Why does the maritime shipping industry need to reduce emissions?

In 2021, about 90% of global trade goods were transported by sea, according to the International Maritime Organization (IMO). It translates to around 11 billion tons of freight. That is an impressive amount of cargo.  However, the environmental consequences are that the shipping industry accounts for almost 3% of CO2 emissions worldwide.  It also produces other pollutants like sulfur oxides, nitrogen oxides and volatile compounds which cause environmental damage. Without intervention, these emissions could increase by as much as 50% by the year 2050.

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In response to the need to reduce these numbers, Industry leaders are exploring alternative methods to power vessels. These range from adopting cleaner technologies to optimizing operations and aligning with international regulations aimed at creating a greener future.

With global warming being such as critical issue, Bon Trade is pleased to see the maritime industry’s progress in reducing emissions through innovative technologies.

Adoption of Alternative Fuels

The good news is that shipping companies are now exploring ways to replace aging fleets. They are shifting away from traditional fossil fuels by introducing alternatives such as liquefied natural gas (LNG), biofuels, and hydrogen, while integrating wind power.

One of the most promising developments is the use of ammonia (NH3), as a fuel of the future. It produces no carbon emissions. However, it’s scalability and infrastructure costs need to be addressed.

Electrification and Renewable Energy

Electric ships are on the horizon, particularly for short-distance routes. These battery-powered vessels can reduce CO2 emissions significantly and use renewable energy sources like wind and solar power to recharge the batteries.

It is good to see that Drift Energy, a UK-based startup company, is developing a fleet of sailing ships that will produce green hydrogen through renewable energy. The ships will harness wind energy using underwater turbines to power onboard electrolyzers, generating and storing hydrogen. Construction of the first vessel is expected to begin in 2025.

Efficiency in Ship Design and operation

Improving the energy efficiency of ships is a key focus for reducing carbon emissions. The IMO’s Energy Efficiency Design Index (EEDI) sets standards for new ships to be built with energy-saving technologies.

One example of a forward-thinking company is Höegh, which is aiming to cut carbon emissions, per vehicle, by up to 58% as part of its 2040 net-zero goal. Their latest vessel design, the Hoegh Aurora, is the largest car carrier. It has innovative features designed for sustainability and a capacity of 9100 units. This vessel is equipped with LNG, biofuel, and lower-sulfur oil engines, and ready to transition to ammonia by 2027.

The push to decarbonize is heavily influenced by international regulations. The IMO has set a goal to reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 levels. Standards like the Energy Efficiency Design Index (EEDI) and Ship Energy Efficiency Management Plan (SEEMP) are helping drive change.

Regulatory Push for Change

The European Union is also playing a role with its upcoming Emissions Trading System from 2024 that includes shipping.

Operational efficiency is equally important. By optimizing routes, reducing speed, and utilizing digital tools like predictive analytics and artificial intelligence, shipping companies can significantly reduce fuel consumption.

Conclusion

Bon Trade Intl. Corp. is excited that the maritime industry is making significant strides in reducing carbon emissions through innovation, cleaner fuels, efficiency measures, and regulatory compliance.

Continued collaboration between industry stakeholders, governments, and technology developers will be key to achieving emission reduction goals and supporting greener logistics in the future, and Bon Trade will be supporting them all the way.

Maritime Shipping Disruptions Have Global Impact

The effects of Maritime Shipping Disruptions to your life isn’t likely something you think about on a daily basis. You have other important and urgent matters to attend to. Your marriage, kids, work, sports and hobbies are all more important than the inner working of the maritime shipping industry.

The interesting part of that equation is how important the maritime shipping industry is to all of those parts of your life. You often don’t realize that until there are shipping disruptions that affect your corner of the world.

The interconnected nature of maritime shipping means that large disruptions can be felt worldwide. Far from their place of origin and reach you like a domino effect.

Consider the next 3 examples:

1. COVID-19

   

The Covid-19 pandemic and the international shipping disruptions that swept across the world due to the response to the virus.  This is a prime example of how Maritime Shipping Disruptions have global impact.
While COVID itself was not directly related to the maritime shipping industry, the downstream effects had major trade implications.

The precautionary measure put in place by most of the worlds governments nearly ground global trade to a halt. At one point, there were nearly 300,000 seafaring men and women that were stranded out at sea. With no place to accept them, many of them stayed out far beyond the end of their contract obligations.

