In the wake of a period of severe disruption to global trade, Gulf shipping and logistics companies are adapting to government efforts to boost self-sufficiency in the region, while also investing in corporate digital solutions to improve communication with stakeholders, and predict and mitigate challenges along the supply chain. Looking ahead, shipping and logistics companies face growing sustainability challenges, as the transition to a net-zero economy increasingly focuses on Scope III greenhouse gas emissions in the supply chain. Logistics service providers with the foresight and resources to invest in lowering their carbon footprint can establish an early-mover advantage as Gulf governments ramp up efforts to meet net-zero targets. Alongside addressing environmental concerns, the pursuit of long-term value creation in the sector will centre on human capital development and good corporate governance.
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