Global Ocean Freight Situation Post COVID-19

The COVID-19 outbreak not only significantly impacted people’s livelihoods, but presented insurmountable challenges for the ocean freight sector. The maritime industry is responsible for facilitating approximately 90% of global trade.  However, it constitutes multiple intertwined moving parts whose disruption has cascading effects. Unfortunately, COVID-19 turned out to be the disruptor whose ripple effects almost crippled … Read more

10 Reasons for Ocean Freight Delays

While supply chains globally have been trying to brush off the havoc created by the pandemic, frequent container line delays have been like a sore thumb and have complicated the path to recovery. 2021 saw only around 40% of container ships arriving at ports on time.  The beginning of 2022 gave us a glimmer of … Read more

Factors That Affect Ocean Freight Rates

ocean freight rates

Over 90% of the trade across the world is carried via the sea.  Other transport options like air freight have their advantages in terms of a quicker delivery but have certain limitations as well.  As a rule, shipments that weigh over 100kg are sent via sea freight. Additionally, the ocean route is a more budget-friendly … Read more