E-Commerce and the Maritime Industry

Paper Summary:

The writer of this paper supplies a detailed explanation of e-commerce and how it works as well as the workings of the maritime industry. This paper examines and discusses the various effects of e-commerce the shipping and shipbuilding industries are currently beginning to become involved in. Maritime freight forwarders have long been involved in the fields of information technologies and use these existing and new technologies to keep up to date with many and varied aspects of their business.
Topics covered in this report include:
Thesis Statement
E-Commerce - The Wild Wild West of the Business World
Ship Owners and the Use of Information Technology
What E-Commerce Offers the Freight Forwarders
Opportunities and Threats
Downside Threats to E-Commerce and Shipping
The Future for E-Commerce and Freight Forwarding
Bibliography

From the Paper:

"From the Federal Maritime Commission's point of view E-commerce presents many other issues that shall need careful consideration by many parties along with the two entities to resolve. Therefore, E-commerce and Freight Forwarders particularly maritime forwarders are to say the least worlds apart if not universes apart. This is not to say however that the works of reconciliation are not underway. Indeed there has been much discussion, revision and other efforts to bring the two entities into some form of unison for several years. Dating back as far as the early 1980s the Federal Maritime Commission is devoting great energy in this area as well as have the emerging E-commerce businesses' associations."

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