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Holiday shopping has started early amid fears over shipping delays

Ware2Go

When products are available, shipping has gotten choked up due to historically heightened demand , COVID-related port shutdowns and storm-created chaos. Seventy-three cargo ships await unloading at the ports of Los Angeles and Long Beach on Saturday, a record. Port closures and shipping container shortages.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.

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Delta outbreaks spur supply chain woes

Resilinc

Most impacted are Asian exporters such as China, Vietnam, and Malaysia where rigorous policies to contain any COVID-19 outbreaks are leading to factory and port shutdowns. Outbreaks in Vietnam and other Asian countries are being met with strict quarantine and distancing policies to prevent the infections spreading.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

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Ho Ho No! Port Congestion and Supply Chain Delays Threaten to Disrupt Christmas

Resilinc

The extreme port congestion and container shortages that drastically reduced shipping out of Southern China last month have eased, but as freight volumes from Yantian and other Pearl River Delta ports recover, the rebound will send another wave of disruptions through the troubled global shipping network, according to American Shipper.

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

In line with these pandemic times, while the ASEAN meeting was nominally held in Hanoi, Vietnam, it was a virtual signing ceremony that saw 15 countries in Asia Pacific become part of what is now the world’s largest free trade agreement, representing 30 percent of global gross domestic product and encompassing almost 2.3 billion people.

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Doing Business in South Korea

QAD

South Korea has 71 airports with paved runways, more than half of which can support cargo jets. As of 2019, it has 1,880 vessels, of which 83 are bulk carriers, 86 are container ships, 368 are general cargo ships, and 187 are oil tankers. The country also has 466 heliports. With a workforce of 27.75 Special Circumstances.