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Home / Shipping News / Port News / New global ISO-standard for ship-shore data exchange New global ISO-standard for ship-shore data exchange The culmination of well over three years’ work by NGO’s and key maritime players in both private and private sectors received a major boost this week, with a key missing piece of the puzzle – application program interface standards which are compatible and interoperable – being agreed to in principle by the main global implementors of operational and administrative maritime data exchange systems. This crucial development complements positive advances made in nautical and hydrographical data standards, and will aim to avoid ships having to exchange differently structured data sets with port communities and supply chain stakeholders around the world before, during and after their port call. Standardizing offers realistic aspirations for ships to optimize port calls, reducing emissions and berth waiting time. The invitation, which was sent by NGO industry leaders Jeppe Skovbakke Juhl (BIMCO), Paul Goris (DryBulkTerminalsGroup), Jonathan Williams (FONASBA), Patrick Verhoeven (IAPH), Gregor Stevens (ICS), Paul Owen (IFSMA), Sabrina Delelis (IHMA), Richard Morton (IPCSA) and Ben van Scherpenzeel (ITPCO) puts forward the proposal to co-create a single- and neutral- supporting technical standard under ISO Technical Committee 8 for administrative and operational data. The aim is for this Committee is to continue the work on the alignment of ISO 28005 to the IMO Compendium, assuming responsibility for defining the information exchange needs and application program interfaces (API’s) between ship and shore. ITPCO’s and IHMA’s Captain Ben Van Scherpenzeel commented on the invitation : “This approach ensures that the standard can be accepted and promoted by the IMO and the industry for implementation. It also facilitates sustainable and future-proof maintenance as well as other developments needed to foster data sharing in the maritime industry.” First signatories already confirming their organization’s participation includes: Andrey Vorobiev (Chartworld), Henning Schleyerbach (DCSA), Jaco Voorspuij (GS1),Jan Hartwig, Gerald Hirt (Hamburg Vessel Coordination Center), Nabil Ouzir (IPCSA), Marcel Jumelet (Maersk), Argyris Stasinakis (MarineTraffic), Anders Wendel (Navelink), Robbert Engels (PortXchange), A Martinez (Prodevelop), Magnus Sundström (Sea Traffic Management/ Swedish Maritime Administration), Jose Maldonado (Fundación Valenciaport) and Dmitry Rostopshin (Wärtsilä). The specification and standardization work will be done in an ISO working group with parallel updating of the IMO Reference Data Model. The draft standards will go through the normal ISO process with eventual approval by the member organizations to ISO TC8/SC11. All parties will be called to meet during the second quarter of 2021. Julian Abril – IMO’s Head of Facilitation Section, Maritime Safety Division At the recent IAPH-IHS Markit Webinar (recording available) on the future for ship-shore community data sharing, IMO Head of Facilitation Section of the Maritime Safety Division Julian Abril Garcia confirmed that by 2024- 2025 the 174 IMO member states will be required to use a single window system. According to the recent IAPH survey of 111 ports around the world on the existing requirement to adhere to the IMO FAL requirements on electronic data interchange (EDI), only approximately a third of the sample have operational systems, a third are developing them and a third have yet to commence. Abril Garcia cited the example of how IMO supported the implementation of an open source port community system in Antigua and Barbuda as a potential way forward to close the technological gap. Pascal Ollivier – IAPH Technical Committee Chair on Data Collaboration “The current situation creates the danger of a digital divide between Southern Hemisphere ports lagging permanently behind Northern Hemisphere smart ports”, according to IAPH Technical Chair on Data Collaboration Pascal Ollivier. Ollivier highlighted the leadership taken by governments of Peru and Panama in setting out a legal framework for multi-stakeholder collaboration to ensure maritime supply chain digitalization succeeds, following clear findings in the IAPH survey that this was the main barrier faced by ports together with skills development, not technology nor cost. Henning Schleyerbach – Chief Operating Officer, DCSA An incisive intervention by DCSA’s COO Henning Schleyerbach explained how their container shipping “coalition of the willing” is defining by process mapping how maritime parties need to interchange data, prioritise onboard cybersecurity and take up the “missed opportunity” to optimize port calls. He also advocated the standardization of data interchange given the challenge faced by the liner container shipowner members of DCSA such as MSC and Maersk regularly calling at between 300 -400 of the world’s ports. Lead Transport Economist of the World Bank Martin Humphreys also vouched for his organization’s support towards client countries to develop their digitalization path by means of harmonized maritime-related data and common agreed standards in cooperation with the IMO compendium, ISO, IAPH and other public-private partnerships. He also alluded to the possibility of pilot projects based on open source systems, combined with capacity building and potential grants to facilitate upstream support and potential financial support for implementation. The recently published joint World Bank – IAPH paper “Accelerating Digitalization – critical actions to strengthen the resilience of the maritime sector” outlines a clear roadmap for ports at the beginning of the journey in terms of immediately addressing urgent COVID19 health- related data exchange processes between ship and shore, through FAL requirement adoption of EDI right through to a fully-functioning maritime single window and a cyber-secure, inclusive port community system with the potential for becoming a smart port of the future. IAPH Managing Director Patrick Verhoeven concluded : the progress made on digitalization in the last nine months has been significant.

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American Outdoor Brands boosted by rise in personal protection, outdoor lifestyle activities The company's shares surged more than 11% in after-hours trading on the announcement Retail, road trip stocks will see 'pent-up demand' in 2021: Wealth Enhancement SVP Wealth Enhancement SVP Nicole Webb gives her outlook for the stock market and advice on investing throughout 2021. Outdoor sports and recreation retailer  American Outdoor Brands saw net sales across its portfolio grow 91% in the company's third quarter . AMAZON HAS BECOME TOP U.S. CLOTHING RETAILER, OUTSELLING WALMART, TARGET: REPORT "Growth occurred in nearly all of our 20 brands," President and CEO Brian Murphy said in the company's earnings release Wednesday. "Our top selling products in the quarter came from each of our four brand lanes - the Marksman, Defender, Harvester, and Adventurer - reflecting the alignment of our brands with strong consumer participation trends in personal protection and the outdoor lifestyle activities." Net sales for the third quarter were $82.6 million, an increase of $39.3 million, or 90.7%, compared to net sales of $43.3 million for the comparable quarter last year. Net sales for e-commerce increased 129%. Sales jumped 68.5% via "traditional channels"  such as retail sporting goods outlets. "This result demonstrated our highly leverageable platform, which is made possible by our earlier investments in our e-commerce and logistics capabilities," Chief Financial Officer Andrew Fulmer added. GET FOX BUSINESS ON THE GO BY CLICKING HERE The company reported a profit of $8 million, or $0.56 per diluted share, compared with a net loss of $147,000, or $0.01 per diluted share, for the comparable quarter last year. For the period ending Jan. 31, the outdoor-accessories company said earnings per share were 56 cents, compared with a loss of 1 cent in the comparable quarter a year ago. Adjusted earnings were 82 cents per share. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was $15.8 million, or 19.1% of net sales, compared with $3.4 million, or 7.9% of net sales, for the comparable quarter last year, representing growth of 360% compared to the same quarter a year ago. The company ended the quarter with $45.5 million in cash and no borrowing on its $50 million senior secured credit facility, which is expandable by an additional $15 million under certain conditions. The $110 million in available capital will be used to support the company's organic growth as well as any potential future acquisitions. Looking ahead to the full fiscal year ending April 30, American Outdoor Brands expects earnings per share to be between $1.07 and $1.14 on net sales in the range of $268 million and $272 million. On an adjusted basis, earnings per share is expected to be between $2.08 and $2.15.
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