đ Business Intelligence Theatre
The last three years have impacted maritime & logistics significantly. From covid-induced lockdowns around the world and the resulting port congestion, to the Russia-Ukraine war and the political tensions between the US and China over Taiwan, global trade has witnessed unprecedented disruption. As travelling and consumption of services became limited, purchasing patterns shifted towards e-commerce, stressing supply chains as producers, cargo owners and shipping lines found themselves unable to replenish inventories and meet demand, leading in turn to what experts referred to as a âcontainer crisisâ. Although port congestion seems to be easing as the world reopened in 2022, supply chains remain under stress. From the carriersâ perspective, 2023 starts with the dissolution of the 2M alliance scheduled for January 2025 as both A. P. Moller Maersk and MSC pursue individual growth strategies. It remains to be seen how freight rates are to be affected in a market with more intense competition.
The current geopolitical scenario and the consequential economic sanctions, the rising inflation and protectionist measures on certain goods, have only intensified the general recession inherited by the pandemic, which translates into a predicted decrease in trade and economic growth for 2023. Further to these indicators, ports and terminals - and other sectors as well have been faced with unprecedented worker strikes in recent months. On a European scale, the cost of living and energy crisis have impacted the purchasing capacity of end-users, particularly in the United Kingdom, where the reality of Brexit is in fact driving the country to look for new Free Trade Agreements (FTAs) outside of Europe. Under these circumstances, agility, flexibility, and visibility are paramount for freight forwarders and cargo owners if they are to adapt to an ever-changing landscape for trade.
KEY TALKING POINTS
Economic outlook on maritime trade for 2023-24: What can we expect?
How is the reality of Brexit affecting trade for Europe and the UK?
Assessing the effects of international geopolitics and protectionist measures upon maritime trade
How are inflation and recession affecting supply chains and maritime trade?
Measuring the economic and business implication of worker strikes in maritime trade
What are key action points for maritime & logistics stakeholders to navigate the present uncertainty?
How is the dissolution of the 2M alliance going to affect freight rates in the short and medium-term? What strategic movements can we predict from major industry stakeholders after this?
SPEAKERS
THE RIGHT DATA, WHERE TO GET IT AND HOW TO INTERPRET THEM - XENETA'S MARKET OUTLOOKPeter Sand, Chief Analyst, Xeneta
DIVERSIFICATION AND DIVISION IN THE GLOBAL CONTAINER TRADE - WHAT DOES THIS EAN FOR THE EUROPEAN PORT SECTOR?Eleanor Hadland, Senior Analyst - Ports & Termnals, Drewry
PRESENTATION TITLE TO BE ANNOUNCEDLars Jensen, CEO, Vespucci Maritime
PRESENTATION TITLE TO BE ANNOUNCEDLamia Kerdjoudj-Belkaid, Secretary General, FEPORT
