Containerisation was once responsible substantially for helping global trade to reach new heights. And now, in the 21st century, expert professionals offering freight forwarding services in Sheffield have projected that the importance of containers will continue to rise. Why? Well, one of the main reasons is the obvious fact that containers allow cost-effective shipment of goods in large volumes across the globe. Also, here are a few trends which indicate that containerisation is more likely to increase in the upcoming years:
Continued Adoption Of Containers By Various Industries
There are plenty of industries that have started reaping the benefits of containers already. For instance, when the paper industry switched to containerisation by resizing the paper rolls, it created a highly cost-effective transport solution and also reduced losses incurred through damage of the paper products. Over time, many industries have followed in their footsteps and made profits in one way or another.
Current Patterns Of International Trade
Another reason why it is safe to say that containerisation will grow in significance is the changes which have taken place in global set up of production and manufacturing. For the first time after over a decade, China faces new challenges such as increased labour wages, rising manufacturing costs, etc. However, China can still combat these issues because container business is primarily sustained by their yearly GDP.
Potential For Timber Containerisation
A large volume of the timber exported to the Far & Middle East is shipped in containers rather than break bulk. Although this resulted from spiked fuel costs a few decades ago, buyers as well as sellers understood its advantages and adapted accordingly. Now, a similar thing has been projected to happen in North Africa, where bulk shippers presently are able to book cargo in small volumes from special timber ports.
Roro vs. Containers
Earlier, roro shops were very much in demand due to their speed and flexibility. But they have certain drawbacks which include high operating costs, old structural components and limited geographical coverage. Thus, they are being given serious competition by containers, which are cost-effective, fast, flexible and can go anywhere. It won’t be long before containerisation seconds roro ships and becomes a common preference of shippers.
In future, the attractiveness of containers is expected to increase further because of huge economies of scale as well as pressure on freight rates from supply ratio, as per what freight forwarding advocates have analysed so far.