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Container Stowage Planning and its Importance
Weight distribution in container stacks directly affects a vessel’s stability.
Where did all the containers go?
2021 has started with a global shortage of containers and vessel space on container vessels. There are a number of reasons that led to this ‘perfect storm’ that has left importers and exporters around the world scrambling for containers.
THE IMPACT OF THE PREVAILING CONTAINER SHORTAGE CRISIS ON SUPPLY CHAIN
The current shipping container scarcity has left the global trade and commerce industry reeling under one crisis after another. What began as an early consequence of the pandemic continues to bring untold misery to the shipping industry. How did the post pandemic events play out in the supply chain, and how do they continue to impact the industry?
International Shipping Containers vs Domestic Containers
International shipping containers serve as crucial components of global trade, operating within a network of vessels navigating international waters. However, beyond their primary purpose, these containers offer immense potential for domestic use, serving as cost-effective solutions for various logistical challenges. International shipping containers can be considered as an extension of a ship which is expected to sail on international waters again within a specified time (usually 6 months). In India, if containers are intended for use within the country, they must be domesticated by paying import duty.
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