A lot of challenges and shifts have surfaced in the world of global transportation last 2016, which was topped by the bankruptcy of Hanjin Shipping, South Korea’s biggest container carrier, and the world’s seventh-largest.
The financial crisis from the previous years has really impacted the shipping industry in a very big way. Faced with harsh headwinds, many shipping firms are now setting their sails for the incoming shifts and trends in the global shipping industry this year 2017.
Therefore, Excelsior has produced infographic to depict the aforesaid challenges.
Source: Excelsior