At the midway point of the second quarter of 2024*, the market remains turbulent, marked by persistent challenges such as the Red Sea crisis, Overcapacity, Gemini Cooperation, ILA, Panama Canal, and ETS-induced disruptions. Risk management and contingency planning will continue to take a prominent role as opposed to accurate forecasting and just-in-time logistics.
PSA BDP's Andrew McLoone recently hosted ocean freight expert Lars Jensen in a webinar, which provided invaluable insights into the current state of the ocean freight market. Request access to this recorded webinar below to gain a deeper understanding of the ongoing bottlenecks in the supply chain and the implications for businesses worldwide.
*Since the webinar aired at the end of April, some new developments have occurred in the spot market.
