Eighteen months into the COVID-19 pandemic and shipping bottlenecks are challenging companies to meet demand. The global outlook is uncertain, however, that does not mean doom and gloom, making way for a new thought process.
Global supply chains have been and continue to be deeply impacted by the changes that have taken place in the last 12 months. From the Suez canal debacle to the current shortage of HGV drivers in the UK, it is fair to say that the industry is, currently, facing significant challenges.
Operations everywhere have been impacted by the pandemic, though the obstacles faced in collateral management remain particularly challenging.
We dive deeper into how Covid-19 impacted the shipping industry. Will the cruise liners be able to financially recover from this outbreak?
TFG heard from Alexander Goulandris the co-CEO of essDOCS about the different solutions for paperless trade. He exclusively announced the launch of a new product called CargoDocs Match, which will enable trade finance banks to continue to provide BPO-related solutions to their customers after SWIFT discontinues support for the Trade Services Utility (TSU) in 2020.
A Bill of Lading (abbreviated to B/L) is one of the most important documents in the global trade transactions. A B/L has 3 basic purposes or roles: Evidence of Contract of Carriage… read more →
South Africa has been ranked as the number 39 most innovative region within the Sub – Saharan Africa. Cargo handling and marine services in the ports, as well as cargo… read more →
DAP (Delivered at Place) is one of the most popular Incoterms used in Europe, it is also one of the most popular used for e-commerce. Learn how to use it… read more →
We spoke to Johnatas Montezuma, a shipping expert and specialist in complex supply chain solutions for some useful incoterms and shipping suggestions for first time exporters. A supply chain expert… read more →
For decades, the shipping industry has helped many countries improve their economic situation, allowing many businesses to acquire their much-needed resources and develop products demanded by the market. And it… read more →