In the last year, the maritime media has been awash with headlines announcing new products, major technology investments, partnerships, mergers, and acquisitions.
Many of these announcements have been tied to the chartering and voyage management of vessels. To determine what’s been happening, why, who’s been involved, and what this could mean for the future, Thetius has taken a deep dive into activity over the last 12 months. Analysing 93 industry headlines relating to technology used for chartering and voyage management and 130 different organisations, Thetius has identified three key areas that have captured the market’s investment and innovation:
Trade Facilitation
An industry vertical that is focused on streamlining commercial transactions between various trading entities.
Supply Chain Visibility
An area focusing on the activities and operations that track and monitor the condition and location of goods along the supply chain.
Chartering and Commercial Operations
An area focusing on the management of commercial operations of a ship, such as chartering and accounting.
Chartering and Voyage Management Technology Market Map 2023
Detailing 77 organisations categorised as suppliers, 17 organisations categorised as buyers and 33 organisations categorised as enablers.
One, five and ten year outlooks on the state of chartering and voyage management technology in the industry:
- Increasing adoption of electronic bills of lading (EBLS)
- Continued investment into supply chain visibility platforms
- Continued shift from manual to automated processes
- 100% EBL adoption
- Data-driven decarbonisation
- From reactive to proactive
Pricing
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