Blog

Demurrage fees are a significant expense for shippers that can cut into their profits. These fees are incurred when cargo exceeds the allowed free time to load or unload at a port, and they can add up quickly. However, by taking proactive steps and making smart decisions, shippers can avoid…

In the maritime industry, demurrage is a term that is frequently used but often misunderstood. A better understanding of demurrage and what can be improved is an important goal for maritime stakeholders.

With the help of public data and AI, Teqplay has created a Digital Twin solution which acts as a shared point of truth. This bottom-up approach of creating a shared point of truth can become next-level by extending it with information that is not publicly available.

Digital transformation is fundamentally changing how maritime businesses operate and delivers value to customers. It is essential for maritime businesses to undergo digital transformation in order to stay relevant and thrive in today’s digital economy.

With big data, shipping companies can access and analyze vast amounts of data in real-time, enabling better and more informed decisions.

Everyone wants a piece of the DT pie and the benefits the transformation promises. That said, it is one thing to want, but to actually succeed in doing so is another thing entirely. There is no doubt that successful DT will bring the maritime sector to a new height, but…