Organizations like UNCTAD (United Nations Conference on Trade and Development) have called to have seafarers considered essential workers and be exempt from COVID restrictions, with good reason. The importance of the maritime shipping industry, and the goods and materials that are supplied through their efforts, make life better for everyone around the globe.

2. Suez Canal Blockage

   

Prior to the Suez Canal incident in March of 2021, the majority of people worldwide didn’t know about the Suez Canal. Even though it is vitally important to the well-being and prosperity of much of the world, the Suez Canal was a mystery to many. That is until March 2021 when the ‘Ever Given,’ a large container ship, became stuck, blocking all traffic. The Maritime Shipping Disruptions caused by his one major incident is having an ongoing ripple effect.

The Suez Canal handles approximately 12% of all global trade. That is 9 billion dollars worth of goods per day. No industry was left untouched by this accident.

With ships not being able to move along their scheduled routes, shipments were not delivered. This meant that factories couldn’t continue production because of missing parts. Transfers were missed, meaning that those shipments were now stranded.

One ship, blocking one waterway, had a cascading effect that was felt worldwide.

3. Distribution and Location of Shipping Containers

   

Logistics can also be a challenge. When you understand the scale and complexity
of global maritime trade, it is amazing that anything reaches anywhere on time.
And yet it does, consistently and predictably. Although, there are exceptions to this.

A combination of circumstances, including the blocking of the Suez Canal, have led to an increased number of sea shipping containers being in the wrong place at the wrong time.
In some parts of the world the production of sea containers is at an all-time high.  But even so there are major shortages plaguing the industry. And this has been causing very costly Maritime Shipping Disruptions and global shipping delays.

In other parts of the world, containers are being left loaded because of the lack of manpower to unload them. And Peter Friedman, executive director at the Agricultural Transport Coalition, states that 22% of sales are lost because they can’t get their goods overseas.

The Takeaway

Maritime Shipping Disruptions do happen and the ripple effects do reach other industries worldwide. Understanding these incidents helps shed light on the vital importance of the maritime shipping industry in our everyday life.

The most important factor to note is that they do not happen often.  And shipping goods overseas is still the most cost-effective and safe way to transport goods. Using a reliable and proven company ensures that you prevent all avoidable disruptions in your shipping process.

Bon Trade has decades of experience delivering on the promise to deliver your goods, when you need them and where you need them. Reach out to Bon Trade today and see how your maritime shipping needs can be taken care of.  Especially if you are shipping to the ABC Islands and Sint Maarten.

INTERNATIONAL Maritime Shipping SERVICE Is Indispensable to the Modern World

The phone in your hand, the clothes on your back and the materials used in the building of your home. What do they all have in common? They likely have all been out to sea during the journey.  From raw material to finished product.  And they arrived at their destination by means of International Maritime Shipping Service.

It is often easy to overlook the critical importance of the international maritime shipping industry. The majority of people don’t ever see, hear, feel or interact with the industry directly. But they are indirectly influenced by it every single day of their lives. It affects what they buy, how they buy it  and the cost of their purchases.  Even their standard of living is directly impacted by this worldwide transport behemoth.

Maritime Shipping to the ABC islands, in the Caribbean, is obviously important to the inhabitants.  It is all around them and they can see the ships arriving almost daily.  However, in places like Ardmore, Oklahoma or Zermatt, Switzerland it may not be as easy to realize how important the cargo ships at sea are to their regular purchases.

Could maritime shipping really be indispensable to the modern world? How much does the maritime shipping industry contribute to the modern way of life? Consider this:

Maritim Shipping is the largest driver of global commerce

According to Statista, 80% of goods are transported by sea. Maritime Shipping Service transports 4 out of every 5 items that are moved worldwide! There is no other industry on the planet that comes close to being as important to the continuing prosperity of all nations.

maritime shipping Helps raise the standard of living in developing countries

For those living in developing countries the maritime shipping industry often is the only
avenue to get their goods out to the international market. The low overall cost of maritime
shipping has allowed those living in developing countries to trade more cost-effectively,
raising the standard of living of those living and working there.

When their goods get purchased and shipped, they, in turn, redistribute that money locally
through their communities, creating a positive ripple effect. It is indeed true that a rising tide
raises all ships!

it Creates thousands of solid careers in every port city worldwide

This is a short list of the industries that thrive because of the maritime shipping industry.

• Sailors
• Port Workers
• Truck Drivers
• Logistics Software Development (Like Magaya, the system used at Bon Trade Intl.)
• Import/Export Companies
• Shipping Companies (Like Bon Trade Intl.)
• Support Staff for Ports (Security, Custodial, Food and Beverage etc.)

