The shipping industry’s preparedness to meet the challenges of climate change and the digital revolution has been patchy and disjointed. The Covid-19 pandemic which has been added to the mix lately might shake up the status quo and be a catalyst for the radical measures needed.
This is the first public presentation that elaborates on the White Paper which Dr. Martin Stopford published just recently.
He outlines three scenarios for the evolution of the industry during the period 2020-2050, a period during which the maritime industry must rebuild its cargo fleet.
The three sets of scenarios cover
As Dr. Stopford mentions “We know we cannot predict the future. But we can try to prepare for changes that are clearly “on the cards”. Not preparing can be riskier and more expensive than the “safe” option of doing nothing.” The White Paper and presentation can help the industry assess alternative strategies and prepare for the way ahead.
Martin Stopford is a graduate of Oxford University and has a PhD in International Economics from London University. During his 41 years in the Maritime Industry he has held positions as Director of Business Development at British Shipbuilders; Global Shipping Economist with Chase Manhattan Bank N.A.; Chief Executive of Lloyds Maritime Information Services and executive director of Clarksons PLC. He retired from Clarksons in May 2012 and is currently non executive President of Clarkson Research Services Limited (CRSL).
Martin is also a visiting Professor at Cass Business School in London, Dalian Maritime University in China, Newcastle University and Copenhagen Business School. He has an Honorary Doctorate from The Solent University; a lifetime achievement award at the 2010 Lloyds List Global Shipping Awards; and in 2013 was Seatrade Personality of the Year.
His publications include "Maritime Economics" 3rd Ed, the widely used shipping text book published in January 2009, and many papers on shipping economics and ship finance.
Martin's children Ben and Elizabeth both live in London. His main hobby, apart for shipping, is gardening and he runs a small organic hill farm in Staffordshire Moorelands.
The webinar will consist of a 40-minute expert discussion, which will be followed by a Q&A lasting for 15 minutes. This webinar will be archived and available for replay upon registration.