Annual Review and Outlook - Maritime

Annual Review and Outlook - Maritime

ARO Commentaries

Strategic planning and investments remain the key elements ensuring Florida is prepared to service larger, new-Panamax vessels, as well as smaller vessels that serve the Caribbean.
Shipowners and operators are deciding whether they should go for low-sulfur fuel, scrubbers, or liquefied natural gas.
Two matters will disproportionately affect the maritime shipping industry in 2019: ongoing international trade negotiations and the alarming increase in the number of advanced cyber attacks waged against the global shipping supply chain.
Substantial investments that market participants are making in vessels, equipment, infrastructure, and talent will amplify the impact of “value add” for customers.
I fear escalating disputes such as that between the US and China could derail economic recovery, reshape global maritime trade patterns, and dampen the future course.
In the world of ports and cargo, transportation technology is already helping us overcome the challenges presented by growing container volumes.
We expect the MPP/HL market to further solidify in the next year, yet some risk remains through the slowdown of world economic growth and potential delays of some project-related investments.
Integrated solutions that provide a level of total supply chain management are increasingly sought by customers, who are looking beyond ocean transport services alone to operate most efficiently with dependable, fast, and seamless services to support their supply needs and optimize inventory management.
While larger vessels have, in many ways, been a response by the shipping companies to a challenging set of transportation economics, it is now becoming clear that retailers and consumers are driving the next phase of transformation in the ever-evolving shipping industry.
Companies this year will be faced with many challenges related to hiring.
For those involved in maritime education and training, 2019 will bring challenges and opportunities on several fronts.
There is plenty of activity in the digital arena with new platforms coming online regularly.
2019 is the gateway to a gigantic shift in global shipping — the coming 2020 low-sulfur regulations.
The emphasis on high-quality service may well be the tipping point to persuade a customer to choose one carrier over another.