The Xeneta Summit in Amsterdam provided a platform for industry leaders to address the pressing challenges confronting the ocean freight shipping sector. Stanley Smulders, Director of Marketing & Commercial at Ocean Network Express (ONE), engaged in a keynote Q&A session, shedding light on the industry’s dynamic landscape and the essential elements for its future success. Amidst market volatility, the discussion revolved around strategies to ensure growth and sustainability in the ever-evolving world of ocean freight, as reported by Xeneta .
- The Xeneta Summit gathers industry leaders to discuss the ocean freight market’s volatile challenges and collaborative solutions.
- Stanley Smulders highlights the importance of managing supply, demand, and rates, suggesting potential indexing-based pricing systems.
- The industry faces uncertainties in Asia to Europe trade, emphasizing adaptability and win-win solutions for a stable future.
Facing the Market Challenges
Industry leaders, including Stanley Smulders from Ocean Network Express, gathered at the Xeneta Summit to discuss the volatile ocean freight market and explore strategies for sustained growth in the face of uncertainties.
Managing Supply, Demand, and Rates
Stanley Smulders emphasized the importance of managing supply and demand dynamics amidst a growing fleet, highlighting the need for innovative solutions, including potential indexing-based pricing systems, to address rate fluctuations in the industry.
The Role of Collaboration and Adaptability
The discussion highlighted the collaborative efforts required within the industry. Smulders emphasized the significance of win-win solutions, suggesting that agreements with mutual benefits and assurance could pave the way for a stable and adaptable ocean freight landscape.
Charting the Course Ahead
As the industry undergoes tender seasons and grapples with rate uncertainties, the summit participants delved into the challenges of Asia to Europe trade and explored the potential of indexing-based contracts, emphasizing the need for industry-wide adaptability and flexibility in the evolving maritime landscape.
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Source: Xeneta
