Shipping looks to data to guard against exogenous shocks
The shipping industry is becoming more adept at using data to mitigate its exposure to an increasingly volatile macro environment. However, market players also realise that random events can have dramatic effects on the supply-demand balance in an industry that is highly connected with global trade
The industry can mitigate the effects of macro-event shocks by using data to build connectivity with their partners and capture efficiencies that can be passed on in the supply chain
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