The Significance of RCEP for Asia-Pac Supply Chains

The Significance of RCEP for Asia-Pac Supply Chains

When the Regional Comprehensive Economic Partnership (RCEP) entered into force on Jan. 1, 2022, it became the world’s largest free trade deal and created “a new center of gravity for global trade,” according to a report by the United Nations Conference on Trade and...
Understanding Cargo Insurance: 7 Common Misperceptions

Understanding Cargo Insurance: 7 Common Misperceptions

With most insurance – life, health, home – you buy it in the hope you’ll never have to use it. Cargo insurance is much the same. But global shippers often overlook insurance details and assume they are fully covered when, in fact, they’re not. That creates huge risk...
Friendshoring Strategy: Merits & Myths

Friendshoring Strategy: Merits & Myths

Friendshoring. Sounds like a nice word, doesn’t it? It evokes images of two countries holding hands and happily walking down the path to duty-free trade. But shifting production to more “tariff-friendly” countries isn’t necessarily the free pass some think it is....
A Primer on Ocean Freight Container Specifications

A Primer on Ocean Freight Container Specifications

No symbol is more representative of global trade than the ocean shipping container. An estimated 849 million containers are shipped globally (Statista, 2023), accounting for about 80% of the goods being shipped. But containers come in different shapes and sizes....
Navigating the Future of Ocean Shipping: The Next 3 Years

Navigating the Future of Ocean Shipping: The Next 3 Years

In the ever-evolving landscape of global trade and commerce, the container shipping industry has always been a barometer of economic health and geopolitical stability. As we set our sights on the next three years in the ocean shipping industry, it becomes evident that...