Comment / DCSA’s Thomas Bagge and the quest to digitise container shipping

first_img Former Maersk executive Thomas Bagge has been chief executive and statutory director of Digital Container Shipping Association (DCSA) for nearly 18 months, in an attempt to pull the shipping industry into the 21st century. It is, he says, not an easy quest, but the first fruits of his labour are starting to show. “The container shipping industry is currently not a digitally advanced industry. We are, however, seeing a shift as many companies are thinking about how to change their supply chain to be more efficient and reliable through digitalisation. “There is a clear and increasing demand for more digitalisation in the industry,” he explained. DCSA membership comprises nine of the largest container shipping lines, which aim to create a “digitally interconnected” industry, which will give customers “seamless, easy-to-use services”. Non-profit and independent, the association’s aim is to drive and develop technology standards and frameworks – a crucial step forward. “Taking a standardised approach to digitalisation is crucial to enabling interoperability, as this industry depends on collaboration from all industry stakeholders to maximise the benefits of digitalisation,” explained Mr Bagge. “Since the launch of DCSA in April 2019, we are encouraged by the support we’ve received from many industry stakeholders for digital standards. We look forward to collaborating more with shippers as well and all supply chain participants.” One of its major efforts has been introducing an e-bill of lading (eB/L), which, it believes, could save the industry up to $4bn a year, even if only half the B/Ls were digital. The DCSA worked with IATA on the data, which has spent a decade trying to introduce e-freight and e-air waybills, and which currently have about 68% market penetration. “If we start on standardising eB/L now, we have reason to believe a 50% adoption rate is feasible by 2030,” said Mr Bagge.But he admitted: “As part of the overall digitalisation of documentation effort, it is a major undertaking for the container shipping industry. Carriers cannot do it alone. It requires key stakeholders such as regulators, banks and insurance companies to accept eB/L as the equivalent of paper bills of lading to drive widespread adoption. Not every government has provisions for an electronic form.” Covid, as has been found in many other areas of business, has accelerated digitisation, and Mr Bagge said progress was now being made. “A number of DCSA members have reported a sharp increase in eB/L adoption in an effort to keep trade moving. By developing an industry-standard language and definitions for eB/L, DCSA aims to make it easier for government authorities and other stakeholders to accept an electronic replacement.” While Covid had accelerated some trends, such as a move towards more digital documents and use of technology, it had slowed other aspects, explained Mr Bagge. “The Covid-19 pandemic has caused many companies to shift their priorities to deal with operational issues. However, while the impact of the pandemic may slow some projects down, the focus of our standardisation work and the commitment from our member carriers to drive standards adoption remain unchanged. For eB/L, adoption has even accelerated as the industry acted quickly to find solutions for not being able to pass paper BLs from location to location.” It is not just the $4bn in savings that will shipping line customers could enjoy; digitisation boosts efficiency.  “There are significant time benefits to digitisation in addition to cost benefits, and eB/L is a good example. When the cargo is loaded onto a ship, eB/L will enable the destination port to have visibility of the cargo and expedite processing upon its arrival. Regulators can reduce clearing time; shippers, ports and other stakeholders will all benefit from the time saving. As Covid-19 continues to cause disruptions around the world, digitalisation enables people to work from home and minimise or even eliminate potential delays.” ‘Digitisation’ covers a multitude of facets, and to bring the industry into line, the DCSA had to prioritise; it decided on track and trace and operational vessel schedules (OVS) as its first moves. “We set the DCSA priorities jointly with our carrier members and they bring insights from their customer base. For shippers and freight forwarders, having visibility of where the cargo is has been an issue for more than a decade. This is why we published the track & trace standards in January 2020, simplifying shipment visibility across multiple carriers to enable better planning and shipment handling for shippers.  “OVS is another area that’s in urgent need of improvement,” he added. “Today carriers lack a standard and digital way of sharing vessel schedule data between themselves, their vessel sharing agreement (VSA) partners and operational service providers. OVS standards will enable automatic sharing of vessel schedule data among different parties and build a higher degree of effectiveness and efficiency into the fabric of container shipping processes.” Port call optimisation technology is also on its way, to drive both efficiencies and environmental gains. “Today ships often speed across the ocean, burning more fuel than necessary, only to find themselves waiting outside of a congested port, burning more fuel in the process.  “DCSA port call optimisation (PCO) standards will aim to enable the just-in-time port call by aligning operational processes and data communication between carriers, ports, terminals and other stakeholders.  PCO standards will create a more efficient and harmonious ecosystem that will drive increased trust and visibility among stakeholders, reduced ship waste and emissions, and improved schedule reliability,” he said. He urged forwarders and other stakeholders to get involved with the association. “At DCSA, we actively invite all stakeholders to engage with us in order to develop standards that are useful for the industry and drive rapid adoption of standards. We have been working with the freight forwarder community and welcome more feedback.  “DCSA standards are open source, free for everyone to use. It is our strong belief that by adopting digital standards, supply chain participants can improve efficiencies and unlock opportunity to innovate.” This article was first published in Voice of the Independent’s August issue. By Alex Lennane 01/09/2020last_img read more

