De-centralization of cargo movement will help ease shipping congestion during challenging times, Gulftainer COO tells industry leaders

De-centralization of cargo movement will help ease shipping congestion during challenging times, Gulftainer COO tells industry leaders

Sharjah, United Arab Emirates: Relentless port congestion and rising freight costs are impacting heavily on global supply chains, with major disruption encountered in sectors such as fast-moving consumer goods, pharmaceutical and agricultural exports. The focus on larger container vessels serving a dwindling number of mega ports has limited the choices of shippers and receivers and created a rush to ship through traditional major gateway ports, leading to backlogs and displaced containers. “There needs to be an effort to de-centralize cargo movement or at least reconsider the speed with which industry…

UN Secretary-General Tells WGS2022: We Need to Support and Help Each Other

UN Secretary-General Tells WGS2022: We Need to Support and Help Each Other

Dubai, United Arab Emirates: United Nations Secretary General António Guterres called on the world to support and help each other, in a passionate appeal to delegates at the World Government Summit (WGS2022) in Dubai. Addressing delegates via video link he said: “Today, it is more important than ever before for governments to meet and discuss how we respond to the challenges we face today – from conflict to poverty and climate change.” Guterres added that both people at an individual level and fragile ecosystems are being hit by the impact…