The Changing Face of the Global Maritime Industry

According to global consultancy IHS Market™ 2017 is set to be one of the most significant years for shipping because it will be a year of transition for many sectors of the industry (i).

In order to benefit from this period of change and to maximize opportunities the shipping industry will need to embrace technology. It’s fair to say shipping depends on information and communication however, it can be a conservative industry and will need to accelerate its use of technology to truly change the way in which it works.

At its heart shipping remains a people business. Therefore technology and people management are a powerful combination to achieve improved efficiency, ensuring compliance and that vessels are safely manned. With the cost of crewing typically the biggest expense when it comes to running a vessel, the systems and processes used for the sourcing and selection of seafarers are vital.

The more individuals with the relevant skills and their up to date details that can be captured, the more costs can be controlled. In order to achieve this an integrated workforce management system is required.