Ravi K Sheshadri
General Manager - Commercial
DP World Australia
Shipping industry has faced unprecedented challenges in recent years due to imbalance between demand and supply. With the high-profile collapse of Hanjin in August 2016, shipping lines are looking to consolidate for survival. The number of shipping lines operating globally has gone down from 20 to 12 with further consolidations expected in the coming years. Also, liners are looking to build bigger ships to reduce the unit cost of carrying cargo.
- Understanding the current challenges plaguing the shipping industry and impacts down under
- Discussing the challenges of stevedoring industry in Australia
- Analysing the pros and cons of bigger vessels