Despite a tough economic environment, the shipping industry is experiencing “… relatively good results” according to BIMCO.
There is no doubt that growth is slow vs previous industry standards, but to be able to continue to post positive results despite uncertainties including the ‘Trade War’ between the USA and China, the implementation of IMO 2020 sulphur tariffs and the continued slowdown in global manufacturing, this growth can only be viewed as encouraging.
However, any encouragement should be treated with caution, with several concerning trends set to emerge in 2020, including the container industry about to go through a period of adaption and adjustment as it seeks to comply, react and navigate itself in this new world order.
How do you plan to optimise your approach to ensure you adapt at this time of high volatility for the globe’s supply chains? Here’s the place to discover the best strategies suited to your business that guarantee continued productivity