Sectors

Regulators need to be ambitious setting targets and time is short if the industry is to meet climate goals

Companies trying to apply digitalisation to all their processes discovered that the outcome was not what they had anticipated

‘We’re noticing not just a slowdown in blank sailings, we’re actually seeing a reversal. Shipping lines are basically introducing sailings back into the rotations that were previously cancelled’ — deputy executive director Noel Hacegaba

Multinationals will diversify their sources from a single country to more than one location in a bid to manage risk. But shipping must recognise that alternative trade options are being considered

Regulators need to be ambitious setting targets and time is short if the industry is to meet climate goals

He believes the sci-fi videos of autonomous vessels took the discussion about digital technology in completely the wrong direction. The aim is safety and efficiency, not crew reduction

Increased numbers of very large crude carriers anchored off China, Singapore and Malaysia have brought the total amount of crude and clean products in floating storage to a new high, while the global economic outlook is expected to result in seaborne trade falling year on year for the first time since 2009

The IMO has received fuel consumption data for 2019 from over 26,000 ships, around 80% of the required vessels

Increased numbers of very large crude carriers anchored off China, Singapore and Malaysia have brought the total amount of crude and clean products in floating storage to a new high, while the global economic outlook is expected to result in seaborne trade falling year on year for the first time since 2009

The coronavirus response will mark 2020 out as a year when the global economy went into reverse. This will have a negative impact on future seaborne trade and, while there will be a rebound, annual growth will track lower in 2022-24

The ordering plan was first unveiled in April when the project was said to be linked with US LNG exports

Tokyo Century Corp’s Jigo Hiyashi believes there are far too many Japanese regional banks. He thinks they should focus on core competencies rather than simply merge to achieve size

Regulators need to be ambitious setting targets and time is short if the industry is to meet climate goals

He believes the sci-fi videos of autonomous vessels took the discussion about digital technology in completely the wrong direction. The aim is safety and efficiency, not crew reduction

 Group of 11 organisations to work on future fuels and options for transport and logistics

Shipping is trying to understand why it has come later to the digital party. There are many reasons, including culture, leadership, nervousness about transparency, the value proposition, and trust