How to avoid risk pitfalls
Maritime leaders to tackle strategies and skills for the new normal: global uncertainty
THE maritime industry is confronted with a bewildering — and widening — web of demands to keep businesses profitable, safe and compliant.
Uncertainty and sudden changes in economic and geopolitical arenas is the new normal globally. For the maritime sector — a notoriously opaque and slow-moving industry — the fast pace of technological development, the impact of geopolitical events, adapting to incoming environmental regulation, as well as ongoing economic uncertainty, present challenges in maintaining profitability at a time of increasing risk.
Every shipowner, cargo owner, trader, supplier, service provider, lawyer, broker and financier is having to adapt to the new world order, but only the most alert and flexible will succeed.
With rising bankruptcy, geopolitical risk and tightening environmental and financial regulation, maritime businesses need processes and skills to ensure robustness and preparedness.
This London International Shipping Week, join Lloyd’s List and industry leaders, from fuel suppliers to financial institutions and legal practitioners, to discuss strategies needed to avoid risk pitfalls.
Monday September 11, from 1400 hrs at 8 Northumberland Avenue.