Global Maritime Forum’s Annual Summit 2018

Global Maritime Forum’s Annual Summit 2018


The Global Maritime Forum is a not-for-profit organization which seeks to bring together leaders from across the various sectors of the maritime industry to work together, to find solutions, ways forward, to deal with the many challenges which the industry faces today We have substantial challenges ahead of us. We have the low sulfur fuel coming at us, we have the decarbonisation of shipping, and then we also have this incredibly complex trade documentation that we live with that needs to be simplified. We need to work across different industries and entities in order to get that done, and the Global Maritime Forum provides an excellent opportunity to discuss and to formulate opinions about that. There’s a lot of structural change in the market something that we didn’t anticipate, and something that we have to change ourselves to adapt to the new environment The government sector and the business sector should work very closely with each other because a lot of the complexities in the world, both in politics in tehcnology, and changes in economies really require everybody to better understand each other. The industry is facing a workforce challenge, a talent challenge. A lot of knowledge, a lot of talent will be leaving the organizations, leaving the industry. And so there is the likelihood of quite a large talent gap The three biggest challenges, the decarbonisation challenge, there is improving safety in our industry, which sort of underpins everything, and it’s how we use digital and data to change our business business models in our industry. The global maritime industry can actually forge the future that it wants by working together, by engaging not only developed markets But the emerging market economies, where new sources of trade and new sources of infrastructure will unlock future growth. If we look at the potential in Africa, Africa makes up only 4% of the world’s container trade, and there’s big potential to increase that with Africa’s regional integration and integration into global value chains. I think there’s a big challenge between supporting sustainability with the challenges of profitability, and how do you create a cooperative industry that’s keeping the importance of Improving the overall profile of the industry from a safety and environmental perspective by also being challenged with a lack of profitability One of the biggest challenges the maritime industry is facing is that they’ve made a commitment to halve emissions of greenhouse gases over coming decades and we think that a key element of a strategy to start meeting that pledge is a carbon tax What I would do in light of these discussions is I would take them, I would take them back home into the business and really try to make some actionable Points on this one to really make sure we are moving the agenda The industry is really ready to do something which has been a pleasant surprise to me. These are the leaders that are fundamentally shaping the future environment of trade and connectivity between people, and it’s exciting to be here to engage with them and to think about and work toward A positive future for global shipping and global maritime trade, even when there’s great geopolitical uncertainty that we’re all dealing with

Leave a Reply

Your email address will not be published. Required fields are marked *