Taking the lead

A new report summarizes the discussions that took place when more than 220 decision-makers convened for the Global Maritime Forum’s second Annual Summit in Singapore. Together, they identified collaboration as a key driver for positive change.

December 19 2019

It will require collaboration and bold leadership to meet new societal demands, improve the sector’s safety record, address climate change, reap the rewards of digitalization, and other shared­ responsibilities. That was the clear message when 220 decision-makers from across the maritime spectrum – and beyond – came together for the Global Maritime Forum’s Annual Summit in late October. Together, they identified collaboration as a key driver for positive change.

Intense discussions on shipping’s decarbonization showed that achieving the ‘at least 50% by 2050’ reduction target set by the IMO is seen as a shared obligation. Reaching the target will require an unprecedented level of collaboration across the entire global maritime value chain, as well as with the energy sector, with governments, and a range of other stakeholders.

Improving maritime safety was another important topic at the Annual Summit. Providing a safe work environment is both a moral imperative and a key factor in attracting the talented seafarers of the future.

Attracting the right talent is a necessity for the industry’s long-term success. The maritime sector can offer a compelling career path to the young generation, especially as the industry is looking to improve safety, well-being and its environmental performance.

Digital technologies and how they can drive improvements in efficiency across the maritime logistics chain was the fourth issue in focus. While participants agreed that there is a large potential for improving efficiency and reducing waste through digitalization and data sharing, it was also clear that there are significant barriers that must be overcome if these benefits are to be reaped.

The full report “Taking the lead” is available for download here.