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The Global Shipping Scene in 2021

The global shipping scene was in disarray even before the Suez blockage, and the trouble is far from over. Here is a 2020 snapshot, 2021 so far, and what may lie ahead. It’s no surprise that COVID-19 has had a monumental impact on many international industries. For an international shipping industry, already dealing with the concurrent challenges of a global container shortage, huge increases in shipping rates and historically low ontime performance rates, the recent Suez Canal blockage came as an untimely kick in the guts.

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