‘What was left for Haven?’: How Amazon’s health ambitions devoured Haven’s plans

first_img‘What was left for Haven?’: How Amazon’s health ambitions devoured Haven’s plans Casey Ross Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED @erbrod linkedin.com/in/erinbrodwin/ Health Tech Correspondent, San Francisco Erin is a California-based health tech reporter and the co-author of the STAT Health Tech newsletter. Michel Spingler/AP Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What is it? By Casey Ross and Erin Brodwin Jan. 8, 2021 Reprints It’s tempting to see Haven as another casualty of entrenched interests in American medicine. But the endeavor, however ambitious, also collided with the equally unmovable aims of Amazon, whose sweeping campaign to disrupt health care began long before it formed Haven with Berkshire Hathaway and JPMorgan Chase in 2018.Amazon beat Haven to the punch on one of its core initiatives, an effort to develop a digital product to streamline access to primary care and prescriptions for employees. Even though Amazon Care was initially confined to Amazon office workers in Seattle, its launch in September 2019 blindsided several rank-and-file employees at the startup who were struck by similarities to the product they had been building. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.center_img What’s included? National Technology Correspondent Casey covers the use of artificial intelligence in medicine and its underlying questions of safety, fairness, and privacy. He is the co-author of the newsletter STAT Health Tech. Log In | Learn More @caseymross About the Authors Reprints [email protected] [email protected] GET STARTED Erin Brodwin Tags Bostonmedical technologySTAT+last_img read more

People / Cathay Pacific chairman John Slosar to step down in November

first_img Yet another scalp has been taken in Hong Kong: following last month’s resignation of Cathay Pacific chief executive Rupert Hogg, comes news that chairman John Slosar will step down at November’s board meeting. Mr Slosar, who has worked for Swire Group for 39 years, was chief executive of Cathay for three years, and has been chairman since 2014. He will be replaced, in the Cathay way, by another long-standing Swire executive, Patrick Healy (pictured). Mr Healy is currently managing director of Swire Coca-Cola, director of John Swire & Sons (HK) and a non-executive director of Swire Properties. He has worked for the group since 1988 and was chief executive of HAECO, its aircraft engineering and maintenance group for four years. Merlin Swire, chairman of Swire Pacific, said: “I would like to thank John for his tremendous contributions to the company over the past 39 years. Under his leadership Cathay has built on its already enviable reputation for quality service and the extensive global network which underpins the success of Hong Kong as Asia’s largest international hub. The three-year transformation programme now nearing completion leaves Cathay well-positioned for continued growth in the future.”  Mr Slosar added: “Pat is a strong and experienced executive, having successfully led a number of different Swire businesses. He is creative and customer-focused, and I am sure he will lead Cathay Pacific to new heights.”  Mr Healy will work alongside the carrier’s new chief executive, Augustus Tang. The pair will be expected to repair the airline’s relationship with China, which reportedly has told state workers not to fly with the carrier. By Alex Lennane 04/09/2019last_img read more

Boxing still on the ropes after IOC freezes planning for Tokyo 2020

first_imgTOKYO,  (Reuters) – The International Olympic Committee (IOC) put planning for the Tokyo 2020 boxing tournament on hold yesterday in a move that could see the governing body AIBA frozen out of the Games over a governance dispute. The IOC said in a statement it had also launched an investigation into the International Boxing Association after AIBA submitted a progress report focusing on governance, financial management and sporting integrity.It referred to that enquiry as “the initiation of a procedure which can lead to the withdrawal of recognition for AIBA” but said it still hoped boxing would be part of the programme. “The IOC Executive Board makes all efforts to protect the athletes and ensure that a boxing tournament can take place at the Olympic Games Tokyo 2020 regardless of these measures,” the statement read.The IOC’s Executive Board said planning for the Olympic boxing tournament had been frozen, with immediate effect, and contact suspended between AIBA and the Tokyo 2020 Organising Committee. “This will also include the freezing of any ticket sales for the boxing competitions or any approval or implementation of the qualification system,” the IOC’s Sports Director Kit McConnell said in Tokyo yesterday. No deadline was set for further action but any decision to withdraw recognition from an international federation would have to be made at an IOC session. The next one is scheduled for June 2019.McConnell said AIBA had been given adequate time to address the IOC’s concerns.“The timeline from the time we raised these questions is not short in that regard,” he said. “These questions have been on the table throughout the whole of 2018 and tomorrow is December.”AIBA, who did not respond to a Reuters request for comment yesterday, has been in turmoil for years and the IOC has warned the Swiss-based body to sort out its finances and governance, as well as anti-doping issues, or risk missing out on the Tokyo Games.Tokyo 2020 spokesman Masa Takaya said that Games organisers were very keen to work closely with the IOC to address any impact on planning. ‘SIGNIFICANT CONCERN’The IOC executive board said AIBA had made progress but points of “significant concern” remained.They included doubts about AIBA’s ability to continue as a going concern. “This means basically (being able) to operate under normal financial circumstances with revenues to match the expenditure,” said McConnell.“Equally, there are elements of the audited and financial reports which are still omitted and are not included in the information that has been provided to us and not available on the AIBA website.”AIBA said in a statement released to the media on Thursday that they had restored “a healthy and sustainable financial situation” to their accounts.“The fear of going bankrupt due to past financial mismanagement is now far behind us,” AIBA president Gafur Rahimov said in the statement. “It is time to turn the page and look further to the development of boxing worldwide.”The IOC yesterday noted uncertainty about the role of Rahimov, an Uzbek, resulting from his “designation as a key member and associate of a transnational organised criminal network by the U.S. Treasury Department”.Rahimov was one of two Olympic officials barred by the Australian government from attending the 2000 Sydney Games for security reasons. Despite its concerns, the IOC said it remained determined to feature boxing at Tokyo 2020.“The goal again is that, by the time of the session in 2019, (the IOC will) be able to confirm, while protecting the integrity of the sport and while protecting the athletes… an Olympic boxing competition here in Tokyo,” said McConnell.Boxing has featured in all but one of the Summer Olympics since 1904 with Muhammad Ali, Joe Frazier, George Foreman, Sugar Ray Leonard, Anthony Joshua and Katie Taylor among those to have won gold medals and gone on to claim professional world titles.last_img read more