Shipping must improve forecasting and not allow ‘uncertainty to delay action’
Large scale changes identified in report include key ports becoming unusable due to climate change, a surge in the percentage of women in the workforce, and African nations becoming the world’s main suppliers of seafarers.
The maritime industry must improve its forecasting to prepare for a range of possible futures, according to its leading classification society.
Lloyd’s Register and Lloyd’s Register Foundation have called on shipowners and other supply chain stakeholders to increase their ability to deal with significant changes and possible future scenarios - developed in a new report presented during London International Shipping Week in September 2023.
The report, “Global Maritime Trends 2050”, authored by Economist Impact, is part of a new joint multi-year Global Maritime Trends programme between Lloyd’s Register and Lloyd’s Register Foundation.