Author: Jitendra Bhonsle

In the last part of the series on the advantages and disadvantages of mega vessels for various stakeholders, we will examine the impact on Exporters/ Shippers/ BCO (Beneficial Cargo Owners), i.e. the entity owning the cargo.

The most obvious and visible trend that has been gaining ground since the third quarter of last year was the decline in ocean freight rates. This article will discuss major trends defining supply chains and shipping in 2023. 

After covering the advantages and disadvantages of mega vessels for Container Carriers/ Shipping Companies, we will explore how these behemoths’ deployment affects Port and Terminal operators (another major stakeholder in the transport process). 

Let’s delve into the factors that shippers consider to select container carriers -and understand how they influence the decision of which carrier to use and the relative importance of each element.

Let’s take a look at the relative merits and demerits of owning or chartering vessels, as well as Carrier strategies when it comes to evaluating whether to own vessel or charter.

In this article, we will delve into certain other factors that will undeniably exert considerable influence on the container industry, over the course of the next 2 to 3 years.

Let’s take a look at the underlying trends that are expected to influence the container shipping industry in 2022, and analyse the direction and magnitude of their impact on the commercial environment and operational aspects of the industry.