Maritime Economics: Yalqa Rizqi Azka 04211841000033
Maritime Economics: Yalqa Rizqi Azka 04211841000033
Maritime Economics: Yalqa Rizqi Azka 04211841000033
ECONOMICS
Yalqa Rizqi Azka
04211841000033
01
How COVID-19 Will Transform The
Maritime And Logistics Industry
Macro Economic Level
https://www.youtube.com/watch?app=desktop&v=vk_FVVDPugw
- Supply in china was cut because of china locked down their country
- Affected to demand world trade, economy, and shipping logistic because of
subsequently rest of the world went into shutdown mode
-But companies as cities and countries demand will start to comeback, because
this case artificially induced reduction of supply and demand over a period.
-World Trade Pattern may change, the US and China trade already talking
about supply chain resilience, supply chain contingency planning, that would
obviously involve moving some diversifying their areas of operation
https://www.orfonline.org/expert-speak/covid19-and-the-acceleration-of-digital-transformations-in-maritime-logistics-66769/
Individual Company Level
- Global maritime trade will plunge by 4.1% in 2020 due to the unprecedented
disruption caused by COVID-19, UNCTAD estimates in its Review of Maritime
Transport 2020, released on 12 November.
- The report warns that new waves of the pandemic that further disrupt supply chains
and economies might cause a steeper decline. The pandemic has sent shockwaves
through supply chains, shipping networks and ports, leading to plummeting cargo
volumes and foiling growth prospects, it says.
- According to the report, the short-term outlook for maritime trade is grim. Predicting
the pandemic’s longer-term impact as well as the timing and scale of the industry’s
recovery is fraught with uncertainty.
https://www.dpdhl.com/en/media-relations/press-releases/2020/delivery-covid-19-vaccine-dhl-study-shows-how-public-and-private-sector-can-
partner-for-success.html Source: UNCTAD calculations based on data from UNCTADstat.
The Winners and Losers in Supply Chain
- Many shipping companies are shaken to the core, because they are not making
money
- About who is the winners and losers, it really depends on how they put it see
- To be the winners:
- - the companies need to have assurance for customers perspective
- - having a distributed way of producing by having a more where they locate their
factories
So, from the Mr. Lie Sek Guan. He said that Asean shipping industry is in the good
position because factories from china to southeast Asia is very near and Asean want to
push their trade
https://www.cariasean.org/news/how-covid-19-will-transform-global-supply-chains-and-how-asean-must-respond/
https://splash247.com/cscl-to-bareboat-up-to-11-boxships-from/
China Covid-19 Problem
Covid 19 cannot stand alone to impact the rest of the world, there
maybe several factors too. For example, In this day, China as the Robotizati
world factory is strained, it not only of pandemic effect, there are on
rising wages of China’s worker, more digitalization, and more
robotization inside the company. The output of the condition may
impact the China trade pattern.
Rising
Pandemic
Effect Problem Worker
Wages
Digitalizati
on
https://infeksiemerging.kemkes.go.id/
02DIGITAL
TRANSFORMATION
Digital Transformation
Visibility
Company must elaborate the complexity of the information. The visible information
can achieve in digital transformation
1. Transformation of Information
In digital era, Information in shipping must be evolve and adapted to high
coordination and communication
Communication
Visibility Coordination
Digitalization
https://www.mdpi.com/2071-1050/9/5/829/htm
World War II
https://www.britannica.com/technology/battleship-naval-ship
https://mccontainers.com/blog/the-history-of-containers/
Modern The Bay Plan of container
https://www.containerhandbuch.de/chb_e/stra/stra_01_03_03.html