MagicPort

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MagicPort

MagicPort

@MagicPortCALL

Digital tools, network & intelligence for smart port calls.

Singapore Katılım Mart 2023
101 Takip Edilen46 Takipçiler
MagicPort retweetledi
Ali Gara
Ali Gara@aligaraMP·
I often hear people pitying us for being in such a difficult industry. Shipping is a tough, conservative industry - can you really make money there?! Shipping industry generates $500 billion+ in revenues, if we add fuel, port & terminal dues and services the total industry size is closer to $1 trillion. To put that in perspective - there are only 19 countries in the world with $1 trillion+ GDP. There is so much to do, we sometimes get too excited to sleep. I tell people, if we do a good job - there are definitely people who can pay us, do not worry 😀 #maritime #ShippingIndustry #SmartShipping #PortCalls #MagicPort
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MagicPort
MagicPort@MagicPortCALL·
Shipping is a trillion dollar industry. Ranking shipping as a country in global GDP list would put it in the top 20. Seaside transportation cost is about 7% of the value of goods transported, or $81 per ton (& 80kg GHG per ton). #ShippingIndustry #SmartShipping #PortCalls
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MagicPort retweetledi
Ali Gara
Ali Gara@aligaraMP·
People rolled their eyes, when I told them I am leaving finance to start shipping tech company. Shipping is anything but boring. Most of what we use daily arrives by ship. It's the engine of the global economy. At @MagicPortCALL we are excited how intelligence and automation will transform this industry and the world that depends on it. Take a look 👉 magicport.ai
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MagicPort retweetledi
Ali Gara
Ali Gara@aligaraMP·
Can planned US levy on China-linked ships cause up to 1% inflation? 👇 👉 In @MagicPortCALL database, I can see 37,000+ US port visits from foreign countries 👉 95%+ are ships made outside of the US 👉 around 30% are ships made in China 👉 if you want to charge each China made ship visit $1.5 million that's $15 billion+ 👉 the extended levy proposal, charging any owner who has Chinese made vessel in fleet, will quickly take that to $30billion+ fee 👉 my guess is all shipping companies together make about US$100billion in earnings 👉 $30billion+ is a significant cut into shipping earnings, they will pass it to end customers 👉 value of US imports is about $3 trillion, so if everything was to flow through 100% to end customer, that's 1% inflation. This is quick, back of the envelope calculation, would like to hear thoughts.
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MagicPort retweetledi
Ali Gara
Ali Gara@aligaraMP·
Attacks in the Red Sea remind people of shipping! Piling complex emissions regulations with questionable outcomes by @IMOHQ & @EU_Commission is making life harder for shipping & puts the majority, smaller operators around the world at disadvantage. #RedSeaAttacks #shipping
Nikkei Asia@NikkeiAsia

OPINION: Attacks on cargo vessels in the Red Sea by Yemen's Houthi movement are causing headaches for shipping lines. Regulators shouldn't pile on with stifling and complex new rules for tracking, reporting and reducing emissions, writes Ali Gara. s.nikkei.com/3vBWt3i

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MagicPort
MagicPort@MagicPortCALL·
Our industry in few big numbers as described in @UNCTAD Maritime Review. We can act today to make shipping more efficient and sustainable.
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MagicPort
MagicPort@MagicPortCALL·
People often ask why shipping?!
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MagicPort
MagicPort@MagicPortCALL·
Hello World!
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