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5 ways the supply chain will be impacted due to oil prices

From an average customer’s viewpoint, increase in oil prices mean more expensive fuel costs and expected inflation concerning consumer products. However, volatility in oil prices affects different segments of the industry, especially sectors that rely on oil, based on interdependencies, such as logistics, the F&B industry and consumer goods, among others. However, oil prices have […]

Posted inDownstream

5 busiest shipping routes of 2022 in the growing maritime industry

Container shipping is used to transport more than 95% of all manufactured goods around the world. The shipping industry handles approximately 11 billion tonnes of goods yearly, accounting for the transportation of more than 50,000 vessels globally. The volume of goods carried; traffic conditions; natural circumstances such as wind, current, and weather; piracy; and physical […]

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