Liquid bulk shipping requires complex planning and scheduling. For many oil, gas and chemical companies, getting the business in shape to manage incoming and outgoing shipments drives competitive edge. As prices fluctuate on a daily basis, understanding the options on large crude oil vessels and having up-to-date market information is vital when bidding on spot cargo to accurately schedule your fleet. Being able to take all unassigned ships to a legal berth, with all constraints considered, is a logistic and economic challenge. So, how can companies maximize profitability and avoid unnecessary demurrage costs?
Resilinc has released an application that aids companies in meeting the Securities and Exchange Commission's new reporting rules on conflict minerals in manufactured goods.
Challenge: A major chemicals company manufactures product in Brazil and ships globally, with its largest market in China. It takes 27 days on ship to deliver to China. Customers in China didn't want to wait 27 days to receive goods. The company didn't want to set up a DC in Asia.
For retail energy companies, managing data once meant nothing more complex than processing analog meter readings and customer billing information. However, the advent of the smart home, along with the wave of digitization sweeping the industry, is creating major opportunities to tap into an explosion of fast-moving, complex big data in compelling new ways.
The year 2013 saw record-breaking growth for solar electricity generation as the photovoltaic and concentrated solar thermal power markets continued to grow. With over 39 gigawatts installed worldwide, the PV solar market represented one third of all newly-added renewable energy capacity, according to Max Lander and Xiangyu Wu writing in the latest number of the Worldwatch Institute's Vital Signs Online publication.
According to the American Chemistry Council, following an upwardly revised 0.5 percent gain in May, the U.S. Chemical Production Regional Index continued to expand, rising by 0.3 percent in June. Chemical output was higher in all regions.
Macy's Inc. has reported a series of initiatives from 2002 through 2013 have resulted in a 38-percent reduction in the company's electricity usage and a 95-percent adoption rate of recycled or certified paper used in the company's marketing materials.
Wallenius Wilhelmsen Logistics, a provider of services to manufacturers of cars, trucks, heavy equipment and specialized cargo, has opened a new office in Yangon, Myanmar.
There may now be as many as 6.5 million direct and indirect jobs in renewable energy, according to updated data from the International Renewable Energy Agency (IRENA). Earlier assessments had put the global estimate at 2.3 million jobs in 2008 (United Nations Environment Programme) and at 5 million jobs in 2012 (International Labour Organization).
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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