Annual Review and Outlook - Maritime

Annual Review and Outlook - Maritime

ARO Commentaries

CMA CGM’s SHIPFIN, a range of finance solutions, and its Reefer Pharma Division, which offers temperature-controlled transportation of pharmaceutical products, are two ways the group is focusing on “customer-centric” strategies.
The shipping industry depends on an archaic fuel surcharge mechanism that is totally broken — subjective, arbitrary, random, and opaque. The first step in charting a path to consistent industry profitability is to replace the current mechanism with one that works.
2020 will bring greater challenges than 2019, starting with the increase in fuel costs and concerns over global supply of compliant fuel due to IMO 2020 and including an increase in carrier consolidation that will bring more efficiency and a better overall return for the shipping market.
In response to growth in North American average ship size and average call volume size, APM is focused on better use of data to plan ahead, working with shipping lines to maintain schedules, and decoupling operations within the terminal, so that each activity’s run rate is not affected by the others.