It also lowers the cost of goods through lower transport costs

Outside of Maritime Shipping Service, the only other option for international trade is using air service. Imagine the cost of any product that needed to have any or all of its components delivered by air! This would make international trade far more expensive and unprofitable for certain industries, leading to less competition and higher prices across many sectors of commerce.

Rail and truck service are available, and used for international delivery, in some parts of the world. But generally they are mostly used for inland distribution and more expensive per mile.

ocean shipping Allows countries the opportunity to export their goods and import needed goods

For countries needing to offload their excess raw materials, such as grain, oil and lumber Maritime Shipping is the only feasible way. To move such large volumes consistently, countries need a sustainable, efficient and reliable partner for export and import. With it’s long history and it’s record of continuous improvement, maritime shipping is the best choice to move goods worldwide.

maritime shipping is One of the safest ways to transport goods for trade worldwide

Between the years 2008 and 2019, the amount of cargo lost during maritime shipping was only 1/1000^th of the total value shipped. The actual number is 0.0006%!

Maritime Shipping Service is overall the safest way to transport and deliver goods world wide  It is the central hub of global trade.

The livelihoods and quality of life of almost every person on the planet is directly or indirectly affected by the Maritime Shipping Industry. That makes maritime shipping indispensable to the modern world.

Bon Trade makes maritime shipping easy to the ABC islands and Sint Maarten. Contact Bon Trade Intl today to discuss your maritime shipping needs.

Container Shipping to the ABC Islands and Sint Maarten: 5 Questions to Ask

Keep these questions in mind when choosing an ocean freight service to save you money, time and headaches when doing  container shipping to the Caribbean.

There are as many reasons you would need to use container shipping to the Caribbean as there are grains of sand on the beautiful beaches of the ABC islands. You may need to use container shipping to the Dutch Caribbean to ship goods for business purposes or maybe to ship a vehicle. You could also be an individual shipping a package or sharing a shipping container (LCL services) with other customers to get consumable goods delivered.

Why you need these services are just one of the important factors that you want to consider before choosing an ocean freight provider. Ask yourself and your container shipping company these 5 questions to make sure that you are making the best choice. Remember, you are hiring professionals to get the job done. They should be able to help guide you and answer your questions.

1. What is the best option for shipping my goods to the ABC islands?

Before you choose how you are going to ship your goods, you should ask and see if ocean shipping is the right choice. For some goods, shipping by sea may be the best option. For others, using an air service may be the better option. The type of goods, the time frame and the budget you have to work with will determine whether using container shipping to the Caribbean is the right choice.

2. What route will my ocean freight be taking when using container shipping to the Caribbean?

The answer to this question will give you an idea of where your goods will travel before they get to you.
Say you are using a provider for container shipping to Sint Maarten but realize that your goods will be stopping in two different locations before it arrives. This may affect whether or not you would use that provider.
Note:
* Is price more important than transit time or is it necessary that your cargo arrive in the shortest possible time?
This can be a function of product shelf life, competitiveness of the market and many other variables that will help you decide which service is the better option.

3. How much time will it take from departure to the time I get my shipment?

All cargo is precious and it is essential to know when your shipment is arriving. For example, if you have purchased a car in Florida and are looking to use container shipping to Aruba to deliver your vehicle, you must understand the time lines involved. By knowing when your shipment is expected to arrive, you can make any necessary arrangements to clear Aruba Customs and take delivery of your car as soon as possible.

4. What are the rates and are there hidden fees?

For almost all customers, this is one of, if not the most important question. There is a real need to understand the costs and potential hidden fees. These aren’t hidden fees, they are simply fees that can arise due to late pickups, extra duties, etc. Understanding all of the fees is crucial to staying on budget for your container shipping needs  to the Caribbean.

5. How do I avoid all delays possible?

There are delays that are uncontrollable, such as weather delays. Other delays are avoidable and are often costly if they do occur. Ask your shipping container service provider what they need from you to ensure there are no avoidable delays. These can be the product of simple mistakes such as not being registered in the proper systems to be invoiced for goods or having out of date contact information. Making sure to speak with your ocean freight provider to understand what they need from you will create a smooth and enjoyable shipping experience. And having a Customs’ Broker engaged to avoid overseas delays that can get very costly

Asking these questions will give you the confidence to know that you are using the right service for your shipping needs and that you will be able to receive your goods without unnecessary delay or incurring extra fees.

