Status Quo – Insufficient Resilience to Respond to Uncertain Events.
According to Clarkson’s statistics, if calculated by weight, the global trade volume in 2020 will be 13 billion tons, of which seaborne trade volume will be 11.5 billion tons, accounting for 89%. If calculated according to the dimension of commodity value, the proportion of seaborne trade volume is also more than 70%.
But at present, due to the impact of the lockdown caused by the epidemic, the crisis in Russia and Ukraine and some other uncertain events, port delays are longer and shipping costs are further pushed up. The RBC said the plethora of issues is having “a domino-like negative compounding effect across markets.”
For example, since the outbreak of the Russian-Ukrainian crisis, insurance companies have increased ship insurance premiums from 0.25% of the ship’s value to 1%-5%; several major European countries have also banned Russian-flagged ships from entering their ports; the top three European container Total turnaround times for the ports of Rotterdam, Antwerp and Hamburg were 8%, 30% and 21% above their five-year normal respectively.
“At present, the resilience of the shipping supply chain to respond to uncertain events is not enough.” Zhao Nan, deputy secretary-general of the Shanghai International Shipping Research Center and director of the Port Research Institute, said that in addition to the increase in shipping costs caused by external factors, the port collection and distribution system also needs to be strengthened.
“Taking Shanghai as an example, the road transport of goods in the hinterland accounts for more than half. During the epidemic lockdown, Shanghai Port adjusted the proportion of collection and distribution in time, increased the waterway and railway transport capacity, and shared some of the transshipment pressure on the road.” Shanghai International Zhao Nan, deputy secretary-general of the Shipping Research Center and director of the Port Research Institute, said that when a problem occurs in a collection and distribution system, if there are two other collection and distribution methods in a port, it can be supplemented in time to respond to uncertain events. capacity will be enhanced.
Written by -Amber
Post time: Jul-04-2022
