Every loud has a silver lining and certainly a setback in many aspects such as the current pandemic is no exception. Digitalization in the time of Covid-19 has certainly accelerated and shown its value in weathering the storm. Certainly these are times of opportunity in the ocean economy and data is as usual the new gold.

Real-time data on the whereabouts of goods in transit has proved useful during the coronavirus pandemic and will speed up the digitalisation of logistics processes across industries, according to a global chemicals producer and logistics executives.

Such data has been key to Germany-based Covestro’s ability to carry out contingency planning and make decisions with make-or-break consequences quickly in unusual circumstances.

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https://www.scmp.com/business/companies/article/3082596/coronavirus-lockdowns-show-real-time-logistics-data-key-make-or