With the evolving technology trends and digitization, alongside automation, while significant industry sectors contribute efficiently to drive the economic and business growth across geographies, supply chains remain significant in maintaining the smooth conduct of operations. A smart supply chain has several elements that prove vital for a business’ successful growth & expansion, and here in terms of waterways logistics & supply chain it’s the shipping agency that acts as a crucial link between ship operators and port authorities, ensuring the smooth flow of maritime operations.

These agencies provide end-to-end services including port and husbandry services, clearing the ship with the port and other authorities, preparation and submission of appropriate documentation, along with releasing or receiving cargo on behalf of the Principal at port. Precisely, as these agencies allow the shipowners/charterers to better anticipate and plan out the schedule on the ship, the shipping agency market is pragmatically advancing promisingly, and on the back of flourishing international trade and globalization, the shipping agency services market size is poised to grow at 6.2 percent CAGR from $338.2 billion in 2022 and 2023 to 2032, according to a definitive study.

Well, taking care of all the regular routine tasks of a shipping company with keen attention and efficiency, there are many already reigning the market; and we through our current edition, ‘10 Most Promising Shipping Agencies -2023’ strive to applaud them for their acknowledgeable services.

Do read to know more about them and let us know your feedback!