Shipping containers perform a critical role in the global trade & commerce industry. This can be gauged from the fact that ocean carriers are responsible for transporting 90% of the world’s finished goods & raw material, where shipping containers themselves constitute a major portion of this volume. Any disruption in the free movement or availability of containers for trade leaves behind ripple effects in industries dependent on raw materials as well as the consumer goods market. It also impacts various other activities reliant on the shipping industry.
