Q. Tell us about the expansions that happened in 2019 at Transworld Group Singapore?
We had to be a lot more watchful this year, but I can still say that 2019 has been a better year than 2018 for us. We have been able to expand into more locations within the Asian subcontinent and it has given us the kind of flexibility very much required. For instance, in China we were not very strong because we always felt it is a place for only mainline players, so there is no place for a regional operator like us. Likewise in the Middle East we thought it was more for the far east-middle east operators. But we have expanded into these locations, and our most recent foray was in Dubai where until recently we were operating through an agent. It was functioning fine, but I believe our strength comes with our own offices in these economies. In 10 different strong economies of Asia we have our own offices as Transworld GLS. We know where the connections are between the locations and we don’t wish to follow what the other operators are doing from the west coast.
Q. At the macro level people are talking about slowdown, the impact of US-China trade war and some geopolitical issues. How do these effect an operator? The slowdown overall would come to America and China because they are involved in the trade war. China basically being the biggest supplier to the world may, in my view, loose some business, which means there could be some shift of that loss into other major economies like Vietnam, Malaysia and Indonesia. These are very strong economies in Asia and even India might benefit from the trade war. The mainlines doing China-America services may suffer because of this trade war, but for regional operators, the strong regional economics are getting even stronger.
この記事は Maritime Gateway の January 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Maritime Gateway の January 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Impact Of Covid-19 On Shipping And Logistics
Industry stalwarts discuss threadbare the prevailing logistics and supply chain scenario and issues in clearing cargo during the COVID-19 lockdown
Digital Platforms Defy Lockdown
Digital trading modules such as eNAM are enabling farmers to move their produce from farm to market even during the lockdown
GARMENT TRADE TRAMPLED
As retailers face a shutdown in US and Europe, the cascading affect has caused mass cancellation of orders in Bangladesh
TRADE RESUMES WITH CHINA
While India has allowed uninterrupted movement of imports into Nepal even during lockdown, China is reopening its borders as it emerges from the pandemic
LESS HUMAN INTENSIVE, MORE DATA DRIVEN
AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai
SHAKEN AND STIRRED
The COVID-19 pandemic has partially paralysed the logistics and supply chain, but the industry is still deterred to ensure supply of essentials continues
TRADE STUCK, ECONOMY SLOWS DOWN
Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown
LENDING INTELLIGENCE TO SUPPLY CHAIN
If you’re shipping millions of dollars’ worth of pharmaceuticals, high-end electronics, expensive seafood, or precious metals, what would you be willing to pay for the ability to ‘ask’ your shipment where it is right now and whether it’s ok? What would you pay for a freight smart enough to raise an alarm before it spoils? Artificial Intelligence enables that and much more…
CONTAINER LINES SIGNAL ‘SOS'
As the per-unit cost of operations increases many lines are forced to blank sailings which has hit their bottom line real hard. The Government and Terminal Operators therefore need to actively consider reduction in Vessel Related Costs
IMO 2020 And The Covid-19 Curse
The COVID-19 outbreak has shaken and stirred the already volatile bunker market. While the refiners adjust their capacities and shipping lines choose their path to compliance, the market dynamics are yet to reach an equilibrium
