Port congestion, a persistent problem in maritime logistics, continues to plague the ocean freight shipping industry to this day. However, it is important to understand the causes, the affected parties, and the strategies for safeguarding your business during such circumstances. In this blog, we are going to unravel the reasons behind port congestion and provide…
The ports play one of the most important parts in the container shipping industry by connecting goods with the exporters and importers. They form an integral component of international supply chain operations and have now transformed themselves into an entire ecosystem. These days, the concept of smart ports is in vogue. Simply put, smart ports…
Years of economic development have positioned China as one of the foremost players of international maritime trade. Several factors like enhanced maritime connectivity, government prioritization, development of port infrastructure, etc. have generated fantastic economic benefits for the country. Simply put, in 2022 we are seeing a massive influence of the Chinese ports over the global…
The tremendous growth of consumer demands for commodities has made the sea freight shipping industry a pivotal support system for trade and commerce all over the world. As per a report by the UNCTAD, over 80% of international trade is carried on via sea freight thus making it the backbone of international trade. However, since…