220 leaders from across the maritime value chain came together in New York at the Global Maritime Forum’s Annual Summit 2022 and rolled up their sleeves to tackle systemic challenges and opportunities. At the forefront of the discussions was the need to take concrete action on shipping decarbonization, improve human sustainability, and safeguard the benefits of global trade.

At the Global Maritime Forum’s Annual Summit in New York, young maritime professionals discussed what actions need to be taken for the maritime industry to attract future generations. Improving human sustainability will be imperative to help the industry appeal to and retain future talent – an issue increasingly pressing for the resiliency of the entire maritime value chain.

30 shipping banks and 17 marine insurance providers and brokers announce today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future. This new commitment will align the Poseidon Principles with the ambition of the UN and the latest available climate science.

New report points to significant progress on the 5% goal by industry, national governments, and positive developments at the IMO.

The fifth annual Global Maritime Issues Monitor reveals that senior maritime decision-makers believe the maritime industry will be most impacted by the decarbonization of shipping and new environmental regulations in the next decade. At the same time, geopolitical issues and workforce and skill shortages rise in prominence as an area of concern.

The call for change is clear from the 188 young leaders from 27 different countries, who participated in the Future Maritime Leaders essay competition, organized by the Global Maritime Forum. Top issues in the essays are human safety, inclusion and diversity, health, and wellbeing, and securing future skills and competencies across the industry.

Published today, the new P4G-Getting to Zero Coalition report “Shipping’s energy transition: strategic opportunities in Indonesia” explores the potential for Indonesia to accelerate and to benefit from international maritime decarbonization. The report finds that Indonesia has several opportunities to leverage the global transition to zero emission marine fuels towards key national objectives. However, achieving this will require targeted action in order to unlock these opportunities.

The P4G-Getting to Zero Coalition report “Shipping’s energy transition: strategic opportunities in Mexico” explores the potential for Mexico to accelerate and to benefit from international maritime decarbonization. The report finds that Mexico has the potential to establish itself as a global leader within maritime decarbonization by engaging in green fuel production and bunkering. However, doing so will require quick and strategic action.

The July Crew Change Indicator shows a stable crew change situation with numbers at similar levels since December 2021.

The Global Maritime Forum’s Annual Summit 2022 will convene senior leaders in New York City in late September. Participants will work collectively to identify how to take action on recent turbulent changes in global trade patterns, decarbonization, and human sustainability.