Much of the current state of the world shipping industry can be pinpointed to one key driver: COVID.
In a new policy brief, the UN Conference on Trade and Development has confirmed that there has been an increased import demand for manufactured consumer goods, “a large part of which is moved in shipping containers”. The UNCTAD also notes that the lessening of lockdown measures, varying recovery worldwide,...
Shipping Australia is very concerned about the adverse effects on Australian families that will be caused by coordinated protected industrial action on the Australian waterfront.
About 99% of Australia’s imports and exports by volume, and about 79% by value, are transported by ocean-going ships. This includes the everyday goods, foodstuffs, and medical supplies upon which Australian families rely.
Bear in mind too that about 9% to 10% of Australia’s workforce is employed in the logistics sector....