The Container industry should keep its eyes open for unresolved and upcoming challenges as this industry keeps changing rapidly.
Globally, the future outlook for container business is decidedly mixed. Although the industry has enjoyed modest improvement in 2018, there are several new challenges that still impact the businesses. Container industry has witnessed dramatic changes with alliances, consolidation and digitalization leading everyone to wonder: What could be the impact of these changes on trade? Is this what market has been looking forward to? Overall trade has been shifting its dynamics, size and the way it responds to customers. Service providers are offering, customized, individual and specialized services along with focusing to achieve time and cost efficiency.
It's time that all service providers need to align to estimate what their customers need and respond accordingly.
Cabotage relaxation is considered as one of the bold reforms in the history of Indian Shipping business, relaxation of cabotage rule for a variety of cargo segments and opening up of India's coastal trade to foreign ships, would hopefully increase transhipment cargo handled at Indian ports and also bring down the costs of operations.
The second most significant development is Indian shipping industry is at the cusp of technology adoption and keen to embrace digitalization at all processes. At this juncture, it is very essential to figure out getting the right digital strategy for building a robust platform for the complex needs of our industry.
The sixth edition of Containers India will discuss these new age regulatory changes, technological trends and challenges with expert panellists debating on key issues of these topics.
Containers India is a market-focused conference, which takes place annually supported by Container Shipping Lines Association (CSLA) This conference is the destination for Indian Container trade bringing together shippers, logistics providers, shipping lines, 3PLs, ports, terminals, CFS/ICDs, MMLPs, Container Train Operators, Multimodal Transport Operators (MTOs), Road Transporters and other key audiences.