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November 11, 2024
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October 29, 2024
The ocean shipping industry is undergoing a significant digital transformation, driven by the need for enhanced visibility, efficiency, and cost-effectiveness. One of the most notable trends in recent years has been the increasing adoption of satellite Internet of Things (IoT) technology for container tracking.
Satellite IoT to Shipping Firms.
t42, a leading provider of satellite Internet of Things (IoT) solutions, has made significant strides in enhancing ocean shipment tracking. The company has successfully supplied its cutting-edge satellite IoT technology to over 50 shipping firms worldwide. These innovative solutions enable real-time monitoring of container locations, temperature, and other critical parameters, providing shippers with unparalleled visibility and control over their shipments.
Major shipping companies are leading the charge in digital transformation. By 2025, these companies, responsible for 80% of global trade, plan to equip 25% of their containers with smart technology. Sateliot's innovative service enables seamless integration of satellite NB-IoT without requiring hardware modifications, further accelerating this digital shift.
Exemption from BoC Container Tracking System
Exporters are actively advocating for an exemption from the Bureau of Customs (BoC) container tracking system. While the system aims to improve transparency and efficiency, exporters argue that the additional costs and complexities associated with compliance can be burdensome, particularly for small and medium-sized enterprises (SMEs).
Ethiopia's Step towards Logistics Digitization
Ethiopia's pioneering electronic cargo tracking and monitoring system has successfully completed its testing phase and is on the brink of full operational deployment. The system, initially equipped with 1,400 digital cargo tracking devices, will be distributed free of charge as a government-funded initiative.
Spearheaded by the Ethiopian Customs Commission in partnership with the Ethiopian Artificial Intelligence Institute and the Minister of Transport and Logistics, this comprehensive system employs secure locks to safeguard cargo while tracking its status in real-time.
While primarily focused on cargo security, the system's GPS tracking modems also provide valuable insights into vehicle location, speed, direction, and route.
Conclusion
Satellite IoT is playing a crucial role in transforming the ocean shipping industry by providing enhanced visibility, efficiency, and security. As technology continues to advance, we can expect to see even more innovative applications of satellite IoT that will further revolutionize the way containers are tracked and managed.