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Port Agency

The maritime industry to ready itself for a new way of operating

A report by Deloitte “Global Port Trends 2030” summed up what to expect moving forward Deloitte pointed out that ports will turn to maximising currently available space to boost operational productivity and sustainability. This will also involve close collaboration with other ports via technology. Technology is just a prelude Apart …

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Bottlenecks and resulting supply shortages to persist for some time

It might be a long wait before prices stabilise for everyone This whole year has been nothing less than apocalyptic for several economies. Port congestions brought forth series of business conundrums, aggravated by climate-related pressures. Soaring shipping rates also became the public enemy. Obsession with inflation warranted When port congestion …

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North America, Western Europe and Singapore may reach normalcy sooner

normalcy

Normalcy is possible and ultimately determined by how nations manage their issues Despite current port congestions and bottlenecks crippling world supply chains, some countries have a stronger chance to return to normalcy sooner. The key is skilfully navigating the challenges. Looking back In July 2021, when port congestions were at …

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Shipping delays not expected to recover soon

port

Despite Yantian’s gradual restoring port operations, improvements would not be immediate Yantian, the world’s third-largest port, suffered a week’s closure after detecting COVID-19 cases. Local authorities implemented preventive measures to contain the outbreak, and it appeared to have paid off. However, industry experts warn not to expect immediate restoration to …

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