Bon Trade has been providing businesses and individuals the opportunity to leverage their container shipping to the Caribbean for all of their freight and cargo needs to the ABC Islands and Sint Maarten for almost 40 years. Contact Bon Trade to inquire about using ocean freight services today, and Register to be in their system for when you are ready to ship. You will not get better logistical advice and assistance for these markets from anyone else.

PACKAGE SHIPPING POST # 2

Small Package Shipping efficiency and Bon Trade Intl.

In the first blog post about small package shipping to the ABC Islands I talked about the bar codes.

In this post I want to explain how our system operates so you can understand what makes your goods ship fast.

How does the Bon Trade system work and how does it aid efficiency of Small Package Shipping?

Before we receive any packages or cargo, and enter them into our cargo system, it is necessary that our customers be part of our system.  So we need to create an account for each person or company that makes use of our cargo service. That is why we ask everyone to Register with us before using our service.  This accomplishes several things:

Registration Benefits:

• It allows our receiving department to enter arriving cargo under the name of the correct owner of the cargo and avoid shipping mistakes.
  Note: Registering with our system is especially important because we ship to several Caribbean destinations. Shipping to the Wrong Destination causes major delays and is Very Costly.
• To notify you when orders arrive register in our system with an email address. If you are not in the system we have to wait for you to claim the cargo and then register your information in our system.
  Note: This is the Biggest reason why cargo is delayed and why we ask everyone to Register with our service before sending cargo to our address.
• Once registered in our system you get your own account and receive a login (username and password).  This gives you access to your cargo activity and all documents that arrive with the cargo.  With this login you can see if you have cargo without invoices even if you have not seen our emails.  This counts for all the cargo we handle!

So How do you register with us for service for Small Package Shipping?

To confirm: In order for the system to work correctly you need to register.  The easiest way to accomplish this is by going to our website (bontrade.com) and choosing the registration tab.  The screen will display a form with all the information we need to open your account.

Note: To register you can also click on this URL: https://bontrade.com/about-us/registration/ to go directly to the form.

You will receive your own login to see what you have in our warehouse and your historical data.  In your account there is much more information, but everyone really wants to know where their cargo is, which you can easily see in your account.
Note: It will tell you
1. If we received your order,
2. Whether the cargo is missing an invoice,
3. If it is on the way to you, or
4. Waiting at our agent’s warehouse for you to pickup.

When everything goes right the most you have to do is send us an invoice.

If your goods arrive with an invoice at our Doral warehouse you will find out from our agent that your order(s) are ready for pickup about a week to 10 days later.  But there are some things that can cause delays and I will explain the most common ones here, and they are easy to prevent.

Possible issues to bear in mind:

1. It is very common for items you order to come from different warehouses.  This is normal in the U.S.  However, sometimes the items will arrive without your name on them.  In which case your order will be entered as unknown till you contact us to claim it.
2. Sometimes the mistake is made of putting Bon Trade Intl. on the shipping label without mentioning the name of the buyer.  This way we cannot identify who the items belong to and we have the same problem.
   NOTE: See our FAQ’s for clarification and recommendations.
3. When orders are received in multiple deliveries it often happens that an invoice is sent that covers many more items than are in the delivery. The customer, not realizing this, will have items sitting in our warehouse without an invoice and cannot ship.
   

   This also causes duties to be paid twice since these items will have to be declared again!

4. Sometimes an account holder will change their email address without notifying us.  We send them arrival notifications, but they are no longer receiving them.  The result is that cargo does not ship because we do not have an invoice and this can cause long delays.
   

   Always notify us of email changes to make sure you continue receiving our notifications.

5. If for any reason your order arrives with another name on it that is not in our system it will end up in the Unknown category.
   

   So we highly suggest using one name for all your orders.

When these issues occur how do we solve them?

The way to locate your orders and correct these issues is always the same: ‘THE TRACKING NUMBER.”  The tracking number, as mentioned in the previous blog post,  is the identification of your cargo when all else fails.

If you provide us with the transport company (UPS, etc.)and the tracking number we can find your order in our system and put your name on the cargo  We then request the invoice and manifest the order to be shipped.

Once you understand the importance of Registering with our service and of the Tracking Number the whole process will be easier to manage.

We do count on your cooperation and do our best to keep you informed of the status of your orders.  This will help keep our service Fast and Economical. So Please Register with us AND Maintain your account by sending email updates, address changes, etc.

In the next post I will look at Small Package Shipping coming from outside the country and what makes them more complex.

Thanks for reading the post and see you in the next one……