Elementum

JULY 18, 2016

A destabilized shipping route drives up costs in more ways than one, but how close are we to a problem that has yet to definitively present itself? of ASEAN’s total trade, set Australia back a good $20M in cargo annually, and cost $270 and $600M in rerouting for South Korea and Japan, respectively, every year.

South Korea 60

South Korea China Shipping Australia 60

Abivin

DECEMBER 5, 2022

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.

Panama 52

Panama Egypt Asia 52

Enterra Insights

FEBRUARY 20, 2024

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.

Supply Chain Planning Software 130

Supply Chain Planning Software Security Supply Chain Software Global 130