ORBCOMM’s new-to-the-market dry container monitoring solution offers unprecedented transparency, cost-effective proof of compliance and untapped commercial opportunities, says an article published on container news website.
- ORBCOMM’s IoT-powered dry container monitoring solution offers a way for shipping lines to differentiate their services, providing transparency, efficiency, security, safety, and sustainability.
- It presents a new era of container tracking with real-time telematics data, empowering stakeholders and contributing to a greener future.
- ORBCOMM introduced an IoT-based dry container monitoring solution to address these operational challenges.
Introduction to Dry Container Shipping Challenges
Dry containers play a crucial role in global trade, carrying around 90% of non-bulk cargo transported by sea. However, the industry faces challenges related to cargo visibility, condition monitoring, and supply chain efficiency optimization.
Impact of Market Conditions
The container shipping market experienced volatility in 2020, rebounded with record profits in 2021, but witnessed a decline in spot freight rates due to reduced consumer demand and pessimistic economic forecasts in 2022. This led to a significant increase in global container ship capacity orders in 2024.
Leveraging IoT for Dry Container Monitoring
ORBCOMM introduced an IoT-based dry container monitoring solution to address these operational challenges. This solution offers shipping lines and operators a cost-effective way to remotely monitor container location and condition in real time as they move through the global supply chain.
Key Benefits and Features
Operational Optimization: The solution enables optimization of asset utilization, reduction of dwell and cycle times, and quick location of lost containers.
Enhanced Oversight: It helps protect operators from insurance claims, assures higher service levels, and provides cargo owners with improved supply chain confidence and quicker issue resolution.
Technological Features and Capabilities
Reliable Connectivity: ORBCOMM’s solution utilizes Global IoT SIM for comprehensive LTE coverage, supporting various wireless sensors through Bluetooth 5 for safety and productivity applications.
Flexibility and Adaptability: The solution supports variable reporting intervals, allowing remote adjustment of message frequency based on container status, and incorporates state-of-the-art solar charging and intelligent battery management.
Interoperability and ESG Reporting
The solution supports industry standard APIs, facilitating data sharing among stakeholders and ensuring compatibility with fleets equipped with IoT devices from various vendors.
It aids in ESG (Environmental, Social, and Governance) reporting by optimizing vessel planning, reducing fuel consumption, and enabling the calculation of CO2 emissions for each stage of the supply chain, contributing to more sustainable operations.
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Source: container news
