CHINA has dominated this year's annual ranking of influence in the shipping industry, taking over the top four positions in the newly published Lloyd's List Top 100 Most Influential People in Shipping report.
More than 10% of the entrants in this year's list hail from China, reflecting the growing influence China's state-owned enterprises have in almost every sector of the shipping industry.
The Top 100, which is produced each year by the Lloyd's List editorial team as an exercise in assessing the shifting dynamics in the industry and the individuals behind the power plays, is led by China's president Xi Jinping.
Explaining the editorial decision to opt for a politician rather than a direct shipping industry figure, editor of the Top 100 Helen Kelly said: "Xi Jinping's policies and ambition will arguably define the next phase of globalisation and his strategic political decisions are directly influencing every aspect of the shipping markets."
Elsewhere on the list, Greek shipowners continued to hold sway in most sectors, diversifying traditional fleets of dry bulk tankers. Several key Greek players have consolidated power within industry bodies, seeking influence at a regulatory level.
Cyber security unsurprisingly features in the list this year, while several shipping outsiders have secured their position through a strategy of upending old ways of doing business and leading the charge to bring greater efficiency and transparency via digitalisation.
This year's Lloyd's List Top 100 Most Influential People in Shipping is available here, along with a selection of specific sector-focused Top 10 lists.
Full list here
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