Latest News

NASA looks to solar eclipse to help understand Earth's energy system

21.07.2017 | Earth Sciences

Stanford researchers develop a new type of soft, growing robot

21.07.2017 | Power and Electrical Engineering

Vortex photons from electrons in circular motion

21.07.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>