It was quite a weekend to remember. We had lectures on Trade Logistics, supply chain and International Finance.adr_gdr_global_capital_market_integration_grp3_iift_1518
For our group, we worked on “Integrating Capital Market – via ADR and GDR”.
During Trade logistics, we learned about top 10 shipping companies and ports in World. JNPT – india’s port which handle ~60% india’s logistic by sea , is ranked ~31 in world ranking of ports in term of value and cargo volume.
China – as expected had 7-8 ports in top 10 ports in terms of volume and value. Singapore – was ranked among top for value of cargo.
Hanjin Ship corporate was listed among top 10 shipping companies in world. Later Udit (Colleague at IIFT MBA batch) informed us that Hanjin has filed for bankruptcy and how their ships are not allowed to offload existing cargo due to complexities international trade documentation procedures etc.
Article in Bloomberg explains complexities further – about $14 billion of cargo was on-board of Hanjin ships across world and how it might impact US holiday seasons and sale of Samsung and Nike etc.
(Image credit to Bloomberg)
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