GLOBAL ECONOMY UNDER SIEGE: FROM ISRAEL-HAMAS TO RUSSIA-UKRAINE

Recent conflicts across the globe, including the escalating Israel-Hamas war and the Russia-Ukraine standoff, are echoing throughout the world’s supply chains and economic arenas. Following this, oil prices soared, stirring concerns over Iran’s potential involvement in the assault. The energy markets are on edge, contemplating broader repercussions if the turmoil ensnares other regional players. On […]

2024 – PIVOTAL YEAR FOR CONTAINER SHIPPING

2024 appears to be a pivotal year for container shipping. The European Commission (EC) has declared it will not extend the exemption for shipping alliances, known as the Consortia Block Exemption Regulation (CBER), beyond its expiry date on 25 April. Introduced in 2009, after previous systems that permitted pricing coordination were banned, CBER enabled carriers to […]

SUPPLY CHAIN RESILIENCE: REVISITING LESSONS FROM COVID

As we transition into 2024, the global supply chain landscape is being redefined, and businesses are implementing new strategies to ensure their resilience in the face of future disruptions. The pandemic exposed vulnerabilities in the extended and interconnected nature of modern supply chains. Over-reliance on single-source suppliers, elongated lead times, and inadequate risk mitigation strategies […]

LOGISTICS INNOVATION

LOGISTICS INNOVATION In the context of the logistics industry, innovation refers to the introduction of new ideas, technologies, processes, or business models that improve the efficiency, effectiveness, and overall performance of logistical operations. Innovation in logistics can encompass various aspects, including: Technology Integration: Adoption of cutting-edge technologies such as Internet of Things (IoT), artificial intelligence […]