A survey by Kale Logistics Solutions looked at 200 ports and found that 30% aren’t prepared for the International Maritime Organisation’s (IMO) Maritime Single Window (MSW) mandate, set to become compulsory on January 1, 2024.
The survey emphasized the need for the industry to speed up its digital transformation. High implementation costs, long timelines, and varying digital readiness levels were cited as major obstacles to meeting the regulatory requirements.
The study covered ports in Asia Pacific, Middle East, Europe, Africa, North America, and South America, underlining that Port Community Systems with an MSW are crucial for port success.
Vineet Malhotra, Co-Founder and Director of Kale Logistics Solutions, highlighted the potential savings of up to $50 billion annually through MSW adoption, provided it’s fully embraced. However, the report reveals that ports are facing barriers to digitalization.
MSW platforms offer sustainability benefits by reducing paperwork and improving information exchange, ultimately lowering emissions and environmental impact.
On average, 12 agencies collaborate on a single ship-shore operation. MSW simplifies documentation procedures between them and ensures information only needs to be inputted once.
Kale’s MSW platform complies with IMO standards and will be mandatory from the beginning of 2024.
The study is expected to pave the way for a digital revolution in the global maritime industry, demonstrating the potential for digitization to bring order and achieve sustainability goals.