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 Today, China is number one, while German and European banks have largely withdrawn from shipping finance.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 ICTM Conference 2017: Production technology for turbomachine manufacturing of the future
16.11.2016 | Fraunhofer-Institut für Produktionstechnologie IPT

nachricht Innovation Day Laser Technology – Laser Additive Manufacturing
01.11.2016 | Laser Zentrum Hannover e.V.

All articles from Event News >>>

The most recent press releases about innovation >>>

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

Im Focus: Electron highway inside crystal

Physicists of the University of Würzburg have made an astonishing discovery in a specific type of topological insulators. The effect is due to the structure of the materials used. The researchers have now published their work in the journal Science.

Topological insulators are currently the hot topic in physics according to the newspaper Neue Zürcher Zeitung. Only a few weeks ago, their importance was...

Im Focus: Significantly more productivity in USP lasers

In recent years, lasers with ultrashort pulses (USP) down to the femtosecond range have become established on an industrial scale. They could advance some applications with the much-lauded “cold ablation” – if that meant they would then achieve more throughput. A new generation of process engineering that will address this issue in particular will be discussed at the “4th UKP Workshop – Ultrafast Laser Technology” in April 2017.

Even back in the 1990s, scientists were comparing materials processing with nanosecond, picosecond and femtosesecond pulses. The result was surprising:...

Im Focus: Shape matters when light meets atom

Mapping the interaction of a single atom with a single photon may inform design of quantum devices

Have you ever wondered how you see the world? Vision is about photons of light, which are packets of energy, interacting with the atoms or molecules in what...

Im Focus: Novel silicon etching technique crafts 3-D gradient refractive index micro-optics

A multi-institutional research collaboration has created a novel approach for fabricating three-dimensional micro-optics through the shape-defined formation of porous silicon (PSi), with broad impacts in integrated optoelectronics, imaging, and photovoltaics.

Working with colleagues at Stanford and The Dow Chemical Company, researchers at the University of Illinois at Urbana-Champaign fabricated 3-D birefringent...

Im Focus: Quantum Particles Form Droplets

In experiments with magnetic atoms conducted at extremely low temperatures, scientists have demonstrated a unique phase of matter: The atoms form a new type of quantum liquid or quantum droplet state. These so called quantum droplets may preserve their form in absence of external confinement because of quantum effects. The joint team of experimental physicists from Innsbruck and theoretical physicists from Hannover report on their findings in the journal Physical Review X.

“Our Quantum droplets are in the gas phase but they still drop like a rock,” explains experimental physicist Francesca Ferlaino when talking about the...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ICTM Conference 2017: Production technology for turbomachine manufacturing of the future

16.11.2016 | Event News

Innovation Day Laser Technology – Laser Additive Manufacturing

01.11.2016 | Event News

#IC2S2: When Social Science meets Computer Science - GESIS will host the IC2S2 conference 2017

14.10.2016 | Event News

 
Latest News

Researchers identify potentially druggable mutant p53 proteins that promote cancer growth

09.12.2016 | Life Sciences

Scientists produce a new roadmap for guiding development & conservation in the Amazon

09.12.2016 | Ecology, The Environment and Conservation

Satellites, airport visibility readings shed light on troops' exposure to air pollution

09.12.2016 | Health and Medicine

VideoLinks
B2B-VideoLinks
More VideoLinks >>>