Following an expected rebound in trade, Jenae Logistics has noted a substantial volume increase of a recognized proportion in the first five months of the year and sees a promising prognosis for the shipping freight industry in Dubai. Following a surge in quantities handled in the third quarter, Dubai ports major we expect growth in shipping freight container volumes to slow in the coming quarter. A lack of shipping containers, congestion in ports, and skyrocketing freight charges have resulted from global supply chain disruptions caused by pandemic-related lockdowns and an unexpectedly swift rebound in commerce.

Local capital is available, which distinguishes it from many other jurisdictions, although the activity is still restricted. International banks are still wary, and no specific shipping desks have been formed in the UAE. This has provided an opportunity for UAE-based banks to strengthen their ties with local shipowners.

Owners and operators continue to face challenges in obtaining constant financial assistance. Traditional financial providers' lending requirements and costs of borrowing continue to rise. There are signs that the government is thinking about the issues that the local market is facing and is developing ways to meet them. As a result, Islamic financing has proven to be a viable source of capital for the UAE's shipping industry.

•           The demand for e-commerce items will continue to rise as people recognize the advantages and convenience of purchasing online which is an advantage to the shipping companies in Dubai. And, much as in e-commerce, one of the most essential criteria for success is the shopping experience, which is heavily reliant on supply chain management efficiency; as a result, organizations must place a premium on efficient execution operations. This is the only way to make sure things get to customers as rapidly as feasible and to have customer needs met in promptly.
•     The major competencies required to maintain supply chain resilience include compiling a clear contingency plan, fostering strong collaboration among stakeholders and worldwide networks, along integrating, and diversifying own goods and sources.

•          Customers return many of their online orders, commodities must be returned from their destination by the shipping company to their original location, a process known as reverse logistics. Supply chain organizations must deal with the rising demands of replacement or reimbursement of returned items. Reverse logistics management will provide a significant competitive advantage since it has a significant impact on customer satisfaction.

  
  

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