Tech Enhancements Bring Smoother Sailing to International Commerce

The difficulties facing global trade and the global supply chains have been widely documented over the past few years. The outlook for global trade remains murky in 2025 with the threat of tariffs and ongoing shifts in geopolitics. Despite headwinds, the World Trade Organization is projecting world merchandise trade growth to increase three percent this year. 

With growth in the market, however, comes an even greater influx of information. This is especially true for businesses engaged in maritime transport, as a projected oversupply of available shipping space will likely lead to more options for businesses to parse through. This increase in options comes at a time of increasingly complex supply chains, which only adds to the information that businesses must evaluate and can decrease the visibility businesses have into the process from start to finish. How businesses handle the influx of information that comes with more options can make all the difference between profit and loss, and visibility into the process is key to making informed decisions.

Digital Transformation of Maritime Finance

As globalization and international trade have expanded in recent decades, innovation has been a critical part of the process nearly every step of the way. Maritime trade in particular has evolved tremendou…