Pros and Cons of Ocean Freight
Let’s explore the key benefits of ocean freight:
It’s a cost-effective shipping solution to deliver goods from one country to another.
Duty and VAT charges are comparatively lower for ocean freight as compared to air freight.
Sea freight containers can hold more weight than aircraft, ensuring the transportation of huge shipments easily.
It’s a more environmentally friendly option with a lower carbon footprint compared to air freight.
Here are the drawbacks of ocean freight:
The delivery times are longer compared to air freight.
It’s not an ideal shipping solution for time-sensitive shipments.
It’s also not suitable for shipping smaller shipments.
It’s less reliable compared to express shipping.
Weather conditions and port congestion can cause significant disruptions in senegal phone number list shipment schedules.
The risk for damage increases since goods shipped via sea are handled several times before they reach the final destination.
Generally, the shipments are more prone to theft as containers are left unprotected for extended periods during transit .
This mode of shipment transportation has faced too many issues in the global export sector. For instance, there have been multiple times when container shortage has been a problem for international business, leading to further delays in product delivery across borders. India faced 22.4% container shortage during the month of September 2022, which lasted till almost the end of 2022. Due to the recurrence of container shortages each month, the prices for ocean cargo transport increased drastically, since most businesses were willing to pay premium rates to acquire containers.
Did you know? The price for shipping containers has increased 4X due to an increase in demand and a shortage of supply!
Moreover, it was also observed that logistics ships lost track of schedule due to limited capacity and oversurge in shipments. This led brands to lose out on businesses due to loss of parcels, damage of shipments, and shipments being delivered to the wrong export destinations.
Challenges of Shipping Via Ocean
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