04 Jun 2023

China’s manufacturing activity weakened further in May, falling short of expectations.

  The official manufacturing purchasing managers’ index (PMI) came in at 48.8, down from 49.2 in April. This marks the second consecutive month that the PMI has fallen below the 50-point mark, which separates contraction from expansion. The decline in the PMI was driven by a number of factors, including weaker demand, rising costs, and […]

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05 May 2023

Exploring Seaweed’s Potential as an Affordable and Rapid Climate Change Solution

  Seaweed, with its vibrant hues of purples, golds, and greens, is garnering attention as a potential game-changer in the fight against climate change. Startups are touting its diverse benefits, including carbon absorption, mitigation of methane emissions from cattle, biofuel production, and global food security. Varieties like sugar kelp, sea lettuce, dulse, bladderwrack, and Irish […]

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04 May 2023

Container Shipping Market Outlook: BIMCO’s Analysis

  BIMCO has recently published its Shipping Market Overview & Outlook for Q2 2023, focusing on the supply and demand dynamics in the container shipping market. The report highlights the challenges faced by liner operators due to a weakened supply/demand balance. Regarding the demand side, BIMCO’s base case scenario suggests that global container volumes will […]

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03 May 2023

Mitigating Risks to Hull and Cargo: Strategies for a Secure Journey

  The transportation of hazardous and combustible goods through containers has been on the rise, posing an increasing risk to both container shipping and car carrier vessels. Additionally, the prevalence of Lithium-ion (Li-ion) batteries has added to the potential dangers. Larger vessels now handle these hazardous cargos, amplifying the consequences of fires and resulting in […]

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02 May 2023

The Revolutionary Impact of Technology on Project Management

  As the supply chain landscape undergoes rapid evolution, organizations must adopt technology-driven solutions to maintain a competitive edge and achieve optimal results in their future projects. Efficient project management plays a critical role in ensuring the success of supply chain operations, and businesses are increasingly leveraging various tools to streamline their project management processes […]

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01 May 2023

Analyst predicts potential bottleneck in battery supply chain by 2025.

  According to Mike Dean, an automotive equity research analyst at Bloomberg Intelligence, the supply of lithium batteries for electric vehicle (EV) production could face a bottleneck starting in 2025. The growing demand for EVs, fueled by consumer interest and government incentives, is expected to surpass the available capacity for battery production. Dean highlighted that […]

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30 Apr 2023

Exploring the Promise and Pitfalls: ChatGPT’s Role in Supply Chain Applications

  Manhattan Associates, the leading supplier of supply chain management software solutions and renowned for their warehouse management systems (WMS), recently held their Momentum user conference. One of the key highlights from the event was the keynote speech by Sanjeev Siotta, Chief Technology Officer at Manhattan, where he discussed the potential of integrating ChatGPT into […]

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