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Top ocean shipping stories of 2023: War, drought and detours
2023-12-28
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Freightwaves' Greg Miller has written an excellent summary about the ocean shipping sector in 2023, and with our comprehensive network of international container shipping services, including LCL and FCL import and export operations, the U-Freight Group concurs with Greg's conclusion that this year has been one in which shipping, and the freight forwarders that rely on it, had to repeatedly change course.Miller writes that ocean shipping routes are always in flux, but 2023 took it to a whole new level.Trade routes were blocked or impeded by geopolitics, labour and weather: sanctions on Russia, US-China tensions, dockworker union unrest, drought-driven cuts at the Panama Canal, and attacks on ships in the Red Sea.Ocean trade detoured around each obstacle. When vessels divert in large numbers, it makes headlines, but that flexibility is one of ocean shipping’s greatest strengths. Ship diversions, as the software saying goes, are a feature, not a bug.Greg's look back on how FreightWaves covered of a year when ships kept on changing course, is well worth a read and can be seen here:https://www.freightwaves.com/news/top-ocean-shipping-stories-of-2023-war-drought-and-detours?oly_enc_id=2359H2956723J0GFor more information about the U-Freight Group's global ocean freight forwarding and logistics services, please contact your local U-Freight office.