News – FSF Logistics

Competing on Technology Not the Way Forward

Competing on technological solutions so as to meet the shippers’ needs for technological innovation is not always the best way for carriers to reach their goals. Instead, shipping lines should find the way of working together on standardized solutions if they want to become more relevant and effective in providing shippers with innovative solutions, Chief…

Container Shipping May Face Bankruptcies if It Fails to Recover Extra Fuel Costs

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CargoSmart details landmark trade finance step

Hong Kong may well have given shipping a glimpse of the future of payments with news from OOCL’s tech company CargoSmart, which revealed today it has completed a proof-of-concept with eTradeConnect, a multi-bank local blockchain consortium facilitated by the Hong Kong Monetary Authority (HKMA). The landmark engagement explored ways to improve global trade through enhanced…

Conservative mindset seen as a barrier to innovation

Shipping’s conservative mindset – especially among its largest players – is a barrier to innovation, the lead story on the October issue of Splash Extra reports. Norwegian startup investor Katapult Ocean has just issued a 54-page report based on a wide survey with maritime startups. More than half of the companies surveyed say that a conservative mindset…