|Daily we are seeing reports that another company has committed to scrubbers. Or BWMT. Or adapting to LNG. Or, or, or… Clearly the floodgates are beginning to open.
There is no doubt that the maritime industry is facing a regulatory tsunami (ECA, Sulphur 2020, GHG reduction, ballast water, etc.) all with deadlines that need to be met. On top of that, external challenges are impacting ship operations with pressure to be more efficient creating the need for digitalization, and then the prospect of cyber risks. Comprehensive communications are getting more prevalent, which benefits the safety of the ship and the crew but contains its own challenges- particularly for the crew.
And all this during the worst shipping recession since 1845 (according to Martin Stopford).
What is industry to do? How are we to prioritize our actions in the face of being expected to do it all? Find out at SHIPPINGInsight October 16-18th in Stamford, Connecticut where these questions, and more, will be addressed. Over those three days, we will be exploring the challenges facing shipping today: how to meet regulatory requirements to reduce our impact on the planet; operational and transactional tools to make shipping more efficient; examining solutions being offered today; seeking guidance on what the future holds; and learning what shipowners want- and what solution providers can offer. We will also be holding a “Shark Tank” session for startups, displaying new technologies!
I urge you come to the conference and encourage you to be BOLD!!! Challenge the current thinking, and look for ways we, as an industry, can do things differently. While historically a conservative and slow-moving industry, this is a luxury we can no longer accommodate. We need to be forward leaning and anticipatory.
I believe sustainability, a byword in all areas of the public, industry and government, means more than just survival. We have an opportunity to innovate and thrive! Even in challenging markets, it is important to look past the current quarter into the next five, ten years to see where we are heading. Our coordinates need to be set on success today, and into the future.
Our SHIPPINGInsight Conference and Exhibition has been crafted to support industry as it moves forward. We have chosen the topics and speakers with care, and an eye for practical solutions and viable applications to support these transitionary times. We have attracted a wide array of partners who are there to help solve industry challenges. Register now!
Yes- things are heating up!! And sometimes, that isn’t a bad thing!