The most effective method of transporting goods around the globe in the last ten years is container shipping. But as we enter the next decade, new trends will emerge that will change how we ship our products.
As container ships get bigger and faster, they'll also get cheaper. As a result, the maritime industry can afford to send larger quantities of cargo across the ocean to all major ports.
Profits are reduced as efficiency increases. As a result, companies will have to find new ways to make money from shipping containers. And these changes will take time to happen. So it may take years to see these trends in full effect.
In this article, we'll explain three key trends that will shape the future of container shipping.
Overview of Current Shipping Trends
These trends include:
- Environmental sustainability
- Smart shipping containers
- Emergence of mega-ships
Businesses use computers, cell phones, tablets, and other electronic devices to carry out their daily operations. Likewise, consumers purchase products online. As such, the number of shipments moving across borders has increased significantly.
Trade between countries has increased dramatically since the 1970s. Since then, the volume of international trade has risen from $1 trillion to nearly $20 trillion today.
In fact, according to the World Bank, the value of global business grew by almost 25% between 1990 and 2010 alone.
The continuous growth in the container shipping industry has been one of the greatest contributors to economic development over the past few decades.
However, the ability to quickly transport large amounts of goods from one country to another makes it essential that the environmental impacts are smaller than they would otherwise be.
Trend 1: Smaller Environmental Impact
Shipping companies are becoming increasingly aware of the environmental impacts that they have. They're also becoming more conscious of how they can reduce these impacts.
One way is by developing technologies that will help them reduce fuel consumption and emissions.
Hybrid ships
Creating more effective vessels is yet another development that will benefit container transportation. There are already some new designs that offer higher speeds and lower fuel costs.
For example, one design uses a hybrid propulsion system that combines diesel and electric motors.
This combination allows the vessel to switch back and forth between the two types of propulsion depending on what kind of energy source is available at each port.
This design reduces the time spent waiting for the next fuel supply. It also improves efficiency, which lowers fuel usage. As a result, the vessel can save money by reducing its operating expenses.
Alternative fuels
Alternate fuels are being used to power container ships. Some ships run on liquefied natural gas (LNG), while others burn heavy fuel oil (HFO). LNG is cleaner-burning than HFO.
This means that LNG produces less air pollution. However, LNG is expensive to transport. So, it's only practical when you need to cover large distances.
Another alternative is biofuel. Biofuels are made from plants like corn, sugar cane, and soybeans. They are cheaper to transport than LNG and HFO. And they don't require any special infrastructure.
Accordingly, when biofuels become more affordable, they will grow in popularity.
Wave power
Other designs include the use of wave power. Wave power works much like wind power. Waves push against the vessel's hull, which creates movement that turns a turbine inside the ship. The turbine then produces electricity.
This process doesn't add to the pollution already present. It just converts the kinetic energy of waves into electrical energy.
Let's look at another container shipping method that is becoming increasingly popular with customers and enterprises.
Trend 2: Smart Shipping Containers
The IoT revolution is changing the world of logistics. Smart shipping containers are being developed to monitor and control the environment inside transport vehicles on land and at sea. They are equipped with sensors, GPS trackers, solar panels, and wireless connectivity.
Automatic digital records
Smart containers collect and transmit real-time location and environmental information to cloud servers, providing an accurate record of the vehicle's location at any given moment.
This information is then sent back to the customer via mobile apps, allowing them to view live updates on the status of their shipment.
In addition, these smart devices can also be connected to digital freight records, providing detailed information about the cargo's journey.
As a result, shippers may streamline the loading procedure and guarantee they get the best possible price for their goods.
Containers are designed for regulating internal temperatures, tracking locations, enhancing security, and giving operators information that could help prevent potential problems with the cargo.
Data collected from smart shipping container shipments are automatically fed into digitalized shipping record systems, which can then be made available to customers for up-to-date tracking purposes.
In addition, these smart shipping container units can also be equipped with solar panels on their externals and battery packs to store energy.
Efficient tracking
Tracking the movement of shipping containers using traditional methods is usually done manually and needs to be more accurate.
One of the biggest advantages of smart containers is having live communications with autonomous vehicles on land or water.
In addition, smart shipping containers are modernizing the entire process to bring simplified solutions.
These important innovations are pushing the industry forward in efficiency and accuracy. Now we can explore another trend that is taking the world by storm.
Trend 3: The Emergence of Mega-Ships
The emergence of mega-ships is trending because it offers more space than average-capacity ships.
Currently, over a million containers are thought to be traveling the world.
However, this number is expected to increase dramatically as the demand for faster, safer, and more efficient transportation continues to grow due to consumer demand within the shipping industry.
Shipping Efficiency
Mega-ships offer several benefits. For one thing, they provide more room for cargo. They also allow for longer voyages, which means less fuel consumption. And finally, they can carry a larger amount of cargo per trip.
Mega-ships are also becoming more popular due to their ability to navigate through rough seas. In addition, the large size of these vessels makes them better suited to handle heavy weather conditions.
Conversely, there are some downsides to mega-ships:
- They require much more maintenance than smaller vessels.
- They usually have higher operating costs.
- Cargo loading and unloading take longer.
- Only suitable for some types of cargo.
In contrast, the rise in popularity of mega-ships will continue to grow as long as the demand for fast, safe, and reliable transportation remains high.
Conclusion: Technology Is Shaping the Future
The future of container shipping looks very promising. Currently, many fascinating changes are taking place in the sector. With new technology being developed every day, the end of container transport seems limitless.
Smart shipping containers are helping to make the industry more efficient, while mega-ships are revolutionizing the way we move goods around the globe.
Customers are becoming more aware of environmentally friendly fuels and practices. Keeping these key factors at the forefront will propel the shipping industry forward.
A-1 Auto Transport will keep you updated with the trends in the shipping industry. And with our expertise in this field, you can rest assured knowing your goods will arrive safely at their destination.
Now serving over 190 countries with over two million successful deliveries made to date, check out our services to see how we can help you.