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Digital twins in shipping are used to create digital replicas of natural-world objects and ideas to test them under potential scenarios and note the success and failure rate of the assets and ideas. The shipping industry is immensely benefitting from the integration of digital twins as it helps improve operational efficiency and helps in cost savings that would be otherwise wasted in implementing and introducing faulty ideas and assets in the shipping market. Let us learn more about the use of digital twins in shipping .    Why is technology used in shipping?   In earlier days, importers and exporters used to conduct shipping activities by manually approaching shipping companies or ocean carriers to transport goods internationally using different modes of transport. The 3PL or 4PL logistics providers were also away from technology, which disabled them from tracking the shipment on its journey and caused miscommunication between the shipping parties due to a lack of trans...

The applications of 5G in logistics activities are helping the shipping industry in improving its operational efficiency, global connectivity, and productivity. All systems in the supply chain are interconnected at a micro level and require an internet connection with fast speed and lower latency to allow seamless data and information sharing across systems and other connected devices. Learn more about how 5G benefits logistics to improve supply chain management.    Role of technology in logistics   Technology is taking over many significant industries, including those associated with the global supply chain. The shipping, container, logistics, and transportation industries have transformed and are reaping the advantages of technology. The logistics industry is an essential part and the backbone of the supply chain that controls shipping activities of containerisation, such as procuring goods or raw materials, order processing, management, material handling, warehousing...