Port Technology International’s penultimate e-Journal for 2019, edition 91, looks at the future of shipping as the industry approaches a new decade of growth and challenges.
Shipping, trade and technology experts look at the outlooks for 2020 and how standardization will support the future of global trade.
With the International Maritime Organisation’s (IMO) 2020 initiative to switch to lower sulphur fuels just four weeks away it is a key topic for shipping. IMO 2020 has resulted in a crisis-worthy idle ship rate as vessel owners hurry their platforms into dry-dock for the retrofit of exhaust scrubbers.
Drewry, a research and consulting service provider to the maritime industry and previous contributor to Port Technology International’s journals, looks at its data and forecasting to explore global port throughput, increasing fuel costs and what shipping lines look to gain, or lose, going into 2020.
Meanwhile, Traxens, discusses standardization in support of global trade. The age-old issue continues to be an ongoing topic of discussion within the industry, as was clear at this year’s Smart Digital Ports of the Future conference held in Rotterdam earlier this month.
Finally, big shipping and the challenges it brings to its land-side counterparts continues to be a key theme. This edition looks at the big-ship terminal’s need to expand capacity, while at the same time these terminals face a shortage of waterfront land.
An understanding of the shipping sector remains key in offering the entire industry the ability to strategize for the future and embrace upcoming challenges, as well as become familiar with the industry events at large.