SHIPPING

aerial view of blue and white boat on body of water during daytime

The shipping industry plays a crucial role in the economic development of any nation as it facilitates the export and import opportunities for various sectors such as technology, goods, freights, raw materials, and consumer goods. It serves as the backbone of international trade, allowing countries to exchange products and resources, thereby stimulating economic growth and development. Through efficient and reliable shipping networks, nations are able to access a wide range of markets and expand their business horizons. Additionally, the shipping industry contributes significantly to job creation and revenue generation, thus positively impacting the overall economy. Without a well-functioning shipping industry, nations would face challenges in connecting with global markets and capitalizing on international trade opportunities. Covid-19 has affected entire industry due to disruption in Logistics and Supply chain management. It is a continuously evolving sector for India's growth.

HOW SHIPPING INDUSTRY WORKS

Types of ports in the world

How adani's mundra ports work?

How Vadhvan port work?

How logistics system works inside ports

Countries with largest number of ships?

Construction of ships for oil extraction.

AIOT

Artificial intelligence for Internet of Things (IoT) in various industries such as energy, aviation, automobile, and shipping is revolutionizing the process of manufacturing and selling goods. By implementing AI technology, the downtime between production and sales is significantly reduced, ensuring that goods are delivered to the market at the right time. This concept is closely related to the efficient management of logistics, encompassing the timely delivery of information, materials, and resources to the right place and the right customer. With the integration of AI and IoT, industries can streamline their operations, optimize resource allocation, and enhance customer satisfaction through timely and accurate deliveries.