close
This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Blockshipping: The Future of Shipping Industry

downloadDownload printPrint

Pssst… we can write an original essay just for you.

Any subject. Any type of essay. We’ll even meet a 3-hour deadline.

Get your price

121 writers online

Blockshipping: The Future of Shipping Industry essay
Download PDF

Today shipping is one of the most popular groups of carriers in the world, and container shipping occupies the lion’s share of 60% of the total industry. Containers are popular due to their security, reliability and the ability to move dangerous cargo in themselves. But we also have a share of negativity in this area, such as: great pollution of the environment, due to higher environmental standards, problems with cargo tracking, and many more shortcomings, if you ordered goods from another country that went by sea, then you know what the price of waiting, when you can track your goods before shipment by sea and already on arrival on land, the location in the sea to track was absolutely impossible. This baffled craftsmen from Blockshipping

The Company’s Goal

To begin with, I would like to pay attention to the project itself and tell what it was created for, Blockshipping is a Scandinavian corporation situated in Copenhagen, Denmark. Blockshipping is emerging a global common container platform (GSCP), which will permit the reserves possible for the worldwide container business to total to 5.7 billion dollars. USA per year because of more rational conduct of intermodal cargo containers

The global joint container platform Blockshipping (GSCP) is intended to make key practices in global container handling much more effective and thus resolve certain of the most significant difficulties in the container shipment business today. Initially, the goal of the GSCP platform is to deliver a whole registry with compulsory to block keys (for example, the register of ships), where a whole worldwide record of containers (about 27 million units) is recorded organized with immediate places of every single container everywhere in the world. The goal for 3-4 years is to provide 60% coverage of the market with 16 million container units in the GSCP blocker register. The GSCP platform will save at least 5.7 billion potential for the world container industry US per year.

The problems of the cargo transportation industry by the sea and their solution

At the moment, many companies experience different difficulties: financial, political, lack of staff, not the effectiveness of the company itself. The sea transport industry occupies 60% of the world maritime trade, which is estimated at 12 trillion a year, but still weighing the pros and cons of the industry is far from effective due to weak security, overcapacity, poor financing, lack of digitization and large CO2 emissions into the atmosphere. Fortunately Blockshipping found a solution to all problems. These are not just loud statements, but a competently written business plan to increase the control of all containers, reduce CO2 emissions, save money and distribute work competently. So in the development of the inefficiency solution, it was suggested to reduce the number of containers by 15-20%.

Many companies do not even know where most of their containers are located due to parking in the port, improper unloading and reloading from ship to ship, the solution to this problem is quite simple: to make all the containers in a single register, so that every owner can track the position of his container.

Correct allocation of the space in the container, since now half of the containers on the ships are either empty or half full, which already breaks the logistics, for this case the registry also comes to the rescue, in which it will be possible to see the fullness of a container on the ship, as well The company will be able to compare the possibilities where they can use empty containers or use them together with others.

The term “street turn” means that empty containers are moved from importers to exporters without an intermediate stop in the port or in the inner warehouse. Currently, this is difficult to do, but with the help of registration and tracking Blockshipping, they plan to facilitate this action, simplify and save up to $ 750 million a year.

Now Blockshipping has created its own platform, which will simplify all processes and significantly reduce costs. Also, the platform will deal with the automation of processes, because the business model today is obsolete and requires a large number of documents. Thanks to automation from Blockshipping, this will significantly reduce costs.

The project team

The founder of the company has seriously approached the selection of personnel and to date, only the aces of his business work there, which we clearly see in the created perspectives and plans of the company.

The project promises to be successful due to its contribution not only to the shipping industry, but also due to its simplicity, the desire to reduce the level of pollution, streamline the structure of each company and solve many other problems related to this area. Now you can buy tokens of the company, by the way, the company gives an account of its tokens and does not hide their distribution, exactly the same as the financial portion.

Remember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

experts 450+ experts on 30 subjects ready to help you just now

delivery Starting from 3 hours delivery

Find Free Essays

We provide you with original essay samples, perfect formatting and styling

Cite this Essay

To export a reference to this article please select a referencing style below:

Blockshipping: The Future of Shipping Industry. (2019, March 12). GradesFixer. Retrieved October 20, 2021, from https://gradesfixer.com/free-essay-examples/blockshipping-the-future-of-shipping-industry/
“Blockshipping: The Future of Shipping Industry.” GradesFixer, 12 Mar. 2019, gradesfixer.com/free-essay-examples/blockshipping-the-future-of-shipping-industry/
Blockshipping: The Future of Shipping Industry. [online]. Available at: <https://gradesfixer.com/free-essay-examples/blockshipping-the-future-of-shipping-industry/> [Accessed 20 Oct. 2021].
Blockshipping: The Future of Shipping Industry [Internet]. GradesFixer. 2019 Mar 12 [cited 2021 Oct 20]. Available from: https://gradesfixer.com/free-essay-examples/blockshipping-the-future-of-shipping-industry/
copy to clipboard
close

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

    By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.

    close

    Attention! This essay is not unique. You can get a 100% Plagiarism-FREE one in 30 sec

    Receive a 100% plagiarism-free essay on your email just for $4.99
    get unique paper
    *Public papers are open and may contain not unique content
    download public sample
    close

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.

    close

    Thanks!

    Please check your inbox.

    Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

    thanks-icon Order now
    boy

    Hi there!

    Are you interested in getting a customized paper?

    Check it out!
    Having trouble finding the perfect essay? We’ve got you covered. Hire a writer
    exit-popup-close

    Haven't found the right essay?

    Get an expert to write you the one you need!

    exit-popup-print

    Professional writers and researchers

    exit-popup-quotes

    Sources and citation are provided

    exit-popup-clock

    3 hour delivery

    exit-popup-persone