Supported by the improved market fundamentals of growth in shipping demand and the ongoing management of supply capacity, cargo flows are expanding across all segments of the industry with containerised and dry bulk shipping chronicling the fastest growth in the sector. However,the global trade landscape continues to be unpredictable and carries significant risks for near-term future of container shipping and handling. In 2018, the World Trade Organization is forecasting trade growth between 2.1% and 4%.
Supported by growing Ecommerce which is transforming how transactions and trades are done domestically and cross borders and with an astounding $14.2 trillion to be realized through digital business by 2022, will play a vital role in supporting
demand for container shipping in over the next few years. There is no doubt that the time for digital is now!
The whole supply chain, is immersing itself in intelligent assets that can foster through automation, autonomy and connectivity a massive change in the ‘business as usual’ approach to moving cargo across the globe.
A sense of renewed optimism has begun to emerge for the industry as it slowly starts to emerge from a decade long struggle of navigating through tumultuous times stemming from the world economic crash of 2009. This optimism will operate in 2018 under a cloud of several risk factors that include the continued retreat of the Chinese economy to focus of domestic demand, the United States change of trade policy since 2017 and the ongoing uncertainty allied to the UK’s decision to leave the European Union in 2016 and will continue to linger over any potential world economic growth.
TOC Europe returns to Rotterdam in 2018 at a vitally important time for the sector. Having witnessed countless upheavals in its 40-plus years, three core content components at this year’s event will bring industry executives up to speed on how maritime logistics and container supply chain operations can face up and adapt to the challenges ahead.