The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.
The methodology known as ESSA — for eliminate, simplify, standardize and automate — can help supply chains overcome an abundance of unusable technology as they pursue digital transformation.
The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.
This comes months after Toyota claimed that it would be shifting towards using solid-state batteries after working on the technology for over a decade.
The top business priorities for supply chain organizations over the next two years are increasing productivity and efficiency (29%) as well as improving resiliency, continuity, risk and security (29%).
The unions and Chevron are scheduled to meet at 10:30 p.m. ET on October 10 for talks with Bernie Riordan, the commissioner of Australia’s Fair Work Commission.