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Fleet Optimization & Innovation Headlines of the Week 2019 09 18

All Hands on Deck – Leadership and Investment needed in Maritime. . .  Headlines of the Week- September 18, 2019 View this email in your browser 

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OPTIMIZED FORMAT  –  INNOVATIVE IDEAS  –  PROFITABLE OPPORTUNITIES

All Hands on Deck- Leadership and Investment needed in Maritime

The clarion call is out for massive change in the traditionally conservative shipping industry.  Led by regulatory and market demands, shipping is facing its “monolith moment” of change.  This requires both leadership and investment in a new way of looking at the business and in new technologies and designs to meet the changing, and increasing, demands.

In a recent gCaptain interview (see below under New Technology), Mark Huang- Managing Director of Sea-Ahead, the Boston based public benefit corporation supporting maritime startups—was asked by John Konrad why shipping is slow to invest in New Tech.  He replied: “The Tech innovation from startups has really not been in the long-term DNA of the maritime sector.  It seems like the industry can view vessels as assets similar to commercial real estate — put it to work for a return.”

About 20+ years ago I supported a Greek product tanker company on corporate communications.  One point they insisted on was that we stress the company was an “industrial” shipping company, to distinguish it from asset players.  This company today is still successful and has been nimble in balancing its fleet and pivoting for the future.

We need industry’s leaders to embrace the changes facing it today and examine where the future lies.  Is the industry floating real estate, or the engine of global trade?  If so, then how must adapt to meet society’s demands for efficiency and lower impacts? Industry must walk away from the “because we have always done it this way” approach to “what needs to be done to improve and succeed?”

In the gCaptain article, Mark shared:  “About 10 years ago there was this internet startup guy named Elon Musk who wasn’t from Detroit, and he decided to put laptop batteries in a two-seat car.  With electric vehicles, the list has been long on “why it won’t work” — yet consumers and regulators are demanding them and now there is a worry the incumbent auto sector will be too slow to adapt…So change can come from an industry blind spot.”

SHIPPINGInsight has become the showcase for new technologies.  On our last day of October’s event will be our wildly popular SHARK TANK.  Who knows?  Perhaps shipping’s Elon Musk will be there!

*Have you watched “2001: A Space Odyssey” yet?  You will be amazed by the parallels to where we are in shipping today.
Keep optimizing,

Keep optimizing

Carleen
     Carleen Lyden Walker
     Chief Evolution Officer
SHIPPINGInsight
IMO Maritime Ambassador
+1 203 255 4686 (o)
+1 203 260 0480 (m)
c.walker@shippinginsight.com
www.shippinginsight.com
News of the Week
September 18, 2019 
click on topic to jump to that section

IMO 2020

Shipping Fears Low Sulphur Fuel Switch Could Lead to Accidents

2019-09-12 – The global shipping industry is about to undergo one of the biggest changes in its recent history with. . . READ MORE

Scrubbers

ABS: Guide for exhaust emission abatement

2019-09-05 – ABS has issued a guide to be applied to exhaust emission abatement systems fitted to ABS classed vessels and covering SOx. . . READ MORE

Digitalization

Study Identifies Key Role of Startups in Maritime’s Digitalization

2019-09-11 – Maritime startups and connectivity will play a key role in bringing the benefits of digitalization to the shipping and offshore sectors, according to a new study. . . READ MORE

Future Ships

Study Identifies Key Role of Startups in Maritime’s Digitalization

2019-09-11 – Maritime startups and connectivity will play a key role in bringing the benefits of digitalization to the shipping and offshore sectors, according to a new study. . . READ MORE

Emissions

Port of Long Beach marks 87% cut in diesel emissions

2019-09-10 – The Port of Long Beach reported dramatic reductions in air pollution, including an 87% cut in diesel emissions, according to the port’s latest annual. . . READ MORE

UK Shipping Association Calls for Decabonization by Mid-Century

2019-09-13 – Maritime UK, the trade association for British ports, shipping companies, marine insurers, seafarers and other stakeholders, has committed. . . READ MORE

SDG Report – How are we doing?

UN launches 2019 Sustainable Development Goals report

2019-09-11 – The UN launched the ‘Sustainable Development Goals 2019’ focusing on the progress that has been made from the day that the 2030. . . READ MORE

New Technology

Sea Ahead Interview – Have Maritime Startups Finally Reached A Tipping Point?

2019-09-16 – I recently wrote a Boston Globe cover story about the maritime startup ecosystem and had the opportunity to sit down and talk with, Mark Huang, Managing Director of Sea-Ahead. . . READ MORE

SHIPPINGInsight Updates

We are pleased to be welcoming Bilfinger
as a 
Gold Partner

They will be joining us as we provide cutting edge
and topical insights for the marine industry.

We are pleased to be welcoming RightShip
as a Gold Partner

They will be joining us as we provide cutting edge
and topical insights for the marine industry.

We are pleased to be welcoming Watson Farley & Williams
as a Gold Partner

They will be joining us as we provide cutting edge
and topical insights for the marine industry.

REGISTRATION IS OPEN!

Reserve your spot at the premiere technology forum and networking event for maritime industry professionals! 

REGISTER TODAY!

OPTIMIZED FORMAT  –  INNOVATIVE IDEAS  –  PROFITABLE OPPORTUNITIES

SHIPPINGInsight 2019

October 15-17, 2019

The 8th Annual Fleet Optimization & Innovation
Conference & Exhibition

Stamford Hilton
Stamford, Connecticut, USA

Highlights of 2018 – Photos, Presentations, Videos and more!

For partnership and exhibiting information, please contact
Dave Weidner (d.weidner@shippinginsight.com)
For more information on the conference, please contact
Carleen Lyden Walker (c.walker@shippinginsight.com)
or call +1 203 255 4686
Copyright © 2019 SHIPPINGInsight, All rights reserved.
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