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The industry’s working assumptions of recent decades are no longer givens
Politics and economics clash over the benefits and practicalities of near-shoring manufacturing
The financial hit on the industry will likely slow progress in the short term, but the conviction in the long-term trajectory remains
Shipping’s new normal of remote working may turn out to be more efficient than the air-mile eating customs of old. Could coronavirus spark a renaissance in shipping, turbo charging digital developments and cultivating collaboration and data standardisation along the way? This week the podcast focuses on maritime innovation and entrepreneurship, featuring insights from Roger Holm, president of Wärtsilä’s marine power business and Matt Heider, chief executive of Nautilus Labs, one of the industry’s new wave of technology firms that specialises in ocean commerce artificial intelligence
Green shoots are emerging, with some countries allowing crew changes and others easing restrictions. However, with more than 150,000 seafarers still stranded at sea and ashore, the crisis is far from over
The place to look for consolidation targets is among the asset-light, knowledge-rich, innovation-driven businesses seeking to expand their reach by linking their capabilities together
In the US, where opposition by unions is intense, automation is way behind compared to most terminals in Asia, Europe and the Middle East
There was plenty of scepticism among suppliers, clients and even staff initially about whether Wrist’s rapid and robust response to coronavirus was too extreme, but no one is grumbling any more as they recognise that seafarers are key workers who must receive the provisions they need in order to ensure that global supply chains remain intact
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