A challenging decade

The amount of regulations that shipping companies have to comply with is increasing year by year. New regulations have a high impact on business and are often expensive and complicated to implement. The environmental agenda is driving innovation for ship designers, makers, yards and owners. The shipping industry faces difficult choices on what options to choose and when.

Every choice has upsides and downsides and there is no silver bullet or one solution that fits everybody.

In the business environment we can expect over the next few years, it may be very expensive to get it wrong, but it should also be recognized that change provides business opportunities. Ultimately, the companies that over the next few months and years place the right bets thus have a real opportunity to create a lasting competitive advantage.