Company Blog — social impact

  The COVID-19 pandemic has ushered in a new era of uncertainty, with industries worldwide grappling with unforeseen challenges. Among those feeling the impact are spare parts businesses, which have been navigating the rough waters of shipping difficulties and delays. Yet, amidst these trying times, there is reason for optimism as companies adapt, innovate, and persevere, setting their sights on a brighter future. The Shipping Conundrum As the pandemic disrupted global supply chains and brought about restrictions, the shipping landscape experienced significant upheavals. Lockdowns, reduced workforce capacities, and increased safety measures at ports have led to congestion and a backlog...

One might think that the term 'social business' might relate to doing business in your social circle or through social relationship that is something like facebook. In fact, that is not the case, rather in short, we can say it is a business model where goal is to solve social problems through business and reinvesting the profits in the business. At Marine Spares BD our high level goal is to elevate social issues through business. It could come down to reinvesting the profit in the business, integrating more man power into the business, creating more employment and opening the possibility...