SUNIL K VASWANI EXECUTIVE DIRECTOR, CONTAINER SHIPPING LINES ASSOCIATION (INDIA)
The Covid-19 crisis has brought with itself a new set of challenges both from the health perspective as well as from the business angle. The Shipping Lines, who are well sensitized towards this situation, have taken steps to ease the pain for the trade as far as possible.
This story is from the May 2020 edition of Maritime Gateway.
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This story is from the May 2020 edition of Maritime Gateway.
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Impact Of Covid-19 On Shipping And Logistics
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GARMENT TRADE TRAMPLED
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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
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LENDING INTELLIGENCE TO SUPPLY CHAIN
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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
