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BIMCO's Chief Shipping Analyst Peter Sand will be speaking on "Making Sense of an Extraordinary Container Shipping Market" during TOC Connect at the Ahoy Centre in Rotterdam.
After a challenging 18 months, there is optimism growing across the globe that we are now on an upward turn where we could return to a sense of physical and economic normalcy. The pandemic still looms large with countries at various stages in its battle to suppress the virus but thanks to never before seen worldwide vaccination drive, it seems like the world can begin to look forward and ascertain its role in what is a re-shaped world order.
Container freight rates are at record levels, trade growth is expected to grow in 2021, a higher trade-to-GDP multiplier and the shipping orderbook being once again reopened with high investment in new vessels.
However, in this new world order, where customers are seeking transparency and visibility from the industry, bottlenecks and delays are now a standard in certain parts of the supply chain and after the Evergreen incident in May, the industry is firmly in the headlines.
KEY TALKING POINTS FOR TOC CONNECT:
Other speakers at the session are Lamia Kerdjoudj-Belkaid, Secretary General of FEPORT, and Stijn Rubens, Senior Advisor, Supply Chain Advisors at Drewry.
The overall theme of TOC Connect is "Bringing the Globe's Ports and Terminals Back Together".