Global Supply Chains are very important in linking various countries to international markets facilitating global trade.. Modern day supply chains come with great opportunities but also pose some challenges which can test some of the best built and run supply chains..
One such challenge that is testing the world currently is the COVID-19 pandemic which came into limelight in December 2019.. This pandemic which has spread to every country around the world has caused/is causing major economic and social disruptions with far reaching impacts on global supply chains..
To understand the impact of this pandemic on the supply chain, we conducted a survey to measure the effect and impact of the coronavirus pandemic on global supply chains.. It collected and analyzed data on three key aspects – Impact, Preparedness, and Recovery..
Trade by sea must continue to flow to maintain the continued provision of essential goods, including vital medical supplies, during the unprecedented global situation arising from the COVID-19 pandemic.
This was the message of a joint statement from the heads of the International Maritime Organization (IMO) and the World Customs Organization (WCO), issued on Friday (17 April).
In a press release yesterday, IMO and PSC inspection authorities announced that they have set a pragmatic approach to support global supply chain..
The port State control (PSC) regimes which carry out inspections onboard ships to monitor and enforce compliance with international regulations have highlighted their commitment to ensuring shipping continues to trade safely, securely and efficiently during the coronavirus pandemic, while respecting the important role of seafarers as key workers and protecting the environment.
COVID-19 the pandemic that came into the limelight in December 2019 has now spread to every country around the world. This has caused major economic and social disruptions with far reaching impacts on global supply chains..
One of the key issues is the impact COVID-19 is having on port calls and particularly, the issue of blank sailings..
Ocean Insights has released some key data on the effects of COVID-19 on global port calls alongwith a free tracker to monitor blank sailings..
Further to the various updates on COVID-19 with regards to South Africa, in a Presidential announcement on 23rd March, the President Mr.Cyril Ramaphosa announced a further series of measures to contain the spread of the virus..
This includes a 21 day lock down of the country starting from midnight of 26th March 2020.. The full announcement from the President is as below..
IMO Secretary-General stresses the vital need to maintain commerce by sea and protect seafarers’ welfare in face of coronavirus shut down.
Stating that in these difficult times, the ability for shipping services and seafarers to deliver vital goods, including medical supplies and foodstuffs, will be central to responding to, and eventually overcoming, this pandemic, IMO Secretary-General Kitack Lim has issued a statement addressing the effect of the COVID-19 pandemic on the shipping industry and the global supply chain.