Sailing Through Tough Times
ET Polymers|February - March 2021
Operational visibility and automation central to maritime logistics of the future
Mr. Huseni Vohra, Regional Sales Director - Ocean Insights
Sailing Through Tough Times

While we can say with relative certainty that we are at the tail end of the COVID-19 pandemic—courtesy of the vaccines—the consequences of the pandemic are yet to be lived through. As with several industries, the COVID-19 impact on the supply chain industry has been total. The pandemic wreaked havoc on every segment of the value chain, forcing uncertainties within freight demand and capacity availability.

The maritime ecosystem suffered as oscillating freight volumes and grounded container lines crippled stakeholders financially, even as they lay burdened with added pandemic-based expenses over worker health and safety. However, as the pandemic’s first wave subsided and economies reopened for business, pent-up demand came rushing back, peaking at the year-end holiday season.

The sustained increase in container demand on trans-Pacific and Asia-Europe lanes saw freight rates more than double their usual levels. As carriers struggled to get empty containers back to Asia, cargo rollovers continued to increase globally across all major transshipment ports.

هذه القصة مأخوذة من طبعة February - March 2021 من ET Polymers.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February - March 2021 من ET Polymers.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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