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How the Suez Canal blockage proves technology has the power to transform the shipping industry

Gravity Supply Chain

Guy Platten, secretary-general of the International Chamber Of Shipping – ICS , reported: “This kind of incident is rare, and it is a relief to see that no crew were injured and there has been no pollution.” The damage done to the global supply chain will be significant.” PANIC STATIONS.

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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.