6 Reasons That Lead To Port Congestion

6 Reasons That Lead To Port Congestion

[ad_1] Empty store shelves, out-of-stock products, and apologetic salespeople citing shipment delays are some of the main reasons for customer dissatisfaction. Sure enough, the blame can be pinned on a lack of proper supply chain logistics. But, look a bit more...
What is GDP Multiplier Ratio in Shipping?

What is GDP Multiplier Ratio in Shipping?

[ad_1] The GDP Multiplier Ratio is a relatively little-known concept. Still, it is widely used in container shipping while evaluating the potential of new markets, preparing commercial plans and formulating long-term strategies, and prioritising CAPEX allocation when...
Understanding Maritime Towage And Salvage

Understanding Maritime Towage And Salvage

[ad_1] When a car breaks down, we call the towing company to have it towed away, moved to a safe place or workshop, and have it repaired. This is quite normal when the mode of transport is over land, though uncommon for heavy vehicles because of their size and...