The Lloyd’s List Podcast: The outlook for shipping in 2024 and beyond
A special extended edition of the podcast this week was recorded live at the Lloyd’s List Outlook Forum held in London on December 13
The world is living through the most dangerous time since the Cuban missile crisis. Geopolitical tension is keeping everyone awake at night, but there is at least a confidence among our expert panel from BIMCO, Citi, Shell and Cargill that shipping will manage to meet the International Maritime Organization’s goal of net zero emissions sometime around mid-century, probably…
EACH year, Lloyd’s List likes to gather a group of industry leaders, lock them in a room and not let them leave until they have divined the fate and fortunes of the shipping industry for the year to come.
And that’s what we did this week in London at the annual Lloyd’s List Outlook Forum.
Having gathered a baseline of crowdsourced knowledge from the ever insightful Lloyd’s List readers, we invited an all-star line-up of industry leaders and guests to join us for a discussion about the opportunities and threats that will be shaping shipping next year and beyond.
Now, we do that, because, well, frankly, it’s entertaining. But there is a real value in these conversations because as anyone who has been listening to this podcast will know, the industry is changing, radically in parts, less so in others, but the business of shipping is having to adapt.
Understanding the tipping points that will determine the future of the industry is important.
The forces that are determining the course of shipping’s zero-carbon transition — and, with it, the future of the commercial architecture of the industry — that is all playing out in front us right now.
There has been a step change in the industry conversation this year.
Not all regulation is fit for purpose; not all companies are doing what they have pledged; and the industry is still off track from where it needs to be.
And yet the maritime conversation has finally shifted from aspiration to action.
Speaking at the Outlook Forum this year were:
Eman Abdalla, global operations director for Cargill Ocean Transportation
Michael Parker, Citi global shipping, logistics and offshore chairman, and chair of the Poseidon Principles
Dr Alexandra Ebbinghaus, GM Decarbonisation, Shell
Nikolaus H. Schües, president of BIMCO, and CEO and owner of Reederei F. Laeisz
Download our Key Takeaways document summarising the main topics of discussion from the Outlook Forum event here