bob10
1st December 2020, 08:21 AM
International maritime trade is projected to recover and expand by 4.8 per cent in 2021.
But the report suggested big changes in the industry, particularly around supply chains, are highly likely.
“In addition to the oversupply of ship capacity, which remains a concern for carriers, the pandemic and its fallout will heighten competitive pressures and drive stakeholders in the maritime transport sector to increasingly tap new business opportunities to ensure relevance, profitability and business continuity,” the report read.
“Some shipping lines and port operators have been taking greater interest in potential business opportunities that may exist in the supply chain through inland logistics. The aim is to be closer to shippers and emerge as reliable end-to-end logistics service providers.”
Existential questions for globalisation remain - MarineTraffic Blog (https://www.marinetraffic.com/blog/existential-questions-for-globalisation-remain/?utm_campaign=November2020_segmentD_Newsletter&utm_content=blog_unctad&utm_medium=email&utm_source=MT-monthly-newsletter)
But the report suggested big changes in the industry, particularly around supply chains, are highly likely.
“In addition to the oversupply of ship capacity, which remains a concern for carriers, the pandemic and its fallout will heighten competitive pressures and drive stakeholders in the maritime transport sector to increasingly tap new business opportunities to ensure relevance, profitability and business continuity,” the report read.
“Some shipping lines and port operators have been taking greater interest in potential business opportunities that may exist in the supply chain through inland logistics. The aim is to be closer to shippers and emerge as reliable end-to-end logistics service providers.”
Existential questions for globalisation remain - MarineTraffic Blog (https://www.marinetraffic.com/blog/existential-questions-for-globalisation-remain/?utm_campaign=November2020_segmentD_Newsletter&utm_content=blog_unctad&utm_medium=email&utm_source=MT-monthly-newsletter)