article thumbnail

The Potential Impact on Shipping of a Global Recession

Intelligent Audit

The question now is what will the impact of such a recession be, particularly on shipping. What Happens to Shipping. Shipping, especially global shipping, is uniquely vulnerable to recessions and the effects of the downturn of 2008-2009 are still being felt today. Which, in turn, will drastically impact shipping.

article thumbnail

Container ships to soon ‘sea’ low-carbon investments

Resilinc

Container ships are the backbone of world trade. According to Statista, the world’s merchant container ship fleet grew from 11 million metric tons (mt) of deadweight tonnage (a measure of a vessel’s weight-carrying capacity) to 275 million mt in 2020—a 2500% increase.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. E-commerce models exacerbated this trend while supply variability challenged order reliability. What is normalcy?

article thumbnail

Ocean Shipping Trends: What to Expect in 2019

CH Robinson Transportfolio

This has been an interesting year for the ocean shipping industry. Ocean carriers were mostly profitable at the end of 2017, but that trend eroded quickly in the first half of 2018. Will this trend continue into 2019 and beyond? Or, yet again, is this just a temporary recovery, as the trend has been since 2008?

Trends 39
article thumbnail

Ocean Shipping Trends: What to Expect in 2019

CH Robinson Transportfolio

This has been an interesting year for the ocean shipping industry. Ocean carriers were mostly profitable at the end of 2017, but that trend eroded quickly in the first half of 2018. Will this trend continue into 2019 and beyond? Or, yet again, is this just a temporary recovery, as the trend has been since 2008?

Trends 34
article thumbnail

8 Things to Know in Shipping, Freight, Logistics & Supply Chain this Week

Intelligent Audit

Consumer Trends Reveal Same-Day Delivery Is a Necessity. In a webinar shared by Roadie and Supply Chain Dive , McKinsey and Company partner Manik Aryapadi spoke with Roadie Head of Marketing Mary Frances Jones about 2022 trends in last-mile fulfillment. Avoiding The Next Global Food Crisis May Start with Diversifying Staple Items.

article thumbnail

Responding to the 2023 IMO GHG Strategy

The Logistics & Supply Chain Management Society

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).