Monday, May 10, 2021

80% of world trade is through ocean going ships: And 200,000 of the crew members are East Indian: There is a problem

 

Supply chains

    About 80% of world goods trade by volume is carried on ships, according to the United Nations World Conference on Trade and Development, and India provides many of their crews.
        More than 200,000 of an estimated 1.7 million seafarers globally are from India, according to Guy Platten, the Secretary General at the International Chamber of Shipping. Many of them have officer ranks and roles requiring important skills, he added.
        "We hope to goodness" this situation can be resolved, Platten told CNN Business. Otherwise it could lead to big "shortage of seafarers," which would "disrupt the global supply chain," he added.
        end partial quote from:
        https://www.cnn.com/2021/05/10/business/india-covid-industries-intl-hnk/index.html

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